Description
The Parabolic RSI Alert is a powerful indicator that combines the precision of Relative Strength Index (RSI) with the dynamic trend-following capabilities of a custom Parabolic SAR. This unique fusion helps traders identify high-probability reversal points with clear visual signals and real-time alerts.
Usage Notes:
- The indicator works best on 1H+ timeframes
- Strong signals occur when reversals happen in overbought/oversold zones
- Regular signals appear when reversals occur outside extreme zones
- SAR points only plot when
Display SARis enabled - Combine with price action and other indicators to confirm entry and exit points(Optional).
Ideal for traders who:
- Want to reduce lag in traditional RSI analysis
- Need clear visual & audible alerts for timely entries
- Prefer mechanical signals over subjective chart reading
Summary
AI summary
The Parabolic RSI Alert is an indicator that integrates the Relative Strength Index (RSI) with a custom Parabolic SAR to identify high-probability trend reversal points. It provides clear visual signals and real-time alerts to assist traders in timing entries and exits. Designed primarily for use on 1-hour and higher timeframes, the indicator highlights stronger signals when reversals occur in overbought or oversold zones, with regular signals for reversals outside these extremes. The Parabolic SAR points are displayed only when the corresponding display option is enabled. This tool is suited for traders seeking to reduce lag in RSI analysis, prefer mechanical signals over subjective chart reading, and require both visual and audible alerts. It is recommended to combine this indicator with price action and other tools for confirmation of trade decisions.
Indicator profile
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FAQ
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.
Price
Since 14/07/2025
61
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