The Smoothed RSI Forex Indicator is a popular and free MT4 indicator that is useful for traders in the Forex market. This indicator is based on the Relative Strength Index (RSI) and is designed to smooth out the price movements of the RSI to produce a more reliable signal. The Smoothed RSI indicator is easy to use and can be applied to any timeframe. It works by taking the average of the RSI over a period of time, which helps to reduce the amount of false signals. The Smoothed RSI indicator is a great tool for traders who want to take advantage of the market’s volatility and make more informed trading decisions.
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