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🕯RSI Signals is a simple indicator that displays the values of the RSI (Relative Strength Index) oscillator on various instruments and time frames chosen by the user. In addition, it can be configured by the trader to show signals when the RSI is in an overbought/oversold condition, when it crosses these levels or when it crosses the 50 level, which is important in some strategies. It is simple and easy to set up.
By itself, it should not be used as a trading system since RSI signals are not 100% reliable, as is the case with any technical indicator, but it is a useful support tool.

📊Features
➡️Applied Price: This parameter allows to select the price type used in the calculation of the indicator.
➡️RSI period: It is the number of periods used in the calculation of the RSI.
➡️List of Markets: Here the trader indicates the markets or currency pairs in which he wishes to calculate the RSI values.
➡️Time_frames: In this parameter, we can indicate in which time frames we want to calculate the RSI for each currency pair.
➡️Overbought/oversold signals: In this last parameter we indicate if we want the dashboard to show overbought and oversold signals.
➡️Overbought level: It is the level where the RSI reaches an overbought condition.
➡️Oversold level: It is the level where the RSI reaches an oversold condition.
➡️Overbought color: Used to set the color of overbought readings on the dashboard.
➡️Oversold color:  Used to set the color of oversold readings on the dashboard.
➡️RSI Crossovers of Level 50: In this parameter we indicate if we want the dashboard and the alert window to show signals of bullish and bearish crosses of the 50 level of the RSI.
➡️Bearish cross color: Here we can set the color of the bearish crossovers of the RSI 50 level.
➡️Bullish cross color: Here we can set the color of the bullish crossovers of the RSI 50 level.

📌#mt4 #indicator #Mt4 #RSI #forex.

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➡️ Here are info and MT5 version

This is MT4 version

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One of the first rules in money management and risk management in Forex is to always have a stop-loss set for all your trades. Remember that a broker can execute a margin call on your account if a trade moves against you and you don't have sufficient funds to cover the loss. Long story short, missing a stop-loss may result in your account wiped or badly damaged. The MetaTrader script SetFixedSLandTP (short for Set Fixed Stop-Loss and Take-Profit) allows you to set a stop-loss and an optional take-profit price for all orders based on a set of filters.

There may be cases where you need to open an order quickly or you simply forget to set a stop-loss and take-profit for your order. Sometimes, you may also have many orders open based on the same strategy and you may want to set the stop-loss and take-profit for all of them at once. You can use the SetFixedSLandTP script to do it faster than you would be setting SL and TP manually.

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