Smoothed RSI indicator is a free and popular MT5 forex indicator that is useful for traders of all levels. It is based on the Relative Strength Index (RSI) indicator and helps to identify the trend direction, determine the overbought and oversold levels, and find potential entry and exit points for trading. The Smoothed RSI indicator utilizes a smoothing process to reduce the noise of the RSI indicator and make it easier to interpret. It is based on the standard RSI formula, but uses a different approach to calculate the RSI value. This approach makes it more responsive to market changes and allows traders to spot trading opportunities more quickly. The Smoothed RSI indicator is easy to use and can be added to any MT5 chart. It is displayed as a single line that oscillates between 0 and 100. Traders can use the indicator to identify the trend direction, determine the overbought and oversold levels, and find potential entry and exit points for trading. It is free, easy to use, and can be added to any MT5 chart.
MT5
![](https://www.mt4collection.com/wp-content/uploads/2023/07/Smoothed-Rsi-Indicator-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/07/Smoothed-Rsi-Indicator-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/07/Smoothed-Rsi-Indicator-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/07/Smoothed-Rsi-Indicator-screenshot-3-230x144.png)
Smoothed RSI
The Smoothed RSI indicator for MT5 is a useful free Forex indicator that is becoming increasingly popular among traders. It works by taking the average of the RSI over a period of time, which reduces the amount of noise and makes it easier to identify trends. The Smoothed RSI indicator is a great way to stay ahead of the market and make informed trading decisions.
Trading Style | |
---|---|
Indicator Type | |
Timeframe | , |
Platform |
0
People watching this product now!
Category: Stochastic
Downloads - 21
Description
Reviews (0)
Be the first to review “Smoothed RSI” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Schaff Trend Cycle
The Schaff Trend Cycle indicator is a popular forex indicator for MT4, which determines market trends with high accuracy. Its values range from 0 to 100, with values above 75 indicating overbought and values below 25 indicating oversold. Whether you are a beginner or an experienced trader, the Schaff Trend Cycle indicator will help you make better trading decisions and improve profitability.
Woodies CCI Arrows Oscillator
The Woodies CCI Arrows Oscillator Indicator is a popular MT4 technical analysis tool used by forex traders to identify trends and potential entry and exit points wich based on the Woodies CCI system, which helps traders to identify when a trend is strong and when it may be weakening. The arrows on the indicator show when the price is moving in a particular direction, and the oscillator provides additional confirmation of the trend's strength. The Woodies CCI Arrows Oscillator Indicator is a valuable addition to any trader's toolkit, and it can help traders make better-informed trading decisions.
MACD True
The MACD True Indicator is a popular and useful MT4 forex indicator that helps traders identify trends and momentum in the market. It is a modified version of the traditional MACD indicator that incorporates a color-coded histogram to provide more visual cues for traders. This indicator works by measuring the difference between two moving averages, and it is often used in conjunction with other technical indicators to confirm trading signals. Traders of all levels can benefit from using the MACD True Indicator in their trading strategies.
FX5 MACD Divergence
The MACD FX5 Divergence Indicator is a new and popular forex indicator that runs on the MT4 platform. This is a free indicator that traders can use to identify potential trend reversals and momentum shifts. The indicator is based on the Moving Average Convergence-Divergence (MACD) indicator, which measures the distance between two moving averages. It analyzes the divergence between the MACD indicator and price action and then generates buy or sell signals. Use this indicator to better understand market trends and take advantage of potential profit opportunities.
Momentum Reversal Detector
The Momentum Reversal Detector Indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify potential reversals in market momentum. The indicator uses a combination of moving averages, oscillators, and price action to generate signals when a reversal is likely. The Momentum Reversal Detector Indicator is a great tool for any Forex trader looking to capitalize on short-term reversals.
Power Trend
The Power Trend indicator for MT4 is a new and free popular forex technical analysis tool that helps traders identify trends, their direction, and strength visually in different colors. The colored histogram of the Power Trend indicator helps traders plan their trading strategies by providing insights into the trend's strength and maturity level. The indicator changes color to indicate weak or strong trends, allowing traders to maximize their profits and exit the trade at the right time. Download the Power Trend indicator for free and enhance your trading experience.
Reviews
There are no reviews yet.