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2012.12.26 10:30

ytg_Trend - indicator for MetaTrader 5

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votes: 19

The real author:

Yuriy Tokman

The trend indicator. When the bars are colored in bright color, trend is maximum, but it is very likely a rollback will take place!

This indicator was first implemented in MQL4 and published in Code Base at on 13.10.2008. 

Fig.1 The ytg_Trend indicator

Fig.1 The ytg_Trend indicator


Translated from Russian by MetaQuotes Software Corp.
Original code:

ytg_Spread_StopLevel ytg_Spread_StopLevel

The indicator displays the spread levels and the minimum acceptable level of stop loss/take profit in points

CorrectedAverage CorrectedAverage

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MATonySignal MATonySignal

The indicator displays trend force and direction

Delta ZigZag Delta ZigZag

Delta ZigZag defines the reversal on a minimal height of the swing and also identifies trend on breakthrough of local minimum/maximum levels and colors zigzag sections in current trend color