| Condition | Interpretation | |-----------|----------------| | Histogram above zero | Bullish momentum | | Histogram below zero | Bearish momentum | | Cross above zero | Potential buy signal | | Cross below zero | Potential sell signal | | Divergence (price vs oscillator) | Strong reversal signal |
Look for a cross below the zero line or a drop from the overbought zone (above +20), coinciding with red candles. heikin ashi rsi oscillator mt4
Hidden divergences suggest trend continuation, not reversal. The HA-RSI excels here due to its smoothing. heikin ashi rsi oscillator mt4
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The indicator draws in a separate sub-window below the main chart.