Dynamic Zone RSI Indicator
MT4 Channel TradingFree DownloadThe Dynamic Zone RSI Indicator is a forex technical analysis tool that combines RSI and two floating bands.
The indicator is displayed in a separate window placed just below the main trading chart.
The bands act in a similar manner to support and resistance. The purple band acts as a resistance level, while the orange band acts as a support level.
You should look for buy trades when RSI falls below the orange support band and crosses back above. Similarly, you should look for sell trades when RSI rises above the purple resistance band and crosses back below.
Go ahead and add it to your best trading system.
