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RSI Traffic Light

RSI Traffic Light Indicator tracks several RSI (Relativ Streng Index) Periods and informs you, if the trend is changing.

  • Trend is you friend, one of the classical Trend following is the Relativ Streng Index (RSI).
  • With RSI Traffic Light Indicator you will get information about trendchange.
  • The RSI Traffic Light Indicator alerts you if the trend is changing for your pair.
  • Different trendchange criterials and visualisation themes inclusive.
  • Your can adjust the indicator Trendchange criterials by selecting one of these options
  • Sensitive (earlier trendchange criterials -> more signals)
  • Normal (normal trendchange criterials -> default setting)
  • The current trend can visualized with traffic light on the Chart, you can swith it on or off and choose different sizes of the traffic light.
  • The Indicator is working for every pair and timeframe


Important:

Get informed about new Products, join our MQL Channel: https://www.mql5.com/en/channels/etradro


Setup & Support:

For further questions join our support group: https://www.mql5.com/en/messages/01F85845B013D901

Get informed about new Products, join our MQL Channel: https://www.mql5.com/en/channels/etradro



for Developers:

use IndicatorBuffer 0 for the Uptrend
use IndicatorBuffer 1 for the Downtrend

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Version 2.3 2023.01.27
bugfixes
Version 2.2 2023.01.25
upgrade to ALL inclusive EA flatrate