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RSI with RSI - indicator for MetaTrader 5

Mladen Rakic | English Русский 中文 Español Deutsch 日本語 Português

votes: 18
2018.06.19 16:10

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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