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Indicators: Figurelli RSI

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MetaQuotes Software Corp.
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188985
MetaQuotes Software Corp.  

Figurelli RSI:

In my opinion, Welles Wilder RSI (Relative Strength Index) is a great momentum oscillator that works fine for small periods values (from 2 to 20). So I did some changes to it performe as good for greater periods, like 120, introducing a gain variable.

Author: Rogerio Figurelli

MQL4 Comments
16316
MQL4 Comments  

thanks for this interesting approach. love it very much.

but can you please give more sample on how to use it correctly in various conditions? pls. tq.

David Little
9
David Little  

Is there a way of modifying your indicator to match what Wilder's version would produce graphically - not be adjusted?  I've had extensive experience in his version and would like to use it on MT4 if possible.  Thanks!!

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