Chandelier Exit
Back to products
B-Bands Stop V1
MT5
Watch video
Click to enlarge

RSI MA Indicator

The RSI MA indicator for MT5 is an RSI on MA indicator that displays market trend conditions. This indicator is popular among forex traders, as it provides them with a reliable and accurate way to analyze the market.

Trading Style

Indicator Type

Timeframe

,

Platform

Add to wishlist
0 People watching this product now!
Category:

Downloads - 35

Download now
Description

The RSI MA indicator for MT5 is an optimized RSI indicator that accurately displays the overall trend direction of the market. This technical tool is designed to help Forex traders identify trend conditions of the financial markets more accurately than the traditional RSI indicator.

Therefore, the indicator can be used by scalpers, day/intraday, or swing traders for trend analysis and to identify the choppy and trending conditions of an instrument in the financial market. More so, it is chart-friendly and simple to understand, making it a suitable tool for beginners and expected Forex traders.

Features of the RSI MA Indicator for MT5

The indicator combines the features of the Relative Strength Index (RSI) and the Moving Average (MA) to display a more smoothed price data of the RSI. The indicator’s moving average smooths and displays the RSI data, below the main chart.

Therefore, the RSI MA Indicator for MT5 significantly reduces false RSI signals caused by price fluctuation. Hence, it is an optimized tool for identifying the true direction of the market.

Furthermore, the indicator’s parameters support customization, which enables users to adjust it to suit their trading styles.

Benefits of Using the Indicator

  • Trend Identification: The indicator enhances accurate identification of the overall direction of the market. This enables better trend analysis, which helps trades in making informed decisions.
  • Reduces Noise and False Signals: The indicator’s MA helps to smooth the fluctuations of the RSI, which enables traders to accurately identify when the market is trending or choppy.

Indicator Settings Description

The indicator comes with the following customizable settings:

RSI period: Determines the RSI period for trend analysis.

RSI applied price: Determines the mode of the RSI applied price.

Smoothing period: Determines the RSI smoothing period.

Smoothing method: Determines the RSI smoothing method.

Reviews (0)

Reviews

There are no reviews yet.

Be the first to review “RSI MA Indicator”

Your email address will not be published. Required fields are marked *

1 2 3 4 5
1 2 3 4 5
1 2 3 4 5

How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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

MT4
Quick view
Add to wishlist

MACD 2 Line

Updated and improved MACD 2 Line indicator with 2 lines and multicolor histogram. Best for trend based forex traders. Simple crossover based buy and sell entry and exit signals. Measure trend and anticipate reversals. Download NOW and improve your trading performance.  
MT4
Quick view
Add to wishlist

Vortex Indicator

,
Identify the beginning of bullish and bearish forex price trends with crossover of the indicator lines with Vortex indicator. Easy identification of trend direction and strength helps to exit early to retain profits as much as possible. Free to use. Download this MetaTrader indicator now.
MT4
Quick view
Add to wishlist

Power Trend

The Power Trend indicator for MT4 is a new and free popular forex technical analysis tool that helps traders identify trends, their direction, and strength visually in different colors. The colored histogram of the Power Trend indicator helps traders plan their trading strategies by providing insights into the trend's strength and maturity level. The indicator changes color to indicate weak or strong trends, allowing traders to maximize their profits and exit the trade at the right time. Download the Power Trend indicator for free and enhance your trading experience.
MT4
Quick view
Add to wishlist

AO Divergence

,
The AO Divergence Indicator is a useful BE4 tool for forex traders who want to identify divergence patterns in the market. This new MT4 indicator is popular with traders due to its effectiveness in spotting divergence patterns and predicting potential price reversals. It works by analyzing the Awesome Oscillator (AO) and highlighting divergence patterns that may indicate possible trend changes. The AO Divergence Indicator is easy to use and can be a valuable addition to any trader's toolbox.
MT4
Quick view
Add to wishlist

Rsi 3Tf Alert

,
Get three time frames RSI crossover trading signals with RSI 3TF Alert indicator. Provides a different approach to combine RSI for forex buy and sell arrow trading signals with alerts. With Built-in filter for high probability trading signals. Free to download and easy to install.
MT4
Quick view
Add to wishlist

Synthetic VIX

,
The Synthetic VIX Indicator is a popular and free Forex indicator for the MT4 trading platform. The indicator utilizes a combination of price action and signals from multiple time frames to accurately predict market movements. The Synthetic VIX indicator can be used to identify potential entry and exit points in the market, as well as to identify trend reversals and breakouts. It is designed to provide traders with an easy to use and reliable indicator that can help them make informed trading decisions. With its accurate and reliable signals, the Synthetic VIX Indicator is a great tool for any trader looking to improve their trading performance.
MT4
Quick view
Add to wishlist

ROC Indicator

,
The ROC Indicator is a popular and useful Forex indicator for MT4 that is free to download. It is used to measure the rate of change in price movements over a given time period. The indicator is useful for traders as it can help identify when a price is overbought or oversold, and when a trend is reversing. The ROC Indicator is a popular and useful tool for traders who want to make informed decisions about their trading strategies.
MT4
Quick view
Add to wishlist

Chaikin Money Flow

The Chaikin Money Flow indicator for MT4 detects buying and selling pressure in the market. Overall, it is a helpful tool for traders looking to gain an edge in the forex market.