by gabriel_trade » Sat Oct 11, 2014 3:44 pm
Friends, can I please request a variation of this indicator that will help us to establish the trading zones? .. It will be very much appreciated:
The exact same concept with MTF:
Line 1:
- When RSI > 50, display in green: 'BUY ZONE'
- When RSI < 50, display in red: 'SELL ZONE'
Line 2:
- When RSI above MVA(5), display in green: 'Good to Buy'
- When RSI Below MVA (5), display in red: 'Good to Sell'
* please, let us enter the period for MVA
This concept is helping me a lot on identifying trading edge since it defines trend and zones.
I'm sure it will be beneficial for many people.
Very much appreciated!