Clever RSI

  • Indicators
  • Carlos Forero
    Carlos Forero

    Carlos Forero

    4 (23)
    I am a professional developer and trader with over a decade of experience in capital markets and the creation of algorithmic portfolios. I specialize in advanced automated systems and technical analysis tools for MetaTrader.
    ⚙️ Development Philosophy
    22 products 2 comments
  • Version: 1.33
  • Updated: 27 March 2025
  • Activations: 5
Description

Better version of RSI indicator which offer a complete visual trading strategy and realize an auto-optimization

Support: We create great tools for the entire trading community. Most of them are free.

If you believe in what we do Support Us Here.

 

KEY LINKS: How to Install – Frequent Questions - All Products 

How is this indicator useful?

  • NEVER repaints.
  • Detect best parameters of RSI indicator, based on profit factor during the specified period.
  • This indicator can be used as a visual strategy, following the recommendations of entry, stop, and targets.

Indicator features
  • It can be used as a complete trading strategy.
  • Complete trading statistics to evaluate the indicator performance.
  • It shows exact exit points.
  • It shows the real profit expectancy through its profit factor, risk/reward, and successful ratio indicators.
  • The indicator doesn´t repaint.
  • It works in all symbols.
  • Integrated alerts.
  • It can integrate with any robot or expert adviser.
  • The Indicator auto-optimize the parameters.
Note 1: This indicator should only be considered as a part of any trading strategy. You should complement this with other filters (e.g trend, volatility, time, etc). Note 2: This indicator is meant to serve as a guide to apply in your intraday trading. Overtime, this will help you understand the baseline for a solid and consistent trading strategy.  

Display Metrics

All the following metrics are calculated based on selected Money Management strategies and don´t consider account commissions, spreads, swaps, or any other transactional cost:

  • Number of Trades.
  • Win/Loss.
  • Points earned in closed winning operations
  • Points lost in closed losing operations
  • Net Points: Points earned minus points lost
  • Success Ratio: Percentage of winning operations
  • Profit Ratio: Points earned / Points lost
  • Reward/Risk: Average points earned / Average points lost
  • Optimization Parameters: Parameter which generate the biggest Profit Factor.

Support and questions:

Use our discord server if you have any question or need support.

About Author:

Carlos Forero, Member of Clever Trading Club, private organization with the purpose of design clever solutions to generate constant profits with adapted risk.


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Alright. This indicator works on MT4 and is very easy to use. When you receive a signal from it, you wait for that candle with the signal to close and you enter your trade at the beginning of the next new candle. A red arrow means sell and a green arrow means buy. All arrows comes with a long dotted like for easy identification of trade signal. Are you okay with that?   100% non repaint Work All Major currency  Pair,  1 minute time frame 1 minute expire
King Binary Magnet Indicator
Md Meraz Mahmud
Indicators
This indicator works on MT4 and is very easy to use. When you receive a signal from it, you wait for that candle with the signal to close and you enter your trade at the beginning of the next new candle . A red arrow means sell and a green arrow means buy. All arrows comes with Alert  like for easy identification of trade signal. Are you okay with that? 1 minute candle 1 minute expire
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Daria Rezueva
4.74 (46)
Indicators
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Elmira Memish
Indicators
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John Winsome Munar
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John Winsome Munar 2022.06.17 23:59 

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