Many highly rated reviews! An innovative indicator 'RSI PERFECT ORDER'
MT4The highly popular indicator developer, the Foreign Warrior.
GogoJungle You may know them for appearing on the Employment Statistics Live.
That Foreign Warrior is selling a handy indicator at a campaign price, so we’d like to introduce it!
We’ve developed and offered several indicators in the past, but this time it detects a Perfect Order using RSI-based moving averages.
The subtitle reads 「A New Idea! Using RSI to target the Perfect Order and Divergence!」, which is indeed a new concept.
Moving averages use six lines: 15, 20, 35, 55, 85, 150.
It seems quite sensitive, so you might worry that there will be more false signals, but
it will provide more signals while minimizing false signals as much as possible.
This alone may pique your interest.
The Foreign Warrior's RSI Perfect Order's biggest point is thatDivergence※ can also be detected automatically.
(※ Divergence refers to a counter-movement phenomenon.
In actual price action, the candlestick movement and oscillator-type technicals (such as MACD, etc.) move in opposite directions.
Divergence methods, if mastered, make it easier to predict trend reversals and can be quite valuable to traders, but there aren’t many indicators that detect divergences automatically.
↑ The light blue horizontal line indicates that a bullish regular divergence has occurred.
In the recent version update, an arrow on the chart is now displayed when a divergence is confirmed!
With the arrow displayed, it should be easier to read.
Also, Multi-Time Frame feature (MTF) is included, so analysis is also very easy!
Without switching charts, you can check RSI Perfect Order across different time frames.
This Foreign Warrior RSI Perfect Order already has many features, but two more indicators have been added!
The first is『Foreign Warrior RSI・Level Bar』
On the chart, it displays the RSI state for four timeframes as rising (blue) and falling (red).
You can also change the timeframes in the parameter settings, and when the four timeframe bars align, an arrow appears beneath.
The second is『Foreign Warrior RPO※Bar』(※RPO⇒RSIパーフェクトオーダー)
It displays the Perfect Order state as rising (buy / blue) and falling (sell / red) bars.
It also shows bars for four different timeframes, and when all four align, an arrow is displayed.
The indicator is packed with features, and there is a chance to get it at the current campaign price.(2019年12月31日23時59分まで)
Not only for FX, but also useful for cryptocurrencies and binary options, so it’s a great deal.
Finally, please watch the explanatory video by the Foreign Warrior himself!
Writing by Kuwabara