Mql5 code idea of indicators for beginners? - page 2

phade  
Gerard Willia G J B M Dinh Sy #: https://www.mql5.com/en/docs/indicators/irsi

Yes but they just implement iRSI here and nothing is revealed about the inside workings of iRSI (maybe because it's proprietary code)

In here you will see an actual RSI algo, he does not use iRSI, he does does the function from scratch: https://www.mql5.com/en/code/20650

the code is very cryptic though and not understandable.

It would be nice to understand this "algo scaling":

 return(50.0*(workRsi[r][z+_change]/MathMax(workRsi[r][z+_changa],DBL_MIN)+1));
QQE
QQE
  • www.mql5.com
The QQE (Quantitative Qualitative Estimator) indicator consists of a smoothed Relative Strength Index (RSI) indicator and two volatility-based trailing levels (fast and slow).
Reason: