ColorXRSI_Histogram – indicator MetaTrader 5

Fig1. The ColorXRSI_Histogram indicator
The smoothed Relative Strength Index oscillator with the color indication of overbought/oversold level breakouts and of the histogram direction. Depending on the value of the indicator’s input parameter: input ENUM_COLOR_MODE Mode=ENUM_LEVELS; //Breakout indication method There are two variants of histogram coloring: Breakout of overbought/oversold levels; Change of direction. For better histogram readability, the indicator is … Read more