Recruitment of participants RSI Scanner Plus Indicator Forex

Forex RSI Scanner Plus Indicator

With Forex RSI Scanner Plus Indicator you can see all RSI values from all symbols/instruments and all timeframes in the single chart!

Knowing in advandce when to start and when to stop your trades.

Avoid opening positions blindly. With this scanner you will know early when the market is oversold or overbought in all timeframes levels and all symbols at the same time. So you can make trading decisions confidently.

How much time do you spend if you move from one timeframe to another and also from one symbol to another? While the market always moves every second. Now you can do the job easily and efficiently with RSI Scanner Plus Indicator. Attach it on your chart and you will see the dahboard display RSI values and getting alert to your mt4 mobile, email and also alert on the chart.



Red boxes – the price currently overbought and blue boxes – the price currently oversold. You can change their color thru input setting. The values inside the boxes are RSI values and you can change RSI setting.

RSI Scanner Plus is an Indicator for Metatrader 4 (MT4). It scans The Relative Strength Index (RSI) in Multi Symbols and Multi Timeframes. All Symbols available in the market watch and all timeframes in the MT4 from M1 to Monthly timeframe. Symbols and timeframes are adjustable thru user inputs. For example , you want to scan RSI from EURUSD and GBPUSD timeframe M5 and M15 only, then you can adjust it in the user inputs.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements.
Momentum is the rate of the rise or fall in price. The RSI computes momentum as the ratio of higher closes to lower closes: stocks which have had more or stronger positive changes have a higher RSI than stocks which have had more or stronger negative changes.

The RSI provides signals that tell investors to buy when the security or currency is oversold and to sell when it is overbought.

Scanning RSI from multi frames can help to get stronger signal because it indicates that the RSI of the various timeframes has the value we are looking for.
Scanning RSI from multi symbols can increase the opportunity to get signal quickly. Also we can find the correlations between symbols easily for analytical purposes.

A POWERFUL TRADING STRATEGY RSI SCANNER PLUS AND TREND LINE
Beside you get RSI datas you will also see the trend in the current chart. If you combine them you will have high profits opportunity. You can also change trend period. This is additional feature of Forex RSI Scanner Plus Indicator. We consider that following the trend is very important in trading.

See Trendline in the image below:



Adjustable Panel Display and Hide/Show Dashboard

You can hide or show dashboard on the chart and also you can change the display of panels. In case you have some indicators in your chart and want to see them without being hindered by the dashboard then hide it. See button on the top left of the dashboard.

Check out the display variations below:

 

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