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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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Sergey Batudayev
5 (2)
Averaging Helper - This sort of trading helper instrument will help you average out your previously unprofitable positions using two techniques: standard averaging hedging with the subsequent opening of positions according to the trend The utility has the ability to sort out several open positions in different directions at once, both for buy and for sell. For example, you opened 1 position for a sell and the second for a buy, and they are both unprofit, or one is in the unprofit and one is in
Copiez les signaux de n'importe quel canal dont vous êtes membre (   sans avoir besoin d'un jeton de bot ou de permissions d'administrateur  directement vers votre MT4. Il a été conçu en pensant à l'utilisateur tout en offrant de nombreuses fonctionnalités dont vous avez besoin Ce produit est présenté dans une interface graphique conviviale et attrayante. Personnalisez vos paramètres et commencez à utiliser le produit en quelques minutes ! Guide de l'utilisateur + Démo  | Version MT5 | Versio
Ultimate No Nonsense FX Backtester - You can Run Forward Test Simulation with this tool! Do Not Download the Demo Here, Please Read Below! Step by Step Manual Guide PDF for this backtester PDF List of Commands(Shortcuts) for this backtester Ultimate NNFX Backtester is a powerful utility tool that significantly reduces the length of backtesting process for NNFX followers.  As well as for Forex traders that operates their entries and exits at the close of a candle and manage the risk using A
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Wolfe Wave Scanner
Jalitha K Johny
5 (2)
Wolfe Waves scanner - It scans all the Symbols and identify the movement of price and it gives confidence in trade. It automatically plots  fifth wave breaks out of the channel. According to the theory behind the pattern, a line drawn from the point at the beginning of the first wave and passing through the beginning of the fourth wave predicts a target price for the end of the fifth wave. If a trader properly identifies a Wolfe Wave as it forms, the beginning of the fifth wave represents an op
Super Trend Filter Indicator Super trend Arrow Consider as a Master Candle , If super trend in Buy signal , then signal candle calculate as master candle  and master candle close above the open candle then calculate filter Buy Arrow.  If super trend in Sell signal , then signal candle calculate master candle  and master candle close below the open candle calculate filter Sell Arrow. 3 Target with Trailing Stop Loss 
Advanced Camarilla Calculator is one of the most commonly used trading calculators. This calculator can be used to generate levels. Scenario 1 Open price is between H3 and L3 For Long  - Wait for the price to go below L3 and then when it moves back above L3, buy. Stop loss will be when price moves below L4. Target1 - H1, Target2 - H2, Target3 - H3  For Short  -  Wait for the price to go above H3 and then when the price moves back below H3, sell. Stop loss will be when price moves above H4. Targe
Multi Trend Analyzer MT4 indicator provides signals from the following technical trading indicators: RSI, STOCH, STOCHRSI, MACD, ADX, Williams % R, ATR, Oscillator, ROC and Bull/Bear Power. It supports all time frames, from the 1 minute up to the monthly charts. You can change all indicator inputs. Indicator provide total trend summary. We can easily analysis and study market movement .
MACD MULTI TIME FRAME WITH MULTI SYMBOLS  INDICATOR  MACD MTF Indicator visualize all MT4 time frame  and trend based on  Moving Average Convergence Divergence (MACD) strategy . Indicator have settings for MACD customizing and variable "Symbols "EURUSD,USDCHG,...", which is used to define symbols. , Signals are displayed  Buy  , Strong buy  ,  Sell,  Strong Sell,   ### - No Trend Strong  Description The Moving Average Convergence/Divergence indicator is a momentum oscillator primarily used to tr
Multi Indicators Scanner Indicator Scan  ADX ,Moving Average ,ENVELOPE ,SAR , MACD ,RSI  and ATR . We can change all input parameters in chart window. scanner works Multiple Time Frame we can change Timeframe .  Symbol button based on Trend color , we can click button and open chart .  We can also save templates in input.   Default settings Time Frame   1Hour Templates Name  Default Auto Arrange Chart  true
Fibonacci calculator is used with Elliot Waves, it can generate remarkable results. A trader could use these levels or ratios to find high probability trades with very small stop loss. You may also use these ratios to find Elliott Waves extensions and to book profit near those levels. For Elliot Wave experts, Fibonacci calculator is a highly useful tool that can assist them in calculating Fibonacci extension and retracement levels for the market price. The indicator proves itself as a useful one
Macd Magic Indicator
Jalitha K Johny
5 (1)
This MACD Magic indicator coded due to inspired in a another similar indicator ,Here Macd Magic calculate Double trend confirmation. With ATR Ratio Based TP point , ATR value input are available in input settings . MACD Magic indicator provides Accurate signals on all Major currency pair and stocks. This indicator Very easy to analysis trend and set target point 
The Average True Range (ATR) is a tool to measure volatility. ATR MTF (Multi Time Frame) indicator provides all timeframe trends helps to identify in which kind of volatility environment the market .This indicator can be used with any Trading Systems for additional confirmation of trading entries or exits. It is a very helpful tool to calculate Targets and Stops according the current market conditions.
Half Trend TPSL Buy Sell Indicator calculates the open and close of the price bars over the selected period of time and applies its own  calculation method to find an average line of the price movement.  ATR based Take Profit and Stop Loss ATR is a measure of volatility over a specified period of time. The most common length is 14, which is also a common length for oscillators, such as the relative strength index (RSI) and stochastics. A higher ATR indicates a more volatile market, while a lowe
Product Description: MT4 Trade Copier with Advanced Features MT4  Trade Copier is designed to streamline and enhance your trading experience by allowing seamless replication of trades across multiple accounts. It offers advanced features to cater to different trading needs and preferences. Features: Master/Slave Selection: Easily choose between master and slave modes to manage trades effectively. Multiplier for Slave Accounts: Set a multiplier to adjust the size of trades copied to sl
Half Trend TPSL Buy Sell Indicator calculates the open and close of the price bars over the selected period of time and applies its own  calculation method to find an average line of the price movement.  ATR based Take Profit and Stop Loss ATR is a measure of volatility over a specified period of time. The most common length is 14, which is also a common length for oscillators, such as the relative strength index (RSI) and stochastics. A higher ATR indicates a more volatile market, while a lowe
The Super Trend is one of the best trend-following indicator for MT5 platforms. It's working fine for real-time trend alerts and accurate signals and it help to identify the best market entry and exit positions.  This indicator is the tool you can  refers to a trend following overlays. It contains two major parameters: the period and the multiplier. Besides, traders should consider default values that include 10 for every true range aтd 3 for the multiplier. 2 Types TP SL you set in input Point
A HalfTrend scanner for MT5 (MetaTrader 5) is a technical analysis tool designed to help traders identify trend reversals and trade opportunities in the market. The HalfTrend indicator itself is based on price movements and a specific algorithm that identifies changes in market direction. Here’s a detailed description of an MT5 HalfTrend scanner: Overview The MT5 HalfTrend scanner is an advanced tool that scans multiple currency pairs or financial instruments for potential trend reversal signals
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Version 3.0 2024.07.12
Number of candles to check for signals
Version 2.0 2024.07.12
RSI Levels input Updated