MetaTrader 5 MT5 Indicators RSI with on chart SR levels – indicator MetaTrader 5

RSI with on chart SR levels – indicator MetaTrader 5

Theory :

This is RSI with on-chart support / resistance levels displayed. The way how it is done is explained in more detail here : CCI With on-chart SR Levels

Usage :

You can use it as any regular RSI and you can use the color changes as signals


The “big picture” example


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Alternative:   ColorMFI_X20_Cloud - indicator MetaTrader 5