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Views:: 10116
Rating:: (22)
Published:: 2016.12.19 09:43

Rsi_with_Fibonacci_auto_channel_2.mq5 (37.83 KB) view

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RSI (OMA) that shows automatic Fibonacci levels for RSI.

If the prices smoothing period is set to > 1, then the indicator calculates one of the chosen RSI (OMA) values. If the price smoothing is set to <= 1, then the calculated value is RSI. RSI can be one of the 7 types:

Cuttler's RSI
Ehlers' smoothed RSI
Harris' RSI
Rapid RSI
RSI
RSX
Slow RSI

For any RSI value calculated, the indicator automatically shows the Fibonacci levels, so that the value of rsi can be estimated using those levels.

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Rsi(oma) with auto Fibonacci levels - indicator for MetaTrader 5