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Views:: 6606
Rating:: (9)
Published:: 2018.12.30 18:39

Self Advance Decline line.mq5 (4.84 KB) view

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Theory :

Based on the description from here : Advance-decline line the indicator counts advances and declines of the symbol it is applied to (instead of counting some other instruments, and that is why the "self" in the name comes. Seems to be useful in the "self" form too

Usage :

You can use color changes as signals

Extended normalized RSI - on chart version

Extended normalized RSI

Self Advance Decline line - with floating levels

Tymen_STARC_Bands_MTF

The Multi timeframe Tymen STARC Bands indicator

Self advance decline line - indicator for MetaTrader 5