present
Sign up and get $50 off your first purchase
Trading product for SuperEmaColorRSI Indicator Prop Forex, image 1
SuperEmaColorRSI
Indicator
Version 1.0, Feb 2025
Windows, Mac
Trading product for SuperEmaColorRSI Indicator Prop Forex, image 2
Since 30/09/2024
44
Sales

Description

This is a super indicator that integrates the RSI indicator with a dual moving average system. RSI intensity is represented by four colors: red (>70) > orange (>50) > yellow (>30) > green. The dual moving averages use EMA with default parameters set at 48/144, which can be customized according to your needs.

How to use:

When used in conjunction with multiple time frames (e.g., 4H→15M; 1H→5M, illustrated here using 4H→15M as an example):

  1. Trend identification via dual EMAs (4H timeframe):
    • Upward trend: 48EMA above 144EMA.
    • Downward trend: 48EMA below 144EMA.
    • Range-bound consolidation: The two EMAs are entangled.
  2. Entry/exit points on 15M timeframe:
    • Buy setup (uptrend):
      • Price retraces to the 48EMA on the 4H chart.
      • Switch to 15M: Enter when price breaks above the 15M consolidation range.
      • Stop loss: Set at the recent swing high +10 pips .
    • Sell setup (downtrend):
      • Price retraces to the 48EMA on the 4H chart.
      • Switch to 15M: Enter when price breaks below the 15M consolidation range.
      • Stop loss: Set at the recent swing low –10 pips .
  3. Price divergence signals:
    • Bearish divergence (top):
      • Price makes a new high (on pullback), but the RSI color shifts from red (RSI >70) to orange (RSI >50) .
    • Bullish divergence (bottom):
      • Price makes a new low (on pullback), but the RSI color shifts from green (RSI ≤30) to yellow (RSI ≤50) .

Risk Warning:
No indicator suits all market conditions. Test this strategy thoroughly in a demo environment before applying it to live trading. Improper use may lead to significant losses.

Summary

Indicator profile

Customer reviews

0.0
Reviews: 0
Customer reviews
No reviews for this product yet. Already tried it? Be the first to tell others!

Discussion

FAQ

Prop
Forex
Indices
Commodities
RSI
Crypto
Stocks
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.

You may also like

Indicator
Volume
Imbalance
+5
Spot Institutional Order Flow with Proportional Volume Bubbles & Integrated Cumulative Volume Delta (CVD) Intelligence.
Indicator
Volume
Channel
+5
Spots volatility squeezes before they fire — the compression phase everyone else misses.
Indicator
ATR
MSS
+5
Grades ICT Unicorn setups (Breaker Block + FVG confluence) into PRIME / SETUP / WATCH, with retest & RR targets.
Indicator
Forex
BTCUSD
+6
All-In-One solution for ICT's FVG IFVG ORDERBLOCK in advanced mode.
Indicator
RSI
Forex
+4
New version of one of my favorites includes Fibonacci and moving average convergence divergence lines
Indicator
AI
SMC
+5
Complete ICT Killzones: 5 sessions, easy colors, transparency controls & session info. Professional timing for cTrader.
Indicator
VWAP
Moving Average
Vwap Bands it is highly sought after by professional traders because it includes Standard Deviation Bands
Indicator
Forex
BTCUSD
+10
6-stage IIR filter trend indicator with colored line segments, reversal signals, alerts, and entry arrows.
Indicator
Forex
EURUSD
+5
Fimathe Indicator - Fimathe PCM - Automated Trend Channels & Levels — Ideal for live trading and backteting
Indicator
Indices
Custom ADX Indicator for precise trend analysis. المؤشر المخصص ADX لتحليل الاتجاه بدقة
Indicator
AI
ATR
+27
Support and Resistance with signals
Indicator
MSS
Key Levels
+2
Simple Support and Resistance automatically calculates key price structure. plots clean minimal S/R lines, no clutter
Indicator
RSI
Signal
+2
Dynamic circles visualize price's volatility position. Like RSI for market overextension & stretch. Quantify context.
Indicator
ATR
VWAP
+4
Structure-aware indicator that re-anchors VWAP to confirmed swing pivots.
Indicator
Prop
Forex
+4
This is an indicator that can alert you about trendlines, horizontal lines and vertical lines.
Indicator
ATR
Forex
+3
LevelMaster S/R: Pinpoint key support & resistance zones with precision. Perfect for traders of all levels Trade smarter
Indicator
CandleCounterAlex – Candle Cycle Counter with Colors and Adjustable Position.
Indicator
Prop
Forex
+2
⚔️ JPY Samurai Breakout Pro — Professional Breakout Indicator for cTrader ⚔️

Price

Since 30/09/2024
44
Sales