Four semaphore signal indicators based RSI oscillators with different periods on one price chart.
Trend signals occur when the RSI oscillators are in the oversold and overbought areas specified in the input parameters:
input uint rsiUpperTrigger=62; // Overbought level input uint rsiLowerTrigger=38; // Oversold level
Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 19.09.2007.
Figure 1. The X4Period_RSI_Arrows indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2237
The Exp_FisherCGOscillator EA is based on the signals generated by the FisherCGOscillator oscillator.Spread
Trader's simple assistant. The MQL5 Spread indicator shows the current spread of the currency pair on a chart.