RSITrend_x10 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The RSITrend_x10 indicator shows the RSI oscillator position for ten different time frames.
If the oscillator's position is below the oversold level, the color square will be colored red, if above the overbought level, the color square will be colored medium blue. Otherwise, the square is gray. The indicator uses the value of the last closed bar.
Figure 1. RSITrend_x10 indicator
Attachment download
📎 getfontname.mqh (5.18 KB)
📎rsitrend_x10.mq5 (11.32 KB)
Source: MQL5 #12985
RSITrend_x10 - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
RSITrend_x10 - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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