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- Views:
- 33924
- Rating:
- Published:
- 2016.07.01 10:54
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Modification of the RSI indicator
Changes:
- Changed the number of dimensions (specifically to simplify use in experts)
- The line of the main indicator is composed of 4 with period shifts
- Added a line of smoothing based on T3 (I do not remember whose algorithm it is)
- The signals are moved to separate buffers
- Placed BB on T3 to improve the clarity of changes
Do not use it as a standalone trading tool, it is designed for confirmation of trend indicators.
If it helps anyone to make profit, donations are welcome :-)
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/8678

Oscillator based on turnovers

The script visualizes the deals on the chart in a convenient way.

It can be used as a standalone EA or as a method of recovery from losses

Moving average