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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 6136
- Rating:
- Published:
- 2018.11.06 21:53
- Updated:
- 2019.01.29 16:15
-
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Theory:
The indicator is using 4 TRiX ( Triple Exponential Moving Averages Oscillator) values : of open, close, high and low to construct candles of this indicator. That produces quite a smooth result (which is not a surprise since the TRix itself is smooth) that seems to be usable in trading.
Usage:
You can use the color change as signals.
![RSI candles with Keltner channel](https://c.mql5.com/i/code/indicator.png)
RSI candles with Keltner channels
![Volume weighted awesome oscillator](https://c.mql5.com/i/code/indicator.png)
Volume weighted awesome oscillator