synthetic-rsi-indicator

Review a smoothed multi-period RSI on MT5.

Last updated: Compatibility: MetaTrader 5
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✓ Free direct download✓ Direct package link available✓ Demo testing recommended
synthetic-rsi-indicator
On this page
  1. What is synthetic-rsi-indicator?
  2. How to use synthetic-rsi-indicator
  3. Where it helps
  4. MT5 Indicator Parameters
  5. How to Install .ex5 Indicator in MetaTrader 5
  6. Download synthetic-rsi-indicator

What is synthetic-rsi-indicator?

synthetic-rsi-indicator chart overview

synthetic-rsi-indicator combines three RSI calculations with EMA smoothing and a signal period. The resulting oscillator is not constrained in exactly the same way as a standard 0 to 100 RSI, but it is intended to serve as a smoother RSI-style view.

A light-blue rising state and an orange falling state are displayed, and the reading tends to stay near the upper area during an upward trend. Its purpose is to make persistence and reversal easier to compare.

How to use synthetic-rsi-indicator

synthetic-rsi-indicator practical chart example

Add synthetic-rsi-indicator to an MT5 chart and compare its colored state with the current trend and recent momentum.

Adjust the three EMA and RSI period pairs, Price, and inpSignalPeriod to compare smoothing and responsiveness while keeping the source input names intact.

Where it helps

Multi-period smoothing

Combines several RSI and EMA windows into one oscillator view.

Directional colors

Separates rising and falling states with visible colors.

RSI alternative

Provides an RSI-style reading without forcing the same fixed upper and lower bounds.

MT5 Indicator Parameters

The table below lists the available MT5 indicator parameters. You can customize these options in the MetaTrader Inputs dialog to match your trading preferences.

ParameterDescription
inpEmaPeriod1Sets this calculation or display option. Default: 48.
inpRsiPeriod1Sets this calculation or display option. Default: 32.
inpEmaPeriod2Sets this calculation or display option. Default: 24.
inpRsiPeriod2Sets this calculation or display option. Default: 16.
inpEmaPeriod3Sets this calculation or display option. Default: 12.
inpRsiPeriod3Sets this calculation or display option. Default: 8.
inpPriceSets this calculation or display option. Default: PRICE_CLOSE.
inpSignalPeriodSets this calculation or display option. Default: 8.
synthetic-rsi-indicator parameter settings
Default MT5 Indicator Settings

The screenshot above shows the default input parameters in the MT5 settings window.

How to Install .ex5 Indicator in MetaTrader 5

  1. Download the ZIP file and extract it.
  2. In MT5, select File → Open Data Folder.
  3. Open MQL5 → Indicators and copy the EX5 or MQ5 file into it.
  4. If the package includes library files, copy them to MQL5 → Libraries. Copy TPL files to the top-level templates folder.
  5. Restart MT5, find the indicator in the Navigator, and drag it onto a chart.

Test the tool on a demo account first. File contents and required folders can vary between packages.

Free indicator package

Is synthetic-rsi-indicator Free to Download?

Yes. The current MT5 package is available at no charge from the direct link below. Test it in a demo environment before using it with live funds.

  • ✓ No purchase required
  • ✓ MT5 indicator package
  • ✓ Demo testing recommended
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Download ZIPsynthetic-rsi-indicator.zipFile type: .zip
Before you trade

Indicators are analytical tools, not guarantees of profit. Test every download in a demo environment and make decisions based on your own risk tolerance.