Smoothed RSI Strategy

[Apprentice]

The strategy was written, according to the indicator with the same name.

Smoothed RSI Strategy.lua

(16.92 KiB) Downloaded 1574 times

Open Long
Smoothed RSI / Buy Line CrossOver
Open Short
Smoothed RSI / Sell Line CrossUnder

Please install the Smoothed RSI Indicator.
http://www.fxcodebase.com/code/viewtopi ... =17&t=2675

The Strategy was revised and updated on December 18, 2018.

[RJH501]

Hello Apprentice,

Another fine piece of work! I have been using RSI to confirm SMI buy sell signals and this is a tremendous aid.

Could you possibly give the users of this indicator the ability to change the size of the "dot" that appears on the chart?

It would be a nice addition to improve visibility.

Regards,

Richard

[easytrading]

hello Apprentice,

kindly,is it possible to add tick zigzag indicator to the MA method list of Smoothed RSI crossover?
your help is much appreciated.

[Apprentice]

Your request is added to the development list.

[Silver23]

Hi Apprentice,

Thank you for this strategy and all the other work you have done. Is it possible to add the "Level Stop Reverse with Alert" to this strategy? A buy signal is given 1) when the RSI is above 50 and the "Bottom Line Early Warning" of the LSR is indicated. An exit for this condition is given only when the RSI move below 50 and a down arrow is indicated. This will then trigger a SELL signal.The parameters of both indicators must still be adaptable by the user. I have attached a picture to illustrate what I'm talking about. Thank you in advance.

In summary:
BUY: Smoothed RSI > 50 and LSR " Bottom Line Early Warning" arrow is pointing up.
SELL: Smoothed RSI < 50 LSR " Top Line Early Warning" arrow is pointing down.
EXIT: opposite trade initiated

[Apprentice]

Your request is added to the development list.

[Silver23]

Thank You Apprentice,

Would it also be possible to add the trendstop indicator as another optional filter. I really find your indicators very valuable thank you very much.

Silver23

[Apprentice]

Sure. Please Define filter conditions.

[Silver23]

Hi Apprentice,
Thanks for using your time to honor numerous requests. I hope this clarifies how I hope to use this addition

Price > trendstop cloud-buy
Price < trendstop cloud -sell
Optional Exit: Price moves into cloud from above or below

Thank you in advance for being so unselfish and amazing.

[Apprentice]

Your request is added to the development list.