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ColorCandlesDaily - indicator for MetaTrader 5
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- 11388
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- Published:
- 2010.01.26 11:16
- Updated:
- 2016.11.22 07:32
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The ColorCandlesDaily indicator draws candles with different colors depending on the day of the week.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22
The Market Facilitation Index (BW MFI) is the indicator which shows the change of price for one tick.
MACDThe Moving Average Convergence/Divergence (MACD) is the next trend-following dynamic indicator. It indicates the correlation between two Moving Averages of a price.
The Mass Index is developed to catch the trend reversal points. It is based on changes between maximum and minimum prices. If the amplitude gets wider, the mass index grows; if it gets narrower, the index gets smaller. The mass index was created by Donald Dorcy.
Money Flow Index (MFI)The Money Flow Index (MFI) is the technical indicator, which indicates the rate at which money is invested into a security and then withdrawn from it.