There are several methods of making the RSI smoother (and showing less false signals). One is to filter / smooth the prices prior to be used in RSI calculation
One of the methods for that, due to its high responsiveness to market changes and its smooth results, is the Jurik smoothing. This version of RSI is doing that producing a very nice smooth result wit much less false results
Force index - JMA - indicator MetaTrader 5 Basics : The Force Index (sometimes referred to as “the index”) is another technical analysis concept introduced by Alexander Elder…
CCI JMA based - indicator MetaTrader 5 Basics : Usually CCI is calculated as using average (Simple Moving Average) and mean deviation. This version : In this…
JMA Z-score - indicator MetaTrader 5 Theory : A z-score (aka, a standard score) indicates how many standard deviations an element is from the mean. A…
