RSIMA Baseline Divergence Arrows Indicator for MT4

The RSIMA Baseline Divergence Arrows indicator works great at filtering those divergence signals.

Divergences are only visible on this indicator if:

  • If RSI MA is outside 80 Overbought, Bearish Divergence signal will appear (to forecast a reversal to the downside);
  • If RSI MA is outside 20 Oversold, Bullish Divergence signal will appear (to forecast a reversal to the upside);

Additionally, you will see an arrow placed directly on the chart when the signal occurs.


Related products