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Published:

2018.01.22 09:43

Daniella.mq5 (12.34 KB) view

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Real author: Kvant

Semaphore signal indicator using Average True Range. Signals emerge when ATR starts rising after the previous fall. The indicator color depends on the direction of the candlestick.

Fig.1. The Daniella indicator

Fig.1. The Daniella indicator.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19426

Exp_Stopreversal_Tm

The Expert Advisor is based on the signals of the Stopreversal indicator and is provided with the possibility to set a strict trading time interval.

Ping

A real-time indicator showing the lag of quotes inside the terminal.

risk

Maximum lot calculated based on free margin.

StochValues

The indicator shows a text block with the values of the user defined Stochastic Oscillator period for each timeframe.

Daniella - indicator for MetaTrader 5