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ColorWave Multi MA The ColorWave Multi MA is a highly configurable Moving Average (MA) indicator, with some advanced features: 1. Purpose of the indicator It draws a moving average line on the chart. Instead of a single color, it splits the MA into three line segments : Up (green) when the MA is rising, Down (red) when the MA is falling, Flat (gray, dotted) when the MA is flat within a threshold. It supports many MA types , not just the standard SMA/EMA. This is useful for traders because it
## RSI Divergence Printer Indicator MT5 This MetaTrader 5 (MT5) non repainting indicator automatically identifies and prints RSI divergences directly onto your price chart. This indicator can be used at any timeframes and is suitable for scalping, daytrading and swingtrading. In short, it looks for moments when the price is moving in one direction, but the underlying momentum is moving in the opposite direction, signaling a potential trend reversal. ## Explanation of the Indicator This
## RSI Divergence Printer Indicator This MetaTrader 4 (MT4) non repainting indicator automatically identifies and prints RSI divergences directly onto your price chart. This indicator can be used at any timeframes and is suitable for scalping, daytrading and swingtrading. In short, it looks for moments when the price is moving in one direction, but the underlying momentum is moving in the opposite direction, signaling a potential trend reversal. ## Explanation of the Indicator This