Introduction to the principle of structure
  1. Using Intermarket data, namely, the index difference contract market provided by TVC.
  2. Use the cycle RSI function of 14 to quantify the indexes of the 8 major currencies to bring the same reference system.
  3. Buy/sell signals in the forex market will be generated by intersections of RSI (DXY, 14) lines with RSI lines (14) of the remaining indices.
  4. Stoploss before Takeprofit: If Buy, the stop loss is the lowest price in the 14-candle period according to the chart provided by the broker (there is an option to use specific broker quotes), if Sell, the stop loss is the highest price in a 14-day Japanese candlestick cycle according to the chart provided by the broker. My current Takeprofit design is 1R.
  5. The target of the signal is converted into relative pips at the market price at the time of signaling.
  6. In MT5, using QQE quantitative indicator (quantitative based on RSI function for synchronization) to exit early in case the price has not hit sl / tp, but QQE issues a reversal warning (fast and slow lines intersect each other), QQE already on traderviet both MT4 / MT5 versions if you like, find it yourself.
  7. In addition to QQE to close an order early, when the Script signals a new position opposite the open one, you should close the old order and consider whether the target of the new order can enter.
Interface

  1. Select a broker to provide quotes
  2. Text size: choose the text size in the tab
  3. Tab Y Offset: y coordinates of the tabs
  4. Tab ... Offset: x coordinate of each tab
Note: The introductory version does not have an RSI cycle option to quantify indicators, default is 14, you can fix it yourself in the code. The demo version does not have a Tp level option, the default is 1R, you can manually correct the Tp level in the code

Illustrated usage