Double RSI Trading Signals Indicator For Metatrader 5 (MT5)

The double RSI trading signals indicator for Metatrader 5 is called “RSI with RSI”.

It uses two different RSI periods to generate both entry and exit signals on any instrument.

The indicator consists of orange and blue dots positioned above or below the candlesticks.

Free Download

Download the “RSI with RSI.mq5” MT5 Forex Indicator

Example Chart

Trading Signals From This MT5 Indicator

Buy signal: Open buy order when a blue dot appears on the activity chart.

Sell signal: Open sell order when an orange dot appears on the activity chart.

Tip: Use this indicator in conjunction with other forex indicators and/or technical tools for more accurate buy/sell trading signals.

Download

Download the “RSI with RSI.mq5” MT5 Forex Indicator

MT5 Indicator Characteristics

Currency pairs: Any

Trading Platform: Metatrader 5 (MT5)

Type: chart window indicator

Customization options: RSI short period, RSI long period, RSI level up, RSI level down, Short MA period, Long MA period, Price.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: RSI indicator

Installation

Copy and paste the RSI with RSI.mq5 indicator into the MQL5 indicators folder of the Metatrader 5 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL5 > Indicators (paste here)