Page 1 of 3
MACD RSI Stochastic Overlay
Posted:
Fri Nov 02, 2012 8:38 amby Apprentice
u can choose one of the three filters.
If all selected filters agree,
we will have an indication.
1.MACD Filter
MACD/SIGNAL Line
2.Stochastic Filter
K/D Line
3. RSI Filter
RSI / 50 Line
4. CCI Filter
CCI / Zero Line
5. Smoothed ADX Filter
Up
ADX > Level
DIP > Level
DIP > DIM
Down
ADX > Level
DIM > Level
DIM > DIP
6. SAR Filter
Up / Down SAR Signal
Smoothed_ADX.lua is available here.
viewtopic.php?f=17&t=7635MT4/MQ4 version
viewtopic.php?f=38&t=68705
Re: MACD RSI Stochastic Overlay
Posted:
Fri Nov 02, 2012 9:09 amby Apprentice
UP arrow
STOCH > 50
RSI > 70
MACD > 0.0001
CCI > 100
DOWN arrow
STOCH < 50
RSI < 30
MACD < -0.0001.
CCI < -100
Re: MACD RSI Stochastic Overlay
Posted:
Fri Nov 02, 2012 12:11 pmby irvin_verma
Hi Apprentice,
Thanks a lot for this great help.
I just wanted if it was possible to draw arrows only at crossovers, UP arrow for crossing from low to up and DOWN arrow , for crossing from upside to below the levels.
This will help in restricting the trade and saving from OVERTRADING.
Thanks a lot,
Irvin
Re: MACD RSI Stochastic Overlay
Posted:
Fri Nov 02, 2012 1:09 pmby Apprentice
crossovers of which Indicator, single one or ALL of them,
here we have three of them.
Re: MACD RSI Stochastic Overlay
Posted:
Fri Nov 02, 2012 9:49 pmby irvin_verma
Hi,
Arrows when all the three collectively make crossovers. I think the RSI Level could be set to above 50 for UP and below 50 for DOWN.
It is a great help, I really am thankful.
Thanks a lot.
Irvin
Re: MACD RSI Stochastic Overlay
Posted:
Sat Nov 03, 2012 3:58 amby Apprentice
To have Arrows, only, if all filters make crossovers in same period?
This can be done.
However, such events are extremely rare.
Re: MACD RSI Stochastic Overlay
Posted:
Sat Nov 03, 2012 9:15 amby irvin_verma
Within a specified period like 5 seconds or customisable?
Such rarity is what i am looking for, to cut the number of false signals.
Also I just wanted a little change in the settings, the RSI value be set above or below 50 instead of present two values, and the MACD cross above signal line for up and cross below signal line instead of 0.0001 values.
I am very thankful if some strategy to back test results is also made into a separate indicator.
Thanks
Irvin
Re: MACD RSI Stochastic Overlay
Posted:
Sun Nov 04, 2012 7:50 amby Apprentice
Your request is added to the development list.
Re: MACD RSI Stochastic Overlay
Posted:
Thu Feb 05, 2015 11:30 amby 7510109079
Apprentice,
was there ever any strategy done for the Custom indicator? (One which would take note of which of the 3 'Selector' options were 'yes' and enter accordingly on the next bar) as this indicator works well even on its own.
If not could you create one please?
Re: MACD RSI Stochastic Overlay
Posted:
Sun Feb 08, 2015 2:21 amby Apprentice
Custom MACD RSI Stochastic Overay Added.
MACD RSI Stochastic Dots.lua