RSI MA Indicator for Metatrader 4

The RSI MA Indicator for MT4 is a unique combination of (what a surprise) the Relative Strength Index and the Moving Average, however it acts typically as oscillator.

That gauge usually takes only two values: zero and one. When the red signal line indicates 0 value, is means a bearish trend. Similarly, when the red signal line indicates 1 value, is means a bullish trend.

Example chart:

rsi ma indicator example chart

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