Supreme Institution RSI
- Indicators
- Agustinus Biotamalo Lumbantoruan
- Version: 1.1
- Updated: 5 August 2023
- Activations: 20
Supreme Institution RSI helps traders to spot the trend with RSI.
The RSI will change color accordingly and it can be set from the input.
This indicator could aids your decision making before pulling the trigger.
Just see the color and use it to aid your decision making.
Any period works, any timeframe works, any instrument works.
You could add 2 of them to your chart, one with period 3 (Fast) and another with period 16 (Slow).
The default period is 3.
If asked for recommendation, I'd recommend to use period any of these 3, 5,7,9,14,16, 20. Actually any number is fine!
You may backtest this indicator with the MT5 and see its wonder and apply your trading skill (especially in market structure).
Prepare to be amazed!