Extreme RSI – profitable indicator for H1 timeframe

Forex Signal Extreme RSI indicator is a modification of a standard oscillator, facilitate trade in the foreign exchange market. Extreme RSI calculates the input signals on the testimony of the standard RSI indicator and displays them on the price chart as arrows corresponding color. Authors of Extreme RSI indicator claim that on timeframes over H1 signals to enter the market are fairly accurate.

Characteristics of Extreme RSI
  • Platform: Metatrader4
  • Currency pairs: Any currency pairs
  • Trading Time: Around the clock
  • Timeframe: Any (recommended H1 and higher)
  • Recommended broker: Alpari

In the picture below you can see some examples for the entry into the market (input after closing the signal candle, timeframe H4):

extreme-rsi-exemples-trades

Extreme RSI is not repainted and is very simple to analyze. But to apply it to trade should only be together with additional filters.

In the archive Extreme_RSI.rar:

  • Extreme RSI.ex4
  • Extreme RSI Template.tpl

Free Download Extreme RSI

Free Trading Signals

4 Responses

  1. Marius

    Hi Daniel! Can You tell me one good binary options indicator? To trade everyday. Thank You!

  2. Alberto

    Sorry Daniel .. The arrows appear at the beginning of the candle ???

  3. Alex

    Hi Daniel! Thank You for Your generosity. God bless You!

  4. ramzam

    hi i am getting few indicators from here but why dont u give with mql file… all are ex4 files only.. i dont know what to do with mql files but today i download ultimate pro scalper indicator. in that that red and green dots are bigger in size to reduce from the window.. it sets but when i change time frame then immediately it goes with older setup.. if i have mqlfile means i set that size to1 from 2… nothing more i know… will you provide this mqlfile?
    thank you

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