Download MetaTrader 5

Watch how to download trading robots for free

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

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

2011.08.26 11:21

MACD-RSI - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Published by:
Nikolay Kositsin
votes: 22
macd_rsi.mq5 (10.73 KB)view

Real author:

Victor G. Lukashuck

Relative Strength Index(RSI) indicator applied to Moving Average Convergence/Divergence (MACD) clearly shows the current price divergence.

Short period reversals (1, 5, 15 min.) are also clearly seen. Crossover of MACD signal line and RSI is an additional signal for market entry, in this case the RSI line changes its color.

The indicator uses the СMoving_Average class of the SmoothAlgorithms.mqh library. The use of this class is described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

This indicator was first implemented in MQL4 and published in Code Base 08.09.2009.


Translated from Russian by MetaQuotes Software Corp.
Original code:


PCCI (Perfect Commodity Channel Index) is a high frequency part of the price fluctuations normalized using the standard deviation.

3D_Oscilator 3D_Oscilator

This oscillator generates market entry and exit signals based on RSI and CCI indicators.


In this MACD histogram the JMA smoothing is used instead of the standard smoothing.


Moving average indicator based on parabolic approximation of price.