MACD RSI Oscillator for MT5 Download – Free – [TradingFinder]

The MACD RSI indicator is a hybrid oscillator combining the concepts of MACD and the Relative Strength Index (RSI).

This trading tool is designed to detect divergences and provide trend based trading signals.

Using histogram volume changes and crossovers between Fast EMA and Slow EMA, the MACD RSI indicator helps identify optimal trade entry and exit points.

MACD and Relative Strength Indicator Specifications Table

The table below outlines the technical specifications of the MACD and RSI Indicators:

Buy Position

On the 1-hour chart of NZD/USD, the red line crosses above the pink dashed line and turns green. Simultaneously, histogram volume gradually decreases in the negative zone and increases in the positive zone.

Under such conditions, following the line crossover, the histogram’s phase transition from negative to positive is considered a favorable entry point for a buy trade.

Sell Position

According to the 30-minute Binance Coin (BNB) chart, the green line crosses below the pink dashed line, turning red, indicating a trend reversal signal.

Additionally, the histogram shift from the positive to the negative zone confirms the beginning of a bearish move and reinforces the possibility of a continued downtrend.

MACD and RSI Indicator Settings

The image below presents the adjustable settings in the MACD and RSI indicators:

• Fast EMA: Period for calculating the fast exponential moving average
• Slow EMA: Period for calculating the slow exponential moving average
• Signal SMA: Period for calculating the signal line (simple moving average)
• RSI Period: Calculation period for the RSI
• Caliber: Defines the delay level for divergence signal detection

Conclusion

The MACD RSI indicator combines the analytical power of both MACD and RSI, allowing precise detection of potential price reversals and trade entry setups.

Unlike traditional models, this MT5 volatility indicator calculates the RSI values and then applies the MACD algorithm. This approach provides a smoother and more intuitive representation of Forex market momentum.