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- 2018.04.18 10:42
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Schaff Trend RSI is a useful indicator, but if we follow the slope of the RSI as a signal, it might give us a bit too much signals.
The solution seems obvious: since RSX is "a smoother RSI" without a lag, in this version RSX is calculated instead of RSI. That makes the slope much smoother and produces significantly less color (slope) changes.
![Schaff Trend RSI](https://c.mql5.com/i/code/indicator.png)
Schaff Trend RSI is an RSI of the MACD.
![Kaufman AMA with filter](https://c.mql5.com/i/code/indicator.png)
In addition to the usual parameters that are controlling the way Kaufman AMA is calculated, this version has adjustable smoothing and filter that can eliminate insignificant AMA changes.
![Schaff TCD RSI](https://c.mql5.com/i/code/indicator.png)
Schaff Trend Convergence Divergence indicator has the benefit of putting the Schaff Trend CD on a scale of zero to 100, making it easier to identify potential overbought and oversold levels in a currency trend and is using RSI for a final calculation.
![Schaff TCD RSX](https://c.mql5.com/i/code/indicator.png)
As a logical step to filter out more the possible false signals, this variation of Schaff TCD RSI is using RSX (which is a smoother RSI than the "regular" RSI) to produce a smoother result.