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Published:

2018.07.13 16:00

Flat_Trend.mq5 (19.05 KB) view

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Information indicator Flat Trend is based on two standard indicators, ADX and Parabolic SAR, and uses colored marks to show the market state, based on the totality of data provided by the two indicators:

DMI up, SAR up - green marks
DMI up, SAR down - light green marks
DMI down, SAR up - orange marks
DMI down, SAR down - red marks

It has four configurable parameters:

SAR step - step of Parabolic SAR
SAR max - maximum Parabolic SAR
ADX period - ADX calculation period

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21318

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