Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
Open_Oscillator - indicator for MetaTrader 5
- Views:
- 3460
- Rating:
- Published:
- 2018.08.23 13:38
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Open_Oscillator calculates Open price change dynamics for a specified period of time. It draws two lines - minimum and maximum Open prices for the range relative to the current values, as well as two signal lines.
It has two configurable parameters:
- Period - calculation period;
- Signal period - signal lines smoothing period.
Calculation:
Low = MinPos - Open High = Open - MaxPos SignalLow = EMA(Low, Signal period) SignalHigh = EMA(High, Signal period)
where:
- MinPos - lowest price within the Period range;
- MaxPos - highest price within the Period range.
The location of the signal lines relative to each other indicates a trend, the crossings of the signal and the oscillator lines indicate the entry direction.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21543
Exp_CandleStop_System_Tm_Plus
The trading system based on CandleStop_System indicator signals with the possibility to set a fixed position holding time.
Exp_AbsolutelyNoLagLwma_Range_Channel_Tm_PlusThe trading system based on AbsolutelyNoLagLwma_Range_Channel indicator signals with the possibility to set a fixed position holding time.
Projection_Bands
Projection Bands indicator.
Projection_OscillatorProjection Bands indicator in the form of oscillators.