The AMkA_Signal indicator shows information on the current trend using the values of the AMkA indicator with a fixed timeframe.
The indicator displays signals from the colored dots of the source AMkA indicator. Colored dots on the line appear when the bar of the corresponding timeframe changes.
The indicator requires AMkA.mq5 indicator file. Place it to terminal_folder\MQL5\Indicators.
Figure 1. The AMkA_Signal indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/6998
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.