The adaptive RSI Forex indicator for Metatrader 4 is solely based on RSI and provides easy-to-trade buy and sell signals that work.
The indicator appears in a separate chart window underneath the activity chart in the form of a colored blue line.
How to interpret?
- Generally, a rising Adaptive RSI indicator line suggests that the trend is upwards.
- A falling adaptive RSI indicator line suggests that the trend is downwards.
The indicator works on all trading instruments (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities,..).
Free Download
Download the “adaptive-rsi-indicator.mq4” indicator for MT4
Indicator Example Chart (EUR/USD H1)
How to trade with it (example)?
Open a buy trade position whenever the Adaptive RSI signal line is clearly trending up.
Open a sell trade position whenever the Adaptive RSI signal line is clearly trending down.
Confirm the trade with additional tools.
Take profit ideas: Exit the trade for a fixed profit target, near support/resistance, or wait for an opposite trading signal.
Feel free to use your own favorite trading method to open and close trades with the Adaptive RSI Forex indicator.
Indicator Specifications
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: ARSI period, color settings & style
Indicator type: RSI
Repaint? Does not repaint the Adaptive RSI signal line.
Download Now
Download the “adaptive-rsi-indicator.mq4” indicator for Metatrader 4
Adaptive RSI + SuperTrend MTF Forex Strategy for MT4
This trading strategy uses the strength of the Adaptive RSI Forex Indicator along with the trend-following precision of the SuperTrend MTF Signal Indicator.
The combination is designed to catch high-probability trades by entering only when both momentum (from the RSI) and the higher-timeframe trend (from SuperTrend MTF) align.
This setup is best for intraday and short-term swing trading, especially on the M15, H1, and H4 charts.
What Is This Strategy About?
The Adaptive RSI adjusts its overbought/oversold zones dynamically based on market volatility, making it more responsive than the classic RSI.
It helps identify strong entry zones based on momentum shifts.
The SuperTrend MTF Signal Indicator displays trend signals based on higher-timeframe price action, helping traders avoid entering against the dominant trend.
When both indicators confirm a direction, you get a more reliable setup with reduced noise and stronger confirmation.
Buy Rules
Conditions:
- The Adaptive RSI crosses above the adaptive oversold zone, indicating rising momentum.
- The SuperTrend MTF Signal shows a confirmed buy (green signal), aligning with the higher-timeframe trend.
Entry:
Enter a buy trade when the Adaptive RSI shows a bullish reversal and the SuperTrend MTF confirms a bullish trend on a higher timeframe.
Stop Loss:
Set the stop loss just below the recent swing low or the SuperTrend support line.
Take Profit:
Use a 1:2 or 1:3 risk-to-reward ratio, or close the trade when the Adaptive RSI nears the overbought zone or the SuperTrend MTF changes to bearish.
Sell Rules
Conditions:
- The Adaptive RSI crosses below the adaptive overbought zone, signaling weakening momentum.
- The SuperTrend MTF Signal shows a confirmed sell (red signal), in line with the higher-timeframe trend.
Entry:
Initiate a sell position when both the Adaptive RSI turns bearish and the SuperTrend MTF confirms the downtrend.
Stop Loss:
Place the stop loss above the latest swing high or above the SuperTrend resistance line.
Take Profit:
Target a fixed 2:1 or 3:1 reward-to-risk ratio, or exit when RSI reaches adaptive oversold or SuperTrend flips to bullish.
Advantages
- Combines momentum reversal with multi-timeframe trend confirmation.
- Filters out weak trades by aligning RSI signals with the bigger picture trend.
- Suitable for trend trading and reversal setups.
- Works across multiple pairs and timeframes.
Drawbacks
- It may give fewer signals due to strict alignment rules.
- Lag can occur with MTF trend signals in rapidly reversing markets.
- Not ideal during sideways or low-volume periods.
Conclusion
The Adaptive RSI + SuperTrend MTF Forex Strategy is ideal for traders looking to combine momentum timing with trend alignment.
The Adaptive RSI Indicator ensures you’re entering during strong momentum shifts, while the SuperTrend MTF Signal Indicator keeps you trading in the direction of the dominant trend.
Together, they create a well-balanced and disciplined trading approach that helps filter out noise and increase accuracy.
Installation:
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the adaptive-rsi-indicator.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.
