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Indicators

Synthetic RSX - indicator for MetaTrader 5

Views:
4743
Rating:
(19)
Published:
2018.09.19 00:19
Synthetic RSX.mq5 (12.29 KB) view
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Basics :

The indicator is very similar to synthetic RSI (originally published here : Synthetic RSI ) except that this version is using RSX for calculation. Using the RSX instead of RSI makes it smoother, without adding lag and some false signals are eliminated that way

Usage :

Color change can be used as potential trend change signal


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Short description.

Cuttlers RSI adaptive EMA ribbon Cuttlers RSI adaptive EMA ribbon

Cuttlers RSI adaptive EMA ribbon

RSX range expansion index RSX range expansion index

RSX range expansion index

RSX range expansion index - with floating levels RSX range expansion index - with floating levels

RSX range expansion index - with floating levels