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The   Relative Strength Index   technical indicator (RSI) is a price-following oscillator that ranges between 0 and 100. When Wilder introduced the Relative Strength Index, he recommended using a 14-day RSI.. Since then, the 9-day and 25-day Relative Strength Index indicators have also gained popularity. A popular method of analyzing the RSI is to look for a divergence in which the security is making a new high, but the RSI is failing to surpass its previous high. This divergence is an indicati
MACD ColorBars paints bar frames according to a trend, as well as changes the histogram color when MACD bars are rising or falling (if   Color Bars   is enabled in the inputs window). The growth of bars indicates a divergence between the fast and slow moving averages, while the decrease indicates their convergence. Parameters Fast Moving Average   - period of the fast moving average; Slow Moving Average   - period of the slow moving average; MA method   - moving average smoothing method (sim