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Oscillator Candles

With this indicator you can colorize the candles on your chart based on the output of any oscillator indicator. Supporting both built-in and custom indicators, with the ability to set up to 5 custom parameters, custom color scheme, and upper/lower threshold values.

Most built-in indicators in MT5 will be found under "Examples\\" path. For example, to use default RSI indicator, set your indicator path to "Examples\\RSI" in the inputs dialog.

Input01-05 sets the custom parameters of your indicator. Eg. on default RSI indicator only one parameter is set (Period) which will be settable with Input01

Any questions, send me a comment. If you enjoy the product, please leave a rating or review. Thanks!

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This incredible indicator allows you to overlay many moving averages to create a ribbon-like pattern. You can now easily visualize trend strength and determine pivot points by simply looking at the ribbon. Fully customizable Supports Simple , Exponential , Smoothed , and Linear Weighted moving average types Ability to use typical and median and weighted prices as input. Draw up to 32 (user-settable) moving average plots, with customizable period spacing (use length  and start settings) Enable or
With my custom built formula, you can visualize the market similar to displaying a heat map; with color showing at a glance the strength of the current trend, and the bar length showing the intensity of current movement. In more detail: Length of the histogram bar shows the average bar size of the last period, and color (from red to blue) shows the strength of upward or downward movement.  Purple zones can indicate a change into a new trend. Bar period is adjustable so as to measure larger or sm
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jose3905 2023.01.03 23:54 
 

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Natan Saidon
1061
Reply from developer Natan Saidon 2023.01.05 07:39
Hi, thank you much for your feedback! If you'd like to message me with more explanation, I could consider the feature for a future update
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