Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 6840
- Rating:
- Published:
- 2013.02.06 13:17
- Updated:
- 2016.11.22 07:32
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
The real author:
Tartan
Two different period Moving Averages to define the direction of the trend and the semaphore signal indicator to specify the moment for settlement of a deal. Note that the indicator at first was used on small timeframes.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 15.10.2007.
Fig.1 The NDuet indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1507

Function to define the trend strength

The oscillator for intraday trading.

This indicator simply alerts and sends email every time the trend line touched by the price.

The indicator uses in the calculation the deviation of its previous value from price