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The Relative Strength Index (RSI) is one of the most widely used momentum indicators in the foreign exchange markets. Instead of price as its input, the Schaff Trend RSI uses a MACD Line (the difference between two exponential moving averages).
İn order to have a faster and smoother Schaff Trend RSI is it possible to replace ''MACD Line (the difference between two exponential moving averages). '' with Jurik MACD Line.Or does anyone have different idea for smoother and faster Schaff Trend RSI ?Many thanks.
Has somebody experience with these two EAs?! I hope so. Which settings do you use and on which timeframe do you run the EAs? Thank you for your help!
Kind regards
Alex
Many thanks to Kalenzo providing " MTF_RSIOMA_v2MA.mq4 " indicator on this thread.
Is this the same as " MTF_RSIOMA_v2.mq4 "( without MA)?
Please give advice.
Thank you for your kind help.