Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

RSI levels appear as bands on price - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resources

author EAcpu | 2 reads | 0 comments |

RSI levels rendered on price as bands - indicator for MetaTrader 4

RSI levels rendered on price as bands - indicator for MetaTrader 4

RSI levels rendered on price as bands - indicator for MetaTrader 4 RSI levels appear as bands on price

RSI 70 horizontal line is green
Rsi 50 horizontal line is gray
The RSI 30 horizontal line is red and you can use Level_Adjust to adjust the level.


Attachment download

📎 rsi_on_price.mq4 (4.83 KB)

Source: MQL5 #34461

RSI levels appear as bands on price - MetaTrader 4 script | Trading script download - MT4/MT5 resource usage and screening recommendations

The RSI level appears as a band on the price - MetaTrader 4 Script | Trading Script Download - MT4/MT5 resources are trading script 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.

Verification code Refresh