Double Stochastic RSI fl indicator: Double Stochastic applied to RSI
Double Stochastic RSI fl indicator - it's a modification Stochastic oscillator for the MetaTrader 5 platform, conducted by the famous author of popular technical indicators mladen.
The Double Stochastic RSI fl indicator implements the double Stochastic applied to the RSI, using floating levels instead of fixed levels to assess oversold and overbought.
In cases where the RSI period <=1, you just get a double Stochastic. You can use additional smoothing of the results (the built-in EMA is used for this). The usual set of 22 price types is available.
Note that indicator Double Stochastic RSI fl should not be confused with the double-smoothed Stochastic - these are different indicators.
Download Double Stochastic RSI fl indicator