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MetaTrader 5 Indicator | RSI_Of_MA

13.7.25 0

RSI of MA is an exponentially smoothed RSI based on exponential moving average data.

It has six input parameters:

  • Source EMA period - initial EMA calculation period
  • Source applied price - initial EMA calculation price
  • RSI period - RSI calculation period
  • EMA of RSI period - smoothing EMA period
  • Overbought - overbought level
  • Oversold - oversold level

Calculation:

RSIofMA = EMA(RSI, EMA of RSI period)

where:

RSI - RSI(SrcMA, RSI period)

SrcMA - EMA(Source applied price, Source EMA period)

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