CodeBaseSections
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
to pocket
Indicators

iCompass - indicator for MetaTrader 4

Nikolaos Pantzos
Views:
20449
Rating:
(14)
Published:
Updated:
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

This indicator uses Moving Average to detect markets trend.

It's a very useful tool for manual trading.

Update v1.2: Added popup alert.


Parameters

  • BarsCount—How many bars used to show the line.
  • MAperiods—Period of Moving Average.

iC

    STOCH in MA STOCH in MA

    STOCH in MA is an indicator which applies the stochastic changes to the iMA.

    MACD in MA MACD in MA

    MACD in MA is an indicator to change color in iMA if iMACD is upper of zero (uptrend) or lower of zero (downtrend). It helps any trader to see the trend of pair.

    FollowLine FollowLine

    This indicator uses Bollinger Bands lines to detect markets trend.

    VirtualProfitLossTrailEA VirtualProfitLossTrailEA

    This expert is a tool to manage the level of profits or losses for each order without using stop loss or take profit.