Synthetic RSX - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
This indicator is very similar to the Synthetic RSI (originally published here: Synthetic RSI ) except that this version uses RSX for calculation. Using RSX instead of RSI makes it smoother, doesn't add latency, and it eliminates some false signals
Color changes can signal potential trend changes
Attachment download
📎 synthetic_rsx.mq5 (12.29 KB)
Source: MQL5 #22381
Synthetic RSX - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
Synthetic RSX - 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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