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

2016.07.20 14:33
Indicators

Directed_Movement_Candle - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
1027
Rating:
votes: 11

The Directed_Movement indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the Directed_Movement indicator algorithm.

In many situations, such approach may be more informative for the purpose of analysis.

This indicator requires the compiled indicator file Directed_Movement.ex5. Place it in <terminal_data_folder>\MQL5\Indicators.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Fig.1. The Directed_Movement_Candle indicator

Fig.1. The Directed_Movement_Candle indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15754

Exp_ColorRsiMACD Exp_ColorRsiMACD

The Exp_ColorRsiMACD Expert Advisor based on the signals taken from the ColorRsiMACD histogram.

ColorRsiMACD_HTF ColorRsiMACD_HTF

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

Exp_Directed_Movement_Candle Exp_Directed_Movement_Candle

Trading system based on Directed_Movement_Candle indicator signals.

ColorJFatl_Cloud_Digit_HTF ColorJFatl_Cloud_Digit_HTF

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