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- Published by:
- Mladen Rakic
- Views:
- 9449
- Rating:
- Published:
- 2016.10.05 15:58
- Updated:
- 2016.11.22 07:32
-
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It is simply showing candles based on 4 averages : average of Open, Close, High and Low. 4 basic types of averages
included (simply, smoothed, linearly-weightend, exponential).
I recommend some experimenting with calculating periods.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16506

The indicator shows the areas, where fast MA and slow MA cross.

Indicator sends the alert when new bar is formed.

The oscillator based on RSI with adjustable period and color scheme.

Middle-High-Low Average - a correlation of two averages.