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Published:
2013.05.15 10:54
Updated:
2016.11.22 07:32
discipline.mq5 (13.52 KB)view

The Discipline trend reversal indicator. The indicator is represented by the histogram which color corresponds to the trend direction. The indicator generates signals for opening positions in the form of arrows and the signals of exit from the positions in the form of cross diamonds.

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 18.10.2008. 

Fig.1 The Discipline indicator

Fig.1 The Discipline indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1672

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