RSI HTF - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

Standard RSI This can be applied to charts with different time frames.

Rising indicator values ​​over 50 are shown in light green, falling indicator values ​​are shown in dark green. Descending values ​​below this value appear in red, while ascending values ​​appear in brown.

Indicator input parameters:

 //+------------------------------------------------------------------------+
//| Indicator input parameters |
//+------------------------------------------------------------------------+
Input ENUM_TIMEFRAMES time range = PERIOD_H4 ; // chart period
Input integer RSI_period = 12 ; // RSI period
Enter ENUM_APPLIED_PRICE application price = PRICE_CLOSE ; // price constant
Input boolean redraw= true ; // Repeat the message in the empty column 

ColorRSI_HTF

Attachment download

📎 colorrsi_htf.mq5 (8.85 KB)

Source: MQL5 #995