ChainPriceRSI - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
The Forex indicator ChainPriceRSI is based on the Relative Strength Index and the Master indicator.
Chain Price RSI is an indicator of trendline arrows indicating the direction of opening orders.
How to use the ChainPriceRSI indicator:
Last update 20/03/2015: eliminated some errors I encountered when using the tool MovingAverages.mqh
Attachment download
📎 chainpricersi.mq4 (6.99 KB)
📎 chainpricersi_update_01.mq4 (7.09 KB)
Source: MQL5 #11691
ChainPriceRSI - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
ChainPriceRSI - MetaTrader 4 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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