The classic version of the RVI indicator (Relative Vigor Index) that can be arranged so that the time frame of the indicator is fixed at a value different from the chart time frame. The indicator is displayed as a cloud.
Fig.1 The ColorRVI_HTF Indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1039
The New Highs-New Lows index is calculated as the difference between the number of currency pairs that reached new highs over a given period and the number of currency pairs that reached new lows over a given period.Color ZigZag
Multicolor modification of Fast ZigZag.