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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 6808
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- Published:
- 2018.12.30 18:39
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Theory :
Based on the description from here : Advance-decline line the indicator counts advances and declines of the symbol it is applied to (instead of counting some other instruments, and that is why the "self" in the name comes. Seems to be useful in the "self" form too
Usage :
You can use color changes as signals
![Extended normalized RSI - on chart version](https://c.mql5.com/i/code/indicator.png)
Extended normalized RSI - on chart version
![Extended normalized RSI](https://c.mql5.com/i/code/indicator.png)
Extended normalized RSI
![Self Advance Decline line - with floating levels](https://c.mql5.com/i/code/indicator.png)
Self Advance Decline line - with floating levels
![Tymen_STARC_Bands_MTF](https://c.mql5.com/i/code/indicator.png)
The Multi timeframe Tymen STARC Bands indicator