Watch how to download trading robots for free
Find us on Telegram!
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:
7841
Rating:
(18)
Published:
2011.08.29 13:37
Updated:
2023.03.29 13:43
jjrsx.mq5 (7.55 KB) view
\MQL5\Include\
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

This is a "standard" Relative Strength Index (RSI) indicator with an ultralinear smoothing instead of a common one.

The indicator uses the CJurX class of the SmoothAlgorithms.mqh library. The use of this class is described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Generated indicator was smoothed using the CJJMA class from the same file. All standard elements of the technical analysis can be applied to this indicator.

JJRSX indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/426

RFTL RFTL

Reference Fast Trend Line (RFTL).

T3Taotra T3Taotra

The fan based on the five T3 moving averages for trend indication.

LRMA LRMA

Moving average indicator with the linear regression smoothing algorithm.

KRI KRI

While creating Kairi (KRI) oscillator, deviation of a price from its simple moving average is calculated. The result is shown in percentage of the average.