LeManTrend determines a trend position based on the current price and high and low prices for three periods.
See also LeManSignal.
The indicator uses SmoothAlgorithms.mqh library classes (must be placed to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
This indicator was first implemented in MQL4 and published in Code Base 06.08.2009.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/563
Smoothed Larry Williams' Percent Range using Inverse Fisher Transform.Fisher Transform
Fisher indicator calculates minimum and maximum price levels in previous history, determines direction of a trend and forecasts its reversal.
BrainTrend1 and BrainTrend2 are placed in one minimized window to remove excessive elements from a chart workspace. BrainTrend1 (upper square dots) is a basic trend indicator, while BrainTrend2 (lower round dots) is a confirming indicator.Daily Range Projections
Forecasting the next candlestick changing range on a day chart.