Originally Posted by hidethereal

I have been backtesting a system that has given some very nice results. It is very simple and an indicator could be made to apply signals directly to the chart.

I would appreciate if someone could make this, it is very simple and wouldn't take much time.

Here are the rules...


You need to overlay a 6 period RSX and a 13 period RSX.

When the 13 and 6 RSX are above 70 and the six crosses down through the 13 then it generates a sell signal.

When the 13 and 6 RSX are below 30 and the 6 crosses up through the 13 it generates a buy signal.

I would like the signals to be applied to the chart and not in a seperate indicator.

Also, would it be possible to have an input that allows the user to add a pip confirmation amount and be able to adjust that amount?


I have had much success with this system and having it as a signal would benefit us all.