Possibilities that we did not have using metatrader 4 ...
Two hours time frame seems to be a "strange" time frame. It seems to be good in almost any case when we are looking for a trend. Here is an example of rsi(oma) using default settings with an addition of a mild (14 period) price smoothing applied to 2 hour time frame. As it is obvious, it seems to be quite good for trend following strategies
As usual, some experimenting is advised, but as a rule of thumb, rsi(oma) works very well with price smoothing/filtering set to periods like in the example above
![MQL5 - Language of trade strategies built-in the MetaTrader 5 client terminal](https://c.mql5.com/i/registerlandings/logo-2.png)
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Rsi(oma):
Rsi (7 types of RSI) with a lot of additions.
Author: Mladen Rakic