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Indicators

RSI swings - indicator for MetaTrader 5

Mladen Rakic

Views:
1804
Rating:
votes: 9
Published:
2019.02.19 13:06
Rsi swings.mq5 (8.33 KB)view

Theory :

RSI swings indicator is based on Rsi(oma) indicator and the zone where the values is floating in. You can use the usual set of averages types of Rsi(oma) calculation

  • simple moving average
  • exponential moving average
  • smoothed moving average
  • linear weighted moving average

Usage :

You can use color changes as signals


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