RSI Candles Smoothed Indicator
MT5 Trend TradingFree DownloadThe 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.