The top bar chart is the absolute difference between the values of the blue and the red lines. The bottom bar chart is the absolute difference between the values of the red line and the green line, but with the minus sign, as the bar chart is drawn top-down.
MEDIAN PRICE = (HIGH + LOW) / 2
ALLIGATORS JAW = SMMA (MEDIAN PRICE, 13, 8)
ALLIGATORS TEETH = SMMA (MEDIAN PRICE, 8, 5)
ALLIGATORS LIPS = SMMA (MEDIAN PRICE, 5, 3)
We have included 2 codes of the indicator: Gator.mq5 with the direct calculation of Gator using the Moving Averages (iMA), the second code, which presented in Gator_2.mq5 uses the iAlligator for calculations.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/31
The Fractal is one of 5 indicators of Bill Williams’ trading system, which allows to detect the bottom or the top.Force Index (FRC)
The Force Index Indicator was developed by Alexander Elder. This index measures the Bulls Power at each increase, and the Bulls Power at each decrease.
The Heiken-Ashi indicator is looks like the candlestick chart, but it has some difference.The advantage of the Heiken-Ashi charts is a simple trend determination, the upward trend candles are blue,the downward trend candles are red.Ichimoku Kinko Hyo
The Indicator Ichimoku Kinko Hyo is predefined to characterize the market Trend, Support and Resistance Levels, and to generate signals of buying and selling.