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RobinHood replied May 25, 2022For those of you who are using TC2000, I have found a way (that to me) the RSO is more visually pleasing than the way I originally posted it (with 2 lines). The problem that I was having is that I could not always definitively tell when the magenta ...
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RobinHood replied May 25, 2022Thanks for posting your ideas. I think the RSO (Robinhood Oscillator) very closely mimics the combination of the RSI 14 and the Stoch 8,3,3, BUT I also think that the RSO Magenta Line is much smoother than the RSI 8. Take a look... image file
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RobinHood replied May 22, 2022Thanks for posting the indicator and the images.
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RobinHood replied May 19, 2022Thank you! It really makes very little difference. I chose to use the 50 SMA on the Forex and the 50 EMA on stocks. But I would be okay with using either one on every chart. It all just comes down to what I thought looked the best overall on the ...
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RobinHood replied May 19, 2022Here's the same area that I just talked about in Post #7950, but this is how you would have traded the 5 min. chart. image
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RobinHood replied May 19, 2022Honestly, I don't know. Possibly the difference comes from how much money we each have in our accounts OR the fact that you are are in a Portugal and I am in the U.S. where OANDA is headquartered? Maybe call/email OANDA and ask them why about each ...
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RobinHood replied May 19, 2022I will share what I am currently using BUT in order for your chart to look like mine, you will have to search this forum to get all 13 indicators that I currently use as it would take me more effort than I wish to spend for me to post them. You can ...
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RobinHood replied May 19, 2022I have been day trading the Forex some lately just for my own personal entertainment because the U.S. stock market is in such turmoil right now. Look at this choppy mess! Who could successfully day trade that?? Not me! image Study this Forex ...
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RobinHood replied May 18, 2022You Must Become the "House" I am positive that losing traders wonder why they lose waaaay more often than they win (at least I know I did). The reason is simple. It's the same reason why they lose at every casino table game and slots in a casino ...
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RobinHood replied May 18, 2022Thanks again for posting the indicator. As you know, it's very important to me to see which side of the 50 the RSI [14] is on. I figured out how to add the 50 line to it correctly. Here's how I did it should you want to do it too. image
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RobinHood replied May 18, 2022Thank you. You have created the brown line correctly but it does not match mine. I am using a 25 Simple Moving Average. Mine is on the top and yours is on the bottom. image
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RobinHood replied May 17, 2022You add a 25 Simple Moving Average to the RHO and it has to be scaled to the 6-10 MACD.
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RobinHood replied May 17, 2022Regarding the RHO, I very often use the yellow line crossing below the magenta line to exit a trade (on long trades, and vice-versa for short trades), but I wanted a way to exit sooner so I added a brown 25 sma to the RHO....BUT it needs to be ...
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RobinHood replied May 17, 2022Thanks for posting this. It's interesting. Everyone needs to be aware that the default setting on this indicator is RSI [8] and we use RSI [14]. I also changed the 30 & 70 overbought/oversold zones to 50, because that's the only way I use the RSI. ...
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RobinHood replied May 17, 2022I just compared MT4 and TradingView again and now they do seem to mostly match. I don't know what changed. Here my version: file UPDATE: I thought that when I posted it my way that the colors and type of lines I use would be permanent and make it ...
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RobinHood replied May 17, 2022Welcome! Thank you for your post and making the indicator. Yours perfectly matches the one posted by emequispips. But neither match the other trading platform called TradingView. But TradingView's charts match MT4's charts, so I don't know which one ...
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RobinHood replied May 17, 2022I really appreciate the effort, but they don't match each other on two different platforms and I changed all of the settings to be exactly like each other. The top box is Mt4 and the bottom box is TradingView. I am not sure which one is wrong, but ...
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RobinHood replied May 17, 2022[quote=btrfx1;14002977] That could work, but ideally, I would much prefer that they be combined together as one indicator.
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RobinHood replied May 17, 2022I would like to know if anyone here can fix this issue in MT4? image I combined 2 MACD's together into one window. The problem is, they don't scale together. Meaning, they are using 2 different "0" lines. I have color coded each one to be the same ...
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