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Monkey RSI on Bollinger MT4

Use my recommended broker: https://icmarkets.com/?camp=61478

You have most likely heard about the term "Less is more". I can tell you one thing that's also the case with the Monkey RSI on Bollinger indicator!

One indicator will give you the best of both worlds, easy to determine trend, the strength of the trend and overbought and oversold levels.

This indicator is very simple to follow:

  • Green line uptrend
  • Red line downtrend
  • Above band overbought
  • Below band oversold

With this indicator you could:

  1. Follow current market movement directions
  2. View if price is overbought or oversold for a good entry / exit

Feel free to use this indicator,

Happy trading!


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Foxy
Amira J Brand
Supported currency pairs:   AUDCAD, AUDNZD, NZDCAD Recommended timeframe:   M1 Foxy smart grid uses multiple timeframe analyses to spot potential pullbacks in the market. These pullbacks have great potential to make a good profit, we enter these pullbacks on the lowest timeframe ( M1 ) which will be the most accurate timeframe to enter these positions. All backtests are performed over a 17+ years period showing stable and long term results! The goal is long term compounding profits with the re
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mopheus black
292
mopheus black 2023.09.19 11:28 
 

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zofesu
350
zofesu 2023.04.30 20:52 
 

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Amira J Brand
815
Reply from developer Amira J Brand 2023.05.02 11:42
Glad you liked it. Thanks for your review!😊💫
Ludovic Martin
395
Ludovic Martin 2023.04.05 07:13 
 

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Amira J Brand
815
Reply from developer Amira J Brand 2023.05.02 11:44
Thanks for your 5 star review!😊💫
Reply to review
Version 1.2 2023.04.02
Performance upgrades
Version 1.1 2023.04.02
Minor fixes.