Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2013.10.25 12:24
Indicators

Any Pair Stochastic - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
3364
Rating:
votes: 29

Real author:

Chandra100

Normally if we attach an indicator, it will show the indicator for the current chart only.

With this indicator you can choose the symbol for which you want to apply the indicator. You can add any number of times this indicator with different symbols as inputs.

  • EURUSD and USDCHF have negative correlation.
  • AUDUSD and NZDUSD have positive correlation.

We can add two instances of this indicator for these two symbols and can monitor whether the correlation exists or not.

In other way, we can add three instances of this indicator for 2 major pairs and one for its cross pair. Example: For EURUSD, GBPUSD and EURGBP.

We can see on cross pair how the changes in major pairs affects its movement.

Any Pair Stochastic

Any_Pair_Stochastic indicator

iBarShift iBarShift

There are a lot of users who searched for iBarShift function like in MQL4. But this function is no more include in MQL5, mainly because MQL5 provides all necessary basic, low-level, functions to process such thing in a library.

Price_Channel_Trend Price_Channel_Trend

Trend indicator, based on crossover of pivot level and its median.

Donchian Channel Donchian Channel

Donchian Channel is a volatility indicator based on the calculation of the current price range with the recent highest and lowest prices.

MultiCurrEA MultiCurrEA

An example of how to create a multicurrency Expert Advisor that trades using the Bollinger Bands indicator.