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RSI TrendMT4

RSI TrendMT4 is a trend indicator based, as one can guess, on RSI.

As we know, oscillators have oversold and overbought areas. Indicators' lines do not stay for a long time in these areas in case of flat. But they spend quite a perceptible time there when the price follows the trend. The RSI indicator peculiarity is that it reaches oversold and overbought areas less often than Stochastic or CCI. It generates less signals (which are frequently false) about possible change in direction. This peculiarity of the RSI indicator was used when we were developing the RSI TrendMT4 indicator.

Settings:

rsi_period - RSI period.

Green histogram - up trend. Recommended to open buy trades.

Red histogram - down trend. Recommended to open sell trades.

Comentários 12
Valentin Butorin
3714
Valentin Butorin 2020.10.18 12:50 
 

Awesome indicator. It will come in handy

Roman_S
234
Roman_S 2019.10.07 23:33 
 

В начале отнёсся скептически к данному индикатору, но, изменив период и толщину линий, изменил своё отношение: Отличный индикатор. Большое спасибо!

rainwalker123
2697
rainwalker123 2017.03.18 21:42 
 

Very GOOD Indicator.

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100 USD
Fibonacci Expansion and Retracement Pro
Jianyuan Huang
Fibonacci Expansion and Retracement Tool is a tool for the MT4 and MT5 platform, which is for traders who use the Dinapoli levels trading method and the Golden Section。 The  main function of this tool: DEMO: https://www.mql5.com/zh/market/product/35884 1. Draw multiple sets of Fibonacci retracements directly, and the relationship between important return points is clear . 2. Draw Fibonacci extensions, Point A,B,C, COP,OP,XOP. 3. The line of Fibonacci expansion and retracement can be moved.
99 USD
AFX Stochastic Trendline
Arash Lakzadeh
The " AFX Stochastic TrendLine " draws all trendlines automatically, on the Stochastic indicator with special features. Fully Customizable Features AFX Stochastic TrendLine Indicator draws the following on the Stochastic indicator: Moving Average Bollinger Bands Trendlines Channels Linear Regression Channels Input Parameters ====== Stochastic Settings ====== %K of Stochastic %D of Stochastic Slowing of Stochastic PriceField of Stochastic Method of Stochastic Mode - select MAIN line or SIGNAL l
40 USD
Filtro:
Valentin Butorin
3714
Valentin Butorin 2020.10.18 12:50 
 

Awesome indicator. It will come in handy

Roman_S
234
Roman_S 2019.10.07 23:33 
 

В начале отнёсся скептически к данному индикатору, но, изменив период и толщину линий, изменил своё отношение: Отличный индикатор. Большое спасибо!

Gennadiy Voltornist
12008
Gennadiy Voltornist 2017.10.28 19:59 
 

Usuário não fez qualquer comentário quanto a classificação

rainwalker123
2697
rainwalker123 2017.03.18 21:42 
 

Very GOOD Indicator.

Maksym Mudrakov
23937
Maksym Mudrakov 2016.08.30 19:23 
 

Usuário não fez qualquer comentário quanto a classificação

Georgi Lyubenov
112
Georgi Lyubenov 2016.08.18 13:22 
 

Это удивительный продукт Вы талантливый человек!

Большое спасибо

vahid jannati
2080
vahid jannati 2016.03.03 20:46 
 

does not show signal and I think simple RSI is better than it.

NIKILMEN
144
NIKILMEN 2016.01.13 23:13 
 

Удивительный индикатор! Спасибо разработчику!

Rodrigo da Silva Boa
7196
Rodrigo da Silva Boa 2015.12.05 10:05 
 

Muito Obrigado.

tonschulzt
55
tonschulzt 2015.11.27 01:32 
 

Very useful, thx

Harikrishnabhai Patel
740
Harikrishnabhai Patel 2015.10.31 00:30 
 

Great indi with alerts for which i was waiting since long time...thanks

cvdestyfx
2175
cvdestyfx 2015.08.19 03:47 
 

This is very nice. It helps you to trade with the trend. I think the best way to use this is to wait for an opportunity to get into a trade on a retracement, and simply move in the direction of the trend as indicated by the color showing on the indicator. Keep in mind that it's best not to trade against the trend.

Responder ao comentário
Versão 1.20 2016.03.22
Added:
push_send: true - send push notifications; false - do not send push notifications
language: RU - messages in Russian ; EN - messages in English
Versão 1.10 2015.09.28
Added a message/sound when changing the indicator color (optional).

show_alert: true - show a message; false - do not show a message;

playsound: true - play a sound; false - do not play a sound;

A sound and a message can appear together or only a sound can be played.