Trend indicator. Trend reversal is calculated by the number of candlesticks set in the indicator input parameters. It can be used for setting stop levels. The indicator has been calculated for H2 chart with the input parameter value N=4.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com 02.09.2010.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/688
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.