Bull Bear RSI forex indicator works on all time frame’s and for all currency pairs. Blue colored bars indicate a bullish trend. Red colored bars indicate a bear trend. White bars suggest a flat (sideways) trend. Use this indicator in conjunction with other indicators or trading patterns to provide you with more accurate buy and sell signals.
Download link: Click here to download the Flat Trend RSI.mq4 indicator
Bull Bear RSI Chart Example (EURUSD H1)
Platform: Metatrader 4
Indicator type: Trend