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

McClellan Oscillator - smoother with floating levels - indicator for MetaTrader 5

Views:
5856
Rating:
votes: 10
Published:
2019.01.27 16:34

Theory :

One version of McClellan oscillator that does not use the slope change, but some levels (discontinued signal lines in this case) was published here : McClellan Oscillator Smoother with DSL . This version is using floating levels (as more flexible and that do not dpened on any fixed value of the indicator) instead

Usage :

You can use color changes as signals


McClellan Summation Index - smoother with floating levels McClellan Summation Index - smoother with floating levels

McClellan Summation Index - smoother with floating levels

McClellan Oscillator - smoother with discontinued signal lines McClellan Oscillator - smoother with discontinued signal lines

McClellan Oscillator - smoother with discontinued signal lines

RSI of smoother average RSI of smoother average

RSI of smoother average

MQL5 Version of Position Size Calculator - Based on VP Money Management rules MQL5 Version of Position Size Calculator - Based on VP Money Management rules

MT5 (MQL5) Version of Position Size Calculator - Based on VP Money Management rules This version has been tested and works in both versions; in MT4 (MQL4) as well as in MT5 (MQL5). See the original MT4(MQL4) only version here: https://www.mql5.com/en/code/23886 NOTE: I'm aware there appears to be an issue with the volume calculation and cross currency exchange rates. I'm working on fixing these issues.