The HighestLowestRange (HLR) indicator implemented as a histogram with a color indication of entering the overbought and oversold zones. The first bar upon entering the overbought and oversold zones has a brighter color if preceded by an opposite trend.
Originally the indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 25.01.2007.
Fig.1. The HLR_Histogram indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15043
The ColorJFatl_StDev indicator with the timeframe selection option available in input parameters.ColorHMA_StDev_HTF
The ColorHMA_StDev indicator with the timeframe selection option available in input parameters.