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Views:: 25426
Rating:: (39)
Published:: 2014.04.25 14:48
Updated:: 2016.11.22 07:32

trendrsi_v1.mq5 (8.97 KB) view

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Real author:

TrendLaboratory Ltd.

The RSI oscillator with two signal lines.

Indicator input parameters:

//+----------------------------------------------+
//| Indicator input parameters                   |
//+----------------------------------------------+
input uint                 RSIPeriod=14;
input ENUM_APPLIED_PRICE   RSIPrice=PRICE_CLOSE;
input uint                 FastMAPeriod=9;
input  ENUM_MA_METHOD      FastMAType=MODE_EMA;
input uint                 SlowMAPeriod=45;
input  ENUM_MA_METHOD      SlowMAType=MODE_EMA;
input int                  Shift=0;           // Horizontal shift of the indicator in bars

Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 18.09.2007.

Figure 1. The TrendRSI_v1 indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2262

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TrendRSI_v1 - indicator for MetaTrader 5