Forex Wiki Trading > FX Ind > RSI Peak & Bottom

RSI Peak & Bottom

  • June 20, 2013
  • Posted by: Forex Wiki Team
  • Category: FX Ind
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2 Description:
3 Image:
4 Recommendations:
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RSI Peak & Bottom
Author: HajarWae (2010.07.12 11:04)
Downloaded: 5388
Download:
RSI Peak & Bottom 1
 RSI_Peak_and_Bottom.mq4 (3.3 Kb) View

Author:

HajarWae

Description:

The peak/bottom could show the top level of RSI. When rsi passed the top/bottom value it indicated a buy/sel signal.

It can show the signal earlier but still need some filter, so this methode could be combined with others indicator as a filters.

Red arrow is peak and Yellow arrow is bottom.

I want to plot/draw rsi level based on peak/bottom possition. but i have a problem about the code to modify this indicator. need help to make it perfect.

I want to plot all of the peak/bottom towards then we will get any level at the peak/bottom. and when rsi cross the peak/bottom line, the level will be terminated 1 candle after crossing.

the calculating & plotting of others level will be continued until rsi cossing the level again.

can any body help???

please share....

Image:

RSI Peak & Bottom 2

Recommendations:

  • Use This RSI levels as a Signal
  • Combine with others indicators as a filter

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.
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