MARSICD - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

John Q. Amson

Trend indicator based on two RSI oscillators. In most cases, the period of the oscillator can vary. The final indicator is very similar to the ADX and MACD technical indicators combined on one chart. This indicator should be interpreted in the same way as the two indicators above.

The indicator was first implemented in MQL4 and published in the code base on June 7, 2012 (in Russian).

The indicator uses the SmoothAlgorithms.mqh library class (must be copied to terminal_data_folder\MQL5\Include). The use of these classes is described in detail in the article " Averaging price series for intermediate calculations without using additional buffers ".

Input parameters:

 //+------------------------------------------------------------------------+
//| Indicator input parameters |
//+------------------------------------------------------------------------+
Input Smooth_Method MAMethod= mode_LWMA ; //Smoothing method
Input unit ARSI_PERIOD= 14 ; //RSI A period
Input unit RRSI_Period = 14 ; //RSI RPeriod
Input unit AMA_PERIOD= 5 ; //Send a periodic signal
Input unit RMA_PERIOD= 5 ; //Signal R period
Input unit sMAD_PERIOD= 21 ; //Signal period of histogram
Input unit MP phase = 15 ; //smoothing parameter

Attachment download

📎 marsicd.mq5 (12.72 KB)

📎 smoothalgorithms.mqh (133.8 KB)

Source: MQL5 #968