RSI Traffic Light

RSI Traffic Light Indicator tracks several RSI (Relativ Streng Index) Periods and informs you, if the trend is changing.

• Trend is you friend, one of the classical Trend following is the Relativ Streng Index (RSI).
• With RSI Traffic Light Indicator you will get information about trendchange.
• The RSI Traffic Light Indicator alerts you if the trend is changing for your pair.
• Different trendchange criterials and visualisation themes inclusive.
• Your can adjust the indicator Trendchange criterials by selecting one of these options
• Sensitive (earlier trendchange criterials -> more signals)
• Normal (normal trendchange criterials -> default setting)
• The current trend can visualized with traffic light on the Chart, you can swith it on or off and choose different sizes of the traffic light.
• The Indicator is working for every pair and timeframe

Setup & Support:

For further questions join our support group: https://www.mql5.com/en/messages/01F85845B013D901

Get informed about new Products, join our MQL Channel: https://www.mql5.com/en/channels/etradro

for Developers:

use IndicatorBuffer 0 for the Uptrend
use IndicatorBuffer 1 for the Downtrend