RSI Custom Smoothing 2
This Old Kings indicator for MetaTrader 5 is called RSI Custom Smoothing 2. As the name suggests, the idea behind it is the RSI oscillator (overbought / oversold zones). It has 6 settings, for example RSI Period (default 14), RSI Color (default clrDodgerBlue) and RSI Width (default 1). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq5) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT5 · v1.0 · Free
About RSI Custom Smoothing 2
RSI Custom Smoothing 2 is an indicator for MetaTrader 5. It has 6 settings, such as Rsi period, Rsi color and Rsi width. MQL source code included.
Files in the download: RSI Custom Smoothing 2.mq5.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi period | 14 | Period |
| Rsi color | clrDodgerBlue | Color line |
| Rsi width | 1 | Width |
| Rsi level down | 35.0 | Value Level Down |
| Rsi level up | 65.0 | Value Level Up |
| Use smoothing | true | Use Smoothing |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: RSI · MT5 Indicator · MQL5 Source Code