Watch how to download trading robots for free

Find us on Telegram!
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:

9668

Rating:

(26)

Published:

2018.09.27 15:13

Slope_Direction_Line.mq5 (12.43 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

The Slope Direction Line indicator is displayed as a colored moving average line indicating the average market movement direction.

The indicator has three input parameters:

Period - calculation period;
Method - calculation method;
Applied price - price used for calculations.

Calculations:

SDL = MA(Vector, Sqrt(Period), Method)

where:

Vector = 2*MA2 - MA
MA2 - MA(Applied price, Period/2, Method)
MA - MA(Applied price, Period, Method)

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21674

Silence

The Silence indicator displays aggressiveness (price change rate, the blue line) and volatility (the red line) in a separate window.

1H EUR_USD

The Expert Advisor utilizes the High and Low analysis, as well as one iMACD (Moving Average Convergence/Divergence, MACD) and two iMAs (Moving Average, MA).

Trading_Channel_Index

The Trading Channel Index oscillator displayed as a color histogram.

Forex Fraus M1

An Expert Advisor based on the iWPR (Williams' Percent Range, %R) indicator with the operation time control.

Slope_Direction_Line - indicator for MetaTrader 5