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2015.04.10 15:25
Indicators

AML_StDev - indicator for MetaTrader 5

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aml_stdev.mq5 (12.39 KB)view

Original author:

andreybs

The AML indicator with additional trend strength indication using colored dots based on the standard deviation algorithm.

If the standard deviation of the AML indicator is higher than the dK input parameter value, then a colored dot appears on the moving average. Its color corresponds to the current trend direction.

input double dK=2.0;  // Square-law filter coefficient

Fig. 1. The AML_StDev indicator

Fig. 1. The AML_StDev indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/12781

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