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Re: RSI Indicators for MT4

TEAMTRADER, Mon Oct 12, 2020 5:02 am

As Rsi indicators go I feel that this is both the best and the easiest to follow with the inclusion of 'S&R' levels.
Obviously my own settings as the original posted has different settings BUT if you include the colour levels as I have shown on the illustration it will help enormously.

My colours are as follows:-

  • White 115 to 76 (Target/exit area)
  • White 24 to -15 (Target/exit area)
  • Lime 76 - 54 Up area
  • Hot Pink 46 - 24 Down area
  • Yellow 54 to 46 (sideways area)

TEAMTRADER

PS
In addition to the various levels these give a far more accurate sight of DIVERGENCE.
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