Crossing RSI
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Hello dreemaas
I tried to make two rsi indicator that crossing eachother. When it does its buy or sell. But I doesnt work.
this is my setting
For some reason its doesnt trade when its cross. Have i done something wrong?
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I don't like that way to look for crosses. I recommend you this:
https://fxdreema.com/shared/cuv2vV12c
Look at the candle ID on each operand.
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I like to addsomething else. Can i add two crossing rsi in pending order? or do i need but a extra box in it like condition. Adding a condition is like doing something double. But in the pending order there is only 1 indicator. I cant add x> on two rsi.
this is what i have
https://fxdreema.com/shared/sBlLlvHB -
@l-andorrà I like to enter with offset. I was wondering if could use another box instead of pending order
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The "crossing" option is designed mostly for the current bar, not for the previous closed ones. I don't think it will work that way you have it now, but it depends on your strategy. Let me ask you the following questions:
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Is the RSI changing its value DURING the current bar formation (candle ID 0)? Yes. Then looking for a crossing makes sense if you need an immediate response to that action on the market.
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Does RSI value changes con previous closed bars? No. Then that value is stable and unchanged
So when do you exactly need to know when the crossing happened?
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@l-andorrà First of all thank you for the time and effort to replying.
answer 1) I like to buy after its close. The crossover is for me a signal. So its Candle ID 1
Answer 2) its change. I need two rsi. One with 8 and 16.
when 8 > 16 its buy when its 16 > 8 its sell. Its also need to pending order. But I can t figure it out how to combine with pending order .
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Then in both cases I do recommend you to use the structure I shared a few posts above. You can easily identify the last crossing in both cases by comparing the situation on candle ID 1 and 2. That means you do not need to use the 'x<' symbol anymore.
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@l-andorrà I dont know what you mean with candle ID 2. The crossing give me a signnal to buy or sell and pending order give me a insurence. Could you pls explain.
I dont understand why i dont need X< whlie I need the crossing?
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@setsuna Hi, I believe it will never work, because an RSI indicator cannot cross another RSI indicator as they are indicators in separate windows
You should look for a custom indicator that overlaps two RSI values and load it into "my indicators" -
@ambrogio this is wrong, expert advisor opens up the indicator in the background and then reads the value, if you have 2 different periods it will open up 2 of them, get their values and then compare.
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@spuzy Oh sorry, you're right, thank you
https://fxdreema.com/shared/mKadXooPd -
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@ambrogio Why do you need draw arrow
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@setsuna It is not necessary, delete it
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@ambrogio thx
