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MetaTrader 5 Indicator | RSI_Oscillator_Histo

11.7.25 0

RSI Histogram Oscillator displays a smoothed difference of two different-period RSIs as a colored histogram.

It has three adjustable parameters:

  • Fast RSI period
  • Slow RSI period
  • Smoothing - period of smoothing the difference between two RSIs

Calculations:

OscRSI = SMA(RAW, Smoothing)

where:

RAW = FastRSI - SlowRSI

FastRSI = RSI(Fast RSI period)
SlowRSI = RSI(Slow RSI period)

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