KT Parabolic RSI MT5

KT Parabolic RSI overlays Parabolic SAR directly on the RSI line to highlight likely market turning points. Classic RSI overbought and oversold readings already hint at reversals, and the added PSAR filter removes much of the noise and sharpens those signals, giving you clearer trade setups.

• Big Square Signals: A Parabolic SAR flip on an RSI that sits in overbought or oversold territory. These mark high-probability market turns.
• Small Square Signals: A SAR flip inside the neutral RSI band. Treat them as lighter cues, useful for taking partial profits or riding the prevailing trend.

Every square is confirmed when its candle closes and stays where it was drawn, so the squares you see in history are the squares you would have seen live.

Features

• Places RSI momentum and Parabolic SAR trend flips in a single window, so you no longer juggle two separate indicators.
• The same squares that appear in the RSI window are mirrored on the main price chart, so you catch setups without looking away from price action.
• Pop-up, sound, email and push alerts, sent once for each square when its candle closes, and naming the square size, the direction, the symbol and the timeframe.
• Run two copies with different RSI periods on one chart, for example RSI 14 for the main turns and RSI 7 for timing, each with its own squares, colours and alerts.
• Set your own RSI period, Parabolic SAR step and maximum, and overbought and oversold thresholds. The 30, 50 and 70 lines can be changed in the Levels tab.

How to Use

Take a big square as a reversal signal, and give it more weight when price is near support or resistance or prints a strong candle in the same direction. Treat a small square as a minor shift: tighten your stop loss, scale in, or take partial profits.

Recommendations

Forex pairs, gold, indices and crypto. On the 1 hour chart of a major pair, expect about two to three big squares a week; on the 4 hour chart, about three a month for swing trading.

Input Parameters

• RSI Period: the number of candles the RSI is calculated on.
• Overbought Level and Oversold Level: the thresholds that decide a big square.
• PSAR: shows or hides the Parabolic SAR dots.
• Start, Increment and Maximum: the Parabolic SAR acceleration.
• Bullish Color and Bearish Color: the colours of the squares and dots.
• Draw Signals on Chart: copies the squares onto the price chart.
• PopUp Alert, Push Notifications, Sound Alert, Sound File and Email Alert: the alert channels.

KT Parabolic RSI puts trend and momentum on the same line and turns each key moment into a square, confirmed when the candle closes. Drop it on your chart, check the square's direction against price action, and trade with less guesswork.