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RSI Trend Trader mt4

This indicator takes input from the RSI, combined with a trend filter.

Great for scalping.

Does not feature any alerts and is best used manually.

Settings:

TrendFilterPeriod

RSIPeriod

Set these parameters to your preference.

How to use:

Attach to any chart with default settings.

Can be used on any time frame. If used on lower time frames, check higher time frames too.

Buy:

- Wait for blue histo color to cross above level 50, then open buys.

**Best results when checking the higher time frames too.

Sell:

- Wait for red histo color to cross below level 50, then open sells.

**Best results when checking the higher time frames too.

Or backtest and use as you see fit for your strategy.

See picture below.

Best results on Major Pairs, but can also be used on other pairs (Metals, Minors).


Important to note:

  • Please do not use this indicator haphazardly. Make sure it compliments your strategy.

  • Don't risk money you cannot afford to lose.

  • You use this indicator at your own risk. Please apply money management wisely.

  • Always test your strategy on a demo account before using a new indicator on a live account.



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This indicator gives you a modified ZigZag, combined with a special algorithm. Great for scalping. Perfect for channel trading. Parameter TrendPeriod. Features alert functions.  How to use: Simply attach to any chart with default settings. Buy when the line crosses below the price, and blue arrow. Sell when the line crosses above the price, and red arrow. It helps to keep the audible alert set to true. Best results when checking two or more timeframes before entering trades. (See comment #1 for
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This indicator takes input from Accumulation/Distribution and a trend filter, and presents the output in a separate indicator window as a histogram. Great for scalping. Settings: TrendPeriod Features Alerts. How to use: Simply attach to any chart with default setting, or set the TrendPeriod to your preference. Zoom chart in to get a better view of the histo color. Buy:  Blue histo color on multiple timeframes. (e.g., M30-H1-H4-D) Sell: Red histo color  on multiple timeframes. Or backtest and us
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This indicator takes input from the ADX, and presents the output in a separate indicator window as a histogram. Great for scalping. Settings: ADXPeriod Features Alerts. How to use: Simply attach to any chart with default setting, or set the ADXPeriod to your preference. Zoom chart in to get a better view of the histo color. Buy:  Blue histo color on multiple timeframes. (e.g., M30-H1-H4-D) Sell: Red histo color  on multiple timeframes. Or backtest and use as you see fit for your strategy. Best
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Use this indicator to help determine when to open buys or sells based on the color of the line. Excellent for scalping. Settings: Deviation. TrendPeriod. Features Alerts. How to use: Simply attach to any chart with default settings. When used on lower timeframes (M1,M5,M30,H1), confirm on higher timeframes.  Buy:  Blue line below price. Best results when line is blue on multiple timeframes. Sell: Red line above price. Best results when line is red on multiple timeframes. Or change settings, b
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