KT TRSI Indicator

KT TRSI Indicator MT4 | MT5
Free Download

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Free Download
Specs
Release date:November 23, 2020
Last updated:November 23, 2020
Current version:1.0
Product type:Indicator
Requirements:MT4 | MT5
  • Description
  • EA Developers

KT TRSI indicator is an oscillator built using a combination of RSI (Relative Strength Index), EMA (Exponential Moving Average), and SMA (Simple Moving Average).

Compared to the classic RSI, a TRSI indicator is less susceptible to false signals due to the SMA's smoothing factor. Moreover, it is also equipped with all kinds of Metatrader alerts.

Simple Entry Rules

  • When the Blue line(RSI) crosses above the Red line(TRSI).
  • When the Blue line(RSI) crosses below the Red line(TRSI).

Advance Entry Rules

  • When the Blue line(RSI) goes below the oversold level and then goes back above the oversold level with a Red line(TRSI) bullish crossover.
  • When the Blue line(RSI) goes above the overbought level and then goes back below the overbought level with a Red line(TRSI) bearish crossover.

It is imperative to use other indicators and confirmations to make more informed decisions using the TRSI indicator.

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