RSI Color Candles with Moving Average

4.75

See RSI values turned into colored candles

This indicator provides both colored candles and a colored moving average. 6 drawaing styles are provided to allow customization of the color coding.

Applying coding to the chart may help in conceptualizing price trend and impulse movements defined through RSI values.

Features

- optional colored candles

- optional colored ma

- 6 draw styles;

  1. RSI slope
  2. RSI above/below overbought/oversold levels
  3. RSI above/below level 50
  4. RSI above/below it's moving average
  5. RSI-MA slope
  6. RSI-MA above/below 50


Troubleshooting:

- if you do not see any colored candles, unselect the "chart on foreground" option in the common tab of the chart properties (right click on chart, select properties).

- If there are any issues or suggestions for the indicator, please comment and let me know. The feedback will be noted and considered in future updates.


Avis 4
Jorge Bascope Lazo De La Vega
457
Jorge Bascope Lazo De La Vega 2023.02.25 22:52 

Muy buen indicador. Ayuda a establecer la tendencia y se puede usar con cualquier estrategia.

HeMan
26
HeMan 2022.07.26 12:03 

excellent, must have in your favourites

Kzimba
73
Kzimba 2024.05.17 18:41 

Hi John, I have really enjoyed using your free indicator "RSI Color Candle with Moving Average" May I ask for a favour please. Could you kindly email it to me?

