Tag Archives | RSI

tvi color indicator

TVI Color Indicator for MT4

TVI or Tick Volume Indicator is using an Smoothing technique which creates only minimal lag. With TVI Color Indicator the additional visual Color lets you spot movement instantly! William Blau was the creator of TVI (Tick Volume Indicator) which he introduced the Indicator in his book “Momentum, Direction and Divergence”. In his book he was focusing […]

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balanced system strategy example

Balanced System Strategy

With following of balanced system Strategy and using multiple Indicators you have a grater chance to enter into a winning trade.   TimeFrame: 1 hour recommended works on others as well Symbol: EURUSD preferred but it works on any currency Risk: MAX 1% of account equity per order Indicators: Moving Average (200 EMA) Relative Strength […]

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RSI Divergence indicator zoom

RSI Divergence indicator for MT4

With RSI Divergence Indicator you are able to anticipate a coming change in the trend. Relative Strength Indicator is leading indicator for a trend change! When divergence arises between RSI indicator and the price it means that forthcoming end of current trend is near. RSI divergence Indicator signals will appear in advance of a trend change. But […]

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