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Rainbow indicators
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=59591
Forum: 38 · Topic 59591 · 4 post(s)
Rainbow indicators
Alexander.Gettinger · Thu Sep 26, 2013 3:11 pm
Formulas: MA1 = MA(Price), MA2 = MA(MA1), MA3 = MA(MA2), MA4 = MA(MA3), MA5 = MA(MA4), MA6 = MA(MA5), MA7 = MA(MA6), MA8 = MA(MA9).
Download:
Re: Rainbow indicators
Alexander.Gettinger · Thu Sep 26, 2013 3:16 pm
Average rainbow:
Formulas: Average rainbow = (MA[1]+MA[2]+…+MA[Number])/Number, where MA[1] = MA(Price), MA[2] = MA(MA[1]), ………………….. MA[N] = MA(MA[N-1]).
Download:
For this indicator must be installed MA_Rainbow indicator.
Re: Rainbow indicators
Alexander.Gettinger · Thu Sep 26, 2013 3:20 pm
Mel Widner Averaged Rainbow:
Formula: Average Rainbow = (5MA[1] +4MA[2]+3MA[3] +2MA[4] +MA[5] … + MA[10]) /20.
Download:
Mel_Widner_Averaged_Rainbow.mq4
For this indicator must be installed MA_Rainbow indicator.
Re: Rainbow indicators
Alexander.Gettinger · Thu Sep 26, 2013 3:24 pm
Zero lag rainbow:
Formulas: Zero lag rainbow = MA[1]+Diff, where MA[1] = MA(Mel Widner Averaged Rainbow), Diff = MA[2]-MA[1], MA[2] = MA(MA[1]).
Download:
For this indicator must be installed MA_Rainbow indicator and Mel Widner Averaged Rainbow.