A trend indicator that uses the oscillator analogue of RSI and its signal line. It is drawn as a colored cloud.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 22.02.2008.
MT5 Indicator – Download Instructions
StepRSI v5.2 is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
StepRSI v5.2 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install StepRSI v5.2.mq5?
- Download StepRSI v5.2.mq5
- Copy StepRSI v5.2.mq5 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on StepRSI v5.2.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator StepRSI v5.2.mq5 is available on your Chart
How to remove StepRSI v5.2.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Click here below to download MT5 Indicator: