the cronex t rs i gf indicator

the cronex t rs i gf indicator
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the cronex t rs i gf indicator

Info

The the cronex t rs i gf indicator is a Indicator for MetaTrader 4 that modification of the rsi indicatorchanges:changed the number of dimensions (specifically to simplify use in experts) the line of the main indicator is composed of 4 with period shifts added a line of smoothing based on t3 (i do not remember whose algorithm it is) the signals are moved to separate buffers placed bb on t3 to improve the clarity of changes do not use it as a standalone trading tool, it is designed for confirmation of trend indicators. if it helps anyone to make profit, donations are welcome :-).

Usage

This tool is typically used for enhancing chart analysis and decision making.

Platform

This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.


How to Install and Use the cronex t rs i gf indicator

1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.

2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.

3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.

4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.

Frequently Asked Questions

Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."

Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).

Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.

What this tool does

modification of the rsi indicatorchanges:changed the number of dimensions (specifically to simplify use in experts) the line of the main indicator is composed of 4 with period shifts added a line of smoothing based on t3 (i do not remember whose algorithm it is) the signals are moved to separate buffers placed bb on t3 to improve the clarity of changes do not use it as a standalone trading tool, it is designed for confirmation of trend indicators.

Typical Use Case

This Indicator excels in automated trading and technical analysis on MetaTrader 4.

Compatible Platform & Setup

This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.

Description & Settings

Related: External Range Liquidity (ERL) Indicator: Advanced Market Structure and Liquidity Analysis - another powerful indicator for MetaTrader 4 traders.


Also recommended: B Bands Psar Indicator - similar indicator with strong performance on MetaTrader 4.

modification of the rsi indicator
changes:

changed the number of dimensions (specifically to simplify use in experts)

the line of the main indicator is composed of 4 with period shifts

added a line of smoothing based on t3 (i do not remember whose algorithm it is)

the signals are moved to separate buffers

placed bb on t3 to improve the clarity of changes
do not use it as a standalone trading tool, it is designed for confirmation of trend indicators.
if it helps anyone to make profit, donations are welcome :-)

You may also like: Fast Stochastic Indicator - excellent alternative for indicator users on MetaTrader 4.

Source Code

#property copyright "robotfx"
#property link "https://robotfx.org"
#property  indicator_separate_window
#property indicator_buffers 8
#property indicator_color1 darkorange
#property indicator_color2 steelblue
#property indicator_color3 blue
#property indicator_color4 black
#property indicator_color5 black
#property indicator_color6 blue

.......

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Limitations & Risk Warning

  • This tool is provided for educational and testing purposes only.
  • Past performance does not guarantee future results.
  • Trading involves substantial risk of loss. Use on a demo account first.
  • Results may vary depending on market conditions, broker, and settings.
  • We recommend thorough backtesting and forward testing before using with real funds.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.