The MT4 True RSI Indicator is an incredibly powerful tool that helps you find hidden levels of overbought and oversold areas. It’s particularly powerful for traders who wish to play reversal strategies. We use this ourselves in our institutional trading strategies.
"I was one of the first users of the TFA True RSI Indicator. I have to admit, it helps me more with reversal strategies. Sometimes it helps me avoid playing a breakout when the hidden overbought or oversold levels are not broken yet. Overall, it is now an integral part of my trading toolbox. It just gives you an... edge. An edge that you know very few other traders have. Totally love it."
Salah Snouda
(Part-time trader)
"It can be quite complicated to use at first... but after testing it over and over and over again... I am 1000% convinced... It doesn't work all the time, but it helps improve the probability of success of my trades... Very glad to have found this indicator... I combine it with the True Stochastic Indicator too and have seen great results... Thanks Des for coding this, you sure know how to code good shit man.. lol..."
Ray King
(Part-time trader)
The MT4 True RSI Indicator is a project I created after I got sick of manually scanning for hidden areas of overbought and oversold areas. It is constantly being improved through useful feedback from the community. From this feedback, we’ve already started building the True Stochastic Indicator.
V3 | January 2023
V2 | August 2020
V1 | May 2020