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\MQL5\Include\

smoothalgorithms.mqh (134.03 KB) view

tsi_macd.mq5 (8.73 KB) view

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Real author:

MetaQuotes

A TSI oscillator based on the values of the MACD histogram, implemented with its own signal line in the from of a colored cloud.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

The original wlxFractals indicator was developed in the MQL4 language and published in the CodeBase on 07.08.2006.

Figure 1. The TSI_MACD indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7045

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