Name: SRSI – indicator MetaTrader 5
Brand: RobotFX
SKU: 6244
Price: 4.89 USD
Availability: InStock
Rating: 4 (79 reviews)

Slow Relative Strength Index was described in Stock&Commodities (July 2015).

It has six input parameters:

Period – calculation period
Smoothing – smoothing period
Applied price
Overbought – overbought level
Middle level – middle level
Oversold – oversold level

Calculation:

SRSI = 50.0 * (1.0+ChgRatio)

where:

ChgRatio =NetChgAvg / TotChgAvg
TotChgAvg = PrevTotChgAvg + SF * (Abs(Change) – PrevTotChgAvg)
NetChgAvg = PrevNetChgAvg + SF * (Change – PrevNetChgAvg)
Change= MA – PrevMA
SF = 1.0 / Period

MA – EMA(Applied price, Smoothing)

https://www.mql5.com/ru/code/22511

SRSI – indicator MetaTrader 5

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