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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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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 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
TPSpro Trade PRO
Roman Podpora
5 (4)
An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
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
TakePropips TradePad Pro
Eric John Pajarillaga Aldana
5 (4)
TakePropips TradePad Pro enthält einen leistungsstarken Handelsmanager, Währungsstärkemesser, Kontoberichtstools, Risikomanagementtools und mehr! Es ist einer der fortschrittlichsten Forex-Handelsmanager und Handelsassistenten, denen Sie jemals begegnen werden! Es ist die perfekte Lösung für Händler, die Handelstransaktionen effizienter verwalten möchten. Sie können das Benutzerhandbuch in unserem Blogbeitrag herunterladen:   https://www.mql5.com/en/blogs/post/751180 Sie können dieses Handelss
Trade Assistant Pro 36 in 1
Makarii Gubaydullin
4.95 (21)
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
FTMO Sniper 4
Vyacheslav Izvarin
Dedicated for FTMO and other Prop Firms Challenges 2020-2023 Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Best results on GOLD and US100  Use any Time Frame Close all deals and Auto-trading  before  US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 -------------------
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Wolfe Waves scanner - It scans all the Symbols and identify the movement of price and it gives confidence in trade. It automatically plots  fifth wave breaks out of the channel. According to the theory behind the pattern, a line drawn from the point at the beginning of the first wave and passing through the beginning of the fourth wave predicts a target price for the end of the fifth wave. If a trader properly identifies a Wolfe Wave as it forms, the beginning of the fifth wave represents an op
Super Trend Filter Indicator Super trend Arrow Consider as a Master Candle , If super trend in Buy signal , then signal candle calculate as master candle  and master candle close above the open candle then calculate filter Buy Arrow.  If super trend in Sell signal , then signal candle calculate master candle  and master candle close below the open candle calculate filter Sell Arrow. 3 Target with Trailing Stop Loss 
Advanced Camarilla Calculator is one of the most commonly used trading calculators. This calculator can be used to generate levels. Scenario 1 Open price is between H3 and L3 For Long  - Wait for the price to go below L3 and then when it moves back above L3, buy. Stop loss will be when price moves below L4. Target1 - H1, Target2 - H2, Target3 - H3  For Short  -  Wait for the price to go above H3 and then when the price moves back below H3, sell. Stop loss will be when price moves above H4. Targe
Multi Trend Analyzer MT4 indicator provides signals from the following technical trading indicators: RSI, STOCH, STOCHRSI, MACD, ADX, Williams % R, ATR, Oscillator, ROC and Bull/Bear Power. It supports all time frames, from the 1 minute up to the monthly charts. You can change all indicator inputs. Indicator provide total trend summary. We can easily analysis and study market movement .
MACD MULTI TIME FRAME WITH MULTI SYMBOLS  INDICATOR  MACD MTF Indicator visualize all MT4 time frame  and trend based on  Moving Average Convergence Divergence (MACD) strategy . Indicator have settings for MACD customizing and variable "Symbols "EURUSD,USDCHG,...", which is used to define symbols. , Signals are displayed  Buy  , Strong buy  ,  Sell,  Strong Sell,   ### - No Trend Strong  Description The Moving Average Convergence/Divergence indicator is a momentum oscillator primarily used to tr
Multi Indicators Scanner Indicator Scan  ADX ,Moving Average ,ENVELOPE ,SAR , MACD ,RSI  and ATR . We can change all input parameters in chart window. scanner works Multiple Time Frame we can change Timeframe .  Symbol button based on Trend color , we can click button and open chart .  We can also save templates in input.   Default settings Time Frame   1Hour Templates Name  Default Auto Arrange Chart  true
Fibonacci calculator is used with Elliot Waves, it can generate remarkable results. A trader could use these levels or ratios to find high probability trades with very small stop loss. You may also use these ratios to find Elliott Waves extensions and to book profit near those levels. For Elliot Wave experts, Fibonacci calculator is a highly useful tool that can assist them in calculating Fibonacci extension and retracement levels for the market price. The indicator proves itself as a useful one
Macd Magic Indicator
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The Average True Range (ATR) is a tool to measure volatility. ATR MTF (Multi Time Frame) indicator provides all timeframe trends helps to identify in which kind of volatility environment the market .This indicator can be used with any Trading Systems for additional confirmation of trading entries or exits. It is a very helpful tool to calculate Targets and Stops according the current market conditions.
Half Trend TPSL Buy Sell Indicator calculates the open and close of the price bars over the selected period of time and applies its own  calculation method to find an average line of the price movement.  ATR based Take Profit and Stop Loss ATR is a measure of volatility over a specified period of time. The most common length is 14, which is also a common length for oscillators, such as the relative strength index (RSI) and stochastics. A higher ATR indicates a more volatile market, while a lowe
Half Trend TPSL Buy Sell Indicator calculates the open and close of the price bars over the selected period of time and applies its own  calculation method to find an average line of the price movement.  ATR based Take Profit and Stop Loss ATR is a measure of volatility over a specified period of time. The most common length is 14, which is also a common length for oscillators, such as the relative strength index (RSI) and stochastics. A higher ATR indicates a more volatile market, while a lowe
The Super Trend is one of the best trend-following indicator for MT5 platforms. It's working fine for real-time trend alerts and accurate signals and it help to identify the best market entry and exit positions.  This indicator is the tool you can  refers to a trend following overlays. It contains two major parameters: the period and the multiplier. Besides, traders should consider default values that include 10 for every true range aтd 3 for the multiplier. 2 Types TP SL you set in input Point
A HalfTrend scanner for MT5 (MetaTrader 5) is a technical analysis tool designed to help traders identify trend reversals and trade opportunities in the market. The HalfTrend indicator itself is based on price movements and a specific algorithm that identifies changes in market direction. Here’s a detailed description of an MT5 HalfTrend scanner: Overview The MT5 HalfTrend scanner is an advanced tool that scans multiple currency pairs or financial instruments for potential trend reversal signals
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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