Search found 745 matches

Re: RSI Indicators for MT4

If you look at thousands of overbought and oversold signals and compare the ones which failed to the ones that work, you may find that "overbought" and "oversold" is a concept that overall does not work for Forex (especially during trending markets), i. e. does not really give y...

Re: RSI Indicators for MT4

Maybe I'm wrong, but in my opinion, rsi is made to determine the trend reversal, which signals a reversal when the price breaks the level. Therefore, rsi is a trend indicator that works on the same principle as the Keltner channel. If you want to use the breakout of the 50 level, then it is easier f...

Return to the advanced search