DUCHOAN99 would like to send you the
indicator
RSI Colour Multi Timeframe Real Value for MT5
(
Colour Relative Strength Index Multiple Timeframe Real Value for MT5
).
1. As the name suggests,
the indicator shows exactly its value at the selected Timeframe.
2. The indicator has 2 display types: (
See attached screenshots to better understand these 2 types)
-
Real Value: the indicator shows exactly its value at the selected Timeframe. (Highly recommended)
-
Value at the last tick of the timeframe bar. (Commonly used in other simple Multi-Timeframe indicators. Value may not be real value at the time of bar formation, to be able to properly analyze, this type should not be used.).
3. Input parameters:
-
Timeframe of data collection (Default: current)
-
Type of value you want to display (
REAL value
or
Value at the last tick of the timeframe bar
)
(Default: REAL value)
-
-
Period
(Default: 14)
-
Applied price
(Default: Close)
-
RSI overbought level
(Default: 70)
-
Color RSI overbought level
(Default: Green)
-
RSI oversold level
(Default: 30)
-
Color RSI oversold level
(Default: Red)
Hope the indicator will make your trading system perfect!
Feel free to contact me with any questions or requests!
Good luck and success!
