Two Period RSI + alerts compares long-term and short-term RSI lines, and plots a fill between them for improved visualization. Fill is colored differently according to an uptrend (short period RSI above long period RSI) or a downtrend (short period RSI below long period RSI). Short-term RSI crossing long-term RSI adds a more robust trend confirmation signal than using single period RSI alone.

This is a tool to help visualize and confirm RSI trends. We hope you enjoy!

alerts

Email, message, and sound alerts can be turned on/off for the following events. Please note that email recipient and SMTP information should be specified in metaTrader 4/options before using email alerts.

• Short period RSI crossing long period RSI
• RSI is below user-selectable buy threshold (Default=30)
• RSI is above user-selectable sell threshold (Default=70)

Parameters

• Short period (Default=14): number of bars used to calculate short period RSI
• Long period (Default=50): number of bars used to calculate long period RSI
• Turn on/off all alerts: True = alerts are allowed, false = all alerts are paused
• alert when RSI short crosses RSI long: if true, alerts when RSI short crosses RSI long
• alert when RSI crosses buy threshold: if true, alert when short period RSI is below "alert buy threshold"
• alert buy threshold (Default=30): value for "buy" threshold alerts
• alert when RSI crosses sell threshold: if true, alert when short period RSI is above "alert sell threshold"
• alert sell threshold (Default=70): value for "sell" threshold alerts
• Turn on alerts message: message box alert
  
• Turn on alerts sound: sound alert
  
• Turn on alerts email: email alert