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MetaTrader 4 Indicator | RSI MA Trade Sist Chart

The indicator points to the potential entry points. It is based on the analysis of two moving average indicators and one RSI indicator.

Description of the indicator settings:

  • FastEMA — The averaging period for the indicator calculation — fast Moving Average.
  • SlowEMA — The averaging period for the indicator calculation — slow Moving Average.
  • RSIPeriod — Averaging period for the RSI calculation.
  • shift — index of obtained value from the indicator buffer (shifting back by specified periods relative to the current bar). Recommended value is 1, at 0 there will be a lot of false signals, as the signals will be formed on the current unfinished bar.
  • Alerts — show a dialog box containing user data.
  • Text_BUY — custom user-defined text to display the buy signal.
  • Text_SELL — custom user-defined text to display the sell signal.
  • Send_Mail — sending an email using an address specified on the Email tab of the options window.
  • subject — custom user-defined text to use as the email header.
  • Send_Notification — sends push notifications to the mobile terminals, whose MetaQuotes IDs are specified in the "Notifications" tab.

MetaTrader Experts, Indicators, Scripts and Libraries

This indicator was used to create the ea_RSI_MA_Trade_Sist trading robot.

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