Introduction
The RSI Divergence Indicator CCH is a tool for traders looking to take advantage of potential trading opportunities using the Relative Strength Index (RSI) Divergence. This trading robot is a subject of both critique and admiration, fetching a rating of 3.67 amidst mixed reviews. So, let's have a closer look and see what it's all about.Installation and Optimization
To install the RSI Divergence Indicator CCH, you first need to download it. Visit this site, click the 'Download' button and follow the instructions. Once downloaded, open your MT5 software, click on 'File' then 'Open Data Folder'. From there, navigate to the MQL5 folder, then into the indicators folder. Drop your downloaded .mq5 file here.Regarding its optimization, here's where some trick86's suggestion could come in handy. Adding pop up alerts could help you timely catch the divergence signals this tool provides. You can configure this in the parameters window of the robot.
Experience with the RSI Divergence Indicator CCH
Our experience with the RSI Divergence Indicator was a bit of a mixed bag. Sure, it has its moments of brilliance, as lcnbawsaq has pointed out. But, to put it as majidara does, it also has its 'very bad' days. Keep in mind, it's a tool, not a guarantee. It should be used to aid your trading, not dictate it.Tips for Improvement and Usage
Use the robot with caution. Make sure to adjust the settings according to your specific trading strategy and risk tolerance. If you're new to the game, I'd recommend testing it on a demo account first to familiarize yourself with its mechanism and performance.RSI Divergence Indicator CCH Source Code
Let's clear the air. We do not possess the original source code of the RSI Divergence Indicator CCH sold on MQL5. We can, however, provide a version of the code based on the description given on the MQL5 site. Remember, this is a code example from easytradingforum.com, and not the original product. Feel free to ask questions regarding this code. We're here to help.
Code:
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