RSI Candles - indicator for MetaTrader 5 One possible way of normalizing prices into a known bound. This is a RSI of High, Low, Open and Close displayed as color candles in it's own sub-window. The interesting is that the prices are reflected in a very close manner to a known 0 to 100 range and that opens a lot of new possibilities.
The Implementation of a Multi-currency Mode in MetaTrader 5 Currently, there are a large number of developed multi-currency trading systems, indicators, and Expert Advisors. Nevertheless, the developers continue to face the specific problems of multi-currency systems development. With the release of the MetaTrader 5 client terminal and the MQL5 programming language, we gained a new opportunity to implement a full fledged ...
RSI Candles - Smoothed - indicator for MetaTrader 5 Combination of 4 RSI values (RSI of High, Low, Open and Close) displayed as candles. This version has additional option to enable prices pre-smoothing prior to be used in calculation, which makes it an RSI-of-MA combination. To avoid prices pre-smoothing, use smoothing period that is less than or equal to 1.
From Elder to the present day, traders make trading decisions analyzing charts at different timeframes. I think, many of you are familiar with the situation when objects that display global trends are applied to higher timeframe charts. After that, a price behavior is analyzed near objects on lower timeframes. During such an analysis, previously created objects may change. Existing MetaTrader 5 tools allow performing this work on a single chart by changing ...
MultiBrainTrend2_V2_x10 - indicator for MetaTrader 5 [QUOTE]Indicator MultiBrainTrend2_V2_x10 displays information about the current trends, using the colors of the indicator BrainTrend2_V2 with ten different timeframes. Each indicator corresponds to one of ten lines of the indicator. The colors of lines and color points are uniquely determined by the color of the candles of the initial indicator. Color points on the lines appear ...
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