Better to use on the Daily TF.
You may change extern parameter “RSIPeriod” to fit each and every Symbol and TF.
MT4 Indicators – Download Instructions
RSI-MA is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
RSI-MA provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install RSI-MA.mq4?
- Download RSI-MA.mq4
- Copy RSI-MA.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on RSI-MA.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator RSI-MA.mq4 is available on your Chart
How to remove RSI-MA.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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MT4 Indicators Download here: RSI-MA