Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7179
The idea of this indicator is quite simple: draw lines to remember the current phase of the market and who "rules" the market.Instantaneous Trend Line
One of the indicators I recommend to novices as the entry indicator.
Murrey Math (ММ) is a trading system suitable for any markets. The MM system comprises two main components: geometry, used for measuring the price movements of the specified market, and a set of rules based on the Gann technique and Japanese candlesticks.BBwithFractdev
Literally, "Bollinger bands with a fractional ratio of deviation."