Trend indicator. Trend reversal is calculated by the number of candlesticks set in the indicator input parameters. It can be used for setting stop levels. The indicator has been calculated for H2 chart with the input parameter value N=4.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com 02.09.2010.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/688
The indicator displays colored candlesticks depending on the current trend and considering Fibonacci levels correction and also gives alerts or audio warnings in case of a trend change.RSI Strike
The indicator displays the crossing points of RSI (Relative Strength Index) indicators belonging to various periods.