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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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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
Ultimate Follow Line v3 The ultimate indicator to follow the trend with precision! Discover Ultimate Follow Line v3, an indicator designed for MetaTrader 4 to help you clearly identify market direction. Developed in MQL4, it combines a simple and effective design with advanced technology to provide traders with a powerful and intuitive tool. Main features: Intuitive visualization: Dynamic lines that adapt to price movements, highlighting key reversal and trend continuity zones. Customizable dua
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
FREE Spread indicator for MetaTrader 4 this indicator includes: -average spread -current spread -minimum spread -maximum spread If you are interested in my products I recommend you visit my page where you can find: Experts Advisors:  https://www.mql5.com/it/market/product/119456?source=Site+Profile indicators:  https://www.mql5.com/it/market/product/120038?source=Site+Profile I hope the spread indicator will be useful to you. https://www.mql5.com/it/users/kappa05
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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
The Follow Line indicator is an essential tool for traders who want to identify and follow market trends with precision. This indicator dynamically adapts to price changes, drawing a line that smoothly and continuously tracks price movements. With its visual simplicity and effectiveness in signaling trend changes, Follow Line is a great addition to any trader’s strategy. Key Features: Trend Tracking: Follow Line closely follows the price, making it easy for traders to identify ongoing market tre
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 "
Forex Scalper Indicator – Your Precision Tool for Earning in the Financial Markets The Forex Scalper Indicator for MT4 is the perfect ally for all traders who want to scalp the markets with maximum precision. Thanks to its analysis on precise data, this indicator offers you timely and accurate signals, ideal for making quick decisions in your trades. Tailored Precision Each arrow displayed on the charts is based on meticulous calculations, giving you the best entry and exit opportunities. Thes
The AI Trading Consultant is an advanced indicator designed for traders seeking a reliable technology-based tool for analyzing and understanding markets. Powered by a long short-term memory recurrent neural network ( RNN LSTM ), the AI Trading Consultant provides clear buy and sell signals, helping identify potential market movements and supporting trading decisions. Key Features: Advanced Artificial Intelligence (RNN LSTM) This indicator uses a recurrent neural network with long-term memory, e
BTC Follow Line - Your Guide to Bitcoin Trading BTC Follow Line is an advanced indicator designed exclusively for cryptocurrency markets, with a particular focus on Bitcoin. Perfect for those looking for reliable Buy and Sell signals in the medium to long term, this tool works on any timeframe, adapting to your trading needs. Why Choose BTC Follow Line? Simple and intuitive : A clean and easy-to-read interface helps you make informed decisions effortlessly. Versatility : Works on all timeframes
AI Indicator: The Future of Smart Trading at Your Fingertips Welcome to the new era of trading. The AI Indicator is the perfect trading companion for traders of all levels, designed to help you make decisions based on solid data and advanced analysis. Harnessing the power of artificial intelligence, this tool stands out for its ability to adapt to any market and timeframe, providing you with clear and precise trading signals. What Is Artificial Intelligence and Why Is It Important in Trading? Ar
Wall Street Indicator – Your Key to Trading Success! Tired of tools that promise the world but fail to deliver results? Designed for MT4, the Wall Street Indicator is the ultimate solution to elevate your trading to the next level. This indicator has been meticulously developed to provide clear, reliable, and precise signals. Here's why the Wall Street Indicator is the perfect choice for both beginners and experienced traders: Unmatched Performance – Proven Results 1-year detailed backtest: With
Just Trade Indicator – Your Ally for Precise and Stress-Free Trading! Discover Just Trade Indicator, the ultimate MetaTrader 5 indicator designed to help you identify clear entry and exit points in the market. Using advanced algorithms, this tool provides intuitive visual signals that enhance your trading experience without complications. Why Choose Just Trade Indicator? Clear and Precise Signals – The indicator generates buy and sell signals displayed directly on the chart with intuitive
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
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
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
Enhance Your Trading Strategies with the "Order Block" Indicator for MT4 Discover the "Order Block" Indicator: The "Order Block" Indicator for MT4 is designed to help you precisely identify order blocks in the market by marking the highs and lows of the order block candles. This powerful tool enables you to understand where large institutions place their orders, improving your ability to predict market movements. Key Features: Precise Order Block Detection: Automatically highlights the highs and
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
"Positions Manager" for MetaTrader 5 is an essential tool for traders looking to optimize the management of their positions efficiently and automatically. This advanced tool is designed to assist traders in controlling their operations, improving risk management, and maximizing potential profits with features like Break Even and Trailing Stop. Main Features: Automatic Break Even: With the option to activate Break Even, "Positions Manager" allows you to protect profits once the market moves in yo
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