Free Forex Indicators (MT4), Trend Following Indicators

T3 RSI Indicator

T3 RSI Indicator is an amazing invention for modern Forex day traders because it produces highly effective Forex trend signals by the crossover of T3 and RSI. It demonstrates the market trend status in a simple manner so that traders from all levels can be benefited by applying it to their daily trading charts.

T3 RSI Indicator is usable to trade all kinds of Forex currency pairs and it also fits great with all sorts of timeframe charts. Therefore, from scalpers to intraday or even long-term traders, everybody can be benefited by using this awesome Forex indicator.

T3 RSI Indicator Overview

After you install the T3 RSI Indicator at your Forex MT4 platform, your trading chart will appear like the following image:

T3 RSI Indicator Overview

This indicator plots crossover signals with the collaboration between T3 and RSI. RSI (white) moves above the T3 (red) signaling the bullish crossover which confirms the bullish trend and the buy signal as well.

On the other hand, RSI moves below the T3 indicating the bearish crossover that certifies the current market momentum as the bearish trend and is also considered as the sell signal. T3 RSI indicator suggests traders buy from the bottom and sell from the top while trading in the market.

Similar System: RSI Extreme System

T3 RSI Indicator: Buy Parameters

T3 RSI Indicator Buy Parameters
  • RSI moves above the T3 indicator representing the bullish crossover
  • The price bar forms a bullish candle at the bottom area of the chart
  • Buy triggers when the bullish bar’s high is broken
  • Set stop loss below the current swing low of the market
  • Exit long/take profit whenever the T3 RSI indicator plots the bearish crossover

T3 RSI Indicator: Sell Parameters

T3 RSI Indicator Sell Parameters
  • RSI moves below the T3 indicator representing the bearish crossover
  • The price bar forms a bearish candle at the top area of the chart
  • Sell triggers when the bearish bar’s low is broken
  • Set stop loss above the current swing high of the market
  • Exit short/take profit whenever the T3 RSI indicator plots the bullish crossover

I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

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About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
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