Thanks again. I will check it out.
Wackena

Maybe someone already checked this out but in the MT4 platform under indicators their already is a Stochastic Oscillator, which is very similiar to what is in the video, and it's adjustable check it out.

Try this one I found on another forum.

Attached Files

Stochastic RSI.mq4 (3.9 KB, 208 views)

false info .. edited

The Stochastic RSI indicators posted in this thread don't seem to give the same divergence signals as the VT Trader version.

Can someone please make this indicator for MQ? ...


{ Relative Strength Index}

rsi_r:= (CLOSE - ref(CLOSE,-1));
rsi_rs := Wilders(if(rsi_r>0,rsi_r,0),Periods) / Wilders(if(rsi_r<0,Abs(rsi_r),0),Periods);
RS:= 100-(100/(1+rsi_rs));

{Stochastic RSI Oscillator}

StRSI := Mov( ( ( ( RS - LLV( RS,PerK ) ) /
( HHV(RS,PerK) - LLV( RS,PerK) ) ) * 100 ) , Sl, E );


... That is the formula from VT Trader, don't know if it helps.

to amin sadak ... there is a way to download your video ?? it is copyright item ?? thanks

If you go to this link you will find that Igorad's RSIvar works great
for divergence signals.

Exponential RSI




Mart

Here's the direct link to the file that can be saved.

http://www.researchdig.com/div3rev/Div3Rev.swf