fbpx
Indicators Metatrader 5Trend Following

Slow RSI

Slow RSI

For those who feel that regular RSI is too fast and too noisy to be used on regular trades or in EAs and want to have an alternative to meter the Momentum of the Price, here is a solution presented in the great article of the Technical Analysis of Stocks & Commodities magazine (April 2015), by Vitali Apirine, called: Slow Relative Strenght Index.

Its reading is almost the same as the regular RSI, but its levels of Overbought and Oversold are 80 and 20 instead. SRSI is very powerful to show divergencies between Price and the oscillator. As with all indicators out there, you must calibrate it to your liking/strategy/symbol/timeframe.

HOW TO READ THE SRSI

  • You can use it as centerline crossovers.
  • Overbought/Oversold (80/20) level analysis.
  • Divergencies between Price and the SRSI.

SETTINGS

  • Period (past bars) for analysis
  • Smoothing level to apply to the RSI result
  • Price Type to use for the analysis
  • Overbought and Oversold Levels and Styles

Enjoy!

If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)…

This will mean A LOT to me… And this way I can continue to give away Cool Stuff for Free…

With No Strings Attached!  Ever!

Live Long and Prosper!

😉

Artigos relacionados

Um Comentário

Deixe um comentário

O seu endereço de e-mail não será publicado. Campos obrigatórios são marcados com *

Verifique também
Fechar
Botão Voltar ao topo