Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=26220
Forum: 17 · Topic 26220 · 5 post(s)
Apprentice · Sun Nov 18, 2012 5:55 am

This indicator will give you a Buy or Sell signal if both RSI / MA filters give the same indication. Buy Price> MA RSI> RSI Buy Line
Sell Price <MA RSI <RSI Sell Line
Additional Filter If used, the filter, will eliminate, unambiguous (neutral) indications.
The indicator was revised and updated
trader-muc · Tue Nov 20, 2012 12:09 pm
a great indicator. very useful as filter (i use it in combination with supertrend).
is it possible to build a strategy / alert when the color of the indicator changes ? tanks in advance !
Blackcat2 · Wed Nov 21, 2012 2:50 am
Can it be modified to allow different type of MA? For example, EMA, etc..
Thanks.
Apprentice · Wed Nov 21, 2012 3:48 am
To both. Your requests are added to the development list.
Apprentice · Fri Apr 21, 2017 5:23 am
Indicator was revised and updated.