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Published:
2010.01.26 11:09
Updated:
2016.11.22 07:32
colorbars.mq5 (2.99 KB)view

The ColorBars Indicator paints bars with different colors depending on the volume changes. If the volume has increased, the color is green, overwise the color is red.

ColorBars indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/59

Chaikin Volatility (CHV) Chaikin Volatility (CHV)

Chaikin's volatility indicator calculates the spread between the maximum and minimum prices. It judges the value of volatility basing on the amplitude between the maximum and the minimum. Unlike Average True Range, Chaikin's indicator doesn't take gaps into account.

Chaikin Oscillator (CHO) Chaikin Oscillator (CHO)

The Chaikin's Oscillator (CHO) is the difference of moving averages of Accumulation/Distribution.

ColorLine ColorLine

The ColorLine indicator shows the line of the price moving average on the chart. The line has diffrent colors (100 bars has the same color). The color settings of the line is changing every 5 ticks, there are 3 color schemes.

Custom Moving Average Custom Moving Average

The Custom Moving Average is example of the Custom User Indicator - it calculates and shows the Moving Average.