RSD_Histogram(Relative Strength Divergence):
Short description. RSD_Histogram uses MACD Formula. but using RSI, 13SMA on RSI, 9 EMA on RSD. it even checks equilibrium in relation to RSD and Histogram and zero line and do alerts of all kinds, next version will include Divergence of Histogram and RSD. will update it here, when its ready..
Author: Lefy Sithebe
Very nice tool! Nice!
I wanted to add 70% range from the mean(equilibrium) point in both direction -/+ to infinite numbers, but MT4 don't allow buffers(on scale), my developer told me so, but I think in the future, it will possible....
Looks nice / Thanks
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