RSIMA Breaking Through-kun's Signal Display Condition
Hello.
This is Satori, researching FX.
Today, I will guide you with chart images on the signal display conditions for MT4 RSIMA Oshinuke-kun.
MT4 RSIMA Oshinuke-kun is an indicator created to aim for pullbacks in the direction of the trend.
In a downtrend, it’s a breakout from a rebound from the retracement.
http://fxmt4indicator.abproducts.biz/wp/?page_id=9
The figure below shows an example of a buy signal on the USD/JPY 15-minute chart.
In the default settings, when the following conditions ①②③④ are met at the end of a bar, an upward filled arrow is displayed.
Blue TrendMA50 is rising. = ① (trend MA slope condition)
and
Red CrossMA20 is above the blue TrendMA50. = ② (two MA cross condition)
and
The close price is above the red CrossMA20. = ③ (candlestick close and CrossMA cross condition)
and
RSI is below or equal to 51 and then exceeds 55. = ④ (RSI condition)
Note: In the default, Real-Time mode is ON,
so when RSI meets the condition in real time,
an upward filled arrow is displayed in real time.
The figure below shows a sell signal example for USD/JPY on the 15-minute chart.

In the default settings, when the following conditions ①②③④ are met at the end of a bar, a downward filled arrow is displayed.
Blue TrendMA50 is falling. = ① (trend MA slope condition)
and
Red CrossMA20 is below the blue TrendMA50. = ② (two MA cross condition)
and
The close price is below the red CrossMA20. = ③ (candlestick close and CrossMA cross condition)
and
RSI is above or equal to 49 and then dips below 45. = ④ (RSI condition)
Note: In the default, Real-Time mode is ON,
so when RSI meets the condition in real time,
an downward filled arrow is displayed in real time.
RSIMA Oshinuke-kun can be configured with complex conditions, and by default will not generate signals unless all conditions are met, so occasional explanations like this are necessary.
Thank you very much for reading to the end today as well.
Please take care and stay well.
Please take care and stay well.
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