RSI Experiment Extended MT5

RSI Experiment Extended Pro

RSI Experiment Extended Pro is an adaptive RSI indicator for MT4 and MT5 that combines a smoothed RSI oscillator with self-adjusting overbought and oversold levels, non-repaint buy and sell signals, multi-timeframe analysis, on-screen alerts, and an information dashboard. This RSI indicator works on any symbol and any timeframe, including forex, indices, metals, stocks, and crypto, and is built for both intraday and swing trading.

The problem this RSI indicator solves

The classic RSI oscillator uses fixed overbought and oversold levels at 70 and 30. Markets, however, change their volatility and their trading range all the time. In a strong trend the standard RSI stays "overbought" or "oversold" for a long time and produces early or false reversal signals, while in a quiet range it barely reaches the fixed levels at all. Many traders also struggle with three practical issues: an RSI line that is too noisy to read, signals that repaint and disappear after the bar closes, and having to watch several timeframes and charts at the same time without missing a level break.

RSI Experiment Extended Pro was designed to address these points. Instead of fixed 70/30 lines, it calculates floating overbought and oversold levels that adapt to the recent RSI range, so the same settings stay usable when the market moves from a range into a trend and back.

What this RSI indicator does

The indicator draws a smoothed RSI line that changes color with the momentum state, an adaptive channel between the floating up level, middle level, and down level, and a filled zone that highlights when RSI pushes beyond its adaptive band. When the RSI breaks the floating up level the state turns bullish, and when it breaks the floating down level the state turns bearish.

Key features

• Adaptive floating overbought and oversold levels that recalculate from the recent RSI range.
• Smoothed, color-coded RSI line with an adaptive band and filled excess zone for clear reading.
• Non-repaint mode: signals are confirmed on the closed bar and do not move afterwards.
• Buy and sell signals shown as sub-window dots, with optional arrows on the main chart.
• Multi-timeframe (MTF) mode: display the RSI and its signals from a higher timeframe on the current chart.
• Multi-timeframe dashboard table that shows the RSI value and the bullish or bearish state for up to six timeframes at once.
• Alerts through pop-up, push notification to mobile, email, and sound, so you do not have to watch the screen.
• Flexible RSI engine: selectable RSI period, price type including Heiken Ashi, RSI averaging method, and price smoothing method.
• Full visual customization: colors, line width, glow, levels, and dashboard font.
• Works on MT4 and MT5, on all symbols and all timeframes.

How to use

Attach RSI Experiment Extended Pro to any chart. The indicator opens in a separate window below the price chart and shows the smoothed RSI line, the adaptive up, middle, and down levels, and the dashboard.

Read the momentum state from the color of the RSI line and from the dashboard. A bullish state appears when RSI breaks above the floating up level; a bearish state appears when RSI breaks below the floating down level. A buy signal is marked when the state turns bullish, and a sell signal is marked when the state turns bearish.

Use the multi-timeframe dashboard to check alignment. Many traders take a signal only when the current timeframe agrees with one or more higher timeframes shown in the table, and use the middle level as a reference for momentum strength.

Enable the alerts you need so the indicator notifies you when a new signal is confirmed on the closed bar. Keep the non-repaint option enabled if you want signals that stay fixed after the bar closes.

Main input parameters

• RSI period, Price, RSI averaging method, Price smoothing period and method.
• Floating levels look-back, Floating up level percent, Floating down level percent.
• Indicator timeframe for MTF mode.
• Non-repaint, Show arrows, arrow codes, size, and colors.
• Alerts: pop-up, push, email, sound and sound file.
• Dashboard: show dashboard, position, font, and the six MTF table timeframes.
• Appearance: up and down colors, level colors, line width, and glow width.

Notes

RSI Experiment Extended Pro is an analytical indicator. It shows momentum, adaptive levels, and signals to support your own trading decisions and does not open, modify, or close orders. It can be combined with your existing strategy, price action, support and resistance, or trend tools for confirmation.

For questions, setup help, or feature requests, please use the product comments section or the mql5.com messaging system.

Summary

RSI Experiment Extended Pro is an adaptive, non-repaint RSI indicator for MT4 and MT5 with floating overbought and oversold levels, buy and sell signals, multi-timeframe analysis, a multi-timeframe dashboard, and pop-up, push, email, and sound alerts. If you are looking for an RSI indicator that adapts to changing market conditions and keeps its signals fixed after the bar closes, RSI Experiment Extended Pro is made for that purpose.