The original idea for this indicator comes from Mark Jurik (the original inventor of RSX – Relative Strength Quality Index). His idea was to apply RSX to RSX and then to use that as a new indicator. This indicator does that : calculates RSX and then that calculated RSX uses as a new “price” for next RSX calculation
RSX of alb average - indicator MetaTrader 5 RSX (Relative Strength Quality Index) that does not use "pure" price for calculation but uses adaptive lookback average filtered price…
