Forex Indicators

When trading FOREX with indicators it is important to differentiate between leading and lagging indicators. This separation is important for a thorough understanding of the markets and trading, and also for ensuring that one is not trading with correlative indicators. In this article you will learn to identify leading and lagging indicators for improved performance.

Bounce RSI is a buy\sell indicator based on the instant bounce RSI method described here. The entry mechanism is a touch of RSI at a ovebought-oversold level. Indicator is for MetaTrader 4.