SR-RateIndicator - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Trend, normalized oscillator plotted as a histogram. The variation range is -100/+100. The color of the indicator corresponds to the trend direction.
The next input parameter defines the high and low values at which the trend is considered valid.
Enter an integer at high level = + 20 ; Enter an integer at low level = - 20 ;
The WindowSize input parameter sets the width of the window for calculating the indicator.
Input unit window size = 20 ; //width of window
The indicator was first implemented in MQL4 and published in the code base of mql4.com on February 29, 2008.
Figure 1 SR-RateIndicator indicator
Attachment download
📎 onesidegaussian.mqh (12.93 KB)
📎 sr-rateindicator.mq5 (6.65 KB)
Source: MQL5 #1522
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