Trendy
Posted: Sat Feb 24, 2018 6:19 am
LUA Original: viewtopic.php?f=17&t=4385
Description:
This MT4 version of the LUA Original will color the candles according to the MACD Trend.
1.Position of the MACD signal line.
Up Trend
SIGNAL < MACD and SIGNAL> 0
Down Trend
SIGNAL> MACD and SIGNAL <0
ELSE
Neutral
2.RSI Overbought / Oversold Conditions
Overbought
RSI> 75
Oversold
RSI <25