Author: Andrey N. Bolkonsky
Momentum Indicator by William Blau (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis).
In contrast with built-in standard iMomentum indicator, it calculates the absolute price change. In addition, it uses smoothing.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/360
This Expert Advisor is a demo of working with OBJ_CHART objects as conventional charts. You can set custom color settings, attach indicators etc.The class of a module of trade signals, on "inner bar breakthrough" in trend direction
The strategy is following: when outer (outside) bar appears, it checks the fact of the inner bar breakthrough in trend direction and generates a signal to open position. A module of trade signals is compatible with the new version of MQL5 Wizard.