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The indicator does not recalculate. All that’s necessary is simply to follow along with their indicators — Arrows. The RSI colored signals indicator for MT4 is an easy to follow RSI based trading indicator with buy/sell alerts painted on the chart. 2) The indicator shows a red sell arrow and a blue buy arrow when triggered, I also want the addition of a vertical blue buy line to be printed on the chart and a red sell line. Explore our huge collection of forex indicators. A blue arrow is a buy signal A red arrow is a sell signal According to Bill Williams trading in the zone helps to maximize/double/triple profits when the market goes your way, namely, when momentum, acceleration and price confirm that you have strong trend or acceleration period. vamtam-theme-circle-post Category MT4 Indicator RAVI MetaTrader 4 Forex Indicator Edit RAVI MetaTrader 4 Forex Indicator 2 moving standards calculated in percents are used for the…. To Identify Overbought-Oversold Area. Buy sell Signals indicator It calculates range of bars on charts and then based on histogram it draws an arrow that's once more confirmed when next commencing bar price its excessive in case of purchase arrow or low in case of promote sign, whilst both those situations are glad it attracts an arrow.