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votes: 24
2013.10.22 09:10
2016.11.22 07:32
pctrend.mq5 (4.68 KB)view

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

Pivot Level is calculated by formula:



  • PL - Pivot level;
  • MAX - maximum price (n bars);
  • MIN - minimum price (n bars);
  • CLOSE - close price.

Price_Channel_Trend indicator

Price_Channel_Trend indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

ChandeQStick ChandeQStick

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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.

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