RSI Candles Smoothed Indicator

Platform: MT5 Type: Trend

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Last update: September 22, 2024

The RSI Candles Smoothed indicator is a combination of four RSI values (RSI of High, Low, Open and Close) displayed as candles in a sub-window below the main trading chart.

This version has an additional options to enable prices pre-smoothing prior to be used in a calculation, which makes it an RSI-of-MA combination. To avoid prices pre-smoothing, use a smoothing period that is less than or equal to 1.

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