MetaTrader 5
Experts
Indicators
Scripts
Libraries
Storage
Watch how to download trading robots for free
Find us on Telegram!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 35680
- Rating:
- Published:
- 2016.03.25 15:46
-
You are missing trading opportunities:- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration Log inYou agree to website policy and terms of use
If you do not have an account, please register -
Need a robot or indicator based on this code? Order it on Freelance
Go to Freelance
Author: MQLService
Chandelier Exit calculates the trailing stop based either on the maximum value of the maximum price or the maximum value of the close price over a specified period. The distance from the maximum point to the trailing stop is best calculated in ATR (Average True Range) units. However, it is possible to measure in monetary terms or in points of the contract value.
Chandelier Exit calculates the trailing stop based either on the maximum value of the maximum price or the maximum value of the close price over a specified period. The distance from the maximum point to the trailing stop is best calculated in ATR (Average True Range) units. However, it is possible to measure in monetary terms or in points of the contract value.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7249
Camarilla
The ideal indicator for those who like to work "by levels". It clearly shows the reversal level, support/resistance levels for the current day.
BrainTrend2 Stop
The indicator demonstrates the trend stops with multicolor dots. In order to distinguish the targets the BrainTrend2Stop uses Blue and Red dots.
Complex Common
Displays the overbought or oversold states of the currencies relative to each other.
Complex pairs
The idea of the indicator is to select each currency from currency pairs separately. The currencies are measured in relative units (points). The sum of all currencies at any given time is equal to zero.