Indicators: RSI Candles - Smoothed

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Automated-Trading
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Automated-Trading  

RSI Candles - Smoothed:

Combination of 4 RSI values (RSI of High, Low, Open and Close) displayed as candles.

This version has additional option to enable prices pre-smoothing prior to be used in calculation, which makes it an RSI-of-MA combination. To avoid prices pre-smoothing, use smoothing period that is less than or equal to 1.

Author: Mladen Rakic

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