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

2015.10.13 10:03
Indicators

i-SpectrAnalysis_BullsPower - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
1201
Rating:
votes: 12

Real author:

klot

This indicator is an example of smoothing the Bulls Power indicator timeseries by filtering high-order harmonics.

You can use this approach for smoothing the output of any indicator. The major advantage of this method is that it has practically zero latency.

Indicator input parameters:

input uint   ForcePeriod=13;
input  ENUM_MA_METHOD   MAType=MODE_EMA;
input ENUM_APPLIED_VOLUME VolumeType=VOLUME_TICK; // Volume
input uint N = 7;   // Series length
input uint SS = 20; // Smoothing coefficient
input int Shift=0;  // Horizontal indicator shift in bars

where:

  • N — sets the series length (power of two);
  • SS — smoothing coefficient in the resulting spectrum zeroes out frequencies exceeding the set value. SS cannot be greater than 2^N. If SS = 2^N, the Bulls Power series is repeated.

This indicator requires the following library: https://www.mql5.com/ru/code/7000.

Fig.1. The i-SpectrAnalysis_BullsPower indicator

Fig.1. The i-SpectrAnalysis_BullsPower indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13767

i-SpectrAnalysis_BearsPower i-SpectrAnalysis_BearsPower

This indicator is an example of smoothing the Bears Power indicator timeseries by filtering high-order harmonics.

Force_3HTF Force_3HTF

Three Force Index indicators from three different timeframes displayed on the same chart.

Chaikin_3HTF Chaikin_3HTF

Three Chaikin Oscillator indicators from three different timeframes displayed on the same chart.

i-VaR95_HTF i-VaR95_HTF

The i-VaR95 indicator with the timeframe selection option available in the input parameters.