Posted by Mohammad Rahhal, Last modified by Diana Alkouni on 14 September 2020 12:20 PM


Public Function RainbowOscillator(chart_ID As Long, applyTo As ENUM_APPLIED_PRICE, levels As Integer, Ma As ENUM_MA_METHOD) As String 


The rainbow oscillator function is based upon multiple time frames of a moving average.


Key Description 
chart_ID Chart identifier, 0 is the current chart ,value of type Long.
applyTo Applied price , can be one of the  ENUM_APPLIED_PRICE.
levels Applied Level ,value of type integer.
Ma Moving average to be used on calculation , can be one of the  ENUM_MA_METHOD.

Return value

Returns the handles of a technical indicator, in case of failure returns an empty string.


Public Sub main()

AlertMessage (RainbowOscillator(0,price_close,9,MODE_SMA))

'Draws the indicator on chart and shows a message box with the indicator name.

End Sub

See Also

Back to VTL Client Script Index

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