Watch how to download trading robots for free

Find us on Twitter!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:

6705

Rating:

(12)

Published:

2019.01.28 14:09

RSI(oma) (smoother).mq5 (15.79 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Theory :

As one of the way to filter rsi signals, averages are used. This version is using the "smoother" (sometimes, probably wrongly, called Jurik smoother) for filtering. To turn the filtering off, set the smoother period to <= 1

Usage :

You can use color changes for signals

McClellan Oscillator - smoother with floating levels

McClellan Summation Index - smoother with floating levels

MQL5 Version of Position Size Calculator - Based on VP Money Management rules

MT5 (MQL5) Version of Position Size Calculator - Based on VP Money Management rules This version has been tested and works in both versions; in MT4 (MQL4) as well as in MT5 (MQL5). See the original MT4(MQL4) only version here: https://www.mql5.com/en/code/23886 NOTE: I'm aware there appears to be an issue with the volume calculation and cross currency exchange rates. I'm working on fixing these issues.

RSI of super trend

RSI of smoother average - indicator for MetaTrader 5