I learn this from BK. Since this is a nice trick so I would share it here. The idea is to put RSI into same indicator window with other indicators. This will give clearer view and can make the overall view less complicated. This trick will show how to put multiple indicators in same windows in MetaTrader 4.
RSI with Stochastic
RSI and Stochastic are both oscillator indicator. It’s good to put them together to see if they both agreed with each other. Since they both oscillate between 0 and 100, it is suitable to be putting together too. At a glance we can know what RSI and stochastic are indicating. To put them together, just follow these few steps.
- Open your chart
- Insert Stochastic indicator; a new indicator window will appear.
- Insert level you prefer in Stochastic (maybe 20, 80 perhaps)
- On the navigator bar at left, expand “indicators”, and drag RSI into the indicator window.
- Add in the level you prefer in RSI too, but in different color for clear visuals.
RSI together with Stochastic Indicator in same window
RSI with MACD
RSI together with MACD in one indicator window. MACD are trending indicator. BK add in RSI in MACD so that he wont “forgot to check on RSI”. This is simply be done too. The RSI can be added in MACD with the following steps.
- Open your chart
- Insert MACD indicator. A new indicator window will appear
- Drag RSI indicator into MACD indicator window.
- Add in the level you wants in RSI.
RSI with MACD in same indicator window
Using this trick, you can put multiple indicators into one single window. For me the above 2 are the most useful combination so far.
