CodeBaseSections
Watch how to download trading robots for free
Find us on Twitter!
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
to pocket
Indicators

Self advance decline line - indicator for MetaTrader 5

Mladen Rakic
Views:
7337
Rating:
(10)
Published:
2018.12.30 18:39
Download as ZIP, How to download code from MetaEditor
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Theory :

Based on the description from here : Advance-decline line the indicator counts advances and declines of the symbol it is applied to (instead of counting some other instruments, and that is why the "self" in the name comes. Seems to be useful in the "self" form too

Usage :

You can use color changes as signals


Extended normalized RSI - on chart version Extended normalized RSI - on chart version

Extended normalized RSI - on chart version

Extended normalized RSI Extended normalized RSI

Extended normalized RSI

Self Advance Decline line - with floating levels Self Advance Decline line - with floating levels

Self Advance Decline line - with floating levels

Tymen_STARC_Bands_MTF Tymen_STARC_Bands_MTF

The Multi timeframe Tymen STARC Bands indicator