Discussion of article "Trading Signal Generator Based on a Custom Indicator"
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New article Trading Signal Generator Based on a Custom Indicator has been published:
I am sure there must be an indicator not included in the standard delivery that you have long wanted to use. And that is the indicator based on which you want to build a trading signal module. I will use the MACD indicator from the standard delivery as such an indicator. The location of the indicator is as follows: ...MQL5\Indicators\Examples\MACD.mq5.
Each indicator can describe one or more market models. A market model is a certain combination of the indicator value and the price value. The models available for the MACD indicator are reversal, crossover of the main and the signal line, crossover of the zero level, divergence and double divergence.
Author: Karputov Vladimir