RSI Stop Loss and Reversal Indicator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
This RSI Stop and Reverse indicator uses RSI on Price v2 ticker. The RSI horizontal bands can be hidden if desired. - Free download of the "RSI Stop and Reverse Indicator" indicator for MetaTrader 4 by "maximo" in the MQL5 code base, April 23, 2021
Attachment download
📎 rsi_stopmreverse.mq4 (6.39 KB)
Source: MQL5 #34502
RSI Stop Loss and Reversal Indicator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
RSI Stop Loss and Reversal Indicator - 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 only on titles or short-term profit descriptions.
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