This indicator displays the channel of Relative Strength Index.
When you see that the price touches the red line and retreats from it many times, then you will know that the general trend is down.
When it retreats from the blue line many times, that means that the general trend is up.
This lines express the RSI values attributed to the price values on the main chart.
You can add this indicator to your strategy, it will help you.
This indicator will work best on 5 minutes and higher time frames.
Indicator properties:
- Use_System_Theme – You can choose from here the color setting to be add automatically .
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