MetaTrader 5
Experts
Indicators
Scripts
Libraries
StorageJoin our fan page
- Published by:
- Nikolay Kositsin
- Views:
- 5542
- Rating:
- Published:
- 2011.11.25 12:20
- Updated:
- 2016.11.22 07:32
-
You are missing trading opportunities:- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration Log inYou agree to website policy and terms of use
If you do not have an account, please register -
Need a robot or indicator based on this code? Order it on Freelance
Go to Freelance
Real author:
Witold Wozniak
Two pole Butterworth filter is used for smoothing in this moving average calculation algorithm. The filter is described in John Ehlers' book "Cybernetic Analysis for Stocks and Futures: Cutting-Edge DSP Technology to Improve Your Trading".
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/583
ZigZag NK Channel
The indicator draws the channel using ZigZag extreme points.
Stochastic RSI
Stochastic RSI is a standard Stochastic oscillator, the values of which are calculated not from a price series but from RSI technical indicator values.
Sine Wave
The indicator acts in a fully opposite way comparing to the adaptive moving averages during a trend market: in case of a definite trend, both indicator lines (Lead Sine and Sine Wave) move parallel to each other and show the trend direction by their location relative to each other; in case of a flat, the Sine Wave indicator quickly reacts on the market swing movements.
Three Pole Butterworth Filter
Three pole Butterworth filter is used for smoothing in this moving average calculation algorithm.