Author:Victor G. Lukashuck
The Relative Strength Index (RSI) combined with the Moving Average Convergence/Divergence (MACD) indicator is a powerful tool that can really sharpen your trading edge. This combo helps you spot price divergences in real-time, making it easier to make informed trading decisions.
You’ll often see short-term reversals clearly on the 1, 5, and 15-minute charts. When the MACD signal line crosses over the RSI, it’s a strong signal to consider entering the market. Keep an eye on the RSI line, as it changes color to signal these opportunities.
This indicator leverages the СMoving_Average class from the SmoothAlgorithms.mqh library. If you're curious about how this class works, check out the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers" for a deeper dive.
Originally developed in MQL4, this indicator was first shared in the Code Base back on September 8, 2009. It’s come a long way since then!
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