Skip to content
All library documents

MARSICD: A Trend Indicator Combining Two RSI Oscillators

Article MQL5 code base

Summary

MARSICD is described as a trend indicator built from two RSI oscillators, whose periods can be varied. The author says its combined display resembles aspects of ADX and MACD and should be interpreted in a similar way. The listed settings control the two RSI periods, smoothing method, separate signal periods, histogram signal period, and a smoothing parameter. The description identifies a 2012 publication and notes that the implementation depends on an external smoothing library.

The document explains the indicator’s broad construction and configurable inputs, but does not provide formulas, chart examples, signal thresholds, or empirical evaluation. Its claim of similarity to ADX and MACD is interpretive guidance rather than evidence that the indicator has comparable behavior or predictive value. Traders would need the complete implementation and their own testing to understand how its lines and histogram behave, and to assess whether it adds useful information beyond conventional indicators.

Key ideas

  • MARSICD combines two RSI oscillators to represent trend conditions.
  • The oscillator periods and smoothing and signal settings are configurable.
  • The author suggests reading its display in a manner similar to ADX and MACD.
  • The description does not provide formulas, trading rules, chart examples, or performance tests.
  • The implementation relies on a separate smoothing library.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.