Fast RSI - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources - MetaTrader 5 Resources
This version uses T3 price pre-filtering.
Unlike the MetaTrader 4 version, in MetaTrader 5 we can have more colors for a line and we can do almost the same as in Trading Post. So, this version takes advantage of this possibility to change colors based on values in user-definable steps (the example uses 20 steps for this purpose).
Attachment download
📎 rapid_rsi_adaptive_t3_pre-filtered.mq5 (9.49 KB)
Source: MQL5 #16796
Fast RSI - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions
Fast RSI - 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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