The ColorSchaffRSITrendCycle indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the ColorSchaffRSITrendCycle algorithm.
In many situations, such approach may be more informative for the purpose of analysis.
This indicator requires the compiled indicator file ColorSchaffRSITrendCycle.ex5. Place it in <terminal_data_folder>\MQL5\Indicators.
Fig.1. The ColorSchaffRSITrendCycleCandle indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13498
The Exp_ColorSchaffWPRTrendCycle Expert Advisor is based on the ColorSchaffWPRTrendCycle oscillator change of position relative to the overbought and oversold levels.Exp_ColorSchaffTriXTrendCycle
The Exp_ColorSchaffTriXTrendCycle Expert Advisor is based on the ColorSchaffTriXTrendCycle oscillator change of position relative to the overbought and oversold levels.