Smoothed_RSI and RSI_of_MA - MetaTrader 5 Script - MT4/MT5 Resources
Smoothed RSI indicator and moving average RSI.
There are two ways to smooth the RSI:
To let people see the difference between the two ways, select "show_both = true" and people will see both ways on the same chart;
The green line is the RSI_of_MA.
Attachment download
📎 smoothed_rsi_and_rsi_of_ma.mq4 (3.72 KB)
Source: MQL5 #12656
Smoothed_RSI and RSI_of_MA - MetaTrader 5 script usage and filtering recommendations
Smoothed_RSI and RSI_of_MA - MetaTrader 5 scripts are resources related to Forex indicators. 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 on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •