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Re: RSI Indicators for MT4

TEAMTRADER, Wed Sep 18, 2019 2:16 am

In my (humble) opinion these indicators are the best and easiest to trade in the RSI/RSX family.
Key levels are 80 for overbought and 20 for oversold with the faster of the two RSx ma's.
Central area of 40 - 60 is the sideways/choppy area.
As you can see I colour code for ease of recognition but it is not necessary.
It is a great divergence indicator too.
TEAMTRADER
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