It shows the trend direction for multiple currency pairs on the current time frame. The indicator operation is based on the comparison of three MA indicators with different context shift parameter.
The indicator settings are adjusted as follows:
The other parameters of the indicator are adjustable as well. The indicator display corner is also adjustable.
The values of this indicator correspond to the ratio of the top row of the currency pairs to the side column, with the current chart timeframe value.
Display on the chart:
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13457
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.