Download MetaTrader 5

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

2014.04.18 16:19
Indicators

i-DRProjections - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
2112
Rating:
votes: 19

Real author:

Kim Igor V. aka KimIV

The indicator predicts daily price ranges and draws them as filled rectangles.

This indicator shows the current day support and resistance levels forecast on the bases of the previous day price levels. The formula for calculating the levels are described in Thomas Demark's The New Science of Technical Analysis.

Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 24.09.2007.

Figure 1. Indicator i-DRProjections

Figure 1. Indicator i-DRProjections

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2218

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

Auto Fibonacci Retracement Auto Fibonacci Retracement

Automatically draws Fibonacci retracements on chart.

Example of A Simple Breakout Trading Robot Example of A Simple Breakout Trading Robot

Example of a simple breakout trading robot. There are a lot of breakout methods, but this is the simplest one as I think. Please see the attached images to visualize what is the breakout trading...