MetaTrader 4 MT4 Indicators Breaking Out with RSI – indicator MetaTrader 4

Breaking Out with RSI – indicator MetaTrader 4

Description:

A very useful trend indicator based on the last 16 candles’ highs & lows, plus an indication of favourable/unfavourable RSI in the direction of trend indicated.

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Alternative:   Design patterns - Prototype (creational) - library MetaTrader 5