This is the closest thing to the Holy Grail! Forward tested it on 2H chart for one month (June 20 - July 20 on EUR/USD - with my own settings). Buy when the RSI is crossing up the 50 line and reverse the trade at each crossing of the 50 line. And thanks Chris for all these published indicators and specially this one.
Bogayi
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@pmasse, Hi there, can you elaborate a bit more on how you use this indicator? Settings etc? Many thanks.
AmrAlkhatib
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@pmasse, u should buy at 30 and down and sell at 70 or above
libernovaq
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@AmrAlkhatib, this doesn't work that way...selling price can be way down then buying price if the trend continues below 50
venneapril
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Having difficulty figuring out how to set alerts with this indicator, is there a resource available on this? Thanks for the great indicator.
dpanday
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@venneapril, Did you managed to get the alerts working?
SAEEDSSL90
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@venneapril, on alert menu choose cmi-rsi,then choose rsi and condition:crossing ..then use again choose cmi-rsi and finally choose midlline/upperline/lowerline..it works!!
ProfessorJedi
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@SAEEDSSL90, is there a way to get an alert when the BUY or SELL signal triggers? Can't seem to figure it out.
cubicleking
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@ProfessorJedi, Just monitor it after the alert signals like saeedssl90 mentioned, the buy/sell will trigger with your alerted timeframe.
scottmnyk
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Hello, I greatly appreciate that these unique indicators are available on Tradingview! One question, is there any manner in which the indicator repaints after the signal bar(buy or sell alert bar) closes? Thanks