MT4 Signal Indicator rsi 8

Created on Sunday, October 20, 2024 3:32 PM
when rsi at 80% sell when rsi at 20% buy
This indicator can be used as a signal provider for the Foxzard Trader Expert Advisor.
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Buy Conditions

Sell Conditions

when rsi at 20% buy

Relative Strength Index (RSI) 8 Close
changes from pointing down to up

when rsi at 80% sell

Relative Strength Index (RSI) 8 Close
changes from pointing up to down

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To use this custom indicator on Metatrader 4 platform you need:

  1. Download the MT4 version of this indicator and copy it into your metatrader experts/indicators folder.
  2. Restart your Metatrader 4 terminal.
  3. Indicator will appear under Custom Indicators section. Attach the indicator on the chart.

To use this signal pine script on TradingView platform you need:

  1. Download the pinescript version of this signal.
  2. Open the downloaded text file and copy contents into the tradingview script editor.
  3. Click the "Add to Chart" button.

Use it at your own risk!

This indicator was created by one of our visitors. You can create your own indicator like this one using your rules and logic.

Also you can use this indicator as a base to create your own. Click to create your own indicator from this one.