UniAbsoluteStrength_v2.6 on chart for MT4 build 600+ was created for Premium Trading Forum.
It's
one more kind of AbsoluteStrength which allow to see how this indicator
works on the price chart. This indicator differs from the known RSI
Onchart and Stochastic OnChart because you'll see the Bull and Bear
lines with the blue/red histogramms that show the trend direction and
the trend strength.
Also you can make a choice between 4 OverBought/OverSold Levels:
- Standard Deviation Channel
- Fractal Zone
- High/Low Channel
- Dynamic Zone
read more
here