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Re: RSI Indicators for MT4

mrtools, Wed Nov 26, 2025 12:46 am

ixion700 wrote: Tue Nov 25, 2025 9:10 pm Hello dear @mrtools. I use this indicator as a confirmation (not a divergence detection) and it's giving good results! Could you add a btn and an alarm when the main line crosses floating lines please? Also a shorter name if possible would be much appreciated. many thanks in forward.
Dynamic Zone RSI 3M3 with Divergences

This is a Dynamic Zone version of an RSI 3-period that's smoothed over "3 bars" (RSI 3M3).

The Dynamic Zone RSI 3M3 has been developed based on the principles established by Walter Bressert, particularly from his publication "Trading With Time Fractals to Reduce Risk and Improve Profit Potential."
  • This indicator averages the last 3 RSI values
  • Uses a very fast 3-period RSI by default
Walter Bressert is famous for his Stochastic Bressert and focuses mainly on Market Cycles.

Hello, added the alerts, button, and shortened the name.

PS: Being a "DZ" indicator, this code requires the Dynamic Zone .dll to be added to your MT4 Libraries folder.
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