CodeBaseSections
Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
to pocket
Indicators

TangoLine - indicator for MetaTrader 5

Nikolay Kositsin | English Русский 中文 Español Deutsch 日本語 Português
Views:
5411
Rating:
(17)
Published:
2016.02.16 15:29
Updated:
2016.11.22 07:32
tangoline.mq5 (7.7 KB) view
Download as ZIP, How to download code from MetaEditor
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Real author:

fxborg

The indicator displays rapid reversals to the dynamic change of the direction. Like steps in tango! It allows you to enter the market early.

Display:

  • tango line (purple line) - the middle of the range, created after the reversal bar;
  • band - high and low range (red and pink line).

Originally this indicator has been written in MQL4 and was first published in the Code Base on 04.02.2016.

Figure 1. The TangoLine indicator

Figure 1. The TangoLine indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14785

ReversalNavi ReversalNavi

The indicator shows the entry point that follows the reversal bar.

XEnvelopes3_HTF XEnvelopes3_HTF

The XEnvelopes3 indicator with the timeframe selection option available in input parameters.

TangoLine_HTF TangoLine_HTF

The TangoLine indicator with the timeframe selection option available in the input parameters.

TangoLineCloud TangoLineCloud

The indicator displays rapid reversals to the dynamic change of the direction in the form of a cloud.