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Views:: 4829
Rating:: (17)
Published:: 2016.07.20 14:32
Updated:: 2023.03.29 13:47

ColorRsiMACD.mq5 (11.13 KB) view

\MQL5\Include\

SmoothAlgorithms.mqh (130.2 KB) view

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Real author:

Maury74

The MACD histogram based on the difference of the RSI oscillator and its averaging.

The indicator uses SmoothAlgorithms.mqh library classes (copy it to <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".

Fig.1. The ColorRsiMACD indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/15751

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

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ColorRsiMACD - indicator for MetaTrader 5