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dynamicrs_c.mq5 (11.38 KB) view

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Real author:

Nick A. Zhilin

A trend indicator of the series of indicators without averaging.

Yellow color occurs when the trend changes. The growing trend colors the line in purple, and falling trend - in pink.

This indicator was first implemented in MQL4 and published in CodeBase at mql4.com on 12.09.2007.

Figure 1. The DynamicRS_C indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2329

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DynamicRS_C - indicator for MetaTrader 5