New Update “RSI Trend V 2.00”: Added arrows for trend line color changes, including upward and downward arrows.
Now, there are arrows in the lower section and arrows in the upper section next to the chart,
with the ability to show or hide the arrows in the upper section, as well as change their color and size.
“RSI Trend” indicator is practical and useful. I prefer using it alongside “Suleiman Levels” indicator, especially for confirming and matching the colored cloud of “Suleiman Levels”.
Accumulation Trend, like my previous indicators, is fundamentally based on a radically modified RSI. It is quite similar to a previous indicator, RSI Scalping Accumulation, but the current version focuses more on the overall trend with a different cloud structure and lower resource consumption on MT5, along with additional unique features and calculations. For this reason, it wasn’t just an update of the previous indicator but a completely new release.
This indicator does not repaint, but due to rapid price fluctuations within a single candle, some “dots” may appear as warnings. However, the key elements to focus on are:
Thick blue line → Uptrend
Thick yellow line → Downtrend
then, Green cloud above the thick green line
Red cloud below the thick yellow line
As I mentioned earlier, the thick lines and the cloud should be compared with “Suleiman Levels” indicator and its cloud to achieve a certain alignment.
Second image: The indicator on a real account while trading the oil pair.
I have conducted real trading experiments using “RSI Trend” indicator and I will provide an example of trading Crude Oil. as I mentioned earlier, I use “RSI Trend” indicator in combination with “Suleiman Levels” indicator to achieve stronger confirmation of trade direction.
You can check the “Suleiman Levels” explanation from this link:
Additionally, you can try the “Suleiman Levels limited” indicator, which is limited and available on the 3-hour time frame for all pairs:
I have attached screenshots for new Update and some real trading screenshots on crude oil, demonstrating trend-catching strategies while monitoring the colored levels of Suleiman Levels, support and resistance lines, and side trendline breakouts within the indicator.
Wishing everyone success and profitable trading.