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You liked the script? Try it in the MetaTrader 5 terminal
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- 19494
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- Published:
- 2019.02.27 17:29
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Theory :
We have all sorts of RSI : regular rsi, rsi of averages, .... so far we did not have an RSI of SAR (Parabolic SAR). Here is this version : instead of using prices, it is using parabolic SAR. Results are interesting and are not lacking logic, hence decided to post it here
PS: the RSI used in this calculation is the one using double smoothed Wilder's EMA instead of "simple" Wilder's EMA. Results are a bit smoother (and faster) this way
Usage :
You can use it as any regular RSI