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: https://www.mql5.com/ru/code/423
PCCI (Perfect Commodity Channel Index) is a high frequency part of the price fluctuations normalized using the standard deviation.3D_Oscilator
This oscillator generates market entry and exit signals based on RSI and CCI indicators.