TSICloud - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Cloud-form oscillator based on the correlation of two smoothed momentum on different time scales.
The indicator uses the SmoothAlgorithms.mqh library class (must be copied to terminal_data_folder\MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on July 20, 2006.
Figure 1. TSI Cloud
Attachment download
📎 SmoothAlgorithms.mqh (130.2 KB)
📎TSICloud.mq5 (9.01 KB)
Source: MQL5 #15648
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