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RSI Indicators for MetaTrader 5
The RSI indicator, as an analytical tool, is provided in the form of adjustable modules, and with its flexible structure, it allows customization across different time frames. In Relative Strength Index oscillators, the capability to synchronize with volume data and integrate with other trend indicators also exists. The operational pattern of RSI is based on the relative comparison of the average positive and negative fluctuations over a specified time period. The result of these calculations is displayed as an independent curve oscillating between two levels, 0 and 100. In the default settings, the 30 and 70 levels are considered for identifying saturation zones, but in high-volatility environments, these limits can be redefined. In the enhanced versions available at Trading Finder, multi-dimensional price behavior analysis is made possible by combining RSI with secondary data such as volume or moving averages, and these are available for free. Identifying structural divergences between price and the RSI line is part of the analytical approaches that can be executed with higher accuracy in MetaTrader 5.
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