RSI - Adaptive T3 - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
This is the RSI that can be price filtered using Adaptive T3.
It supports 7 RSI types:
In a way, it's the RSI of the average - but in this case, it's calculated using an adaptive T3 (which can be the original Tim Tillson T3 or the modified Fulks/Matulich T3). Additionally, if the adaptation period is set to <=1, regular T3 is used (no adaptation will occur at this time). If the T3 period is set to <=1, then it is a regular RSI (regardless of the set adaptation period) - any selected RSI type. Levels are adjustable and the indicator is already in a multi-time frame version. The usual set of support prices is built into the indicator.
Attachment download
📎 rsi_adaptive_t3_pre-filtered_1.2.mq5 (46.81 KB)
Source: MQL5 #17059
RSI - Adaptive T3 - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions
RSI - Adaptive T3 - MetaTrader 5 Script | Trading Script Download - MT4/MT5 resources are trading script related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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