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

2015.07.28 11:21
Indicators

ColorZerolagMomentum - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
753
Rating:
votes: 15

This variant of Momentum oscillator is calculated based on five Momentum indicators.

All editable variables are implemented as indicator input parameters. However, keep in mind that these variables are interdependent to some extent, so you should adjust them more carefully!

FactorN input variables represent the unit weight of Momentum with number N in total indicator value.

Fig.1. The ColorZerolagMomentum indicator

Fig.1. The ColorZerolagMomentum indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13309

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

Example of MACD Automated Example of MACD Automated

Code example of MACD automated with advanced money management function.

Pivot Star Pivot Star

Pivot indicator. Standard, Fibonacci, Camarilla, Woody's, Demark. Calculates pivot points from previous bar of chosen period (M5 - MN).