Join our fan page
Gaus_MA_StDev - indicator for MetaTrader 5
- Views:
- 3933
- Rating:
- Published:
- 2015.05.21 16:50
- Updated:
- 2016.11.22 07:32
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Real author:
Gregory A. Kakhiani
The Gaus_MA indicator with additional trend strength indication using colored dots based on the standard deviation algorithm.
If the standard deviation of the Gaus_MA indicator is between the dK1 and dK2 parameter values, then a small colored dot appears on the moving average. Its color corresponds to the current trend direction.
input double dK1=1.5; // Square-law filter coefficient 1 input double dK2=2.5; // Square-law filter coefficient 2
If the standard deviation becomes higher than the dK2 input parameter value, then the dot size increases. Thus, we get 3 levels of trend strength indication:
- Weak — no dots;
- Medium — small colored dots;
- Strong — big colored dots.
Fig.1. The Gaus_MA_StDev indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/12935
The BBflat_sw indicator with the timeframe selection option available in the input parameters.
Bezier_HTFThe Bezier indicator with the timeframe selection option available in the input parameters.
The ATRratio indicator with the timeframe selection option available in the input parameters.
ATR_MA_Oscillator_HTFThe ATR_MA_Oscillator indicator with the timeframe selection option available in the input parameters.