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Color RSI Alert (MT5) — review, price and free alternatives
MT5 indicator$60 on MQL5by Shavkat Ilxomov
Color RSI Alert is a MetaTrader 5 indicator by Shavkat Ilxomov, sold on the MQL5 Market for $60. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Color RSI Alert — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Shavkat Ilxomov
- Price
- $60
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Color RSI Alert on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Colored RSI with Custom Levels 46/50/54 + Live Value Display This is a visually enhanced RSI indicator designed for clearer momentum analysis in ranging and trending markets.
Before you buy Color RSI Alert
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Color RSI Alert
Compiled from its public MQL5 listing. FxRobotEasy has not traded Color RSI Alert; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Color RSI Alert review examines real performance and trading analysis to help you make informed decisions. Color RSI Alert by Shavkat Ilxomov represents a comprehensive automated trading solution for MT5 traders. What sets Color RSI Alert apart is its balanced approach to trade execution and capital preservation.
Risk notes
Color RSI Alert implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Shavkat Ilxomov
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Color RSI Alert on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Trendopedia AIby FxRobotEasy
Our trend-following robot for the major FX pairs
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick Trendopedia AIIt starts on a free demo account: virtual money, every trade visible.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- Trendopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Color RSI Alert or Trendopedia AI?
| Color RSI Alert | Trendopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($60) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Shavkat Ilxomov | FxRobotEasy |
Color RSI Alert — questions
What is Color RSI Alert?
Color RSI Alert is a MetaTrader 5 indicator published on the MQL5 Market by Shavkat Ilxomov, priced at $60 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Color RSI Alert work on MT4 or MT5?
Color RSI Alert runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Color RSI Alert cost?
Color RSI Alert is a paid product listed at $60 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-03-23. It is sold and downloaded through the developer's (Shavkat Ilxomov) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Color RSI Alert?
FxRobotEasy has not traded Color RSI Alert on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Color RSI Alert elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.