The indicator displays the crossing points of RSI (Relative Strength Index) indicators belonging to various periods. Eight RSI indicators are used in total (two indicators per one crossing). The indicator signals must be compared with readings of some other trend indicator.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com 17.07.2009.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/640
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.