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Indicators

MyRsi with NET - indicator for MetaTrader 4

Mladen Rakic
Views:
8982
Rating:
(29)
Published:
2021.11.04 15:04
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In December 2020 issue of TASC, John Ehlers published an indicator called MyRsi with NET (MyRsi with Noise Elimination Technology) in which he uses a sort of Kendall (auto)correlation to filter out signals 

The only deviation in this version is that we can use desired prices (instead of using fixed close price)


Recommendations:

  • you can use it as any other rsi
  • you can combine the signals from rsi and net line (from visual inspection, it seems that net line tends to produce faster and cleaner signals)


MyRsi MyRsi

MyRsi - by John Ehlers : metatrader 4 version

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