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The indicator consists of an RSI and Bollinger bands calculated on it, it also plots arrows when RSI value was out of Bands and came again in Bands.
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ForexMT4Indicators.com are a compilation of forex strategies, systems, mt4 indicators, mt5 indicators, technical analysis and fundamental analysis in forex trading. You can also find systems for scalping such as trends, reversals, price actions. Trading on a lower timeframe like 1 minute to long term trading are also imparted here. We aims to be a place where every forex traders can gain resources about trading.
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