Watch how to download trading robots for free

Find us on Telegram!
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

Views:

6086

Rating:

(17)

Published:

2017.05.29 13:56

FILTER_ADX_AM_ch.mq5 (23.62 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: Andrey Matvievskiy

A simple trend indicator based on the smoothed Average Directional Movement Index drawn in the main chart window. The uptrend is marked by a lime dot, if the plus line of ADX is above its minus line. The dot is red if the position of the lines is the opposite. A large dot with a growing ADX is an indication of trend strengthening. A small dot with a falling ADX indicates its weakening.

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 22.07.2009.

Fig1. The FILTER_ADX_AM_ch indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/17975

ParabolicUsMoving

A trend indicator based on the intersections of Parabolic Sar and a moving average.

ThreeCandles_HTF

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

OpenBuyLimitOrder

A script for placing a BuyLimit order

OpenSellLimitOrder

A script for placing a SellLimit order

FILTER_ADX_AM_ch - indicator for MetaTrader 5