MetaTrader 5 Moving Average Indicator RSI Download - Free - [TFlab] - MT4/MT5 Resources

The RSI on MA Indicator combines moving average crossovers with the Relative Strength Index (RSI) , making it a valuable MetaTrader 5 indicator for identifying trend direction and price momentum .

It plots two oscillating lines 0 to 100 , capable of identifying buy and sell signals while providing a clearer understanding of price trend directions.

RSI on Moving Average Indicator Specifications

The specifications of this indicator are summarized in the table below:

Indicator overview

This indicator uses the Relative Strength Index (RSI) based on moving averages to provide clear insights into market behavior. The blue line represents the slower moving average, and the red line represents the faster moving average.

When these two lines cross, a signal is generated to confirm the trade entry.

Indicators are in an upward trend

When the slow line (blue) and the fast line (red) approach the 0 level , and the slow line crosses the fast line upward, this marks the beginning of a process uptrend .

Analysts can confirm the Buy trade by performing necessary verifications before entering it.

Indicators are in a downward trend

In the price chart of the AUD/NZD currency pair on the 4-hour timeframe, when the two moving averages approach the 100 level and the slow line (blue) crosses the fast line (red) downwards, this event can be interpreted as a signal to enter the market in a Sell trade .

Traders can perform additional verification before starting a trade.

Moving Average Indicator Setup RSI

The chart below shows the specifications of the Moving Average RSI indicator:

• Theme: The background theme of the indicator chart;
• RSI Period: The number of candlesticks used to calculate RSI;
• The first moving average period: the period of the faster moving average;
• Second moving average period: the period of the slower moving average;
• Moving average mode: the type of moving average used;
• Price Mode: The price type used (opening price, closing price, high price or low price).

Conclusion

The RSI on MA Indicator is a hybrid tool that utilizes the Relative Strength Index (RSI) and Moving Averages to identify trend direction and price momentum .

This MetaTrader 5 oscillator plots two oscillator lines (slow and fast) in the range 0 to 100 , making it useful for detecting crossover points .