All about RSI & Variant

RSS (Relative Spread Strength) - indicator for MetaTrader 5

Ian Copsey's indicator RSS (Relative Spread Strength) was presented in Stocks & Commodities in October, 2006.

RSISignal - indicator for MetaTrader 4

Features

• Displays 3 RSI lines of different periods and the MA of the first RSI line (smoothed RSI).
• Displays the MA of the smoothed RSI. The crosses of smoothed RSI and its MA can be used as the signals.
• Displays histogram for RSI or its Moving Average.
• Colored level lines.
• Two color MA lines.
• Four color histogram.
• Color filling between overbought and oversell levels (background).
• Users can turn off/on most of the features mentioned above.

Read the discussion about few versions of this indicator here.

Dear Igor ,

Can you please add ALMA (Arnaud Legoux Moving Average) as additional smoothing option to your polyfit RSI indicator?Thanks.

Hi ND,

Any chance of Igor doing my request? [

Originally Posted by uncle wong

Hi ND,

Any chance of Igor doing my request? [

I reported to the Igorad (but he may be overloaded now; and he is having his own ideas about priority for the requests).
I think - he will do it.

RSI Summed - indicator for MetaTrader 5

It takes nnn RSI values specified by periods parameter and checks if all the nnn rsi values are above or bellow the required value. If they are above, it shows it as state up, if all are bellow the desired low level, it shows it as state down, otherwise it shows it as neutral state. One may argue that that state can be obtained by checking the slowest rsi only, but in some cases it is not so (it largely depends on the periods used) hence the indicator does it for all the specified RSI values

Periods used can be specified as a list separated by ":". Default is 14;15;16;17;18;19;20;21

RSI Levels Expert Advisor - expert for MetaTrader 5

Classic trading strategy based on RSI levels. Buys when RSI is oversold and sells when RSI is overbought.
This code can be used in both MetaTrader5 and MetaTrader4. Just change the file extension from .mq5 to .mq4 and compile the file again.

AllRSI Histo_v2.4 600+ indicator is on this post. This is the updated AllRSI Histo indicator with the new set of MAs/prices and with the ability to plot arrows for the important crossovers with alerts.

Premium section indicator

----------------



AllKindsOfRSI_v1.5 600+ indicator was created for Premium Trading Forum. This is the updated AllKindsOfRSI indicator which is able to plot the Rocket RSI by J.Ehlers (as per the article) and allows to show divergences in addition to 4 ways to plot the signal arrows in addition to 4 ways to plot the signal arrows:

• Signal Line Cross(w/o considering OverBought/OverSold Levels)
• OverBought/OverSold Levels Cross
• Signal Line Cross(considering OverBought/OverSold Levels)
• Middle Cross

RSI with BB - indicator for MetaTrader 5

The indicator consists in an RSI and Bollinger bands calculated on it, it also plots arrows when RSI value was out of Bands and came again in Bands.