RSX RSI Bar Chart Indicator
Platform: MT4 Type: Oscillator Last update: September 28, 2024The RSX RSI Bar Chart Indicator for MT4 displays custom bars calculated based on the Relative Strenght Index and the RSX indicator. Pay attention to the 20 and 80 levels, which are respectively oversold and overbought zones. When its bars falls below 20 level, the price will make a high-probability reversal. Similarly, the bars rises above 20 level, you can expect a downfall.