Volatility adjusted RSI – indicator MetaTrader 5

Volatility adjusted RSI - indicator for MetaTrader 5
RSI is, by definition, a momentum family indicator As such it would be very useful if it was adjusting itself to the market volatility. Since the “regular” RSI is a bit limited in that part, here is a version that uses the simple volatility (published here : Simple Volatility) to adjust the RSI calculation period. … Read more

Volatility adjusted WPR – indicator MetaTrader 5

Volatility adjusted WPR - indicator for MetaTrader 5
This is volatility adjusted WPR (Williams Percent Range). Volatility used for adjusting is the “simple volatility” (no need for it, it is already incorporated in the code of this indicator) There are 2 deviations compared to original WPR: in order to display histogram in a simple way (without usage of 2 extra buffers), the value … Read more