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Indicators

RSI with channels - indicator for MetaTrader 4

Andrei Khrushchev
Views:
8505
Rating:
(8)
Published:
2024.05.01 11:53
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This indicator promote new way of analyses signals from standard indicator named RSI.
Main feature of RSI is level crossing signals. Usually 30 and 70.
But it's bad relative to real market state. That's why i added dynamic levels for this indicator.

By this way, signals efficiency become more powerful


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a very convenient way to filter out unnecessary signals of crossing levels