MetaTrader 5 MT5 Indicators Smoothed_RSI and RSI_of_MA – indicator MetaTrader 5

Smoothed_RSI and RSI_of_MA – indicator MetaTrader 5

Smoothed RSI indicator and RSI of Moving Average.

There are two ways to smooth RSI:

  1. Whether someone calculate an RSI (first line) and then smooth it and get a Smoothed_RSI: (second line)
  2. Whether someone get an MA and then take the RSI of this MA, this will be an RSI_of_MA (first line), then it is possible to smooth this RSI_of_MA (second line).

For the people to see the diference between the two ways, selecting “show_both = true”, one will see the two ways on the same chart;

The green line is the RSI_of_MA.

Smoothed RSI indicator and RSI of Moving Average.

📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks