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Indicators

ColorZerolagTriX - indicator for MetaTrader 5

Views:
3765
Rating:
(17)
Published:
2015.07.03 11:45
Updated:
2016.11.22 07:32
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This TriX oscillator analogue is calculated based on five Triple Exponential Moving Averages Oscillator indicators.

All editable variables are implemented as indicator input parameters. However, keep in mind that these variables are interdependent to some extent, so you should adjust them more carefully!

FactorN input variables represent the unit weight of TriX with number N in total indicator value.

Fig.1. The ColorZerolagTriX indicator

Fig.1. The ColorZerolagTriX indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13213

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The TriXCloud indicator with the timeframe selection option available in the input parameters.

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Cloud indicator, the envelopes of which represent the TriX oscillator values calculated for High and Low prices.

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