Never miss another Relative Strength Index (RSI) overbought or oversold signal again.
This custom indicator for MetaTrader® 5 will send an alert whenever RSI becomes overbought or oversold.
It will send the alerts to your PC screen, MT5® mobile app, email and/or mobile phone text message (depending on carrier).
Use one or more alert options at the same time.
RSI Simple Alerts on the chart.
These are the settings on the Inputs tab in the indicator, and what they do.
Settings on the Inputs tab in the RSI Alerts indicator
Period: The number of candles that are used to calculate the current RSI value.
OverBought Level: The RSI value that is considered overbought.
OverSold Level: The RSI value that is considered oversold.
Main Color: The color of the RSI line when not overbought or oversold.
OverSold Color: The color of the RSI line when it is oversold.
OverBought Color: The color of the RSI line when it is overbought.
alertType both: Send an alert when RSI both exits and enters the overbought or oversold conditions.
alertType Cross Into OB/OS Rng: Only send an alert when RSI crosses into the overbought or oversold ranges.
alertType Cross Out OB/OS Rng: Only send an alert when RSI crossed out of the overbought or oversold ranges.
DoAlert: Send a sound/popup on the screen (true or false).
DoNotification: Send a mobile app push notification (true or false).
DoEmail: Send an email alert (true or false). Can be used to send a text message if your mobile provider allows email to text functionality.
A computer capable of running MetaTrader® 5 desktop version;
Your computer must be turned on during trading hours and MT5® must be running in order to get alerts. If you cannot do this at your home or office, consider subscribing to a VPS service;
MetaTrader® 5 installed on your desktop or laptop computer;
The indicator must be installed and configured on the chart that you want to alerts on. Create a template to easily add the indicator to all charts.
Does my computer have to be running to get alerts? Yes, your computer must be turned on and MT5® must be running. In addition, this indicator must be added to the chart that you want to monitor.
Can this indicator be added to the MT5® mobile app? No, the mobile app does not allow custom indicators. The best way to get an alert on a mobile device is to have this indicator send alerts to the mobile app.
What's your refund policy? All sales are final, since downloadable products cannot be returned. Please be sure that you're using MetaTrader® 5 before buying. If you're having issues with your indicator, please contact 4XDev Support and we will be happy to help you.
Are all RSI signals potential trading opportunities? No. This indicator assists with trading strategies that use the RSI as a potential trading signal. RSI alone is NOT a trading strategy. You need to have a proven RSI strategy before using this indicator.
Will this work with my broker? This indicator will work with any broker that uses the MetaTrader® 5 platform.
Should I use a demo account? Yes, it's highly recommended that you use this indicator in a demo account before you trade live. Then you'll get a feel for how it works.
Can this indicator be used on more than one computer? Yes, you are allowed to use the indicator on any computer you own.
Does this indicator track all timeframes and currency pairs? No, it will only track currency pairs and chart timeframes on charts that are open and on which the indicator is attached and correctly configured.
Does this indicator place trades? No it does not. Therefore, you are 100% responsible for placing your trades, and your gains/losses.
If you are interested in a custom indicator, you can order it here. A ready-made form will help you not to forget important aspects of your technical specification.
You are free in your final choice and let it be the right one. Everyone profits!
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Therefore, the indicators, Expert Advisors, or other Intellectual Property Objects we develop for you will not appear on open access and will not be transmitted to third parties.
The Company provides the Client with a guarantee of the work quality for a period of 14 (fourteen) days from the creation and sending a ready-to-use tool to the Client.