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You liked the script? Try it in the MetaTrader 5 terminal
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- 3156
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- Published:
- 2015.07.28 10:55
- Updated:
- 2016.11.22 07:32
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The ColorZerolagRSIOSMA indicator with the timeframe selection option available in the input parameters:
input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Indicator chart period (timeframe)
The indicator requires ColorZerolagRSIOSMA.mq5 indicator file. Place it in <terminal_data_folder>\MQL5\Indicators.
Fig.1. The ColorZerolagRSIOSMA_HTF indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13302

This indicator shows the support/resistance lines using price histogram.

Cloud indicator, the envelopes of which represent the Momentum oscillator values calculated for High and Low prices.

The ColorZerolagRSIOSMA indicator implemented as a sequence of candlesticks.

The script shows the trade volume in lots required to move the position to a desired level.