RSI Simple Bot?

[buckman1974]

I am not sure if this has been discussed here before, as i usually use Digits with Volatility Indexes.

But Can i set a simple RSI in a bot say of Period 2? Overbought 80 Oversold 20, and trigger and take opposite trades when they reach these Overbought Oversold regions?

This maybe very simple, but as mentioned never really used Indicators in bots, as was used to differs, odd, even etc

[binary-ex-machina]

you can do like this

[buckman1974]

Thank you! @binary-ex-machina Done. :)

However, how do I add another part that introduces 2 x SMA's? say 36MA and 24MA and take a trade RISE when the RSI is under 20 and that the 24MA is above the 36MA and the opposite, so
take a trade FALL when the RSI is over 80 and that the 36MA is below the 24MA ?

This might filter my results better, but its getting rather complicated for me now!! haha

[binary-ex-machina]

@buckman1974 you can do like this below. You can use SMA or EMA

[buckman1974]

Wow, @binary-ex-machina can you send that section to me as a .XML as thats beyond my programming abilities! :(

[buckman1974]

@binary-ex-machina I can't even find the first block that says 'and' ? Where abouts is that located?

[binary-ex-machina]

@buckman1974 spend more time clicking on things in the bot page. It's all there.

[buckman1974]

@binary-ex-machina i've just spent 2 hours looking for the 'and' ??

[buckman1974]

Can you give me a clue @binary-ex-machina ? which section is it in?

[binary-ex-machina]

First thing you need to do is to look at the menu on the left and click on each item, reading every block you find

[buckman1974]

Yes I am doing that, but still cannot see a block with 'and' in it?

Surely, not to be rude, but if you had built the section to screenshot it, did you save it?

[binary-ex-machina]

Please, click on the first item from the menu

[buckman1974]

Right @binary-ex-machina
I have the blank space 'and' blank space? in LOGIC?

is it that???

Also cannot find the < greater than, and > less than????

[buckman1974]

So I have FINALLY done this, but I can't get the "else if" to show???
I have tried this and it doesn't take any trades?

Should I just paste this into a simple rise fall bot and it should work with the SMA's and the RSI?? @binary-ex-machina

[navneetsinh]

[navneetsinh]

So I have FINALLY done this, but I can't get the "else if" to show???
I have tried this and it doesn't take any trades?

Should I just paste this into a simple rise fall bot and it should work with the SMA's and the RSI??

your strategy is not working because of both conditions are working opposite sides,
if maybe by chance you'll get that confirmation, but i's chances very low.