RSI and BB - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
This indicator consists of RSI and Bollinger Bands calculated based on it, it also draws arrow bands when the RSI value goes outside the bands and enters the bands again.
Attachment download
📎 rsi_bands_v1.mq4 (3.12 KB)
Source: MQL5 #27853
RSI and BB - MetaTrader 4 script | Foreign exchange indicator download - MT4/MT5 resource usage and screening suggestions
RSI and BB - 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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