Watch how to download trading robots for free

Find us on Facebook!
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:

5084

Rating:

(13)

Published:

2018.09.27 15:48

AlterTrend.mq5 (14.23 KB) view

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

Actual author: OlegVS

The indicator colors candlesticks depending on the trend direction.

Candlesticks in the direction of the signal are bright; those against the direction are dark. Candlesticks in flat are not colored.

Fig. 1. The AlterTrend indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21766

RSI_Expert

An Expert Advisor based on iRSI (Relative Strength Index, RSI).

Wiseman1

The indicator colors candlesticks depending on the position of these candlesticks in relation to the previous candlesticks.

FX Fish 2MA

Indicator - trading system "FX Fish 2MA".

TrendManager

A trend indicator based on the difference between two moving averages.

AlterTrend - indicator for MetaTrader 5