SRSI – indicator MetaTrader 5
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 * … Read more