Forex Indicator "RSI SPEED" for MT4 - great predictive tool!
- The calculation of this indicator is based on equations from physics . RSI SPEED is the 1st derivative of RSI itself
- RSI SPEED is good for scalping entries into the direction of main trend
- Use it in combination with suitable trend indicator , for example HTF MA (as on pictures): https://www.mql5.com/en/market/product/103446
- RSI SPEED indicator shows how fast RSI itself changes its direction - it is very sensitive
- It is recommended to use RSI SPEED indicator for momentum trading strategies, if RSI SPEED indicator's value is < 0: price momentum goes down; if RSI SPEED indicator's value is > 0: price momentum goes up
- Indicator has built-in Mobile and PC alerts
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