The RSI 2TF Indicator is a useful and popular free Forex indicator for the MT4 platform. It is a momentum indicator that measures the speed and change of price movements. The indicator is designed to identify short-term overbought and oversold markets, which can be used to identify potential reversal points. The RSI 2TF Indicator is composed of two Relative Strength Index (RSI) indicators that are applied to two different timeframes. The first RSI indicator is applied to a shorter timeframe and the second RSI indicator is applied to a longer timeframe. The two RSI indicators are then combined to form a single indicator that can be used to identify potential reversal points. The RSI 2TF Indicator is used to identify short-term overbought and oversold markets. When the indicator is overbought, it is a signal that the market is overbought and could be due for a reversal. When the indicator is oversold, it is a signal that the market is oversold and could be due for a reversal. The indicator can also be used to identify potential entry and exit points.
MT4
RSI 2Tf Indicator
The RSI 2TF Indicator is a useful and popular free forex indicator for MT4. It is based on the Relative Strength Index (RSI) and uses two timeframes to generate signals. The RSI 2TF indicator is a great tool for forex traders and can be used to improve trading performance.
Trading Style | , |
---|---|
Indicator Type | |
Timeframe | , |
Platform |
0
People watching this product now!
Categories: Signal, Stochastic
Downloads - 5
Description
Reviews (0)
Be the first to review “RSI 2Tf Indicator” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
MACD Crossover Arrows & Alert
The MACD Crossover Arrows Alert indicator is a useful and free forex indicator for the MT4 trading platform. This indicator is designed to detect and signal bullish and bearish moving average convergence-divergence (MACD) indicator crossover signals. It draws arrows on the chart to indicate the direction of the trend, making it easier for traders to identify trading opportunities. The MACD Crossover Arrows Alert indicator is a popular and free tool for Forex traders of all skill levels.
Tick V2
The Tick V2 Indicator is a new and popular forex indicator designed specifically for the MT4 platform. The green curved line in the indicator window represents the ticking line and shows the rise and fall of trading activities taking place every second, helping traders to determine the strength or weakness of the current market movement.
Schaff Trend Cycle
The Schaff Trend Cycle indicator is a popular forex indicator for MT4, which determines market trends with high accuracy. Its values range from 0 to 100, with values above 75 indicating overbought and values below 25 indicating oversold. Whether you are a beginner or an experienced trader, the Schaff Trend Cycle indicator will help you make better trading decisions and improve profitability.
Reviews
There are no reviews yet.