Stochastic_RSI - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Indicator Stochastic RSI is a stochastic indicator calculated based on data from the Relative Strength Index (RSI)
It has six adjustable parameters:
SK = average skiing
SD = average SK
AvgSKI = SMA(SKI, stochastic slowdown)
AvgSK = SMA (SK, random %D periods)
SKI = (RSI - min) / (max - min) * 100.0
Max, Min - the highest and lowest values of RSI within a random %K period range
RSI - Relative Strength Index (Close Price, RSI Period)
Attachment download
📎 stochastic_rsi.mq5 (12.61 KB)
Source: MQL5 #23417
Stochastic_RSI - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
Stochastic_RSI - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •