Watch how to download trading robots for free

Find us on Telegram!
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

Published by:: Nikolay Kositsin
Views:: 7770
Rating:: (18)
Published:: 2011.11.03 11:40
Updated:: 2016.11.22 07:32

yeffekt.mq5 (6.02 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

Real author:

MNS777

The indicator shows the probabilistic reverses.

Its developers affirm that the price will most likely turn the opposite direction, as soon as the levels +0.5 and -0.5 are reached.

This indicator was first implemented in MQL4 and published in Code Base at mql4.com 14.10.2008.

yEffekt indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/534

Range Expansion Index

Range Expansion Index (REI) is an oscillator that measures price changing rate and signals about overbought/oversold areas, in case a price shows weakness or strength.

Swing Index

Swing Index is a math expression of the operations activity for the last two bars.

Instantaneous Trendline

Instantaneous Trendline shows buy and sell signals, while crossing the moving averages.

ZigZag + Fibo

ZigZag indicator allowing to set Fibo levels at two last extremums.

yEffekt - indicator for MetaTrader 5