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Kijun-Sen with alerts - indicator for MetaTrader 5

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Published by:
votes: 36
2017.01.18 10:10

The indicator represents the Kijun-sen line of the Ichimoku indicator. Kijun-sen is the mean of the high and low prices over the specified period. When the line is crossed by candles on the chart, this may indicate a change of trend. Accordingly, the line itself is colored: by default, turquoise color is set for uptrend and orange for the downtrend.

Users can specify a custom period for calculation of the Kijun-sen line.

Added the ability to send alerts when a trend changes or a new bar forms.

Translated from Russian by MetaQuotes Software Corp.
Original code:

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