Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

Metatrader 5 Indicators | RSICandle | Source Code Included

Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.

The RSI indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the RSI algorithm. In many situations, such an approach could be more informative for the purpose of analysis.

Figure 1. The RSICandle indicator

Figure 1. The RSICandle indicator

Watch in-depth trading tutorials and EA reviews on the RobotFX YouTube channel. Subscribe for free tips.

Complement community code with advanced automation from RobotFX.

1732

Best MetaTrader Indicators + Profitable Expert Advisors