• Overview
  • Reviews (6)
  • Comments (2)

RSI Candle Signal

4.67

RSI Candle Signal Indicator will change bars’ color when set overbought or oversold levels reach.


How to Use RSI Candle Signal

  • Uptrend/Downtrends - RSI may be used to detect trending markets. For example, the RSI may stay above the mid line 50 in an uptrend.
  • Top and Buttoms - RSI may help in identifying the tops around the overbought readings (usually above 70), and the bottoms around the oversold area (usually below 30).
  • Divergence - divergence occurs when RSI directional movement is not confirmed by the price action. For example, a bullish divergence occurs when EURUSD makes lower  low but RSI makes higher low. This means that EURUSD is losing momentum and a bullish correction is possible.

Paramètres ( The setting of the parameters is possible.)

Original Setting :

  • RSI Period - 14.
  • Overbought - 70.
  • Oversold - 30.



Reviews 6
Lamplighter0055
81
Lamplighter0055 2022.12.09 21:37 
 

Work well, and helps clean my chart - as the RSI is now integrated on the chart, rather than as a separate graph below the chart.

John Winsome Munar
3471
John Winsome Munar 2022.06.17 23:57 
 

Good RSI siganl indicator

kevinjoyce
95
kevinjoyce 2022.09.19 19:11 
 

Very good indicator

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4.2 (5)
Price Channels are also known as Donchian Channels being named after Richard Donchian.  They use the highest and lowest price of a set number of periods to create an upper and lower channel or envelope around the price. The upper channel shows the high of the number of periods chosen. The lower channel shows the low of the number of periods chosen. For example, the screenshot shows the Price Channels using 320 periods. The upper channel in the screenshot shows the highest high of the previous 3
FREE
Yesterday High Low
Jonathan Destailleur
5 (1)
The "Yesterday High Low" indicator for the MetaTrader 4 (MT4) trading platform is a powerful tool designed to help traders identify key price levels from the previous trading day. This indicator provides a visual representation of the high prices, low prices, high/low price averages, and intermediate average levels on the chart. Primarily used by institutional and professional traders, this indicator offers an instant view of price levels that are often considered crucial in financial markets
FREE
MACD Candle Signal
Jonathan Destailleur
4.8 (5)
The MACD Signal Candle indicator  changes color according to the MACD trends. Colored Candles, based on MACD. HOW IT WORKS For a Buy:  -If the indicator is above zero, the market is bullish. -If the market is bullish, you can take a stand with green candle signals. For a Sell: -If the indicator is below zero, the market is bearish. -If the market is bearish, you can take a stand with the red candles.
FREE
AO Signal Candle
Jonathan Destailleur
The  Awesome Oscillator  (AO)  Signal Candle Indicator  is an indicator used to measure market momentum.  Awesome Oscillator  (AO)  Signal Candle Indicator  will change bar's color when set overbought or oversold levels reach. Colored Candles, based on Awesome Oscillator (AO) Signal. -If the indicator is above zero, the market is bullish. -If the indicator is below zero, the market is bearish. -If the market is bullish, you can take a stand with green candle signals. -If the market is bearish,
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Lamplighter0055
81
Lamplighter0055 2022.12.09 21:37 
 

Work well, and helps clean my chart - as the RSI is now integrated on the chart, rather than as a separate graph below the chart.

kevinjoyce
95
kevinjoyce 2022.09.19 19:11 
 

Very good indicator

John Winsome Munar
3471
John Winsome Munar 2022.06.17 23:57 
 

Good RSI siganl indicator

Michael Bibe
200
Michael Bibe 2022.01.09 16:16 
 

User didn't leave any comment to the rating

Shamas Ali
51
Shamas Ali 2020.12.06 13:54 
 

User didn't leave any comment to the rating

cvdestyfx
2702
cvdestyfx 2020.01.01 22:11 
 

User didn't leave any comment to the rating

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