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
Indicators

FX Fish 2MA - indicator for MetaTrader 5

Published by:
Vladimir Karputov
Views:
5103
Rating:
(13)
Published:
2018.09.27 15:49
FX Fish 2MA.mq5 (10.24 KB) view
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Idea by: Scriptor

MQL5 code author: barabashkakvn

Arrays are averaged using the functions of the built-in MovingAverages.mqh library.

The indicator consists of three indicator constructions:

  • Fish, drawing style DRAW_COLOR_HISTOGRAM - a histogram of colored bars. The main indicator buffer calculated by one of Price Constants;
  • Fish Aver, drawing style DRAW_LINE - a line with the specified color. Contains the Fish array, which is smoothed using simple averaging with the MA1period period;
  • Fish Aver Aver, drawing style DRAW_LINE - a line with the specified color. Contains the Fish aver array, which is smoothed using linear weighted averaging with the MA2period period;

Buy signals - Fish is below zero and is crossed by Fish Aver.

Sell signals - Fish is above zero and is crossed by Fish Aver.

Fish Aver Aver can be used either for a more conservative entry or as a position exit signal.

FX Fish 2MA

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21767

AlterTrend AlterTrend

The indicator colors candlesticks depending on the trend direction.

RSI_Expert RSI_Expert

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

TrendManager TrendManager

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

i-AnyRange2Cld i-AnyRange2Cld

An indicator of two ranges of arbitrary time intervals.