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RSI Color Candles with Moving Average

4.75

See RSI values turned into colored candles

This indicator provides both colored candles and a colored moving average. 6 drawaing styles are provided to allow customization of the color coding.

Applying coding to the chart may help in conceptualizing price trend and impulse movements defined through RSI values.

Features

- optional colored candles

- optional colored ma

- 6 draw styles;

  1. RSI slope
  2. RSI above/below overbought/oversold levels
  3. RSI above/below level 50
  4. RSI above/below it's moving average
  5. RSI-MA slope
  6. RSI-MA above/below 50


Troubleshooting:

- if you do not see any colored candles, unselect the "chart on foreground" option in the common tab of the chart properties (right click on chart, select properties).

- If there are any issues or suggestions for the indicator, please comment and let me know. The feedback will be noted and considered in future updates.


Comentários 4
Jorge Bascope Lazo De La Vega
437
Jorge Bascope Lazo De La Vega 2023.02.25 22:52 
 

Muy buen indicador. Ayuda a establecer la tendencia y se puede usar con cualquier estrategia.

HeMan
26
HeMan 2022.07.26 12:03 
 

excellent, must have in your favourites

Kzimba
73
Kzimba 2024.05.17 18:41 
 

Hi John, I have really enjoyed using your free indicator "RSI Color Candle with Moving Average" May I ask for a favour please. Could you kindly email it to me?

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John Louis Fernando Diamante
A fully featured BB indicator You're no longer limited to the built in default of using BB off a SMA method, now you can choose from: SMA - SMMA - EMA - LWMA - ADAPTIVE - FRACTAL ADAPTIVE - DEMA - TEMA - VARIABLE INDEX DYNAMIC You now also have up to 5 standard deviation levels, with price labels. Styling wise, there are color gradients provided for deviation filling, candles (bars too), deviation lines and texts. Options: - MTF - 9 choices of MA to base the BB off -  5 adjustable deviation
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John Louis Fernando Diamante
A flexible 2-Line MACD indicator The default MACD indicator inside MT4, limits you to using the MACD with a fast-EMA, slow-EMA. This MACD indicator allows you to set your own MA-Method choices for these 2 components, separately! You can select from SMA, EMA, SMMA, LWMA, ADAPTIVE MA, FRACTAL MA, DEMA, TEMA, VARIABLE INDEX DYNAMIC MA, and can even use a separate method for each 2 fast-slow. The signal line has options from SMA-EMA-SMMA-LWMA. On-chart colored candles, with drawing condition types i
Drawing Pack MT5
John Louis Fernando Diamante
This indicator provides several drawing tools to assist in various methods of chart analysis. The drawings will keep their proportions (according to their handle trendline) across different chart scales, update in real time, and multiple drawings are supported. # Drawing Option Description  1 Grid box draggable boxed grid, user defines rows x colums, diagonal ray option  2 Grid partial or fullscreen grid, sized by handle line  3 Grid flex a diagonal grid, sized and sloped by handle line
Filtro:
Kzimba
73
Kzimba 2024.05.17 18:41 
 

Hi John, I have really enjoyed using your free indicator "RSI Color Candle with Moving Average" May I ask for a favour please. Could you kindly email it to me?

123aization
44
123aization 2023.05.01 14:13 
 

Product seems to be delivering on its promise but I 'm still testing. . . Looks good. Thank you for sharing

Jorge Bascope Lazo De La Vega
437
Jorge Bascope Lazo De La Vega 2023.02.25 22:52 
 

Muy buen indicador. Ayuda a establecer la tendencia y se puede usar con cualquier estrategia.

HeMan
26
HeMan 2022.07.26 12:03 
 

excellent, must have in your favourites

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