RSI of Adaptive Moving Average Indicator
Platform: MT5 Type: Oscillator Last update: December 7, 2024The RSI of Adaptive Moving Average Indicator for MT5 is, as the name suggests, a combination of Relative Strenght Index and Moving Average indicator. Simply speaking, it plots a smoothed line that follows price. The signal line is either green or orange. A green line indicates bullish trend-momentum, and conversely, an orange line reflects bearish trend-momentum.
Example chart:
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