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Views:: 4745
Rating:: (20)
Published:: 2014.04.15 14:24
Updated:: 2016.11.22 07:32

i-gentorlsmaema_v02.mq5 (8.01 KB) view

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Real author:

FX Sniper, KimIV

Trend indicator of two colored lines. Color lines are defined by the trend.

The color of the upper line is determined by the position of the price relative to the classical moving average. The color of the bottom line is determined by the position of the prices relative to LSMA.

Originally this indicator has been written in MQL4 and was first published in the Code Base on 26.09.2007.

Fig.1 Indicator i-GentorLSMAEMA_v02

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2203

A semaphore signal indicator. Four last bars are analyzed in its algorithm.

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Three indicators of the simplest linear combinations of differences between the fast and slow moving averages on the same chart.

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i-GentorLSMAEMA_v02 - indicator for MetaTrader 5