color universal Stochastic index. it is likely to color the rising and falling lines and levels of the index.
The index can be calculated as a standard one according to the purchase price or as a derivative based on another following indicators included in the
standard package of the MetaTrader 4 terminal:
- AD – an index of accumulation and distribution of quantity.
- OBV – index of the balance quantity.
- Volume-tick volume indicator.
- AC-acceleration/deceleration indicator.
- AO is the Williams Oscillator.
- BullsPower-an indicator of the strength of bulls.
- BearsPower-an indicator of the strength of bears.
- BullsPower-BearsPower – the gap between the strength of bulls and bears.
- Force-force index indicator.
- MFI is an indicator of the market relief index.
- ATR-indicator of the average true range.
- Momentum the momentum indicator.
- RSI is an indicator of relative strength.
- Moving Average – the moving average indicator.
- CCI – indicator of the trading channel index.
- ADX is an indicator of the average direction of movement index.
- DeMarker – DeMarker indicator.
- Standard Deviation-standard deviation indicator.
- osma-Convergence/divergence histogram indicator.
- MACD-convergence/divergence indicator.
By default, Price is used.
The indicator can be used for manual or automatic trading as part of an Expert Advisor. For automatic trading
, the readings of indicator buffers of the double type can be used: