Technical Indicators for MetaTrader 4

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MetaTrader 4

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DemRsiMTF with Percent by Sergo

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50 $38 $

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Information

Indicators
MetaTrader 4
Serhii Tymchenko
1.10
5

Overview

I decided to add parallel function with DeMarker to free version of my indicator with RSI MTF.

it is good for scalping or for weekly trading and looks as universal fx-toy. 

In menu you can turn on daily percentage gain info, it is good for crypto as for me, weekly and monthly gains also included as informers.  

Short ATR helps to determine when price was stopped and entry for pulse pump/dump.

The filter of numbers of RSI can be tuned for overbought/oversold values with colors you needed. 

Examples:

~Demarker:

DeMarker when text "buy" will be showed? When previous closed bar is higher that oversold level value you set in menu.

The text "sell" will be similarly back crossing the value from the overbought value down.

DeMarker shows "0.18 ~~~~" it means that oversold price and we need to wait closing bar > 0.2 (menu set)

~RSI:

Bitcoin MN shows "45 ---<" it means that current and previous 2 bars (all 3 bars) under equator value = 50

Bitcoin D1 shows "59 +++>" it means that current and previous 2 bars (all 3 bars) above equator value = 50

I'll look up smallest TF 15-30 minutes for entry long after "+++" will be showed


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