Omega Scalping System Colored Candles MT5

The indicator paints candles in the color of the probable direction of the current movement. Calculation of the direction is performed for the specified period. The initial data can be not only standard price values of candles, but also values calculated using moving averages (26 types), and also the Heiken Ashi prices.

The initial parameters are set for М15. I recommend using it together with my other Omega indicators.

Choose the periods and calculation methods carefully when using averaging of the initial data. Parameter for calculation of the upward and downward direction are separated to allow for a wider range of possibilities, but it is recommended to use identical values for each direction.

Attention! Not all combinations of parameters give correct results.

Omega Scalping System Trend Histogram - https://www.mql5.com/en/market/product/39321
Omega Scalping System Price Power - https://www.mql5.com/en/market/product/39298
Omega Scalping System Moving Average - https://www.mql5.com/en/market/product/39385

Parameters

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