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Monday, 16 May 2022
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rso-indicator
rso-indicator

rso-indicator

Watch the testing video here:

RSO Indicator

 

The RSO indicator is a Relative Strength Oscillator or RSO is an Oscillator version of RSI. RSI as a powerful and accurate indicator that is very popular. It is an index indicator and take values in the range of 0 to 100.

How to install the RSO Indicator on your Metatrader 4 trading platform?

  • Download the indicator by clicking “LINK” button at the bottom of this post.
  • Copy and paste the RSO Indicator into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators.
  • You can gain access to the folders this way: File > Open Data Folder > MQL4 > Indicators (paste files here).
  • Restart your Metatrader 4 Client.
  • Select Chart and Timeframe where you want to test the indicator
  • Browse “Custom Indicators” in your Navigator that is located on the left in your Metatrader 4 platform.
  • Right click on rso-indicator.mq4 and than click “Attach to the chart”.
  • You can modify settings if you need and than click ok.
  • You are done, the indicator works on the chart.

In the archives you will find following Metatrader 4 files included:

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