FX5 SelfAdjustingRSI

FX5 SelfAdjustingRSI

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The RSI oscillator with the boundaries of the overbought/oversold areas expressed by Bollinger Bands.

Indicator input parameters:

//+-----------------------------------+
//|  INDICATOR INPUT PARAMETERS       |
//+-----------------------------------+
input uint Length=12; // RSI period  
input ENUM_APPLIED_PRICE   RSIPrice=PRICE_CLOSE; // RSI timeseries price                
input double BandsDeviation=2.0; // deviation
input bool MA_Method=true; // used smoothing for Bollinger Bands
input int Shift=0; // Horizontal shift of the indicator in bars

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 29.04.2008.

 

MT5 Indicator – Download Instructions

FX5 SelfAdjustingRSI is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

FX5 SelfAdjustingRSI provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install FX5 SelfAdjustingRSI.mq5?

  • Download FX5 SelfAdjustingRSI.mq5
  • Copy FX5 SelfAdjustingRSI.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on FX5 SelfAdjustingRSI.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator FX5 SelfAdjustingRSI.mq5 is available on your Chart

How to remove FX5 SelfAdjustingRSI.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:

FX5 SelfAdjustingRSI

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