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RSI Trend Scanner

An RSI (Relative Strength Index) MT4 (MetaTrader 4) scanner is a tool used in forex trading to identify overbought or oversold conditions across multiple currency pairs and timeframes. The RSI is a momentum oscillator that measures the speed and change of price movements, typically used to identify potential reversal points in the market.

Key Features and Functions of an RSI MT4 Scanner:

  1. Multiple Timeframe Analysis: The scanner can analyze various timeframes (e.g., 1 minute, 5 minutes, 15 minutes, 1 hour, 4 hours, daily) to provide a comprehensive view of the market conditions across different periods.

  2. Customizable RSI Settings: Users can set their preferred RSI period (e.g., 14, 21) and levels (e.g., 30 for oversold, 70 for overbought) to match their trading strategy.

  3. Real-Time Alerts: The scanner provides real-time alerts (sound, email, or pop-up notifications) when a currency pair reaches the overbought or oversold levels.

  4. User-Friendly Interface: The scanner typically has a user-friendly interface that displays the RSI values for multiple currency pairs and timeframes in a grid or table format, allowing for quick and easy analysis.

  5. Filter Options: Traders can filter the currency pairs and timeframes they want to scan, focusing only on those that meet their specific criteria.

  6. Integration with MT4: The scanner is integrated with the MT4 platform, allowing traders to quickly open charts, place trades, and apply other technical indicators for further analysis.

How to Use an RSI MT4 Scanner:

  1. Install the Scanner: Download and install the RSI scanner EA (Expert Advisor) on your MT4 platform.

  2. Configure Settings: Set your preferred RSI period and levels, select the currency pairs and timeframes you want to scan.

  3. Monitor Alerts: Pay attention to the alerts generated by the scanner. When a currency pair reaches the overbought or oversold level, consider it a signal to investigate further or potentially place a trade.

  4. Analyze Further: Use additional technical analysis tools and indicators to confirm the signals generated by the RSI scanner before making trading decisions.

By using an RSI MT4 scanner, traders can efficiently monitor multiple currency pairs and timeframes, identify potential trading opportunities, and make more informed trading decisions based on RSI signals.


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Makarii Gubaydullin
4.95 (21)
Utilitys
Multifunktionswerkzeug: 65+ Funktionen, einschließlich: Lot-Rechner, Price Action, Risiko/Gewinn-Verhältnis, Trade Manager, Angebot und Nachfrage Zonen Demo version   |   Anwenderhandbuch   |    MT5 Das Dienstprogramm funktioniert nicht im Strategietester: Sie können die   Demoversion HIER   herunterladen, um das Produkt zu testen. Bei Fragen kontaktieren Sie mich / Verbesserungsvorschläge / im Fall eines gefundenen Fehlers Vereinfachen, beschleunigen und automatisieren Sie Ihre Handelsprozes
Currency Exchanger MT4
Goh Kato
Utilitys
This is a multi-currency converter script that can convert the currency of the account history to another currency and output it. Since it supports multiple currencies, it is possible to exchange USD, EUR mutual conversion, JPY, GBP, AUD, or other minor currencies. Currency Exchanger can be converted to other currencies immediately by executing it once, so anyone can easily exchange currency. Let Currency Exchanger do the tedious work! The exchange result from the account history can be output a
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Runwise Limited
5 (2)
Utilitys
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
Discord To MT4 Receiver
DaneTrades Ltd
Utilitys
Kopieren Sie Signale aus jedem Kanal, dem Sie als Mitglied angehören (   ohne die Notwendigkeit eines Bot-Tokens oder Administratorberechtigungen  direkt auf Ihren MT4. Es wurde mit dem Benutzer im Hinterkopf entwickelt und bietet viele Funktionen, die Sie benötigen. Dieses Produkt wird in einer benutzerfreundlichen und visuell ansprechenden grafischen Benutzeroberfläche präsentiert. Passen Sie Ihre Einstellungen an und beginnen Sie innerhalb von Minuten mit der Nutzung des Produkts! Benutzer
Mentfx Mmanage
Anton Jere Calmes
5 (16)
Utilitys
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
Strategy Builder plus Optimizer by RunwiseFX MT4
Runwise Limited
5 (4)
Utilitys
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
K Trade Assistant Pro
Kaijun Wang
5 (3)
Utilitys
Der beste Partner für Händler!       Bedienungsanleitung für den Trading Assistant Grundlegende Nutzungseinstellungen Basic: Sprachauswahlschalter unterstützen (unterstützt derzeit Chinesisch und Englisch)           automatische Spracherkennung Unterstützen Sie die Bindung von       Hotkey zum Öffnen und Schließen von Positionen       , verwenden Sie Tastenkombinationen, um Positionen schnell zu öffnen und zu schließen ...       Tastenkombinationen zum Schließen von Positionen
Flash Copy MT4
Trinh Dat
Utilitys
The program is use to copy trading from MT4   to MT4 and MT5  on local PC or copy  over the Internet.   Now you can easy copy trades to any where or share to friends. Only run one Flash Server on VPS, also need allow the apps if you turn on Windows Firewall. Can not add more than 20 account copier to server, include both  MT4 and MT5 Get free Copier EA for MT4 and MT5 (only  receive signal),   download here Instants copy, speed smaller 0.1 seconds, easy to setup How to setup and guide Let read a
News Trapper EA
Noha Mohamed Fathy Younes Badr
5 (7)
Utilitys
Hi, all.  News trapper EA It is an expert for trading news very safe expert  put Settings interest rate only or high impact news for Automated Trading on the news of the economic calendar. It shows stable trading during last 10  years. EA doesn't use dangerous technologies like martingale, grid. The Expert is very simple to use. The program contains flexible settings In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools >Options > Expert Advisors. Che
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Version 3.0 2024.07.12
Number of candles to check for signals
Version 2.0 2024.07.12
RSI Levels input Updated