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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 14866
- Rating:
- Published:
- 2010.08.13 09:23
- Updated:
- 2016.11.22 07:32
-
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The indicator is based on the Elder's Impluse system, it plots candles with different colors, dependent on the OsMa (12,26,9) and Moving Average (EMA 13) indicators:
- If OsMa and EMA grows up, the candle color is green;
- If OsMa and EMA falls down, the candle color is red;
- For all other cases the candle color is grey;
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/167

This Expert Advisor is based on Bollinger Bands. It uses trend-following strategy and Bollinger Bands indicator.

It uses martingale, the number of doublings is limited.

This library will allow you to tranfser realtime quotes from MetaTrader 5 to external server application.

It's an oscillator, similar to OsMA with Variable Index Dynamic Average.