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Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tradi
Cet indicateur montre la force relative de huit principales devises (USD, EUR, GBP, AUD, NZD, CAD, CHF, JPY). Les valeurs de force sont normalisées dans la plage de 0 à 100. Une valeur supérieure à 60 signifie fort. Un nombre inférieur à 40 indique une faiblesse. Le principe de base Étant donné huit devises, USD, EUR, GBP, AUD, NZD, CAD, CHF, JPY, où chaque paire de deux peut être combinée, ce qui donne un total de 28 paires, un algorithme inverse est utilisé pour extraire la force des huit devi
Liked the logic of this tool? Explore the full ecosystem of professional indicators and utilities created by a trader for traders: All products by the author on MQL5 Market: https://www.mql5.com/en/users/musa1994/seller Details and trading philosophy: https://developer-mql4-mql5.netlify.app/ Professional Delta Volume MTF v2.0 is a professional indicator for MetaTrader 4 that shows the difference between buy and sell volume (Delta Volume) and Cumulative Delta. Version 2.0 introduces f
Italo Volume Indicator
Italo Santana Gomes
4.92 (79)
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO VOLUME INDICATOR  is the best volume indicator ever created, and why is that? The Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many volume indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Volume Indicator is different , the Italo Volume Indicator shows the wave volume, when market
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Yan Zhen Du
5 (1)
This is a professional chart indicator designed for traders focused on stability and clear price action. It helps filter market noise and provides clear visual entry and exit zones for your trading decisions. Core Features: Strictly Non-Repainting: The system is built with strict non-repaint logic. What you see on the chart is the true historical performance. Confirmed Signals: Signals are triggered and confirmed only after the candle closes . Once a trading arrow appears on a closed candle, it
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John Louis Fernando Diamante
Tick Speed Pro povides a charted record of tick speed to allow you to see the ebb and flow of market activity. Observing patterns in tick speed may allow you to better time entries to reduce slippage and re-quotes. The tick speed plot updates it's entire position to show you only the last N seconds you choose, ideal for scalping and HFT approaches. An alert is provided to signal when the instrument is getting ticks at a higher rate than the alert limit. Multiple loadings are supported to compare
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John Louis Fernando Diamante
5 (1)
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John Louis Fernando Diamante
A flexible 2-Line MACD indicator The default MACD indicator inside MT4, limits you to using the MACD with a fast-EMA, slow-EMA, and signal-SMA. This MACD indicator allows you to set your own MA-Method choices for these 3 components, separately! You can select from SMA-EMA-SMMA-LWMA-DEMA-TEMA, and can even use a separate method for each 3 fast-slow-signal periods. On-chart colored candles, with drawing condition types is included, with a show/hide button too. Features - MA Methods: SMA, EMA, SMM
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4 (1)
This indicator provides several drawing tools to assist in various methods of chart analysis. The drawings will keep their proportions (according to their handle trendline) across different chart scales, update in real time, and multiple drawings are supported. # Drawing Option Description  1 Grid box draggable boxed grid, user defines rows x colums, diagonal ray option  2 Grid partial or fullscreen grid, sized by handle line  3 Grid flex a diagonal grid, sized and sloped by handle line  4 Cyc
Draw by Hand Tool
John Louis Fernando Diamante
This tool provides a freehand drawing method, to treat the chart space as a blackboard and draw by-hand. Drawings can be made to stick to the CHART (moves with chart scroll), or to stick to the WINDOW (does not move with chart scroll). Features: all drawings are individually styled, color, width show/hide each drawing type delete last drawing drawings, on chart and on window, remain through TF changes and terminal re-starts, until the indicator is removed Panel: stylable colors scalable in size
Mini Chart
John Louis Fernando Diamante
This indicator tool provides mini charts, with adjustable symbol/tf that can be dragged and resized into place. Lightweight operation with multiple mini charts are supported. Chart features: adjustable symbol and tf draggable resizeable multiple mini charts color styling and font sizing, foreground/background colors candle coloring candle styles; candles, bars, line, high-low channel optional background color gradient predfined period separators on all tf's (eg 1hr/1day sep on 1Min, 4hr/1day se
Market Ticker Pro MT5
John Louis Fernando Diamante
The only Market Ticker on the market! Add a professional novelty to your workspace, with built in mini-charts A scrolling Market Ticker that displays price changes from all symbols in the Market Watch list. Provides an easy snapshot of symbol prices, and keeps scrolling automatically while you trade and analyse the chart. The ticker color (+/- price changes) are based on either the current or completed candle, and the previous candle. Options include: - MTF, eg choose to show price changes of t
Bollinger Bands Max MT5
John Louis Fernando Diamante
A fully featured BB indicator You're no longer limited to the built in default of using BB off a SMA method, now you can choose from: SMA - SMMA - EMA - LWMA - ADAPTIVE - FRACTAL ADAPTIVE - DEMA - TEMA - VARIABLE INDEX DYNAMIC You now also have up to 5 standard deviation levels, with price labels. Styling wise, there are color gradients provided for deviation filling, candles (bars too), deviation lines and texts. Options: - MTF - 9 choices of MA to base the BB off -  5 adjustable deviation lev
MACD Max MT5
John Louis Fernando Diamante
A flexible 2-Line MACD indicator The default MACD indicator inside MT4, limits you to using the MACD with a fast-EMA, slow-EMA. This MACD indicator allows you to set your own MA-Method choices for these 2 components, separately! You can select from SMA, EMA, SMMA, LWMA, ADAPTIVE MA, FRACTAL MA, DEMA, TEMA, VARIABLE INDEX DYNAMIC MA, and can even use a separate method for each 2 fast-slow. The signal line has options from SMA-EMA-SMMA-LWMA. On-chart colored candles, with drawing condition types i
Pivot Types with Levels MTF MT5
John Louis Fernando Diamante
Fully featured Pivots and Levels indicator Pivots: Floor (normal), Woody, Camarilla, Fibonacci Levels: ATR, Historical Volatility with standard deviations, Close Price Volatility with standard deviations Features: - 4 +/- levels - MTF, pivots/levels based on Daily, Weekly, 4hr or even 15min - Hour and minute time offset - Texts with prices and pip distances to central pivot/level - Inputs for Camarilla/Fibonacci/ATR/Volatility levels - Alerts, popup, push, email, sound, live or completed candle
Drawing Pack MT5
John Louis Fernando Diamante
This indicator provides several drawing tools to assist in various methods of chart analysis. The drawings will keep their proportions (according to their handle trendline) across different chart scales, update in real time, and multiple drawings are supported. # Drawing Option Description  1 Grid box draggable boxed grid, user defines rows x colums, diagonal ray option  2 Grid partial or fullscreen grid, sized by handle line  3 Grid flex a diagonal grid, sized and sloped by handle line  4 Cyc
Filtrer:
Kzimba
73
Kzimba 2024.05.17 18:41 

Hi John, I have really enjoyed using your free indicator "RSI Color Candle with Moving Average" May I ask for a favour please. Could you kindly email it to me?

123aization
44
123aization 2023.05.01 14:13 

Product seems to be delivering on its promise but I 'm still testing. . . Looks good. Thank you for sharing

Jorge Bascope Lazo De La Vega
457
Jorge Bascope Lazo De La Vega 2023.02.25 22:52 

Muy buen indicador. Ayuda a establecer la tendencia y se puede usar con cualquier estrategia.

HeMan
26
HeMan 2022.07.26 12:03 

excellent, must have in your favourites

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