Introduction to RSI on MA Indicator

Moving average crossovers are a popular way traders can identify trends and trend reversals. This simple, yet powerful method is easy to identify for new traders.

The RSI MA Indicator is a simple oscillator that identifies trend reversals based upon moving average crossovers.

What's the RSI for MA Indicator?

The RSI on MA indicator is a technical indicator that combines two commonly used indicators, the Relative Strength Index(RSI) or the Moving Average (MA).

This indicator is an oscillator-type technical indicator that plots two lines which oscillate between 0 and 100. Based on the interaction of these lines, you can identify the trend or direction of momentum. Bullish when the crimson lines are above the lime-green line, and bearish when the crimson lines is below the lime-green line.

How does the RSI work on MA Indicator?

The RSI of MA Indicator works exactly as its name implies. It's basically an RSI that combines two moving average lines. The crimson line is the RSI for a moving average that is faster, and the lime green line the RSI for a moving average that is slower.

How do you use the RSI in MA Indicator for MT4?

You can modify this indicator's settings to make it more useful.

"RSIPeriod", refers to the number and duration of periods used for computing the RSI of moving average lines.

"MA1" is the number of bars required to calculate the faster moving average line.

"MA2" is the number of bars required to calculate the slower moving average line.

"MAMode" allows users the ability to modify the type of moving average lines being used. "MAPrice" allows users the option to select which price point on a candle is used to calculate the moving average lines.

This indicator can also be used to indicate a trend or direction. This indicator will be determined by how the lines stack up, as described above.

It can be used to indicate a trend or momentum reversal. This would be based upon the crossing of the lines. This is best done when it confluences with other technical indicators.

Trade Setup

How to Enter?

When the faster oscillator line crosses over the slower one, open a buy trade. Place the stop loss below the entry candle.

When do you want to exit?

When the faster oscillator line crosses under the slower one, close the trade.

Setup for Trades

How to Enter?

When the faster oscillator line crosses under the slower one, open a sell trade. Place the stop loss at the resistance higher than the entry candle.

When do you want to exit?

When the faster oscillator line crosses over the slower one, close the trade.

Conclusion

This indicator uses the crossover of two oscillator lines to detect trend or momentum reversals. It is however not as accurate due to lag. This is because this indicator is based in part on the concept moving average crossovers which can have lag. This indicator adds a technical indicator layer to the moving averages using RSI. It also adds lag.

This indicator has a lag but traders can modify its variables to make the indicator more responsive for trend detection and trend reversals.

Indicators MT4 - Download Instructions

RSI on MA indicator for MT4 (Metatrader 4 or MT4) is a Metatrader4 (MT4) indicator. The essence of this indicator is to transform the accumulated historical data.

RSI on MA indicator for MT4 allows you to spot patterns and peculiarities in price dynamics that are not visible to the naked eye.

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How do I install RSI in MA Indicator for MT4.mq4

• Download RSI for MA Indicator MT4.mq4
• Copy RSI for MA Indicator to MT4.mq4 and add it to your Metatrader directory / experts/ indicators.
• Metatrader 4 Client can be restarted or started
• Choose Chart and Timeframe to test your MT4 indicator
• You can search "Custom Indicators" using your Navigator, mostly left in your Metatrader4 Client
• Right click on the MA Indicator RSI for MT4.mq4
• Attach a chart
• Change settings or click ok
• Your Chart has the Indicator RSI for MA Indicator For MT4.mq4.

How do I remove RSI from MA Indicator for MT4.mq4?

• Select the Chart in which the Indicator is running in your Metatrader4 Client
• Right-click to open the Chart
• "Indicators list"
• Select the indicator and click delete

RSI for MA Indicator for MetaTrader4 (Free Download).

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