WRSI – indicator MetaTrader 5

WRSI - indicator for MetaTrader 5
Oscillator Wilder’s RSI is a normal RSI smoothed by Welles Wilder’s moving average. It has four configurable parameters: Period – calculation period Applied price – calculation price Overbought – overbought level Oversold – oversold level In terms of calculations, Wilder’s moving average is similar to a normal EMA: <span id=”MathJax-Element-126-Frame” class=”MathJax” tabindex=”0″ data-mathml=”WWMA(n)=EMA(2n&#x2212;1)”>WWMA(n) = EMA(2nāˆ’1) … Read more