The Relative Strength Index (RSI) is one of the technical analysis indicators that traders usually use to measure the volatility of an asset’s price. This indicator is carried out to evaluate whether the asset is in an overbought or oversold position.
Below is the regular RSI indicator :
And this is MTF RSI indicator
New version 2 was released. If you already downloaded previously , you can try the new one for better performance.
Click link below to download:MTF RSI indicator for MT4 (330 downloads)