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2016.03.07 09:54
Indicators

Slope Direction Line - indicator for MetaTrader 4

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The trend indicator, used by the Hammering EA from the Market section.

Input Parameters:

  • period = 32 — The indicator period for the subsequent moving average calculations.
  • FilterNumber = 2 — Applied filter size.
  • ma_method = 3 — Averaging method. Can be any of the Moving Average method values: 0 — SMA (Simple Moving Average), 1 — EMA (Exponential Moving Average), 2 — SMMA (Smoothed Moving Average), 3 — LWMA (Linear-weighted Moving Average).
  • applied_price = 0 — Used price. Can be any of price constants: 0 — CLOSE, 1 — OPEN, 2 — HIGH, 3 — LOW, 4 — MEDIAN ((high+low)/2), 5 — TYPICAL ((high+low+close)/3), 6 — WEIGHTED ((high+low+close+close)/4).

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13017

Use MA to draw UpDown_Resistance Use MA to draw UpDown_Resistance

The indicator uses Move Average to draw the level line of up and down.

Dynamic Candle Timer Dynamic Candle Timer

The indicator shows: the remaining time on each candle, the changing value of the Bid price, tick by tick, the relative price position of the Bid/Ask spread.

The logarithmic rate of return, or the increment of price logarithms The logarithmic rate of return, or the increment of price logarithms

This indicator can be useful for arbitrageurs.

Equivolume and range-bars in the strategy tester Equivolume and range-bars in the strategy tester

The script inserts the FXT-file of any custom chart, synthesized from real tick flow, into the strategy tester folder.