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RSI Trend Scanner

An RSI (Relative Strength Index) MT4 (MetaTrader 4) scanner is a tool used in forex trading to identify overbought or oversold conditions across multiple currency pairs and timeframes. The RSI is a momentum oscillator that measures the speed and change of price movements, typically used to identify potential reversal points in the market.

Key Features and Functions of an RSI MT4 Scanner:

  1. Multiple Timeframe Analysis: The scanner can analyze various timeframes (e.g., 1 minute, 5 minutes, 15 minutes, 1 hour, 4 hours, daily) to provide a comprehensive view of the market conditions across different periods.

  2. Customizable RSI Settings: Users can set their preferred RSI period (e.g., 14, 21) and levels (e.g., 30 for oversold, 70 for overbought) to match their trading strategy.

  3. Real-Time Alerts: The scanner provides real-time alerts (sound, email, or pop-up notifications) when a currency pair reaches the overbought or oversold levels.

  4. User-Friendly Interface: The scanner typically has a user-friendly interface that displays the RSI values for multiple currency pairs and timeframes in a grid or table format, allowing for quick and easy analysis.

  5. Filter Options: Traders can filter the currency pairs and timeframes they want to scan, focusing only on those that meet their specific criteria.

  6. Integration with MT4: The scanner is integrated with the MT4 platform, allowing traders to quickly open charts, place trades, and apply other technical indicators for further analysis.

How to Use an RSI MT4 Scanner:

  1. Install the Scanner: Download and install the RSI scanner EA (Expert Advisor) on your MT4 platform.

  2. Configure Settings: Set your preferred RSI period and levels, select the currency pairs and timeframes you want to scan.

  3. Monitor Alerts: Pay attention to the alerts generated by the scanner. When a currency pair reaches the overbought or oversold level, consider it a signal to investigate further or potentially place a trade.

  4. Analyze Further: Use additional technical analysis tools and indicators to confirm the signals generated by the RSI scanner before making trading decisions.

By using an RSI MT4 scanner, traders can efficiently monitor multiple currency pairs and timeframes, identify potential trading opportunities, and make more informed trading decisions based on RSI signals.


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Goh Kato
Utilidades
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DaneTrades Ltd
Utilidades
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Utilidades
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Kaijun Wang
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Utilidades
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Flash Copy MT4
Trinh Dat
Utilidades
The program is use to copy trading from MT4   to MT4 and MT5  on local PC or copy  over the Internet.   Now you can easy copy trades to any where or share to friends. Only run one Flash Server on VPS, also need allow the apps if you turn on Windows Firewall. Can not add more than 20 account copier to server, include both  MT4 and MT5 Get free Copier EA for MT4 and MT5 (only  receive signal),   download here Instants copy, speed smaller 0.1 seconds, easy to setup How to setup and guide Let read a
Click and Go Trade Manager
Victor Christiaanse
5 (11)
Utilidades
Click and Go Trade Manager, the ultimate solution for seamless trading execution. With a simple click on the chart, you can effortlessly define your stop loss, entry price, and target levels. No more hassle of inputting values manually - it's made incredibly intuitive and easy. Embedded risk management is a key feature of our Trade Manager. We understand the importance of protecting your investments, which is why the Click and Go Trade Manager incorporates risk management. When placing orders,
Trade Copier Global
Laszlo Tormasi
5 (17)
Utilidades
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Severa
VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.86 (64)
Utilidades
Panel de comercio para operar en 1 clic.  ¡Trabajando con posiciones y pedidos!  Operar desde el gráfico o desde el teclado. Con nuestro panel de operaciones, puede operar con un clic del gráfico y realizar operaciones comerciales 30 veces más rápido que el control estándar de MetaTrader. Cálculos automáticos de parámetros y funciones que facilitan la vida de un comerciante y lo ayudan a realizar sus actividades comerciales de manera mucho más rápida y conveniente. Consejos gráficos e informaci
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Versión 3.0 2024.07.12
Number of candles to check for signals
Versión 2.0 2024.07.12
RSI Levels input Updated