TrendRSI_v1 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

Trend Labs Ltd.

This Relative Strength Index is an oscillator with two signal lines.

Indicator input parameters:

 //+------------------------------------------------------------------------+
//|Indicator input parameters |
//+------------------------------------------------------------------------+
Input unit RSIP Period = 14 ; Input ENUM_APPLIED_PRICE RSI Price = PRICE_CLOSE ; Input Unit Fast MAP Period = 9 ; Input ENUM_MA_METHOD FastMA Type = Mode_EMA ; Input Unit Slow MAP Period = 45 ; Input ENUM_MA_METHOD SlowMAType = Mode_EMA ; Input Integer Shift = 0 ; // Horizontal movement of the indicator (in bars)

The indicator was originally written in MQL4 and first published in the code base of mql4.com on September 18, 2007.

Figure 1. TrendRSI_v1 indicator

Attachment download

📎 trendrsi_v1.mq5 (8.97 KB)

Source: MQL5 #2262