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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 15484
- Rating:
- Published:
- 2011.12.12 07:59
- Updated:
- 2016.11.22 07:32
-
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Author:
Grzegorz Antosiewicz
The indicator is similar to Bollinger Bands (this same idea), but it uses GruchaAvarage instead of MA for counting.
Image:

EA achieved best results on Renko Chart. Renko Chart is not mine but I used it to write EA on it. EA can trade every pair but I got best results on GBP/USD and EUR/JPY. I'll appreciate any comments.

This is the Figurelli RSI automatic gain version, so input parameters is the same as original Welles Wilder RSI (i.e. period setup). The indicator figures out the gain value based in minimal and maximal values inside the sample and period programmed.