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Cronex T RSI Bollinger Bands (BB) Metatrader 4 Forex Indicator

    The Cronex T RSI Bollinger Bands Metatrader 4 is composed of RSI, Bollinger Bands and a moving average with default period 10.

    The indicator oscillates above and below its zero level in a separate chart window below the main activity chart.

    The indicator can be used in multiple ways to generate tradable buy and sell signals.

    Method 1 (good for scalping, day trading and swing trading)

    Trading the orange thick indicator line:

    Orange line above the zero level: bullish, look to buy.

    Orange line below the zero level, bearish, look to sell.

    Method 2 (good for scalping)

    Blue histograms above the zero line: look for short-term buy signals.

    Red histograms below the zero line: look for short-term sell signals.

    Free Download

    Download the cronex-t-rsi-bb.mq4” MT4 indicator

    Example Chart

    The EUR/USD H1 chart below displays the Cronex T RSI Bollinger Bands forex indicator in action.

    Basic Trading Signals

    See description above on how to trade this indicator (method1 & method2).


    Download the cronex-t-rsi-bb.mq4” Metatrader 4 indicator

    MT4 Indicator Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: chart pattern

    Customization options: Variable (RSIPeriod, TCurvature, MAPeriod, BandsPeriod, BandsDeviations, BandsShift) Colors, width & Style.

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: Signals | Oscillator


    Copy and paste the cronex-t-rsi-bb.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

    You can access this folder from the top menu as follows:

    File > Open Data Folder > MQL4 > Indicators (paste here)

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