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Indicators

XBarClearCloseTrend - indicator for MetaTrader 5

Views:
3817
Rating:
(14)
Published:
2018.04.18 17:23
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A trend state indicator. It is a signal modification of the trend indicator of the same name.

It has only one input parameter:

  • Period - indicator calculation period.

The indicator displays color marks on a chart indicating the trend state. Six types of marks are possible:

  1. Strongly up - a strong uptrend;
  2. Up - an uptrend;
  3. Uncertainly up - an uncertain uptrend (rollback/consolidation after an uptrend);
  4. Strongly down - a strong downtrend;
  5. Down - a downtrend;
  6. Uncertainly down - an uncertain downtrend (rollback/consolidation after an uptrend).

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20219

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