How much time do you spend if you move from one timeframe to another and also from one symbol to another? While the market always moves every second. Now you can do the job easily and efficiently with RSI Scanner Plus Indicator. Attach it on your chart and you will see the dahboard display RSI values and getting alert to your mt4 mobile, email and also alert on the chart.
Red boxes - the price currently overbought and blue boxes - the price currently oversold. You can change their color thru input setting. The values inside the boxes are RSI values and you can change RSI setting.
RSI Scanner Plus is an Indicator for Metatrader 4 (MT4). It scans The Relative Strength Index (RSI) in Multi Symbols and Multi Timeframes. All Symbols available in the market watch and all timeframes in the MT4 from M1 to Monthly timeframe. Symbols and timeframes are adjustable thru user inputs. For example , you want to scan RSI from EURUSD and GBPUSD timeframe M5 and M15 only, then you can adjust it in the user inputs.
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements.
Momentum is the rate of the rise or fall in price. The RSI computes momentum as the ratio of higher closes to lower closes: stocks which have had more or stronger positive changes have a higher RSI than stocks which have had more or stronger negative changes.
The RSI provides signals that tell investors to buy when the security or currency is oversold and to sell when it is overbought.
Scanning RSI from multi frames can help to get stronger signal because it indicates that the RSI of the various timeframes has the value we are looking for.
Scanning RSI from multi symbols can increase the opportunity to get signal quickly. Also we can find the correlations between symbols easily for analytical purposes.
Beside you get RSI datas you will also see the trend in the current chart. If you combine them you will have high profits opportunity. You can also change trend period. This is additional feature of RSI Scanner Plus indicator. We consider that following the trend is very important in trading.
See Trendline in the image below
Adjustable Panel Display and Hide/Show Dashboard
You can hide or show dashboard on the chart and also you can change the display of panels. In case you have some indicators in your chart and want to see them without being hindered by the dashboard then hide it. See button on the top left of the dashboard.
Check out the display variations below:
Click box in the panel to open appropriate symbol and timeframe.
Watch the video below for more details:
What will you get if you purchase RSI Scanner Plus?
1. RSI Scanner Plus Indicator file.
2. User guide PDF file.
Contents included : Indicator details, installation, how to set email alert and mobile alert, how to trade with RSI Scanner Plus Indicator, contact info.
# Can I install 'RSI Scanner Plus' on a Metatrader 5?
# I am new entrant to forex trading. Will you help me to install 'RSI Scanner Plus'?
# Do you provide Money Back Guarantee if in any reason I do not satisfy with your product?
# How do you send the product?
# Does 'RSI Scanner Plus' work on Metatrader Mobile such as Android or IOS?
# Do I need to buy any other softwares to use 'RSI Scanner Plus'?
# Do I have to pay a monthly fee?
Our policy on refunds can be stated in two words: No Refunds. If the software you purchase from us is defective, we will replace it for you at no additional charge. But all sales are final. We are sorry we have to take such a hard line, but far too many clowns who are in the Forex arena have a habit of buying and refunding regardless of the quality of the product. This creates issues with our credit card service companies which end up costing us a great deal of money simply because a significant number of people lack both respect for the work of others, and any sense of general morality. So again:
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CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.
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