Smoothed RSI Inverse Fisher Transform by Sylvain Vervoort – indicator MetaTrader 4
The indicator was presented by Sylvain Vervoort in the October 2010 issue of Stocks & Commodities magazine. The article was awarded with the Reader’s Choice award in 2011. It begins by smoothing the price curve with a “rainbow” weighted moving average. This smoothed price curve is used to calculate a RSI, which is then smoothed