If you’re diving into the world of trading, you've probably heard of the Relative Strength Index (RSI), a powerful tool developed by John Welles Wilder Jr. in his groundbreaking book, New Concepts in Technical Trading Systems back in 1978. This indicator is a must-have in your trading toolbox!
What’s great about this version? It utilizes a tweaked formula that boosts computational efficiency while delivering the same reliable results. So, you can expect accurate signals without bogging down your system.
Plus, the code is designed to work seamlessly on both MQL4 and MQL5, thanks to its conditional compilation. And here’s a little tidbit: you can now find all my source code publications under the “Public Projects” tab in MetaEditor listed as “FMIC.” So, getting your hands on the source has never been easier!
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