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Enhanced RSI for MT4

Enhanced RSI: A Hybrid Indicator for a More In-Depth Technical Analysis

The Enhanced RSI is a versatile and customizable technical indicator designed to provide traders with a more comprehensive and accurate market analysis. By combining the best features of moving averages, RSI, and MACD, this indicator offers a multidimensional view of momentum and trend strength.

Key Features:

  • Perfect Hybridization: The Enhanced RSI blends the capabilities of moving averages, RSI, and MACD, offering a more complete picture of price movements.
  • Maximum Flexibility: With customizable periods, the indicator adapts to any trading style and timeframe.
  • Versatility: It works on any financial asset, from Forex to cryptocurrencies, stocks, and indices.
  • Analysis Support: The Enhanced RSI is not an automated trading system but a tool that provides useful signals and confirmations to enhance your technical analysis.

How It Works:

The Enhanced RSI calculates an exponential moving average of the RSI, combining it with signals from the MACD. The result is an oscillator that identifies overbought and oversold conditions, signals divergences, and confirms trends.

Advantages:

  • More Reliable Signals: The combination of multiple indicators reduces the risk of false signals.
  • Trend Reversal Anticipation: The Enhanced RSI can help identify trend reversals earlier than other indicators.
  • Customization: Tailor the indicator to your specific needs by adjusting moving average periods, RSI levels, and MACD parameters.

Uses:

  • Trend Identification: The Enhanced RSI helps confirm trend direction and identify accumulation and distribution phases.
  • Entry and Exit Opportunity Identification: The indicator provides buy and sell signals that can be used in conjunction with other technical analysis tools.
  • Risk Management: The Enhanced RSI can be used to set more effective stop-loss and take-profit levels.

Note: The Enhanced RSI is a support tool for technical analysis and does not guarantee profits. It is advisable to use it in combination with other forms of analysis and solid risk management.


