RSI with Alert Indicator for MetaTrader 5

This indicator improves the classic RSI (Relative Strength Index) in MetaTrader 5 by adding an alert system. The RSI measures the strength and speed of price movement, helping to identify overbought and oversold zones where the market tends to react.

How to use it

It notifies you when the RSI enters overbought or oversold territory, or when it returns to the neutral zone. Many traders use it to exit a trade when the indicator reaches an extreme or to enter when price comes back from an extreme zone. The alerts remove the need to watch the chart all day.

Main parameters

• Customizable overbought and oversold levels.
• Number of candles to analyze and signal arrows on the chart.
• Alerts by screen, email, mobile and sound.

File contents: package ready to install in MetaTrader 5.

View the original indicator documentation on EarnForex (Apache-2.0 license)