Specially developed for Metatrader 4, the MTF RSI Indicator provides conversion of accumulated historical data. It detects changes and patterns in price dynamics that are invisible to the naked eye.
With this information, traders can evaluate various features and adjust their strategies accordingly.
The MTF RSI indicator displays the data of the RSI indicator from three different timeframes available.
MTF RSI Indicator for MetaTrader 5 has 7 input parameters:
RSI calculation period
Indicator drawing modes
First RSI timeframe
Second RSI timeframe
Third RSI timeframe