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- Views:
- 3805
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- Published:
- 2015.01.22 12:23
- Updated:
- 2016.11.22 07:32
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Real author:
lukas1
A colored cloud formed by two moving averages with different timeframes.
This indicator was first implemented in MQL4 and published in CodeBase on February 9, 2007.
Fig.1. lukas1 Indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2424

The BlauHLM indicator with the timeframe selection option available in input parameters.

Indicator Directional Trend Index from the book "Momentum, direction and divergence" by William Blau, implemented in the form of a color histogram.

A colored cloud formed by two RSI oscillators with different timeframes.

Unlike ParabolicSAR this indicator is continuous and more precise. Indicator's calculation is also very easy.