Better RSI With Tester
- Indicators
- Mohammad Taher Halimi Tabrizi
- Version: 1.5
- Updated: 19 September 2025
- Activations: 5
Category: Trend Indicator
Platform: MetaTrader 5
Type: Entry Indicator
Timeframes: All
Trader Styles: Scalping, Day Trading, Swing Trading, Binary Options
Markets: All
Description
This indicator is an enhanced version of the Relative Strength Index (RSI) with additional features for visual clarity and cycle detection. It is designed to provide traders with a clearer view of momentum conditions and potential turning points.
Main features:
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Improved RSI Visualization – The indicator displays RSI values with color-coded zones for overbought and oversold conditions.
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Cycle Detection (Cycler) – Identifies possible market turning points using dynamic cycle-based filters.
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Chart Signals – Buy and Sell markers are displayed directly on the chart when conditions are met.
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Integrated Statistics Panel – A built-in panel provides information on the number of signals generated, wins, and win rate for reference.
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Customizable Parameters – Users can configure RSI periods, overbought/oversold levels, cycle values, take-profit and stop-loss levels, as well as the start time for the statistics panel.
Key advantages:
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Combines RSI readings with cycle detection for diversified signal conditions.
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Visual representation with colors and chart markers for easier interpretation.
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Provides statistical feedback on signal history directly within the platform.
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Can be applied to any instrument and any timeframe.
This tool is intended for traders who wish to analyze momentum conditions with an alternative approach to the standard RSI.

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