This RSI oscillator analogue is calculated based on five Relative Strength Index indicators.
All editable variables are implemented as indicator input parameters. However, keep in mind that these variables are interdependent to some extent, so you should adjust them more carefully!
FactorN input variables represent the unit weight of TriX with number N in total indicator value.
Fig.1. The ColorZerolagRSI indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13235
The AvgRange indicator with the timeframe selection option available in the input parameters.ATR_Trailing_HTF
The ATR_Trailing indicator with the timeframe selection option available in the input parameters.