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Views:: 6853
Rating:: (31)
Published:: 2014.02.25 11:39
Updated:: 2016.11.22 07:32

rvi_bars.mq5 (6.16 KB) view

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Real author:

Perky

The indicator changes the color of the bar to the color corresponding to the current trend, which is determined using the RVI indicator (Relative Vigor Index).

If the trend and candlestick direction match, the color of the bar is light, if opposite, the bar is dark.

Figure 1. The RVI_BARS indicator

Figure 1. The RVI_BARS indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2071

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RVI BARS - indicator for MetaTrader 5