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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 5331
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- Published:
- 2018.09.19 00:19
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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

Short description.

Cuttlers RSI adaptive EMA ribbon

RSX range expansion index

RSX range expansion index - with floating levels