The RSI of Averages Summed Histo is a useful Forex indicator for MT4 which is popular among traders. It is a free indicator that can be used to identify potential entry and exit points in the Forex market. The indicator works by calculating the average of the price action over a certain period and then plotting the results onto a histogram. This allows traders to easily identify the direction of the price action and make informed decisions. The RSI of Averages Summed Histo indicator is based on the Relative Strength Index (RSI) which is a momentum indicator used to measure the velocity and magnitude of directional price movements. The indicator uses the RSI of the averages of the price action over the selected period and then sums them up to give a clear indication of the overall trend. The indicator also provides traders with an indication of whether the trend is gaining or losing momentum. The indicator is easy to use and can be customised to suit individual trading needs. It is a great tool for any Forex trader and is available for free on the MT4 platform.
MT4
RSI Of Averages Summed Histo
The RSI of Averages Summed Histo is a free and popular Forex indicator for MT4 trading platforms. The indicator works by summing up the average RSI values of several time frames and then plotting the result on a histogram. Overall, the RSI of Averages Summed Histo is a useful and popular Forex indicator for MT4 trading platforms that can help traders make better trading decisions.
Indicator Type | |
---|---|
Trading Style | , |
Timeframe | , |
Platform |
0
People watching this product now!
Category: Signal
Downloads - 25
Description
Reviews (0)
Be the first to review “RSI Of Averages Summed Histo” 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
Swing Point Highs
The Swing Point Highs and Lows indicator is a new, popular and free MT4 technical analysis tool for forex traders. This indicator works by identifying swing points on a price chart and then drawing horizontal lines to indicate potential support and resistance levels. The swing point high and low indicator is a valuable tool for traders who want to identify key support and resistance levels and is suitable for both beginners and experienced traders.
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.
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.