Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
YABSI - indicator for MetaTrader 5
- Views:
- 4625
- Rating:
- Published:
- 2018.09.27 15:24
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
A signal indicator YABSI. It shows Buy and Sell labels on the price chart.
It has one parameter:
- Show price typical - display of the typical price line, based on which the calculation is performed, Yes/No.
Calculations:
- if (Close[1] < High and PriceTypical[2] < Close[1]) or PriceTypical[3] < Close[1]: a Sell signal.
- If (Close[1] > Low and PriceTypical[2] > Close[1]) or PriceTypical[3] > Close[1]: a Buy signal.
Note that in order to avoid false entries, signals should be filtered using direction indicators, oscillators and overbought/oversold zones or support/resistance levels.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21686
WMAO
WMAO (Wilder's Moving Average Oscillator) - an oscillator based on Welles Wilder's Moving Average.
WMAThe Wilder's Smoothing Average (WMA) indicator.
Twiggs_Money_Flow
Twiggs Money Flow is an indicator by Colin Twiggs, which uses Welles Wilder's Moving Average.
TriggerLinesThe TriggerLines trend indicator draws two moving average lines colored in accordance with the trend direction: green for upward and red for downward.