RSI vs Envelopes Graph

Semaphore indicator is based on a standard display RSI, which is superimposed on Envelopes indicator which shows an envelope or boundary indicator fluctuations. This version of the indicator RSI vs Envelopes which is drawn only the symbol window.

Sell ​​signal occurs when the upper envelope / boundary breaks RSI indicator downward.

A buy signal occurs when the lower envelope / boundary breaks indicator RSI upwards.

The indicator has the ability to draw arrows on the display, draw vertical lines to keep track of where the entrance is on the chart, the beep when the input appears, send push notification to your mobile.

If you need only crossing signals RSI indicator of the standard signal levels - use the RSI indicator Alerts.

settings

• RSI Period - standard period RSI.


• Envelopes Period - period Envelopes.


• Alert on screen - enable sound notifications.


• Send Push - enable notifications on your phone.


• Envelopes Method - method of constructing Envelopes.


• Applied price - build indicator at what prices.


• Envelopes deviation% - deviation in% (envelope width).


• Shift 0-curren bar, 1-first bar - shift signal if = 0 - then the signal will be searched at zero spark, if = 1 - then the signal will be searched on the already-formed candle, and will send a signal to the opening of a new candle. A more reliable method is the second (= 1).


• Draw Lines - include drawing lines.


• RSI color - the color of the indicator RSI.


• Envelopes color - color drawing Envelopes envelope.


• Buy arrow color - color of the arrows on the purchase.


• Sell ​​arrow color - color of the arrows on the sale.

recommendations

Attention to the default settings - set to the eye, such options would recommend this as a twist RSI Period, Envelopes Period, Envelopes deviation%.

If you set "Shift 0-curren bar, 1-first bar"= 0, it is likely that the signal will not be confirmed and will be redrawn, so this value is recommended = 1.

Sometimes it is convenient to look at once the two indicators RSI vs Envelopes and RSI vs Envelopes Graph on the same graph.