Watch how to download trading robots for free

Find us on Twitter!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:

5241

Rating:

(12)

Published:

2018.08.23 14:16

Anchored_Momentum.mq5 (10.82 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Anchored Momentum indicator by Rudy Stefenel was first proposed in the "Technical analysis of Stocks and Commodities" magazine in 1998.

There are seven configurable parameters:

First MA period;
First MA method;
Second MA period;
Second MA method;
Applied price - moving average calculation price;
Upper limit of the buffered zone;
Lower limit of the buffered zone.

Calculation:

AMOM = 100.0 * MA1/MA2 - 1.0

where:

MA1 = MA(Applied price, First MA period, First MA method)
MA2 = MA(Applied price, Second MA period, Second MA method)

Interpretation: Entering towards the zero or buffer area line crossing. The buffer area serves for cutting off minor price fluctuations. It is also possible to track the divergences of the indicator and price charts.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21642

Advanced_Fractal_On_MA

Advanced Fractal On MA signal indicator searches for fractals of the moving average line. The indicator uses two moving averages for searching upper and lower fractals.

Dematus

Increasing a position volume. Entry signal by iDeMarker (DeMarker, DeM) indicator. Regular trailing and trailing by equity.

Choppy market index - smoothed

MFI smoothed

Anchored_Momentum - indicator for MetaTrader 5