Support and resistance over RSI
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Hi, itīs my first post and I want to know if itīs posible draw supports and resistance over RSI indicator.
For example to apply indicator support and resistance of Barry over RSI. Thanks |
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I am not an EA developer so no suggestion on your query. I hope, other EA developers or experienced members will assist you.
Are you a EA developer?
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If you can manually/visually identify them then you simply use the 'Trendline' tool and draw support/resistance lines over RSI. If you are looking for an automated system then you'll have to tweak the RSI code a bit. I'm sure you can find development related answers over at MQL4
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The best way is to look at the RSI and plot trendlines yourself. I do it like this and it works fine. I do not know of any indicator that does this automatically. I think that even if there was, it would probably miss some good trend lines anyways.
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