Indicators: Rsi(var)

 

Rsi(var):

RSI variation.

Indicator was originally developed by Igor Durkin. Quoting his description (originally posted here : https://www.mql5.com/en/forum/175870)

Igor Durkin:

...

So-called normal RSI uses EMA smoothing with period = 2*Length-1 (or Wilder's smoothing with period=Length).

I've developed RSI indicator with my algorithm of calculation.

Now you can use any values for length and any kinds of smoothing.

...

Author: Mladen Rakic