• Overview
  • Reviews (6)
  • Comments (1)

Slow RSI

4.83

For those who feel that regular RSI is too fast and too noisy to be used on regular trades or in EAs and want to have an alternative to meter the Momentum of the Price, here is a solution presented on the great article of the Technical Analysis of Stocks & Commodities magazine (April, 2015), by Vitali Apirine, called: Slow Relative Strenght Index.

Its reading is almost the same as the regular RSI, but its levels of Overbought and Oversold are 80 and 20 instead. SRSI is very powerful to show divergencies between Price and the oscillator. As with all indicators out there, you must calibrate it to your liking/strategy/symbol/timeframe.


HOW TO READ THE SRSI

  • You can use it as centerline crossovers.
  • Overbought/Oversold (80/20) level analysis.
  • Divergencies between Price and the SRSI.

SETTINGS

  • Period (past bars) for analysis
  • Smoothing level to apply to the RSI result
  • Price Type to use for the analysis
  • Overbought and Oversold levels and Styles


Enjoy!

If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

With No Strings Attached!  Ever!


Live Long and Prosper!

;)

Reviews 6
65638263
244
65638263 2024.03.26 04:49 
 

muchas gracias muy buen indicador lo estoy trabajando de la mejor forma para entenderlo y ver sus resultadados gracias

Tim Williams
1961
Tim Williams 2024.02.16 13:30 
 

Very nice indicator. Thank you. Would you be able to add an alert when the indicator crosses the 50 line?

Bernardo Carvalho
672
Bernardo Carvalho 2023.03.13 19:40 
 

Very good indicator, it cuts a lot of false signals

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Save time and make more accurate decisions with Anchored VWAPs If you want to test the power of this tool, you can download the free Anchored VWAPs indicator for MT5 . In addition to this indicator working independently, it is also an extension for the free Sweet VWAP version. This is because when you click in the free version, the VWAP you see at the mouse pointer will be anchored. And for better understanding, what will be anchored there is this indicator, with all its functionalities. This in
Support And Resistance Screener Breakthrough unique Solution With All Important levels analyzer and Markets Structures Feature Built Inside One Tool ! Our indicator has been developed by traders for traders and with one Indicator you will find all Imporant market levels with one click. LIMITED TIME OFFER : Support and Resistance Screener Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) (offer extended) The available tools ( Features ) in our Indicator are :  1. HH-LL
Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and confirm potential trades.
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Flavio Javier Jarabeck
The Metatrader 5 has a hidden jewel called Chart Object, mostly unknown to the common users and hidden in a sub-menu within the platform. Called Mini Chart, this object is a miniature instance of a big/normal chart that could be added/attached to any normal chart, this way the Mini Chart will be bound to the main Chart in a very minimalist way saving a precious amount of real state on your screen. If you don't know the Mini Chart, give it a try - see the video and screenshots below. This is a gr
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Flavio Javier Jarabeck
5 (1)
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Flavio Javier Jarabeck
The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulnes
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Flavio Javier Jarabeck
ATR Monitor ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. And, by default, this indicator will not show up on screen, you can just use the buffers thems
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Flavio Javier Jarabeck
4.86 (7)
For those who use the Trading Arrows on the chart for later study, but use the Triple Screen approach and got all those arrows everywhere on all additional charts, here it is: Arrows Cleaner! Just drop it on the chart and leave it there. When needed, just with 1-click you get rid of all those annoying arrows... SETTINGS You can position the little Button on any corner of the chart. Additionally you can displace it with the Offset settings. You can enlarge or shrink its size, as well as the tex
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Flavio Javier Jarabeck
5 (1)
Minions Labs' Candlestick Pattern Teller It shows on your chart the names of the famous Candlesticks Patterns formations as soon as they are created and confirmed. No repainting. That way beginners and also professional traders who have difficulties in visually identifying candlestick patterns will have their analysis in a much easier format. Did you know that in general there are 3 types of individuals: Visual, Auditory, and Kinesthetic? Don't be ashamed if you cannot easily recognize Candlest
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65638263
244
65638263 2024.03.26 04:49 
 

muchas gracias muy buen indicador lo estoy trabajando de la mejor forma para entenderlo y ver sus resultadados gracias

Tim Williams
1961
Tim Williams 2024.02.16 13:30 
 

Very nice indicator. Thank you. Would you be able to add an alert when the indicator crosses the 50 line?

bijae
109
bijae 2023.12.01 11:53 
 

I've been using this indicator for some months now....Just thought I'll give it a review today! Great job Jarabeck, thumbs up to you!!!

Flavio Javier Jarabeck
269902
Reply from developer Flavio Javier Jarabeck 2023.12.02 20:24
Thank you for your support and words! :)
Bernardo Carvalho
672
Bernardo Carvalho 2023.03.13 19:40 
 

Very good indicator, it cuts a lot of false signals

Wan Ping Fei
1690
Wan Ping Fei 2021.02.20 09:37 
 

💯💯💯

Aleksandr Tamonin
4109
Aleksandr Tamonin 2021.01.23 14:42 
 

Хороший вариант RSI, пригодится как фильтр сигналов. Спасибо автору!

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