JMA's RSI - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
There are ways to make the RSI smoother (and show fewer false signals). One is to filter/smooth prices before using them in RSI calculations
Jurik smoothing is one way to achieve this, as it is highly responsive to market changes and results in smooth results. This version of RSI is producing very nice smooth results with far fewer false results
Attachment download
📎 rsi_of_jma.mq5 (15.26 KB)
Source: MQL5 #21333
JMA's RSI - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening recommendations
JMA's 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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •
