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PercentageCrossover - indicator for MetaTrader 5

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votes: 18
2017.05.29 15:54

Real author: Vic2008

A Moving indicator that does not use averaging in its code.

This indicator was first implemented in MQL4 and published in Code Base at on 07.09.2010.

Fig.1 The PercentageCrossover indicator

Fig.1 The PercentageCrossover indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

RiskSpread RiskSpread

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The script finds on the chart all OBJ_TREND (trendline) objects and moves the line to the specified date with the specified price shift.

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The indicator implements a breakthrough system using the PercentageCrossoverChannel channel.

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Two colored filled rectangles with the display of channel levels. The rectangles are drawn between the values ​​of two channels on one bar of any timeframe of the GRFLeadingEdge indicator.