mtf rsi with adx

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mtf rsi with adx

Postby parisbruce » Sat Mar 30, 2019 12:49 pm

hi i would like an indicator developed hope you can help.

my system works as follows

i have two rsi's on a daily timeframe when the shorter one is above the longer one it is in a buy position and vice versa for a sell position.

next i have the adx below a certain value on the daily.

then my trigger to trade is an rsi 4hr coming out of overbought or oversold e.g crossing back above 30 and closing then going long on the next candle.

i need all rsi indicators to be adjustable in value ie the daily rsi 10 is above the daily rsi 16 and the adx daily is below 40 then the 4hr rsi 9 comes out of oversold 30 and closes go long.

i want to be able to adjust all the levels of the rsi's and the level of adx remember i want to be able to have adx below a certain value not above.i want it to be able to work on a test acct and real acct thanks guys you do great work
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Re: mtf rsi with adx

Postby Apprentice » Mon Apr 01, 2019 5:31 am

Can you confirm?

For Long
D1 Time Frame
1.RSI > 2. RSI
ADX < Level

H4 RSI /OS Cross Over

Vice versa for Short
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Re: mtf rsi with adx

Postby parisbruce » Mon Apr 08, 2019 5:09 am

the adx bit is not working i did ask again for this indicator didnt realize you had already made it.maybe just remove the adx part please
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Re: mtf rsi with adx

Postby Apprentice » Tue Apr 09, 2019 5:54 am

If on and if ADX is less then Level_ADX for the higher time frame,
the position will be opened.
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