FanWRSI2 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
WRSI Fan with Average Line is the RSI Fan J. Wells Wilder in the form of an oscillator in a separate window with an average line.
The oscillator value oscillates in the range +1/-1
There are seven configurable parameters:
Attachment download
📎 fanwrsi2.mq5 (13.84 KB)
Source: MQL5 #22591
FanWRSI2 - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
FanWRSI2 - 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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