Join our fan page
SatlMacd - indicator for MetaTrader 5
- Views:
- 6191
- Rating:
- Published:
- 2014.06.02 11:14
- Updated:
- 2023.03.29 13:47
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
This indicator is an oscillator based on the averaged difference between the SATL digital filter and the Close price.
The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
Figure 1. The SatlMacd indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2342
The indicator is drawn as a colored cloud between the lines of a slow digital filter and the price.
FatlMacdAn oscillator from an averaged difference between the FATL digital filter and the Close price.
The Exp_DigitMacd EA is based on the signals generated by the DigitMacd oscillator.
BackgroundCandle_DigitMacd_HTFThe indicator draws candlesticks of a larger timeframe as color filled rectangles in accordance with the colors of the clouds of the DigitMacd indicator.