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You liked the script? Try it in the MetaTrader 5 terminal

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Published:

2015.11.03 08:03

Updated:

2016.11.22 07:32

laguerre_roc.mq5 (9.46 KB) view

laguerre_roc_htf.mq5 (10.27 KB) view

Download as ZIP, How to download code from MetaEditor

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The Laguerre_ROC indicator with the timeframe selection option available in the input parameters:

input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4;  // Indicator chart period (timeframe)

The indicator requires Laguerre_ROC.mq5 indicator file. Place it in <terminal_data_folder>\MQL5\Indicators.

Fig.1. The Laguerre_ROC_HTF indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13979

dynamix

The indicator plots a fan of Moving Averages and calculates Acceleration/Deceleration for each of them. This gives the ability to see the attenuation of a trend and the moment of its change.

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Laguerre_ROC_HTF - indicator for MetaTrader 5