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Smoothed Average RSI - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources

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RSI of smoother average - indicator for MetaTrader 5

RSI of smoother average - indicator for MetaTrader 5

RSI of smoother average - indicator for MetaTrader 5

As one of the methods of filtering the rsi signal, averaging is used. This version uses a "smoother" (sometimes perhaps incorrectly called a Jurik smoother) for filtering. To turn off filtering, set the smoothing period to <= 1

You can use color changes on your signal

RSI of smoother average - indicator for MetaTrader 5

RSI of smoother average - indicator for MetaTrader 5


Attachment download

📎rsiiomad_rsmoothere.mq5 (15.79 KB)

Source: MQL5 #24364

Smoothed average RSI - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions

Smoothed Average 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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