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You liked the script? Try it in the MetaTrader 5 terminal
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- 12887
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- Published:
- 2017.04.05 09:19
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Plotting up to 256 averages slopes using two color line for each average slope. Supported average types in this version.
- Simple MA
- Exponential MA
- Smoothed MA
- Linear weighted MA
Usual stuff included too (line styles, colors, weights) and usual set of 22 types of prices. This indicator is the same as averages rainbow except that it draws only a two state heatmap which is basically the slope of the average. In the example picture rainbow is on the main chart and heatmap is in its sub-window.

Forex indicator for MetaTrader 5 with show double line of linear regression with position degrees and trend alerts.

Price Direction movement Step Up and Down Forex Indicator for MetaTrader 5 with arrow and alert.

Plotting up to 256 averages on chart.

Smoother - standard deviations adaptive.