level lines red and clear as they are RSI extremes. Suite 11, Second Floor, Sound Vision House, Francis Rachel Str. DO NOT - Overtrade - Trade the news - Trade friday, dO - Add to position if it moves against you, and stay confident that you can close your positions with a small profit or at least at breakeven. If you change the chart time frame then you lose the RSI window completely even if you change the time frame within the indi parameters as well.
The indicator allows you to cycle through 10 different oscillators by clicking on the oscillator name - it should default to RSI on startup. Setup: Put exclusive mtf rsi on 1min chart and add levels 20/17/80/83 to it, remove levels 30/70/50. I tried opening an M15 chart and using the coloured RSI M15 indi but just get a normal RSI window with no colouring. Remember, do not be greedy, one or two reversal candles can be good for you. First put the indicator and open 1m chart, it'll show you the RSI levels on all timeframes for that pair.
Must the cross of the rsi 50level and the cross of the two emas occur simultaneously to get a valid trade? Forex Factory is for professional foreign-exchange traders. Its mission is to keep traders connected to the markets, and to each other, in ways that positively influence their trading results.