RSI condition about Value

[fabiobioware]

Dear member FXdreema, i need help to create RSI condition based on values:
How can I create the following condition
I am looking to compare the RSI values of two different assets.
For example: EURUSD and USDCHF

1. It is necessary to check the RSI values of EURUSD and USDCHF in real time.
2. Whenever the values move in opposite directions, example: In the previous tick the RSUS of EURUSD was with value = 20 and RSI USDCHF was with value = 19, in the current tick the RSI of EURUSD changed to value = a 21 and RSI USDCHF changed to the value = 18.
   It is clearly understood that both went in opposite directions.
   So I wanted in fxdreema to create the condition where
   Check the RSI EURUSD and USDCHF values, if there is a change in values where the RSI value of both went upside down let me know.

[l'andorrà]

You need to create two variables for both values and then store them this way:

Then you can use as many condition blocks as required to filter your requirements.

[fabiobioware]

@l-andorrà said in RSI condition about Value:

Then you can use as many condition blocks as required to filter your requirements.

After I create the variables, how should I do the conditions, can you help me
I am not aware of variables

[fabiobioware]

@l-andorrà

Am I doing it right?

I meant the following in the watering:
When the value of the Eurusd variable crosses above or is greater than level 50, check whether the value of the USDCHF variable has done the opposite, crossed or is less than level 50.

The block of the variable has to be connected somewhere, if so, where is it how do I connect it?

[fabiobioware]

@fabiobioware @l-andorrà And bellow i includ symbols

[roar]

@fabiobioware I don't see why you would want to compare RSI between different instruments, especially on tick-by-tick basis...
Anyway, this is how I would do it:
https://fxdreema.com/shared/vELOLN2Xd

You dont have to store each value into a variable, only the difference is important.

[fabiobioware]

@roar you have in mq5 format ?

[fabiobioware]

@roar I will explain what I would like to do.

1. I would like to get information on how much some RSI value of one symbol influences the change in RSI value of another symbol.

Example:
If Eurusd's RSI is at level 50 and it rises to level 60 and USDCHF's RSI was at level 50 and drops to level 40, then I want to identify or place this as a condition that one symbol is influencing the other.

[roar]

@fabiobioware Here for mt5: https://fxdreema.com/shared/SkvHsECkb

The problem with this is, you can never know if its correlation or causation.
When the RSI moves different directions, 99.99% of the time its just random noise, maybe 0.000001% of time actual direct influence.

[fabiobioware]

@roar said in RSI condition about Value:

The problem with this is, you can never know if its correlation or causation.
When the RSI moves different directions, 99.99% of the time its just random noise, maybe 0.000001% of time actual direct influence.
could you help me to make these variables and conditions?

[l'andorrà]

@fabiobioware Don't you think the solution provided by roar can be more efficient?

[fabiobioware]

@l-andorrà yess, i will try this solution.

[fabiobioware]

Hello friends, remember the old post vhttp://fxdreema.com/forum/topic/8740/rsi-condition-about-value that I wanted to capture values, I managed, but now I want to know how to create the following condition.

If the current RSI value is lower than the previous
If the current RSI value is higher than the previous

How is the correct way to do this?
Does the RSI line move according to the price height on the chart? or is it according to each candle?

[fabiobioware]

@l-andorrà @roar

Hello friends, remember the old post http: //fxdreema.com/forum/topic/8740/rsi-condition-about-value that I wanted to capture values, I managed, but now I want to know how to create the following condition.

If the current RSI value is lower than the previous
If the current RSI value is higher than the previous

How is the correct way to do this?
Does the RSI line move according to the price height on the chart? or is it according to each candle?

[l'andorrà]

Please let us take a look at your project now. I'm sure that it'll be very different from the last time.

[fabiobioware]

@l-andorrà said in RSI condition about Value:

Please let us take a look at your project now. I'm sure that it'll be very different from the last time.

Do you have any hours available on skype?

[l'andorrà]

Yes, I am. I got you in my contact list IIRC.

[fabiobioware]

call me please, i texted you and i can't get an answer.

[fabiobioware]

@l-andorrà and @roar I will try to be more specific
I use this indicator --> 0_1588040091109_Correlation.mq5
My project --> https://fxdreema.com/shared/VEOJruyme

I created a variable to get the real time value of the indicator.

What I want to do is:

First identify

1. If the line shown on the indicator is pointing upwards, make a purchase.
2. If the line shown in the indicator is pointing to (low) make a sale.

What I thought about doing but I don't know what it is like to record the value of the line for each (previous tick) and record the value of the line for each (current tickt).
If I have the (previous tick) and (current tick) of the line I will know if it is tilted down or up by applying the formula.
If (current tick)> (previous tick) = upward sloping line.
If (current tick) <(previous tick) = downward sloping line.

Note that I am not getting values ​​for the candle id1 because all line movement happens at each tick and not at each candle.

I am very grateful if anyone can help by showing an example in a project about how I will obtain these values.
Follows the project that I was trying to obtain these values.

[l'andorrà]

I recommend you to use the 'Indicator rise/fall' blocks. That can be an easiest way to identify when the indicator is rising up or down.