RSI-STO
Created on 7/8/2020 11:26:14 PM
STOCHASTIC O/B AND RSI CHANGING DIRECTION
This indicator can be used as a signal provider for
LOCTrader Expert Advisor.
EURUSD
USDJPY
GBPUSD
USDCHF
M1
M5
M15
M30
Hourly
H4
Daily
Buy Signals
Condition 1
Stochastic Main
%K:10 %D:2 Slowing:3 MA Method:Simple Price Field:Low/High
Is Below
Constant (Horizontal line) Value: 5
Condition 2
Relative Strength Index (RSI) 14 Close
Changes from pointing DOWN to UP (Minimum)
Sell Signals
Condition 3
Stochastic Main
%K:10 %D:2 Slowing:3 MA Method:Simple Price Field:Low/High
Is Above
Constant (Horizontal line) Value: 95
Condition 4
Relative Strength Index (RSI) 14 Close
Changes from pointing UP to DOWN (Maximum)
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This is a custom indicator for Metatrader 4 platform. To use it you need:
- Download this indicator and copy into your metatrader experts/indicators folder.
- Restart your Metatrader 4 terminal.
- Indicator will appear under Custom Indicators section. Attach the indicator on the chart.