The system is based on two indicators - MACD and EMA. When both indicators move upwards, a candlestick is colored in green, when they move downwards, it is colored in red. In case of multidirectional movement, it turnes blue.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com 17.06.2010.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/685
The channel based on the price percentage deviation from the previous value of the channel middle line.NonLagDot
Nonlagdot is the supply and demand indicator that calculates a possible trend considering market forces domination.
The indicator transfers the price data to the new coordinates system associated with X2MA indicator values.IncOsMAOnArray
COsMAOnArray class is designed for calculation of OsMA (Moving Average of Oscillator) values on indicator buffers. The example of use of the class is provided.