The RSI Heatmap Indicator is one of the technical analysis tools in MetaTrader 4 that helps traders visualize the relative strength status of various currency pairs in the form of a heatmap. This MetaTrader4 Currency Strength indicator combines the concept of the Relative Strength Index (RSI) with a heatmap to display trends and the strength of currencies relative to one another.

The RSI Heatmap Indicator generates a heatmap based on the RSI values for each asset. The different colors on the map indicate the overbought and oversold status of the assets: green indicates oversold conditions and buying opportunities, while red indicates overbought conditions and selling opportunities.