RSI Trend Filter Strategy

[lawners1791]

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rsi-trend-indicator.mq4
rsi-filter-indicator.mq4

The decision is to work with the RSI Trend Indicator from the creator Robert Hill (2008)
and the RSI Filter Indicator from the creator Igor AD (2006)

The buy signals should comes with the both confirmation as RSI bar lines showing of the drawing above the 0.0000 level.
The sell signals should comes with the both confirmation as RSI bar lines showing of the drawing below the 0.0000 level.

Both confirmation from the indy should refer of the better precision as trader works also with the different choice of indy on analyzing the better way with traders preference on opening position.

[Earnperfect]

RSi is a very good indicator I think buddy in this thread your indicator's are directly focusing on market trend I think you can use moving average to know about the market trend, you can add moving average with it on your chart from where you will got more accurate idea about the market but if you are making good profit with it then please carry one

[lawners1791]

the RSI histogram bar indy works on helping of trader to earns of good confirmation. as running of the different indy system to work according of the returns with the past evaluation on referring of customs on preset with the rules of the strategy.

[lawners1791]

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yes sometimes the use of the confirmation signals should had of the reference as appealing with the chance on working of the different occupation on logics with the qualification.
as with the use of the DeMarker 14 indy signals that those helps only with the use of customs on strategy as calling of the extremes level (by the different custom on uses) on referring signals.

[rinaji]

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yes sometimes the use of the confirmation signals should had of the reference as appealing with the chance on working of the different occupation on logics with the qualification.
as with the use of the DeMarker 14 indy signals that those helps only with the use of customs on strategy as calling of the extremes level (by the different custom on uses) on referring signals.

Hi lawners, nice to see your thread, and I think this is a simple and good strategy, usually traders use RSI for overbought / oversold trading, but here I find you have different ways in using RSI modifications indicator for trend following strategy. Perhaps the logic of this indicators taken from the break out levels of RSI indicator.

[lawners1791]

those to refer of trader to work of more on defining thew use on different system to work of the confirmation as the decision should had with the customs on arrange on matching of the profile of strategy as entering of distinct on pairs chart and the session with the trading hours. as the spends varies between the modern and ones of the traditional chance on appealing nuance with the deliverance of the market.

[lawners1791]

Attachment 12098
measuring of the different level on approaching buying selling signals.

appealing of the further as the confirmation signals from the stochastic shows with the extreme on bands of the common usuals of over bought over sold customs. those gives of the better as trader to earns of ones with the good chance on closing of the fair number on pips to complete with the order.

[lawners1791]

as working with the different combination on signals with the confirmation, the use of the RSI bar indy shows of the good accuracies with the chance as to enter to earns of the good target to complete on short to medium terms of trader on running with the M5 chart.
still of those to refer with the customs on trader decision on defining of rules on strategy of more as entering of the trading works with the market.

[aris90]

Nice to read your thread. Unfortunately you have not yet explained the history and the background the indicator has made. I suggest you to post about the basic and the principle the indicator. And your chart is full of indicator, it id hard to be understanding. . Full color chart.

[hosny55]

I have an opinion on the using of the indicators . I see that these indicators gives us what the market has already done not what is the market going to do in the next period of time. but to know what is going to be we may go to read about the news and the economic calendars in order to make a good decision of the status of the market