NonLag Inverse Fisher Transform of RSX – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • Inverse fisher transform version of nonlag smoothed RSX.

    Since RSX is already a “smoother than RSI” RSI, if you wish to turn the nonlag smoothing off, then simple set the nonlag smoothing period to <=1.

    This version is extended (compared to MetaTrader 4 version NonLag Inverse Fisher Transform of RSX) with a set of 22 price types and a bit different look and feel (using the MetaTrader 5 possibilities).

  • How to install MT5 indicator?
  • 1. On the desktop, double-click to open the MT45 trading platform software you installed.
  • 2. Click on “File” in the upper left corner – “Open Data Folder”, double-click the MQL5 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT5, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window