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- Published:
- 2016.03.25 15:20
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Author: not specified
Smoothing for the ADX indicator. Recalculates the specified number of bars at every tick (not optimized)

Smoothing for the ADX indicator. Recalculates the specified number of bars at every tick (not optimized)

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7196

The first version of the wlxBWWiseMan indicator. Displays the candles of trend changes.

Script for preparing the "minute bars" from forexite.com to be imported to MetaTrader 4

When applied to financial markets this method is usually used to determine the moments of prices extreme deviation from the "standard" level.

The TRIX indicator represents the rate-of-change percentage, smoothed by the exponential МА of the closing price.