MyRsi with NET - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
In the December 2020 issue of TASC, John Ehlers published an indicator called MyRsi with NET (MyRsi with Noise Elimination Technology), in which he uses a Kendall (auto)correlation to filter signals
The only deviation in this version is that we can use the desired price (instead of using a fixed closing price)
suggestion:
Attachment download
📎 myrsi_with_net.mq5 (11.48 KB)
Source: MQL5 #36999
MyRsi with NET - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resource usage and screening suggestions
MyRsi with NET - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator 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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