Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 4232
- Rating:
- Published:
- 2015.04.08 15:44
- Updated:
- 2016.11.22 07:32
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Original author:
RJ Rjabkov Alexander
One more analog of Bollinger Bands and Envelopes with a similar working procedure.
Originally this indicator has been written in MQL4 and was first published in the Code Base on 27.03.2012.
Fig. 1. The Rj_SlidingRange indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/12527

The internal bar indicator showing locations of temporary price consolidation.

The indicator shows trend and side (flat) price movements.

Negative Volume Index (NVI) with the timeframe selection option available in the input parameters.

Range Expansion Index (REI) is a relative oscillator with the timeframe selection option available in the input parameters.