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2007.05.29 15:56

i-OneThird - indicator for MetaTrader 4

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votes: 4
i-OneThird.mq4 (2.71 KB)view

The difference between the high and low of a candle divides into three parts each one corresponding 1/3 of the candle. The indicator calculates where the candle opened and where it closed. It is recommended to hide the initial chart by setting the following parameters: option "Chart on foreground" unchecked (menu "Charts"-> "Properties" or press F8, tab "Common").

Bullish Pattern:

Bearish Pattern:

i-HighLow i-HighLow

i-HighLow indicator draws the channel with borders correspond to highest high and lowest low values of the bar's shadows for the last N bars.

i-Breakeven i-Breakeven

i-Breakeven groups the open position by symbol and for the each of group shows: 1. The current equity level. 2. The estimated breakeven level.

i-5days i-5days

5days indicator marks the first bar of each new day.

FX5_Divergence FX5_Divergence

This indicator will detect divergence between the price and OsMA indicator. It will give buy or sell signal according to the type of divergence that was detected.