RSX as is is most usually defined as “smoother RSI”, and it is correct in most of the cases.
RSX uses in its calculation what we could call a momentum using period 1. This version is a variation and allows you to use instead any momentum length. Of course, it carries added lag with it (when the momentum period is increased) but in some cases (if the momentum period is increased moderately) it can filter out some false signals.
RSX of RSX - indicator MetaTrader 5 History : The original idea for this indicator comes from Mark Jurik (the original inventor of RSX - Relative Strength…
CCI variation - indicator MetaTrader 5 Theory: The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. It is calculated as:…
Hull Variation - indicator MetaTrader 5 A variation of Hull moving average that allows speed adjusting of the hull moving average. Whistles and bells added too…
Variation - indicator MetaTrader 5 Real author: LeMan This trend indicator shows the current trend direction and moments for closing of the opened position. There…
