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StepRSI_v2 - Indicator for MetaTrader 4

StepRSI_v2
TypeIndicators PlatformMT4 Version10 Date created 6 May 2016 Date updated19 August 2017
Formatmq4 Size3.2Kb Downloads267 Rating
3.41 of 5
based on 32 rates

The indicator is a modified version of the classic RSI tool. It is included in the standard set of trend indicators for MetaTrader terminals.

StepRSI_v2 is represented as three color lines on the chart. The yellow line is the signal line. If it crosses the blue or pink line from the bottom up, this is a signal to buy; from top to bottom - for sale. You can also to enter the market when the price reaches oversold levels (below 20) or overbought (above 80).

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