About the MA RSI BB Forex Indicator
MA RSI BB for MT4 combines three powerful tools—MACD, RSI, and Bollinger Bands—into a single indicator designed to simplify trading decisions.
It shows potential trend shifts, entry points, and exit levels in a separate chart window, helping traders spot opportunities quickly.
A buy trend is signaled when the dark blue line crosses above the middle white line, while a sell trend occurs when the dark blue line crosses below the middle white line.
The indicator can be used as a standalone system or as a confirmation tool alongside other strategies.
Its combined approach helps reduce false signals while highlighting the strongest moves in the market.
Free Download
Download the “MA_RSI_BB.mq4” indicator for MT4
Key Features
- Blends MACD, RSI, and Bollinger Bands in one indicator
- Signals buy when the dark blue line crosses above the white middle line
- Signals sell when the dark blue line crosses below the white middle line
- Appears in a separate MT4 chart window for easy visualization
- Flexible for multiple timeframes and currency pairs
- Can be used standalone or as a trend filter for other systems
Indicator Chart
The MA RSI BB chart shows the dark blue line interacting with the white middle line in a separate window below the main price chart.
Buy trends occur when the blue line crosses above the white line, and sell trends appear when it crosses below.
The combination of MACD, RSI, and Bollinger Bands helps visualize both trend direction and momentum at a glance.
Guide to Trade with MA RSI BB Indicator
Buy Rules
- Wait for the dark blue line to cross above the middle white line
- Confirm upward momentum using the slope of the line
Sell Rules
- Wait for the dark blue line to cross below the middle white line
- Confirm downward momentum using the slope of the line
Stop Loss
- Place below the recent swing low for buys
- Place above the recent swing high for sells
- Move to breakeven after partial profits are secured
Take Profit
- Close part of the trade when the dark blue line flattens or reverses
- Let the rest run toward the next support for buys or resistance for sells
Practical Tips
- Avoid trading when lines are flat or choppy, indicating low momentum
- Use as confirmation alongside price action or other filters for stronger entries
MA RSI BB + Keltner Channel MT4 Day Trading Strategy
This day trading strategy combines the MA RSI BB Forex Indicator for MT4 with the Keltner Channel with Signals for MT4.
The MA RSI BB indicator generates a buy signal when the dark blue line crosses above the middle white line (50 level) and a sell signal when it crosses back below.
The Keltner Channel indicator provides trend confirmation using blue stars for bullish trends and brown stars for bearish trends.
Combining these indicators helps traders identify trend direction and precise entry points for intraday trades.
Why this strategy works
This strategy works by combining momentum and trend confirmation.
The MA RSI BB indicates the market’s momentum, signaling potential buy or sell opportunities, while the Keltner Channel confirms the trend direction.
This reduces false entries and allows traders to capture high-probability moves during the day.
Buy Entry Rules
- Wait for the dark blue line on the MA RSI BB to cross above the middle white line (50 level).
- Confirm a blue star appears on the Keltner Channel, indicating a bullish trend.
- Enter a buy trade at the open of the next candle after both conditions are met.
- Place the stop loss below the most recent swing low or below the lower Keltner Channel band.
- Set the take profit at the next resistance level or based on a 1:2 risk-reward ratio.
- Exit early if the dark blue line crosses below the 50 level or a brown star appears.
Sell Entry Rules
- Wait for the dark blue line on the MA RSI BB to cross below the middle white line (50 level).
- Confirm a brown star appears on the Keltner Channel, indicating a bearish trend.
- Enter a sell trade at the open of the next candle after both conditions are met.
- Place the stop loss above the most recent swing high or above the upper Keltner Channel band.
- Set the take profit at the next support level or based on a 1:2 risk-reward ratio.
- Exit early if the dark blue line crosses above the 50 level or a blue star appears.
Advantages
- Combines momentum and trend confirmation for more reliable trades.
- Provides clear entry and exit signals.
- Suitable for multiple currency pairs and timeframes, especially M15 and H1 for intraday trading.
- Helps reduce false entries during minor retracements.
- Offers disciplined stop loss and take profit guidelines.
Drawbacks
- May produce delayed entries if trend confirmation lags momentum signals.
- Requires monitoring of both indicators for accurate timing.
- Stop loss and take profit levels may need adjustment depending on the pair and session.
Case Study 1 – AUD/USD H1
During the Sydney session, AUD/USD showed the dark blue line crossing above 50 on the MA RSI BB, while a blue star appeared on the Keltner Channel.
A buy trade was entered at 0.6725 with a stop loss at 0.6715 and a take profit at 0.6745.
The trade followed the trend and reached the target within 90 minutes for a 20-pip gain.
Case Study 2 – USD/JPY H1
During the New York session, USD/JPY displayed the dark blue line crossing below 50 on the MA RSI BB and a brown star on the Keltner Channel.
A sell trade was entered at 147.30 with a stop loss at 147.50 and a take profit at 147.05.
The trade hit the target within two hours, resulting in a 25-pip gain.
Strategy Tips
- Use M15 or H1 charts for intraday trading.
- Focus on liquid pairs like AUD/USD, USD/JPY, EUR/USD, and GBP/USD for tighter spreads.
- Avoid trading during major economic news releases to minimize volatility risk.
- Adjust stop loss and take profit levels according to volatility and session behavior.
- Follow both indicators strictly for disciplined entries and exits.
- Consider using additional support and resistance levels to improve trade precision.
Download Now
Download the “MA_RSI_BB.mq4” indicator for Metatrader 4
FAQ
Can I adjust the indicator settings?
Yes. You can customize MACD, RSI, and Bollinger Bands settings to match your trading style and preferred timeframe.
How do I interpret weak signals?
When the dark blue line crosses only slightly above or below the white line, the signal may be weak.
It’s best to confirm trend direction using other indicators or higher timeframes.
Can this indicator be used for short-term scalping?
Yes, it works well on lower timeframes such as M1 or M5.
Use smaller stops and monitor trades actively to manage market noise.
Summary
MA RSI BB is a versatile MT4 indicator that blends MACD, RSI, and Bollinger Bands into a single, easy-to-read tool.
It signals potential trend changes with precise buy and sell crossings, helping traders identify strong entries.
Its flexibility allows use across multiple timeframes and trading styles, from scalping to swing trading.
The combined indicators provide a clear picture of market momentum and trend direction, making it a practical and powerful addition to any trader’s toolkit.
