Colored RSI with Moving Average

1

This is Colored RSI Scalper Free MT5 -is a professional indicator based on the popular Relative Strength Index (RSI) indicator with Moving Average and you can use it in Forex, Crypto, Traditional, Indices, Commodities. Colors are made to make trend, and changing trend more easily. Back test it, and find what works best for you. This product is an oscillator with dynamic overbought and oversold levels, while in the standard RSI, these levels are static and do not change.
This allows Colored RSI Scalper to adapt to the ever-changing market.

This indicator best works with some strategy, Moving Average (or EMA), and Levels. When Change of color appears, you can then use your strategy to combine, buy or sell on that moving average, or a level. 
For example, if we found support and RSI colored changed to green, find suitable level to buy, or some moving average, do not trade just blindly, you already have to have some strategy, this is not indicator that is just telling you buy or sell. If we are hitting resistance, and you see that RSI changed color to red, find suitable level to sell, and stop loss is a must for best results. 


Why Chose Colored RSI Scalper

  • The indicator is suitable for scalping and intraday trading.
  • It is possible to evaluate the effectiveness of the indicator on history.
  • The indicator does not redraw (recalculate), signals are generated strictly on the "Close of the bar".
  • It can be used as a standalone tool or together with other indicators.
  • Ability to customize the color scheme of the indicator.
  • Optimum operation algorithm, therefore the terminal does not "freeze"
  • Easy to read
  • Second verification of trend or changing trend



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Expert Market Edge is scalping, trending, reversal indicator, with alerts . You can use it all and fit with your strategy whatever it fits you. My recommendation is to combine with my Colored RSI , and when 2 signals are matched, and pointing same direction (for example buy on this indicator, and green on RSI, you can take a long position, stop loss should be last local low, if you want to be more conservative, add ATR. ) you can take position. If you using moving averages, that's even better i
Simple Calendar Events is an indicator that will mark important Important Economy Events on your chart. For example, if you are trading something that is USD based, you would like to know when some important events are coming, you can expect some volatility or some different Price action, so you can base your strategy on it.  If you trade something that is country based you can also choose that, and it will show you when the event is, so you can be prepared for it. When you hover with the mouse
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Institutional Levels is an intelligent, fully automated Expert Advisor. This algo is arranged in such a way that the EA uses levels of importance combined with price action, without reliance on indicators. The strategy behind it is based on the teachings of a professional traders, and ex traders. It will find untested levels at which institutions are known to be interested in, in the number of candles you’ve set and will make trades based on these levels, re-test and trend. It will automaticall
Trend Trader is an intelligent, fully automated EA. It's combining Institutional Levels (for stop loss and profit targets), and 3 indicators for buy and sell signal at same time. When 3 indicators agree with each other for trend, or changing trend, EA will open position, stop loss will be set on last low, or high, depending on direction, and targets profit are made on levels (on default settings, you can change it). Indicators its using are Expert Market Edge (custom made indicator  https://www.
RSI Scalper Multi Profit Targets is a Fully automated EA. It uses the RSI indicator for the entries. You can do counter trend scalp (for example sell on 72, and buy on 25) - default (trend buy-sell - false) settings or it can do the same direction trade  (trend buy-sell - true).  You can find the best profit targets on backtesting and optimization because it works almost on all pairs on some TF (Time Frame). I personally use it on 5 min, EURUSD, GBPUSD, NAS100, SP500. on 15 min I use on USDCAD.
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Tradeg4
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Tradeg4 2025.06.09 20:10 
 

fiz o pagamento mais nao recebi o produtor

Fortunate
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Fortunate 2020.02.07 09:54 
 

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Dunstan Wafula Namusonge
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Dunstan Wafula Namusonge 2020.02.05 10:01 
 

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