RSIMA Baseline Divergence Arrows Indicator
Platform: MT4 Type: Pattern Last update: October 6, 2024The 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.