RSX Candles AM 外汇EA

The indicator displays the signals of the RSX oscillator on the price chart.

(To display these signals in a separate window, along with the oscillator, another indicator is used –  RSX Osc 4 AM).

It is optimal to use the indicator signals as signals to open a trade when the price overcomes the maximum or minimum of the bar at which the signal was given.

An opposite signal cancels the previous signal.

Settings:

• Data period for indicator calculation – data period for indicator calculation;
• Data period to display the indicator – data period to display the indicator;
• Price used to calculate the indicator – price used to calculate the indicator;
• Oversold level (-1=> 0 <=1) – oversold level;
• Overbought level (-1=> 0 <=1) – overbought level.