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

2015.12.03 16:07
Indicators

Sentiment - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
2848
Rating:
votes: 16

This is a market sentiment indicator. It displays market sentiment — bullish or bearish.

The indicator works on centralized markets, such as FORTS. More in the article Principles of Exchange Pricing through the Example of Moscow Exchange's Derivatives Market.

It should be noted that when working with this indicator it is necessary to consider the current trend (e.g. by a technical analysis).

The Sentiment indicator

Attention: By default the indicator is configured to RTS futures. The attached parameters are for Brent, although they fit RTS as well.

Parameters:

  • Min. order volume — the required volume of limit orders.
  • Min. amount of orders — the required amount of limit orders.
  • Order volume difference — the required difference of the volume of limit orders, i.e. how many times the volume of SELL is greater than BUY and vice versa.
  • Order difference — the required difference of limit orders, i.e. how many times SELL orders are greater than BUY and vice versa.

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13976

Close All Windows Close All Windows

This script closes all windows of selected symbol or all windows of any symbol.

After Testing - Analysis of Operations After Testing - Analysis of Operations

Change in the display of graphical objects created by the strategy tester and simplification of the following visual analysis of the results.

Exp_TriXCandle Exp_TriXCandle

The Exp_TriXCandle Expert Advisor is based on the change of color of the TriXCandle indicator candles.

ColorBullsBearsEyes_HTF ColorBullsBearsEyes_HTF

The ColorBullsBearsEyes indicator with the timeframe selection option available in the input parameters.