Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Indicators

DSL Balance of market power JMA - indicator for MetaTrader 5

Mladen Rakic

Views:
844
Rating:
votes: 7
Published:
2018.08.30 13:05

Balance of Power, introduced by Igor Livshin attempts to measure the strength of buyers vs. sellers by assessing the ability of each to push price to an extreme level. Livshin published this indicator in the August 2001 issue of Stocks and Commodities Magazine. This version of indicator calculates the BOP exactly as it is described in the article where it was published.

The resulting raw BOP values can be optionally smoothed using any Jurik MA in this case and discontinued signal line levels are used for signals. That way, it is made a sort of an adaptive indicator (since DSL is introducing something like an adapting - by not using fixed levels for significant levels)

Gann high/low activator JMA Gann high/low activator JMA

Gann high/low activator JMA

Trading the trend Trading the trend

Trading the trend

Trendlines and Horizontal lines crossing notification EA Trendlines and Horizontal lines crossing notification EA

Draw your horizontal and trendlines and be notified when price crosses them

Didi Needles - with MA Threshold Diff Filtering Didi Needles - with MA Threshold Diff Filtering

Classic version (on Chart) of Didi Needles indicator, now with a filtering threshold based on MA threshold differences.