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IMPORTANT: The indicator will remain at the price of $34.90 until the release of the update scheduled for July 16, 2024. The New Price will be $49.90 (taxes excluded) FVG indicator. If you are an SMC trader this indicator will be very useful to you, it automatically identifies the FVGs on the graph distinguishing them into 2 types: bearish FVGs and bullish FVGs (see the photos to understand better). This indicator works on any Timeframe and on any market you want to use it. If you are interested
Volume Profile Indicator for MT4 Gain a trading edge with the "Volume Profile" indicator for MetaTrader 4 (MT4). This advanced technical analysis tool allows you to precisely identify key support and resistance levels based on transaction volume. Easily visualize market areas of high interest, where trading volumes are highest, and use this information to make more informed trading decisions. Key Features: Clear and detailed visualization : The indicator displays volume histograms directly on th
Presentation of the "Color Range Indicator" The "Color Range Indicator" is a powerful technical analysis tool designed for the MT4 platform, perfect for traders who want a clear and immediate view of market trends. This indicator draws a colored line based on the current trend, making it easier to interpret price movements. Indicator Description: Green line : Indicates an uptrend. Use this signal to consider buying opportunities. Red line : Indicates a downtrend. Use this signal to consider sell
What is "Automatic BE"? "Automatic BE" is an essential tool for every manual trader, designed to significantly improve risk management. This advanced indicator can automatically protect your profits by adjusting the stop loss to the break-even level once the market moves in your favor. With "Automatic BE", you can continue trading with the confidence that your gains will be protected, even when you’re away from the screen. Why choose "Automatic BE"? Automatic profit protection : With "Automatic
What is "Real Time MultiIndicator"? "Real Time MultiIndicator" is an advanced trading tool designed to simplify and optimize your technical analysis. This revolutionary indicator gathers signals from multiple timeframes and technical indicators, displaying them in a single, clear, and easy-to-read table. If you want a complete and detailed market view without constantly switching charts or manually analyzing each indicator, "Real Time MultiIndicator" is the perfect solution for you. Why choose "
DISCOUNT FROM 77.90 USD TO 37.90 USD LASTING UNTIL SUNDAY, SEPTEMBER 1ST What is "Forex Scanner"? "Forex Scanner" is a powerful trading tool designed to give you a comprehensive overview of the Forex market in real-time. This advanced indicator gathers key data from multiple technical indicators and timeframes, allowing you to quickly identify trading opportunities. If you want to monitor numerous assets and parameters without switching from one chart to another, "Forex Scanner" is the perfect s
OB Indicator
Nicola Capatti
Order Block indicator, highs and lows; the indicator focuses mainly on OBs, on the chart they are represented with a horizontal line on the minimum and maximum of that candle. While for the maximums and minimums only one line is marked (see the images to understand better). The indicator is for MT5, it works on all Timeframes, on any Forex Pair, on any index and on crypto markets. (For any information on the indicator do not hesitate to contact me). Limited time discount (50%) 74.90$ -> 38.60$
Expert Advisor for scalping; This EA was built for monthly profitability. Works on any asset: Forex, Indices, Crypto and Stocks. Perfectly usable in MT5 tester and usable on any TimeFrame. The EA has various inputs available to customize operations: -Lots -Risk% (0 = Fix) -OrderDist (the distance between one order and another, the distance is calculated in points not pips) -TP (in points) -Sl (in points) -TrailingStopTrigger(the trailing stop trigger point in points) -TrailingStop(distance from
Highs, Lows and Bos Indicator for MT5; The indicator works on any type of market and on all TimeFrames. It also works on the MetaTrader5 Tester. the main function of the indicator is to identify the highs and lows by marking them with a point above/below the candle, then with a horizontal line it marks the Bos. It is very simple and intuitive, there are only 2 inputs: -the color of the maximums -the color of the minima For any other information do not hesitate to contact me.
Panel Info Trade For MT5; The indicator has 2 main objects: -An icon chart that you can change Timeframe, zoom, Forex Pair, crypto....the position of the graph can be modified via the (x;y) inputs. The chart is perfectly usable in the MT5 tester. If the graph isn't for you and doesn't help you with anything, you can press the button on the top right to make it smaller. -the second object is a dynamic control panel where you can change plots, place sl and tp, BE, close partial... (if you watch th
Currency Strength Index (CSI) Indicator BEFORE ACTIVATING THE INDICATOR, REMEMBER TO SET "TRUE" TO DISPLAY THE PAIRS The Currency Strength Index (CSI) Indicator is a powerful tool used in forex trading to measure the relative strength of major currencies. This indicator helps traders identify the strongest and weakest currencies at any given time, enabling them to make more informed trading decisions. Key Features: Comparative Analysis: Compares the strength of different currencies based on his
In the world of trading, the key to success lies in having the right tools at the right time. Our innovative Volume Profile indicator was developed with one goal in mind: to provide traders with unprecedented access to vital market activity information. This cutting-edge tool allows you to not only see where and when volumes are traded but also to understand market depth with clarity never seen before. Main Features: Temporal Flexibility: Set the analysis range up to 1800 minutes to perfectly ma
Maximize Your Trading Opportunities with the "Auto Trendlines" Indicator Discover the "Auto Trendlines" Indicator: "Auto Trendlines" is the essential tool for every technical trader. This indicator automatically plots trend lines, pinpointing support and resistance levels with surgical precision. It's ideal for those looking to capitalize on market breakouts and reversals. Key Features: Automatic Trendline Plotting: Identifies and draws crucial trend lines without manual intervention. Advanced C
Optimize Your Trading Decisions with the "autoFibo" Indicator Discover the "autoFibo" Indicator: "autoFibo" is the essential analysis tool for traders who want to fully leverage Fibonacci levels without the hassle of manual plotting. This indicator automates the Fibonacci retracement process, providing instant visual access to key support and resistance zones. Key Features: Automatic Fibonacci Retracement: Automatically plots Fibonacci levels, making it easy to identify support and resistance zo
Enhance Your Trading Performance with the "Better Volume" Indicator Discover the "Better Volume" Indicator: The "Better Volume" is the essential market volume analysis tool for traders aiming to stand out. It analyzes tick volumes with unprecedented accuracy, featuring an advanced moving average function (PERIOD_MA) and customizable buy and sell alerts. Key Features: Advanced Volume Analysis: Recognize volume peaks signaling crucial price movements. Intuitive Buy and Sell Alerts: Stay one step a
The SuperTrend is one of the most effective and widely used technical indicators in trading, ideal for identifying trend direction and generating entry and exit signals. Based on volatility and trend, this indicator dynamically adapts to market conditions, providing a clear visual reference for traders. Key Features: Trend Detection: The SuperTrend follows the market trend, drawing a line that positions above the price in a downtrend and below in an uptrend. Ease of Use: Thanks to its intuitive
New Combined Indicator - 3 in 1 Are you looking for trading tools that can enhance your market analysis and investment strategies? We have combined three of our best indicators into a single powerful and convenient solution, allowing you to get the most value for your trading. 1. Order Block Indicator (previously sold for $32.90) The Order Block Indicator is an essential tool for identifying areas of strong institutional interest within the market. This indicator marks the highs and lows of orde
FVG for MT5
Nicola Capatti
"Fair Value Gap" (FVG) Indicator - Unlock the Power of Market Imbalances The world of trading is full of hidden opportunities, but only those with the right tools can identify and exploit them effectively. Our FVG Indicator is designed to help you do just that. If you’re a trader looking to enhance your market reading abilities and identify the best entry and exit points, the FVG Indicator is your perfect ally. What is a Fair Value Gap (FVG)? The concept of a Fair Value Gap refers to a discrepan
What is the "Schaff RSX"? The "Schaff RSX" combines the effectiveness of the Relative Strength Index (RSX) with the precision of the Schaff Cycle, creating a unique indicator that will help you easily identify the best moments to enter and exit the market. It’s like having a radar that detects hidden trading opportunities, giving you a competitive edge that other traders simply can't afford to ignore. Why Choose the "Schaff RSX"? Clear and Intuitive Visual Simplicity : The colors and lines of th
What is "Automatic BE"? "Automatic BE" is an essential tool for every manual trader, designed to significantly improve risk management. This advanced indicator can automatically protect your profits by adjusting the stop loss to the break-even level once the market moves in your favor. With "Automatic BE", you can continue trading with the confidence that your gains will be protected, even when you’re away from the screen. Why choose "Automatic BE"? Automatic profit protection : With "Automatic
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