CodeBaseSections
Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
to pocket
Indicators

PriceAction indicator - indicator for MetaTrader 4

Peter Eskander
Views:
47164
Rating:
(16)
Published:
2016.04.04 16:07
PriceAction.mq4 (10.94 KB) view
Download as ZIP, How to download code from MetaEditor
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

PriceAction indicator based on indicating Price Action candles. It indicates each candle type by different colored histogram bars.

The length of each bar of the histogram indicates the power of Price Action candles.

Templates:

  • PinBar Up --------------> index0 ----> Lime;
  • PinBar Down -----------> index1 ----> Red;
  • Inside Bar UP ----------> index2 ----> Blue;
  • Inside Bar Down -------> index3 ----> Orange;
  • Engulfing Bar UP -------> index4 ----> DarkGreen;
  • Engulfing Bar Down ----> index5 ----> LightCoral;
Count Buy-Sell Position Count Buy-Sell Position

This library has two functions: first to count OP_BUY positions and second to count OP_SELL positions.

BreakEven&TrailingStop BreakEven&TrailingStop

This library has two functions: BreakEven & TrailingStop.

MoneyManagement MoneyManagement

It calculates the lot size depending on risk percentage entered by user in input parameters.

SmartTrail SmartTrail

This library has SmartTrail trail function that depends on the previous candle.