Download RSI Dashboard wStrength

Discussion in 'Trading systems and strategies' started by kat22, 8 October 2022.

  1. kat22

    kat22 Member

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    Hi,

    I would like to share my RSI Dashboard I hope it will be of help to someone, you can get an overview of RSI Level for multiple pairs for 2 selected timeframes. With 2 output options 1.Strength or 2.RSILevel when both TFs agree on RSI Level 50> />50.
    Strong: No. of Signals | Total Signals - example 3|4 the less the spread the stronger the Currency.
    Weak: No. of Signals | Total Signals - example 1|4 the more the spread the weaker the Currency.

    Scalping try TF1|TF2: M1|M5 / M5/M30

    RSILevel: when both TFs agree.
    DONT trade in a vacuum and hope its useful..
    4.png 1.png 5.png 6.png
     

    Attached Files:

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  2. kat22

    kat22 Member

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    Today / Monday before the London session..
    1.png 2.png 3.png 4.png 5.png
     
  3. Captain Jack Sparrow

    Captain Jack Sparrow Active Member

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    does it give alerts brother...??

    what rr ratio are u taking
     
  4. kat22

    kat22 Member

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    @Captain Jack Sparrow Hi.. please download this updated file with alerts etc.. the ration I will try to explain in the screenshot attached let me know if it helps?
    6.png
     

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  5. Captain Jack Sparrow

    Captain Jack Sparrow Active Member

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    yaa brother ..it is giving alerts
    1.what is best setting for lower tf and higher tf
    2. how to use this indicator...can we enter directly when we get alert..?
    3. what risk reward ratio does we need to follow
     
  6. SamKent

    SamKent Active Member

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    Can you also the template n indicator for the system you use to trade this dashboard
     
  7. Captain Jack Sparrow

    Captain Jack Sparrow Active Member

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    about this...guide me
     
  8. kat22

    kat22 Member

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    1.what is best setting for lower tf and higher tf

    // I play with M5|H1 / M15|H4
    scalping M5|M30(or M15)

    2. how to use this indicator...can we enter directly when we get alert..?

    //No never enter naked... always analyze for example I like when
    M15 RSI value is above 40 for sell signal
    M15 RSI value is below 60 for buy signal
    and check SnR.

    3. what risk reward ratio does we need to follow

    //Please see your own comfort level -I don't know try 5%/3%... but generally the lower the better for your account.

    // I Look for trades before London Session - Before US session also.

    //This indicator I make for myself so I understand it hope you will to play around and see.
     
  9. kat22

    kat22 Member

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    Sure.. here is the SnR I use...
    Active for me is - H1 / H4 / D1 / W1

    Wish you guys many green pips!
     

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  10. Captain Jack Sparrow

    Captain Jack Sparrow Active Member

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    thanks brother...let me analyse market
     
  11. Captain Jack Sparrow

    Captain Jack Sparrow Active Member

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    @kat22....
    example I like when
    M15 RSI value is above 40 for sell signal
    M15 RSI value is below 60 for buy signal.


    I think above 60 buy and below 40 sell...is it ??
     
  12. kat22

    kat22 Member

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    M15 RSI value is above 40 for sell signal
    M15 RSI value is below 60 for buy signal.

    // NO please - I have attached an example my EURJPY today I took a buy...
    M15 RSI was below 60... see image
    7.png
     
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  13. Captain Jack Sparrow

    Captain Jack Sparrow Active Member

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  14. kat22

    kat22 Member

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  15. Captain Jack Sparrow

    Captain Jack Sparrow Active Member

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  16. SamKent

    SamKent Active Member

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    The system is actually profitable hey nice work
     
  17. kat22

    kat22 Member

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    Thank you... trying to learn to be religious don't chase better not to trade if you don't see your setup..
     
  18. kat22

    kat22 Member

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    Thank you... wish you many green pips... will be making an update to the indicator..
     
  19. Guilherme Cristiano Silva

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    friend can't send us the complete template with the indicators I found your setup amazing, the panel below is very practical .... I also work with RSI.
     
  20. SamKent

    SamKent Active Member

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    Yes do send everything