Skip to content
All library documents

A Smoothed KRI Oscillator Displayed as a Color Histogram

Article MQL5 code base

Summary

This brief indicator description presents a smoothed KRI oscillator in color-histogram form. It identifies two moving-average components used in the implementation and points to a separate discussion of averaging price series for intermediate calculations. The description therefore gives a high-level view of the indicator’s display and implementation dependencies, but does not explain the KRI calculation, its input parameters, or how histogram colors should be interpreted.

The document includes a figure reference but no trading rules, empirical results, or comparison with other indicators. It can help readers recognize the indicator’s basic form and the smoothing approach involved, while offering little guidance for evaluating signals or using them in a strategy. Any interpretation of the histogram’s predictive value would require further documentation and testing.

Key ideas

  • The indicator displays a smoothed KRI oscillator as a color histogram.
  • Its implementation uses moving-average components from a smoothing library.
  • The description does not specify the KRI formula, parameters, or trading interpretation.
  • No strategy evaluation or performance evidence is provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.