![]() When the blue oscillator line crosses the red oscillator line from above, this is a bearish trading signal. When the blue oscillator line crosses the red oscillator line from below, this is a bullish trading signal. Two lines are plotted in the sub window, a blue and a red one. ![]() The indicator oscillates between 0 and 105 reading in a sub window below the main MT4 chart.Ī reading of 30 and below is considered to be oversold while a reading of 70 and above is considered to be overbought. The RSI Stochastic Signals Oscillator MT4 forex indicator is based on Stochastic and RSI. 0 RSI Stochastic Signals Oscillator Metatrader 4 Forex Indicator
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