RSI (var) Jurik Smooth MA - MetaTrader 5 Script - MT4/MT5 Resources
As shown, RSI can be calculated using different types of averages (the basic version is posted here: Rsi (variable) )
This version uses Jurik Smooth MA to produce a very smooth RSI
Attachment download
📎rsitvarm_jurik_ma.mq5 (13.62 KB)
Source: MQL5 #21332
RSI (var) Jurik Smooth MA - MetaTrader 5 script usage and screening suggestions
RSI (var) Jurik Smooth MA - MetaTrader 5 Script is a resource related to trading scripts. 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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