https://www.theforexarmy.com/rsi-trading-strategy/

175 MB

1 INDICATOR EX4 / 1 VIDEO

The MT4 True RSI Indicator is a project I created after I got sick of manually scanning for hidden areas of overbought and oversold areas. It is constantly being improved through useful feedback from the community. From this feedback, we’ve already started building the True Stochastic Indicator.

VERSION HISTORY

V2 | August 2020

Added in function to scan for multiple RSI periods (instead of just 1 period)
Added in separate function to scan for overbought and oversold areas
Added in function to tweak confidence level and sample size
Added in function to show/hide table as it started to eat up quite a bit of space on the chart
Added in feature on how far away RSI is from the True (hidden) RSI area