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RSI Filtered Forex Indicator

RSI Filtered Forex Indicator

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RSI Filtered Forex Indicator
A simple to use forex trading indicator built on RSI + filter. The indicator displays in a sub window under the main MT4 trading chart. Feel free to test the RSI period values. I prefer to use values above 25. This lessens the number of incorrect signals. You can use the RSIFilter with an overbought/oversold […]
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A simple to use forex trading indicator built on RSI + filter. The indicator displays in a sub window under the main MT4 trading chart.

Feel free to test the RSI period values. I prefer to use values above 25. This lessens the number of incorrect signals.

You can use the RSIFilter with an overbought/oversold oscillator (for example the Stochastic oscillator) for more precise entry and exit signals.

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