MT4 "RCI3 Extremely Bullish" recognizes the momentum of the three higher Timeframe RCI lines to increase trading edge
In RCI trading,the direction of RCIis important to recognize.
“RCI3 Very Bullish” can be used to display the directions of the three RCI lines on the chart in MTF.
When the short-term RCI and the mid-term RCI (long-term RCI) point in the same direction, it is “Bullish”, and when all three RCI lines point in the same direction, it is “Very Bullish” strategy.
“Bullish” and “Very Bullish” usage is also introduced on the FX information magazine “FX Survival Guide.com” pages.
The bottom chart in Sub-window 1 shows the “RCI3 Very Bullish”.
MTF supports all timeframes (M1, M5, M15, M30, H1, H4, D1, W1, MN).
On the bottom 5-minute chart, the 1-hour (Sub-window 1) and 5-minute (Sub-window 2) of “RCI3 Very Bullish” are displayed in MTF.
【Link to the blog indicator page】
【Link to GogoJungle download page】