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- 2014.04.15 14:37
- Updated:
- 2023.03.29 13:47
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The BlauSMStochastic_Signal indicator shows information on the current trend using the values of the BlauSMStochastic indicator with a fixed timeframe.
The histogram of the initial indicator or the cloud can be a source of a signal, depending on the value of the indicator input parameter:
input Mode Method=MODE_CLOUD; // Method of analysis
When receiving signals from the histogram, the histogram color is shown. If the signal is formed by a colored cloud, in addition to the color the behavior of the cloud is analyzed. If the cloud is compressed and the trend is weakening, the color of the indicator is pale. When the cloud expands and trend increases, the color is bright. Colored dots on lines appear when the bar of the corresponding timeframe changes.
The indicator requires BlauSMStochastic.mq5 indicator file. Place terminal_folder\MQL5\Indicators.
Figure 1. Indicator BlauSMStochastic_Signal
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2207
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A trend indicator of three lines.
AvgRange
A channel of the middle range of price change.
AroonOscillator_HTF
The AroonOscillator indicator with the timeframe selection option available in input parameters.
The Moving Average Class
Uses the idea of the classical moving average smoothing. The class can be used when you want to smooth out any array of type double without using the standard indicator.