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ColorSchaffRSITrendCycleCandle - script for MetaTrader 5

author EAcpu | 2 reads | 0 comments |

ColorSchaffRSITrendCycleCandle - indicator for MetaTrader 5

The ColorSchaffRSIT trend period is implemented as a candlestick sequence indicator. Candlestick charts are the result of correlated price time series processed by the ColorSchaffRSITrendCycle algorithm.

In many cases, this approach may provide more information for analytical purposes.

This indicator requires compiled indicator file ColorSchaffRSITrendCycle.ex5. Place it in <terminal data folder>\MQL5\Indicators.

ColorSchaffRSITrendCycleCandle - indicator for MetaTrader 5

Figure 1. ColorSchaffRSITrendCycleCandle indicator


Attachment download

📎 colorschaffrsitrendcycle.mq5 (10.93 KB)

📎 colorschaffrsitrendcyclecandle.mq5 (8.61 KB)

Source: MQL5 #13498

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