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Thread: RSITrendcatcher

  1. #1
    Junior Member
    Join Date
    Dec 2009

    Default RSITrendcatcher

    Hello everyone, this is my first post to this forum.

    Here's an indi I've been using for more than a year. It works REALLY well at detecting trends and OS/OB zones. I believe it was coded by Trendchaser.

    I was hoping someone here would be able to make a couple of (what I hope are) easy mods for me:

    Mod1: Remove the Bollinger Band feature from the indi. It may be useful for some, but for me it's just in the way.

    Mod2: Add a feature where the user-defined inner channel (eg, from 48-52) has a selectable color that prints on top of the indi and blocks out anything undernieth. Meaning, if I selected 48-52 and "Black", then a solid black zone would cross my screen between those two numbers and block the indi at the same time. This would be my "no trade" zone.

    Any takers?

    Thanks in advance, and I love the helpfulness of all the members here!

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  2. #2
    Junior Member
    Join Date
    Jan 2009


    Hi Asterixx
    Cant do anything with the .ex4. Need the .mq4 code.


  3. #3


    RSI Trend Indicator: A technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset.

Tags for this Thread

add, bollinger, channel, color, ex4, indicator, mq4, rsi, time, trend

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