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XD-RangeSwitch - indicator for MetaTrader 5
- Published by:
- Nikolay Kositsin
- Views:
- 5460
- Rating:
- Published:
- 2011.12.21 18:39
- Updated:
- 2016.11.22 07:32
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Real author:
vic2008
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 Ltd.
Original code: https://www.mql5.com/ru/code/688
The indicator displays colored candlesticks depending on the current trend and considering Fibonacci levels correction and also gives alerts or audio warnings in case of a trend change.
RSI StrikeThe indicator displays the crossing points of RSI (Relative Strength Index) indicators belonging to various periods.
Nonlagdot is the supply and demand indicator that calculates a possible trend considering market forces domination.
Percentage Crossover ChannelThe channel based on the price percentage deviation from the previous value of the channel middle line.