RSI Envelope colored Zone
- Indicators
- Version: 1.0
- Activations: 5
RSI Envelope Colored Zones is a professional RSI indicator for MetaTrader 5 with integrated envelope bands and colored extreme zones.
The indicator highlights overbought and oversold areas directly inside the RSI window for fast and clean market analysis.
Overbought zones above 70 are highlighted in red.
Oversold zones below 30 are highlighted in blue.
An optional envelope indicator can also be applied to the RSI to improve momentum and volatility analysis.
Features:
• Colored RSI extreme zones
• Integrated envelope bands
• Push notifications
• RSI zone change alerts
• Fully customizable settings
• Very low CPU usage
• Works on all markets and timeframes
Alerts:
• Entering overbought zone
• Entering oversold zone
• Leaving overbought zone
• Leaving oversold zone
Settings:
• RSI period
• Envelope period
• Envelope deviation
• Colors
• Alerts on/off
• Push notifications on/off
Suitable for:
• Forex
• Indices
• Gold
• Cryptocurrencies
• CFD trading
This indicator does not repaint.
