Thursday, January 11, 2018

MV RSI Trend

MV RSI Trend


This indicator uses RSI indicator data to search for large or small trend. For large trend is used during high RSI, e.g., 21. For small trend is used a shorter period RSI, such as 3 or 5. 

The trend changed after the opening of a new candle. 

Input parameters

  • RSIPeriod - used during Rsi;
  • TotalBars - the maximum number of displayed bars;
  • BullTrendClr - the color of the bullish trend;
  • BearTrendClr - the color of the bearish trend;
  • BarWidth - the width of the bar.

MV RSI Trend

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