RSI – of adaptive T3 – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • This is RSI that can use adaptive T3 for price filtering.

    It supports 7 types of RSI:

    • Cuttler’s RSI
    • Ehlers’ smoothed RSI
    • Harris’ RSI
    • Rapid RSI
    • RSI
    • RSX
    • Slow RSI

    In some way it is RSI of average — but in this case it is using adaptive T3 (it can be original Tim Tillson T3 or the modified Fulks/Matulich T3 calculation). Also, if the adapting period is set to <=1, then the regular T3 is used (no adapting will happen then). If the T3 period is set to <=1, then it is a regular RSI (regardless of the adapting period set) — any of the chosen RSI types. Levels are adjustable and the indicator is multi time frame version already. The usual set of supported prices is built in in the indicator.

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  • 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
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