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Published by:: Mladen Rakic
Views:: 4394
Rating:: (13)
Published:: 2018.02.01 11:37

Rsi(var).mq5 (16.47 KB) view

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Indicator was originally developed by Igor Durkin. Quoting his description (originally posted here : https://www.mql5.com/en/forum/175870)

Igor Durkin:

...

So-called normal RSI uses EMA smoothing with period = 2*Length-1 (or Wilder's smoothing with period=Length).

I've developed RSI indicator with my algorithm of calculation.

Now you can use any values for length and any kinds of smoothing.

...

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Rsi(var) - indicator for MetaTrader 5