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Directed_Movement - indicator for MetaTrader 5

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votes: 17
2016.06.30 12:54
2016.11.22 07:32

Double smoothed RSI indicator in the form of a colored cloud.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

This indicator was first implemented in MQL4 and published in Code Base at on 05.04.2016.

Fig.1. Directed_Movement

Fig.1. Directed_Movement

Translated from Russian by MetaQuotes Software Corp.
Original code:

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