RSI Demarker Superposition Indicator

RSI Demarker Superposition Indicator

The RSI Demarker Superposition Indicator for MT4 is built with the RSI and Demarker indicators to identify a trend reversal zone.

The RSI Demarker Superposition indicator for MT4 is a technical trading tool designed by combining the moving average indicator with two momentum oscillators, the Relative Strength Index (RSI) and the Demarker. The idea behind this is to harmonize the strength of the two indicators for a more comprehensive market analysis.

What is the best indicator to use with the RSI?
One of the best indicators to use with the RSI is the Demarker indicator because, though they are both momentum oscillators, they react differently in the market. Therefore, the RSI Demarker Superposition MT4 Indicator is bound to deliver a powerful trading signal.

Furthermore, the indicator is integrated with a histogram bar to provide an extra layer of confluence to determine the trend direction, which helps filter false signals.

How to Trade with the RSI Demarker Superposition Indicator

The above image shows the market analysis of the RSI Demarker Superposition indicator on the EUR/USD. The red and blue lines are the moving averages, while the silver and dark orange lines are the RSI and Demarker indicators.

The position of the RSI and the Demarker indicator determines the trend bias of the market. Therefore, the indicator suggests a potential bullish/bearish trend when the RSI and Demarker are above/below the moving average, respectively. So, open a buy/sell trade position when the RSI and Demarker cross above/below the moving averages.

However, it is ideal for the histogram bars to align with the buy/sell signal generated when the RSI and Demarker crossover the moving average. For example, wait for the histogram bar above the zero line before placing a buy position.

Conclusion
The RSI Demarker Superposition MT4 Indicator for MT4 is a trend analysis tool built with the RSI and Demaker to identify trend reversals with accuracy.