Instead of using one RSI, the indicator is using 3 instances of RSI.
Those 3 instances of RSI are then used to calculate the “synthetic” value (that is not an average of the 3 since the calculation differs from an average).
As an addition, the prices are pre-filtered prior to be used in RSI calculation. If you wish to omit that part, simply set all the EMA periods to be less than or equal to 1.
Synthetic RSX - indicator MetaTrader 5 Basics : The indicator is very similar to synthetic RSI (originally published here : Synthetic RSI ) except that this…
Synthetic VIX - indicator MetaTrader 5 The Synthetic VIX indicator is based on Larry Williams' TASC article "Fix the VIX": When it comes to describing what…
