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Published:

2018.03.01 10:58

Updated:

2023.03.29 13:48

\MQL5\Include\

SmoothAlgorithms.mqh (130.2 KB) view

\MQL5\Indicators\

XIBS_Histogram.mq5 (17.17 KB) view

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Real author: Rosh

The Internal Bar Strength indicator implemented in the form of a colored histogram.

The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The detailed description of the class is available in the article Averaging Price Series for Intermediate Calculations Without Using Additional Buffers.

Fig.1. The XIBS_Histogram indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19660

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XIBS_Histogram - indicator for MetaTrader 5