Ultra Advanced RSI
- Indicators
-
Marcel De Oliveira Farias
NexQuantumX builds multi-strategy portfolio robots for MetaTrader 5 and MetaTrader 4. Each robot combines independent, rule-based strategies on gold and stock indices inside one Expert Advisor, attached to one chart only. Stop loss on every trade, no grid, no martingale. Every product page shows its - Version: 1.0
- Activations: 10
Ultra Advanced RSI is an RSI-based indicator for MetaTrader 4. It shows divergence or convergence between the last two peaks, which helps the trader compare momentum with price.
Main features
- Based on the Relative Strength Index
- Shows divergence or convergence between the last two peaks
- Helps compare momentum with the latest price moves
- Easy to use
- A demo version is available for testing
Recommended settings
Time-frames: M30, H1, H4, D1
Pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, EUR/JPY
How to use
Use divergences and convergences as part of your own momentum analysis, and decide with your own risk management.
Trading involves risk. Past performance does not guarantee future results.
Questions and suggestions are welcome in the Comments section.
