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Views:: 10141
Rating:: (22)
Published:: 2017.03.22 16:06

STD.mq5 (14.14 KB) view

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Real author: BECEMAL

A simple oscillator that uses the difference between candlestick open and close prices. The indicator is similar to RSI and DeMarker, but is more sensitive. Should be used similarly.

This indicator was first implemented in MQL4 and published in the CodeBase on 26.07.2010.

Fig1. The STD indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/17579

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