Unlock Trading Insights with the ConsecutiveRSI Indicator for MetaTrader 5

Mike 2019.02.19 02:35 17 0 0
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Hey there, fellow traders! Today, I want to introduce you to a nifty tool that can enhance your trading strategy — the ConsecutiveRSI indicator for MetaTrader 5. This is a cool combination of a variable consecutive candle detector and the ever-reliable RSI levels.

Here are some interesting settings to consider:

  • Number of consecutive candles required for a valid signal
  • Overbought level of the RSI
  • Oversold level of the RSI

Consecutive Candles with RSI 1

Consecutive Candles with RSI 2

Consecutive Candles with RSI 3

If you're interested in getting your hands on this indicator, check it out in the marketplace: ConsecutiveRSI on MQL5.

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