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Published:: 2018.06.19 16:10

RSI with RSI.mq5 (14.25 KB) view

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In his article Combining Rsi With Rsi, author Peter Konner describes the use of two different RSI calculations using different lengths to allow trading of retracements as well as longer-term positions. The five-week and 17-week RSI values are used for entry and exits while the 17-week RSI is used for trend direction as an entry filter in the retracement entries.

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RSI with RSI - indicator for MetaTrader 5