Dynamic Zone RSI Indicator

Platform: MT4 Type: Channel

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Last update: November 1, 2024

The Dynamic Zone RSI Indicator for MT4 is a forex technical analysis tool that combines RSI and two floating bands.

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.

Example chart:

dynamic zone rsi example chart