1. Overview

In addition to the RSI indicator line, "Oversold Level Break Below" and "Overbought Level Break Above" marks are displayed in the sub-window. This is an example executed with the initial settings.

In this indicator,iK_Difference・iK_ZigZag・an example combining moving averages (20, 90, and 200) is shown.
Furthermore, the method to display iK_RSI and iK_Difference in the same sub-window is as follows.

First, apply iK_Difference to the chart.
Next, drag and drop iK_RSI from the navigator into the sub-window where iK_Difference is displayed.

Example of collaboration with the vertical line indicator at the reference timeiK_BaseTime Line. The example below also displaysiK_Banners, but this indicator does not include it.

2. Installation

You can install it by extracting the downloaded ZIP file and dragging and dropping it into the MT5 data folder. Please refer to the following video.

Indicator Installation [MT5 Version], Itoshima K, YouTube

The following files will be installed.

Main indicator file: [MT5 Data Folder]-[MQL5]-[Indicators] folder
　　iK_RSI.ex5

3. Settings

[Common] Tab

[Input] Tab

Set the oversold and overbought levels.

You can also change the break below and break above marks. Please specify the number in the table below.

(Management Parameters)

(D.01) Delete residual objects of iK series indicatorsAfter removing the iK series indicators from the chart, occasionally objects may remain without being deleted. This function deletes such objects. After executing the deletion, please revert the selection to "Do not delete."

[Color] Tab

Set the color and width of the RSI indicator line, as well as the color and size (width) of the break below and break above marks.

[Level] Tab

You can add level lines you want to display. The default settings are 30% and 70%.

[Scale] Tab

You can set the minimum and maximum values of the Y-axis. The default settings are minimum = 10%, maximum = 90%.

4. Notes

Expiration Date

This version has an expiration date set.
We will notify you of the version upgrade before the expiration date, so please download it to continue using it. The version upgrade is free.

Disclaimer

We are not responsible for any damages arising from the use of this indicator.
Additionally, the provision of this indicator may be discontinued without notice.

Prohibited Actions

It is prohibited to transfer (or lend) the files and usage rights of this indicator.
It is also prohibited to use the indicator that has been transferred (or lent).

5. Revision History

v1.08.08j, 2024/8/21
Updated the expiration date to 2025/12/31.
v1.08.07j, 2024/3/2
Made minor corrections.
v1.06.03j, 2023/7/22
Updated the expiration date to 2024/10/1.
v1.06.02j, 2022/9/27
Addressed the issue where the indicator graph does not return to normal when iK_BaseTime Line is removed from the chart.
Added the function to delete residual objects of iK series indicators.
Updated the expiration date to 2023/10/1.
v1.05.01j, 2022/4/19
Supported the new version of iK_BaseTime Line.
v1.04.09j, 2022/4/13
Updated the expiration date to 2022/10/31.
v1.04.08j, 2022/4/6
Made minor corrections.
v1.04.07j, 2022/3/6
Updated the expiration date to 2022/9/30.
v1.04.06j, 2022/1/16
Improved the processing method when adding flag icons and corresponding symbols.
v1.04.05j, 2021/12/30
Updated the expiration date to 2022/6/30.
v1.04.04j, 2021/9/3
Reviewed the processing method when the vertical line at the reference time (iK_BaseTime Line) moves, improving responsiveness.
v1.04.03j, 2021/8/24
Enhanced compatibility with iK_BaseTime Line (to be released soon).
v1.04.01j, 2021/8/16
Updated the expiration date to 2022/3/1.
Supported compatibility with iK_BaseTime Line (to be released soon).
v1.02.09j, 2021/8/5
Reviewed the processing method at the first startup.
Added "Y. Update Frequency" to the [Input] tab of the indicator properties.
v1.02.08j, 2021/7/29
Addressed a bug where the indicator line does not display from the middle of the chart to the latest candle.
v1.02.06j, 2021/7/26
Updated the expiration date to 2022/2/1.
v1.02.05j, 2021/7/22
Confirmed operation on several new MT5 accounts.
v1.02.04j, 2021/7/11
Confirmed operation on the Foreign Exchange Finest MT5 demo account.
v1.02.03j, 2021/6/18
Reviewed the calculation method.
Reviewed the processing when all markets are closed (such as weekends).
v1.01.01j, 2021/5/20
First version.

Introduction to the iK Series

[Settings]

Bulk change of chart properties
iK_Chart Properties
Common settings for the iK series
iK_Common Settings

[Control]

Convenient for reviewing past charts! Many compatible indicators included!
iK_BaseTime Line

[Indicators]

Currency strength showing recent momentum
iK_Currency Power
Moving average divergence
iK_Difference
RSI + display of break below and break above marks
iK_RSI
Displays the daily price movements of three markets with numbers and rectangular frames
iK_Volatility
Displays zigzag lines + extreme value marks + envelopes of extreme values
iK_ZigZag

[Multi-Time Frame]

Heavenly chart style
iK_G.Chart Similar
Overlay candlesticks from higher time frames on the chart
iK_MTF Candles
Displays horizontal lines for support and resistance levels and trend reversal marks!
iK_MTF Horizontal Lines
Stair-step multi-time frame moving averages + α
iK_MTF Moving Averages
Displays horizontal lines for support and resistance levels, extreme value marks for highs and lows, and trend reversal marks!
iK_MTF OshiModori
Displays the rise and fall status of candlesticks and multi-time frame moving averages
iK_MTF UpDown Info
Multi-time frame compatible zigzag
iK_MTF ZigZag

[Convenience]

Two banners (symbols, time frames, and date/time)
iK_Banners
Displays news such as economic indicators and important speeches, with filtering by country and importance
iK_Calendar
Conveniently select your favorite symbols and time frames! Also includes chart load/save functionality!
iK_Changer
Displays country flags according to the symbols! Changing symbols is easy with flag clicks!
iK_Flags
Displays the current time for three markets! Also shows remaining time until the new candle!
iK_Market Clock
Displays market opening hours as bars! Also includes labels for time and date and vertical lines!
iK_Market Clock Bar
Displays a gauge for a specified price range (height)! Also includes horizontal lines for round numbers!
iK_Pips Gauge

RSI＋下抜け・上抜けマークの表示： iK_RSI［MT5版］