RSI with Trend Catcher Signal Indicator
Platform: MT4 Type: Oscillator Last update: September 28, 2024The RSI with Trend Catcher Signal Indicator is based on the Relative Strength Index, but it colorizes the signal line according to the trend direction. When the RSI signal line is green it means that the signal is positive and the trend is considered bullish. Conversely, when the RSI signal line is red it means that the signal is negative and the trend is considered bearish.