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Published:

2018.12.10 12:06

Phase change index.mq5 (9.45 KB) view

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P.H.Pee has created a few indicators. In the series of those created by him there is a phase change index too

This version deviates from the original though :

it is inverted (the original shows values when the phase should change, and the is exactly the opposite of the trend)
option to produce smoothed values added (which is probably what is needed more in the original version)

Usage : you can use the color changes as signals

Trend intensity index

This is the trading signal of PullBack and Candle. The expert code for this strategy is automatically generated by the MQL 5 wizard.

BB stops - Hull average

BB stops - Hull average based with multiple stops included

Normalizied MACD - self adjusting signals

Phase change index 2 - indicator for MetaTrader 5