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RSI Bands MT4

RSI Bands is a powerful indicator which displays an upper and lower band corresponding to the RSI overbought and oversold levels. The band shows what price must be reached during that specific candle in order for the RSI overbought/oversold level to be reached. This is an extremely useful tool for spotting when a trend has begun and when a trend is about to end. The indicator provides buffers, allowing you to use it in your own Expert Advisor. Please message me if you have any questions.


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Download the free version   here. Divergence Divergence refers to when the price of a currency pair moves in one direction while the trend indicator is moving in the opposite direction. With divergence, there can be positive and negative signals. Divergences in Forex trading are quite common signals of technical analysis. These are basic early Forex signals indicating the trend reversal and filter false signals. Application of this indicator It is usually not easy to detect divergences by the t
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Der Indikator zeigt   runde Level   auf dem Chart an. Sie werden auch   psychologische , Bank- oder Major Player Level genannt. Auf diesen Niveaus gibt es einen echten Kampf zwischen Bullen und Bären, die Anhäufung vieler Orders, was zu einer erhöhten Volatilität führt. Der Indikator passt sich   automatisch   an jedes Instrument und jeden Zeitrahmen an. Wenn das   Level 80   durchbrochen und dann getestet ist,   kaufen wir . Wenn   Level 20   durchbrochen und dann getestet wird,   verkaufen wi
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4.61 (71)
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4 (1)
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Andriy Matviyevs'kyy
This indicator displays linear regression data of financial instrument prices for two different periods. The user has the ability to select the prices at which the calculation is made. The position of the histogram above zero indicates an increase in prices. The location of the histogram below zero indicates a fall in prices. On fully formed chart bars, the indicator is not redrawn. At the same time, the indicator values ​​at 0 bar (the current bar, the bar that has not finished forming yet) may
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Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
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