The ColorZerolagRSIOSMA indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the ColorZerolagRSIOSMA algorithm.
In many situations, such approach may be more informative for the purpose of analysis.
This indicator requires the the compiled indicator file ColorZerolagRSIOSMA.ex5. Place it in <terminal_data_folder>\MQL5\Indicators.
Fig.1. The ColorZerolagRSIOSMACandle indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13303
The ColorZerolagRSIOSMA indicator with the timeframe selection option available in the input parameters.Peak Lines by Price Histogram
This indicator shows the support/resistance lines using price histogram.