Reply To: Description of RSI Breakout from Overbought and Oversold Dashboard Analyzer

Forums Dashboards & Analyzers RSI Breakout from Overbought Oversold Dashboard Description of RSI Breakout from Overbought and Oversold Dashboard Analyzer Reply To: Description of RSI Breakout from Overbought and Oversold Dashboard Analyzer

#4685
Dominik
Administrator

@mehtabkk wrote:

Dominik :)

Thanks for allowing me to the forum. Your RSI dashboard is really marvelous. I am using it profitably. However, kindly add 15 days Daily range and and 13 weeks weekly range. I am using Access Panel indicator by Professor TAH on forexfactory which gives very good signals. I look for M5 reversal signals after H1 and H4 rsi are above 75-80 levels.

Kindly adopt that range indicator in your dashboard.

Thanks for everything :D

Hi!

Thanks :) I think that you mean RSI Dashboard which shows extremely values of RSI – when specified currency pair is in Overbought or Oversold Zone? This topic is about RSI BREAKOUT Dashboard FROM Oversold or Overbought Zone… nothing happened, but it’s a good opportunity to explain a little :) I know that both dashboards are very similar. The most important difference between them is that RSI EXTREMES Dashboard (I have even added “Extremes” to name for easier distinguish both) shows if value of RSI is in Oversold or Overbought Zone and RSI BREAKOUT Dashboard shows when value of RSI was in Oversold or Overbought Zone and after specified value of hysteresis returned to Neutral Zone.

For some time, I test all the signals (for different settings) which come from RSI BREAKOUT Dashboard and I put them directly to my twitter account, you can take a look: https://twitter.com/ForexSignals24h – it’s better signal than from RSI EXTREME in one important regard, we receive notification just after rebound of the value of RSI from extreme value. I don’t have much time to analyze all the signals on twitter account to exclude potentially bad entries and correct settings, but I will do it for sure :)

Regarding your request to add new options to the system – can you write that once again, but more specifically? What exactly do you propose to add and with which adjustable parameters? Please write in topic of RSI Extremes Dashboard here: https://theinvestbay.com/viewtopic.php?f=6&t=15

Regards!