Ramdass - Conversion only
CoeffofLine indicator shows the most likely future price direction (2-3 bars).
The indicator depends on symbol, timeframe and period. If the indicator is turned up, it's a signal to open long position. A signal to close long position is: turn down of the indicator and a confirmation from lower timerframe (negative values). The similar rules for short position: turn down on the current timeframe, for closing of short position it needs a confirmation from lower timeframe (positive values).
The indicator has been published in Code Base at mql4.com 11.08.2006.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/410
Keltner Channel is volatility-based envelopes set above and below an exponential moving average.Donchian Channels
Donchian Channels is a volatility indicator based on the calculation of the current price range with using the recent highest and lowest prices.
Chande Momentum Oscillator (CMO) is a technical indicator that attempts to capture the Momentum.Module of Trade Signals, based on Chande Momentum Oscillator
Crossover of overbought/oversold levels of Chande Momentum Oscillator is used as a signal to open positions.