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

Views:: 5001
Rating:: (12)
Published:: 2018.10.25 18:35

Aroon_Filter.mq5 (8.8 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Aroon Filter oscillator is based on Aroon indicator and is a modified Aroon Horn oscillator - the ratio to the calculation period has been removed.
The indicator displays a trend direction filtering minor fluctuations.

It features two adjustable parameters

Period - Aroon calculation period
Filter - filter size

Calculation:

AF = Up - Dn

where:

Up = 100.0 * (Period-MaxBar+index) / Period
Dn = 100.0 * (Period-MinBar+index) / Period
MaxBar, MinBar - High and Low prices index in the Period range
index - current bar index

A bullish trend is displayed in green
A bearish trend is displayed in red
Sorted out values are displayed in gray

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22183

Auto_Envelope

Auto Envelope indicator

OBOS

OBOS indicator

Aroon_Horn

Aroon Horn indicator

JFatlCandle__HTF

JFatlCandle_HTF indicator with the timeframe selection option available in input parameters

Aroon_Filter - indicator for MetaTrader 5