This is MA is in a certain sense an average of all calculation variants of the classical Moving Average.
If we fix the MA period, we get twenty eight variants for its calculation (4 versions of averaging method and 7 versions of the input price). The algorithm is the average of these twenty...
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 is based on CCI (Commodity Channel Index) and the analysis of a trend direction of its multiple signal lines.
A trend direction in this indicator is determined by the cloud color, while its power is determined by the cloud width. You can use the overbought (UpLevel) and...
Ergodic Oscillator by William Blau is based on True Strength Index indicator (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis).
To indicate the trend reversal, the signal line is used.
Buy signal: upward crossover of the signal...
A bit enhanced volatility indicator (ATR) for a specified period.
A breakout is deemed to be genuine, if the body of a formed bar exceeds average true range (ATR). ABS (Close-Open) candlesticks body size is displayed as a histogram. Histogram green columns show volatility breakout...
The MACD oscillator with zero lag. This oscillator is MQL5 version of ZeroLag MACD indicator, published in Russian section of MQL4 CodeBase.
This indicator provides a signal few bars earlier, compared with standard MACD and its divirgence is much more clear.
MACD Histogram, multi-timeframe, multi-color:
This MACD indicator can be applied to any timeframe, higher or lower than the current chart's timeframe.
The values can be calculated based on any of the usual price types. When the indicator is applied to a timeframe lower than the current chart's...
This RSI (Relative Strength Index) indicator can be applied to any timeframe, higher or lower than the current chart's timeframe.
NOTE: If you want to create your own multi-timeframe indicators, this RSI MTF indicator is a good example. It has only one buffer so the code is...
The classic version of the RVI indicator (Relative Vigor Index) that can be arranged so that the time frame of the indicator is fixed at a value different from the chart time frame. The indicator is displayed as a cloud.
Author: Nikolay Kositsin
Relative Vigor Index (RVI) calculation is based on the idea that close prices are usually higher than the open ones during an uptrend.
The oscillator is smoothed to exclude occasional price fluctuations. The signal line is generated the same way. The main advantage of this variant of the...
The indicator plots the Bollinger Bands, filled with different colors depending on the trend direction.
If the price crosses the upper bound (upward trend), the Bollinger Bands fills with blue color, if it crosses the lower bound (downward trend), the Bands filled with pink color. If the...
Standard MACD histogram with coloring (the signal line is colored in red or lime according to the current trend direction). The indicator allows to select averaging algorithm for the histogram itself.
Author: Nikolay Kositsin