Smoothed_RSI and RSI_of_MA – indicator MetaTrader 5
by
Smoothed RSI indicator and RSI of Moving Average.
There are two ways to smooth RSI:
Whether someone calculate an RSI (first line) and then smooth it and get a Smoothed_RSI: (second line)
Whether someone get an MA and then take the RSI of this MA, this will be an RSI_of_MA (first line), then it is possible to smooth this RSI_of_MA (second line).
For the people to see the diference between the two ways, selecting “show_both = true”, one will see the two ways on the same chart;
Smoothed_RSI - indicator MetaTrader 5 Smoothed RSI indicator. The indicator is based on moving average data. There are seven configurable parameters: Source period - source…
RSI_Of_MA - indicator MetaTrader 5 RSI of MA is an exponentially smoothed RSI based on exponential moving average data. It has six input parameters: Source…
