Adaptive RSX of MA Indicator

Adaptive RSX of MA Indicator

Adaptive RSX of MA is the best trend signal indicator for forex and stock traders scalping or day trading in MT4. Perfectly suits any trend-following strategy

The Adaptive RSX of MA Indicator is an advanced MT4 trend analysis indicator specially developed for forex day traders. It is calculated using the Relative Strength Index (RSI) and the Moving Average (MA) of the price.

This guide explains how the Adaptive RSX of MA helps you determine short-term trend-following buy-sell signals on MT4.

How to Trade Forex & Stocks Using The Adaptive RSX of MA in MT4

The Adaptive RSX of MA indicator uses a blue/brown color signal line to indicate the current market trend. The blue line signals a bullish trend. Conversely, the brown line indicates a bearish trend.

In the above GBP/USD 30-minute price chart, we’ve applied the Adaptive RSX of MA trend signal alongside a bullish trendline to determine the trade setups. Since the price was holding above the trendline support, we considered the price to be in a bullish trend.

As you can see, each time the price rebounded from the trendline and the Adaptive RSX of MA line turned blue, it produced profitable buy signals.

Conclusion
The Adaptive RSX of MA indicator for MT4 represents a perfect combination of the Relative Strength Index and the Moving Average of the price. The indicator is able to provide more accurate trend signals, which can help traders make better trading decisions. If you are a trend-based day trader, indicator can be a useful addition to your current trading strategy.