MCDx - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Suitable for those familiar with the MCDx Smart Currency Indicator. We are sorry to inform you.
There are no bankers. There is no smart money. There are no retailers. Just RSI.
1. Get_period from RSI value
RSI ( void , 0 , period, PRICE_CLOSE , position)2. The RSI value in (1) will be minus_according to
( RSI ( void , 0 , period, PRICE_CLOSE , pos)-base)3. Any value in (2) will be multiplied by _sensitivity
sensitivity*( rsi ( void , 0 , epoch, PRICE_CLOSE , pos)-base)
4. Finally limit the value in (3) to be between 0 - 20. So if value(3) > 20, limit it to 20; if value(3) < 0, set it to 0.
if (RSI > 20 ) { rsi = 20 ; } if (RSI < 0 ) { rsi = 0 ; }
Attachment download
📎 mcdx_100.mq4 (2 KB)
Source: MQL5 #35096
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