Download MetaTrader 5

Indicators: RSIFilter

To add comments, please log in or register
Automated-Trading
Admin
108086
Automated-Trading  

RSIFilter:

The indicator changes color of bars in a separate window. It is changed to the color of the current trend calculated based on the RSI technical indicator.

If the trend and candlestick direction match, the color of the bar is light, if opposite, the bar is dark.

Figure 1. The RSIFilter indicator

Author: Nikolay Kositsin

To add comments, please log in or register