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Indicators

ColorSchaffMomentumTrendCycleCandle - indicator for MetaTrader 5

Nikolay Kositsin | English Русский 中文 Español Deutsch 日本語 Português
Views:
3377
Rating:
(12)
Published:
2015.08.14 16:44
Updated:
2016.11.22 07:32
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The ColorSchaffMomentumTrendCycle indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the ColorSchaffMomentumTrendCycle algorithm.

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

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

Fig.1. The ColorSchaffMomentumTrendCycleCandle indicator

Fig.1. The ColorSchaffMomentumTrendCycleCandle indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13501

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