The indicator without averaging of the data array, that is a Buy/Sell decision is made in one move.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 18.09.2007.
Figure 1. The XO indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1745
An indicator for short term trading, it can be used as a signal for closing a position or as the filter to enter one.WildersDMI
A complex trend indicator that uses ADX for calculations