cTrader RSI: Where Is Your RSI 70? 7 Essential Rules
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cTrader RSI indicator on the price chart: Reverse RSI Phantom shows where RSI 70 and 30 sit, with 7 rules for its signals. Reverse RSI Phantom is a cTrader indicator that solves the RSI backwards and draws it on the price chart: the price where RSI reaches 70, the price where it reaches 30, a regime midline, scored BUY and SELL signals, and a stop with three targets for every signal. This guide shows seven rules for deciding which signals to take and which to skip. Get it on the cTrader Store: Product page: Seller profile: Free indicators and tools: What you will learn - How to load it on any cTrader chart and read the eighteen-row dashboard - Every setting that changes the picture, marked on the chart as it is changed - Seven rules for a signal: where it prints, the regime, the stars, free points, the exit plan, cooldown and closed bars - Two quick tests and a final run across four markets What it draws - An overbought and an oversold band on the price scale, with a gradient fill - A midline at RSI 50 coloured by the trend regime, and regime-coloured candles - BUY and SELL plates with a confluence score out of five - An entry, a stop and three targets for every signal, each labelled with its price - Target and stop plates, trend-shift triangles and divergence marks - Alerts for every event, and an optional JSON webhook Good to know - Non-Repaint Mode is on by default: a plate that prints never moves. - The stars count five layers; switching a filter off gives that layer a free point. - It never places, modifies or closes an order. Free trial: runs on EURUSD, on every timeframe, with every setting available and no time limit. Chapters 0:00 Reverse RSI Phantom for cTrader 1:02 What it draws 1:52 Load it on a chart 2:16 Reading the dashboard 2:59 Rule 1: read where it prints 3:38 Rule 2: trade with the regime 4:22 Rule 3: count the stars 5:03 Quick test: take or skip? 5:23 Rule 4: know the free points 5:53 Rule 5: plan the exit first 6:43 Rule 6: don't overtrade 7:07 Rule 7: trust closed bars 7:37 Quick test: read this one 7:59 Make it yours 8:22 Alerts and webhook 8:52 Putting the seven rules together 9:11 Three mistakes to avoid 9:30 The seven rules on four markets 10:12 Practise the rules on the free trial 10:34 Get Reverse RSI Phantom I am the developer of this indicator. Trading involves risk. Past performance does not guarantee future results. #cTrader #RSI #ForexIndicator