The MetaTrader 4 trading platform supports the use of dozens of traditional and an unlimited number of custom indicators. Indicators typically have multiple customization inputs, allowing traders to define both the appearance and performance functions of each indicator. Market participants from day traders to buy-and-hold investors can take advantage of the RSI's ability to gauge overbought and oversold conditions in any trading instrument, and on any timeframe.

SEE: Introduction To The Relative Strength Index





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