Watch how to download trading robots for free

Find us on Twitter!
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

Views:: 11827
Rating:: (18)
Published:: 2011.10.25 16:24
Updated:: 2016.11.22 07:32

itrend.mq5 (9.46 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

This is a combination of two indicators in one. Histogram values are the sum of the values of two technical indicators - Bears Power and Bulls Power.

Moving average values are the difference between the values of the financial asset price and Bollinger Bands ® (depending on the value of the Bands_Mode input parameter; the 'direction' switcher is provided to invert the histogram for its correct display in case of various values of that parameter).

This indicator was first implemented in MQL4 and published in Code Base at mql4.com 13.07.2006.

The conclusion about the violation of the normal logics of the code had been made after its analysis. Therefore, I have modified the algorithm when preparing the indicator in MQL5.

iTrend indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/505

SymmetricDarvasBoxes

Symmetric Darvas Boxes for Forex.

Fine Fractals

Fine Fractals can show important price curves, highs and lows in the cases where the standard Fractals indicator fails.

ExCandles2

ExCandles-v2 indicator shows candlesticks combinations on a chart using the arrows.

XRVI

Relative Vigor Index that allows to select RVI and the signal line smoothing algorithms.

iTrend - indicator for MetaTrader 5