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votes: 19
2013.01.14 12:00
2016.11.22 07:32
candlestop.mq5 (6.62 KB)view

The real author:


The indicator to trail the stop levels in the Expert Advisors. Up and low boundaries of the channel have individual input parameters for setting:

input uint UpTrailPeriods=5; //The period of search for high               
input uint DnTrailPeriods=5; //The period of search for low

This indicator was first implemented in MQL4 and published in Code Base at on 28.10.2007.    

Fig.1 The CandleStop indicator

Fig.1 The CandleStop indicator 

Translated from Russian by MetaQuotes Software Corp.
Original code:

SuperSR6 SuperSR6

The indicator for drawing possible Support/Resistance lines on fractals

Exp_MultiTrend_Signal_KVN Exp_MultiTrend_Signal_KVN

The trading system based on the indicator by Vladimir Korykin

StepSto_v1 StepSto_v1

The trend indicator. The indicator line of level 50 can serve as the point to determine the trend

The 4-color АО indicator The 4-color АО indicator

The 4-color АО indicator.