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Published:

2015.07.29 13:58

Updated:

2016.11.22 07:32

colorzerolagmomentumosma.mq5 (9.85 KB) view

colorzerolagmomentumosmacandle.mq5 (8.15 KB) view

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The ColorZerolagMomentumOSMA indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the ColorZerolagMomentumOSMA algorithm.

In many situations, such approach may be more informative for the purpose of analysis.

This indicator requires the the compiled indicator file ColorZerolagMomentumOSMA.ex5. Place it in <terminal_data_folder>\MQL5\Indicators.

Fig.1. The ColorZerolagMomentumOSMACandle indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13327

ColorZerolagMomentumOSMA_HTF

The ColorZerolagMomentumOSMA indicator with the timeframe selection option available in the input parameters.

ColorZerolagMomentum_HTF

The ColorZerolagMomentum indicator with the timeframe selection option available in the input parameters.

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Indicator shows the size of one of the three candlestick elements: upper shadows, lower shadows or bodies. It displays the current candlestick value and the daily average value for a certain element.

FractalsNoRedraw

Bill Williams' fractals indicator based on the built-in Fractals indicator. The distinctive feature of this indicator is that it doesn't repaint.

ColorZerolagMomentumOSMACandle - indicator for MetaTrader 5