RSI Slowdown MetaTrader 4 Forex indicator is based on the idea that before the price and the indicator itself turn, the indicator rate slows down first and only then turns. As such, the areas are searched where the price begins to stagnate in the overbought or oversold zone of the fast RSI indicator.
The indicator can mark these zones with both arrows and stripes on the chart (selected in the settings). Here is also possible to disable the search for RSI decelerations in the settings – in this option, the indicator will show only exceeding the RSI levels specified in the settings: LevelMax and LevelMin.
RSI Slowdown MT4 Indicator – Download Instructions
In order to transform accumulated history data, you need to install a MetaTrader 4
RSI Slowdown - it is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.
Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
How To Install RSI Slowdown MT4 indicator for MetaTrader 4.mq4?
Download indicator for MetaTrader 4.mq4
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Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your mt4 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
Right click on RSI Slowdown MT4 for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Indicator for MetaTrader 4.mq4 is available on your Chart
How to remove RSI Slowdown MT4 Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?
Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
Select the Indicator and delete
Related Indicator: RSISignal MetaTrader 4 Forex Indicator
Download RSI Slowdown MetaTrader 4 Forex Indicator