The 'RSI Momentum Arrows' indicator is based on the RSI and Momentum indicators. It also considers moving averages of these two indicators. The three indicators have adjustable settings. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications. The arrows can be used in an EA and the inputs can also be optimized for an EA.
Here are full details about the
RSI Momentum Arrows indicator.
This used to be a paid product, but is now available
100% FREE. Simply download the attachment and start using the indicator without restrictions. DLL imports must be enabled to use this indicator.
Source Code Available: If you would like the source code of this to make your own modifications or for other reasons, please email
support@mql-programming.com for the fee.
Linkback: https://www.forex.zone/mt4-mt5-indicators/8/rsi-momentum-arrows-indicator/38/