Watch how to download trading robots for free

Find us on Facebook!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:

9090

Rating:

(19)

Published:

2018.12.18 19:20

Zero_Lag_RSI.mq5 (18.21 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Zero Lag RSI oscillator is an RSI with a minimum delay in the form of a colored histogram.

It features thirteen configurable parameters:

First smoothing period - primary smoothing period
Second smoothing period - secondary smoothing period
First RSI factor - first calculated RSI ratio
First RSI period - first calculated RSI period
Second RSI factor - second calculated RSI ratio
Second RSI period - second calculated RSI period
Third RSI factor - third calculated RSI ratio
Third RSI period - third calculated RSI period
Fourth RSI factor - fourth calculated RSI ratio
Fourth RSI period - fourth calculated RSI period
Fifth RSI factor - fifth calculated RSI ratio
Fifth RSI period - fifth calculated RSI period
Applied price

If Zero Lag RSI values are above zero and rising, the histogram bars are colored green
If Zero Lag RSI values are above zero and falling, the histogram bars are colored light-green

If Zero Lag RSI values are below zero and falling, the histogram bars are colored red
If Zero Lag RSI values are below zero and rising, the histogram bars are colored light-red

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22438

ZeroLagEMA

Zero-Lag EMA indicator

XWPR_Histogram_Vol_Direct

XWPR_Histogram_Vol indicator shows direction of the histogram bars movement using colored icons on these bars

Trend_Signal

Trend Signal indicator

Track_Cyclical

Track Cyclical indicator

Zero_Lag_RSI - indicator for MetaTrader 5