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- Published by:
- Mladen Rakic
- Views:
- 12503
- Rating:
- Published:
- 2016.10.03 18:12
- Updated:
- 2016.11.22 07:32
It does not have signal line and it does not have the price. Instead it is calculating 4 MACD-values (of open, close, high and low) and constructs MACD from those 4 values as a candles. Color of the candles (and the "trend" that macd should show) depends on the macd of open and close (not on a slope or something similar).
A deviation was made in the calculation: I decided to allow the 4 types of averages to be used (even though by definition of Gerald Appel the macd is calculated as ema(fast)-ema(slow)). So we can have a macd of sma, smma and lwma too — all using same calculating periods.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16484

This is an indicator that generates simulated data for any period - but in seconds

Class for working with AES-256 encryption.

The indicator is finding out the minimum and maximum for the desired period and draws fibo zones in those bounds.

This version of Bollinger Bands has a choice of calculating the standard deviation as a sample or as an uncorrected deviation.