Breakout_RSI – indicator MetaTrader 5
Breakout RSI oscillator is based on the article “The Breakout Relative Strength Index” by Howard Wang in the magazine “Technical Analysis of Stocks & Commodities” (September 2015). The indicator has three input parameters: Period – calculation period Overbought – overbought level Oversold – oversold level Calculation: BRSI = 100.0 – 100.0 / (1.0+AvgP/AvgN) where: AvgP … Read more