FanWRSI2 - indicator for MetaTrader 5
Fan WRSI with Average line is an RSI fan by J. Welles Wilder in the form of an oscillator in a separate window with the average line.
Oscillator values oscillate with the +1/-1 range
There are seven configurable parameters:
- First RSI period - first CCI calculation period
- Applied price
- RSI count - number of RSI in the fan
- Incremental method - method of incrementing RSI period values:
- Addition
- Multiplication
- Coefficient of increment - increment ratio
- Smoothing period - middle line smoothing period
- Smoothing method - middle line calculation method
Download link :FanWRSI2
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