MA RSI Trigger Indicator for MT4 Download - Free - [TradingFinder]

The MA RSI Trigger combines the Moving Average (MA) and Relative Strength Index (RSI) to define market direction.

This tool uses an oscillating line in a separate panel, showing bullish and bearish phases relative to 0, 1, and -1 levels.

MA RSI Trigger Indicator Specifications Table

The specifications of the MA RSI Trigger Indicator are as follows:

MA RSI Trigger at a Glance

The MA RSI Trigger uses a single oscillating line to display the direction of the market trend.

When the line moves above zero, it indicates an uptrend, and when it moves below zero, it marks the start of a downtrend.

Bullish Trend Conditions

On the 30-minute USD/CAD chart, the oscillator line moving above zero shows a bullish trend.

Reaching +1.1 represents the peak strength of the bullish phase.

Bearish Trend Conditions

Based on the 1-hour Ethereum (ETH) cryptocurrency chart, the oscillator moving below zero signals a bearish trend.

When the red line reaches -1.1, it shows the strength of sellers.

MA RSI Trigger Settings

The adjustable parameters of the MA RSI Trigger Indicator are as follows:

• RSI Period: RSI calculation period
• RSI Period Long: Long-term RSI period
• MA Period: Short-term moving average period
• MA Period Long: Long-term moving average period
• Porog: Zero threshold level for signal reference point

Conclusion

The MA RSI Trigger Indicator combines the Moving Average and the RSI indicator to generate bullish or bearish signals while also visually displaying overbought and oversold conditions.

By using a single oscillating line and its position relative to the zero level, this indicator determines the main market direction and performs accurately in identifying trend reversals.