How To Apply Relative Strength Index With MetaTrader 4: Introduction

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MetaTrader 4 (MT4) is a trading platform developed by MetaQuotes Software for online trading in the forex, contract for differences and futures markets. MT4, as it is commonly called, provides tools and resources that allow traders to analyze price, place and manage trades and employ automated trading. This article will explain the Relative Strength Index (RSI), and demonstrate how to use this powerful technical indicator within the MT4 trading platform.

SEE: Beginner's Guide To MetaTrader 4


Next: How To Apply Relative Strength Index With MetaTrader 4: Relative Strength Index - RSI »


by

Jean Folger

Jean Folger
Jean Folger is a technical analyst and system researcher with PowerZone Trading, author of the award-winning book Make Money Trading: How to Build a Winning Trading Business, and a private trader specializing in the e-mini markets. Jean is an affiliate of the Market Technicians Association, a regular contributor to Futures magazine and was previously a real estate broker.

PowerZone Trading develops commercial technical trading indicators and trading systems for the TradeStation, NinjaTrader and MultiCharts trading platforms. The company is a TradeStation EasyLanguage Specialist and Add-on Developer and provides custom programming and consulting services for active traders.

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