Waddah_Attar_Def_RSI - MetaTrader 5 Script - MT4/MT5 Resources
Real author:
MACD is a smoothed histogram based on the RSI technical indicator.
The indicator was first implemented in MQL4 and published in the code base on November 15, 2008.
The indicator uses the SmoothAlgorithms.mqh library class (must be copied to terminal_data_folder\MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.
Figure 1 Waddah_Attar_Def_RSI indicator
Attachment download
📎 smoothalgorithms.mqh (134.03 KB)
📎 waddah_attar_def_rsi.mq5 (7.83 KB)
Source: MQL5 #1659
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