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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 43943
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- Published:
- 2010.12.24 08:50
- Updated:
- 2016.11.22 07:32
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Description:
A very useful trend indicator based on the last 16 candles' highs & lows, plus an indication of favourable/unfavourable RSI in the direction of trend indicated.

Tick chart in separate window with Ask line and candle price lines.

The On Balance True Range Indicator is essentially based on the On Balance Volume indicator but uses the Average True Range Period 1 instead of Volume.

A tool to auto insert preset Take-Profit and Stop-Loss limits when an order is executed. Specially when doing scalping manually where you need quick setting of stop limits.

Working as scalper our long trading manage by settings. For scalping use 1-25 signal period, for long trade 25-100 and change period. Always use 2 % money management using this software!!!!