Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2012.12.21 11:46
Indicators

The IndMATEMA indicator based on crossing of two MA and two TEMA - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
3409
Rating:
votes: 23
indmatema.mq5 (7.34 KB)view

In equal period and grow of prices the average curve (MA and TEMA), drawn on close prices will be the same as the curve drawn on the open prices. When prices fall there is the opposite situation. The combination of two TEMA which are too detailed displaying the movement of prices and two МА not badly displaying the trend presence gives an interesting result.

The indicator is displayed in a separate window as a histogram. Price movement is displayed by color: green is an increase, red is a falling. There is possibility to draw points of entering to the market by another color: blue is for Long positions, and yellow is for Short positions (should be commented in the text of the indicator).

The example of the indicator work at EURUSD H1


The indicator has delta value that allows to "cut" flat "noise", displaying it by gray color (in non-zero parameter value).


Conclusion:

The idea was to receive signals at one averaging period curves crossing with different types of prices (Open and Close), but the selection of the parameters in the tester for the Expert Advisor using this indicator different periods of averaging gave unexpectedly successful results.

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1289

Exp_ADX_Smoothed Exp_ADX_Smoothed

The trading system based on crossing of the DI+ and DI- lines of the ADX_Smoothed indicator

XMA_Range_Bands_HTF XMA_Range_Bands_HTF

The XMA_Range_Bands indicator variant which can be placed by fixing timeframe of the indicator on a value different from the chart timeframe.

Exp_AML Exp_AML

Trading system using the AML trend Moving Average

Exp_ColorNonLagDotMACD Exp_ColorNonLagDotMACD

The Exp_ColorNonLagDotMACD Expert Advisor drawn on the basis of the signals taken from the ColorNonLagDotMACD histogram