RSI Candles Smoothed Indicator for MetaTrader 5

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.

How to install the RSI Candles Smoothed on your Metatrader 5 trading platform?

  • Download the indicator by clicking “LINK” button at the bottom of this post.
  • Copy and paste the RSI Candles Smoothed files into following folder of your Metatrader 5 (MT5) platform: MQL5 > Indicators.
  • You can gain access to the folders this way: File > Open Data Folder > MQL5 > Indicators (paste files here).
  • Restart your Metatrader 5 Client.
  • Select Chart and Timeframe where you want to test the indicator
  • Browse “Custom Indicators” in your Navigator that is located on the left in your Metatrader 5 platform.
  • Right click on rsi-candles-smoothed.ex5 and than click “Attach to the chart”.
  • You can modify settings if you need and than click ok.
  • The indicator is ready and running on the chart.

In the archives you will find following Metatrader 5 files included:

  • rsi-candles-smoothed.ex5

RSI Candles Smoothed Free Download

To download the RSI Candles Smoothed for Metatrader 5 (MT5) for free just click the button below:

RSI Candles Smoothed Free Download

Related products