RSI Peak Valley Levels Indicator for MT4

RSI Peak Valley Levels Indicator

Platform: MT4 Type: Oscillator
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Last update: November 11, 2024

The RSI Peak Valley Levels Indicator for MT4 is responsible for marking all tops and bottoms of the Relative Strenght Index. These points are useful to undestand when the price reaches overbought or oversold zone. Another use case is to connect these dots in order to draw divergence line.

Example chart:

rsi peak valley levels example chart

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