Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 22195
- Rating:
- Published:
- 2016.04.26 15:54
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Author: Matt Kennel
One of the greatly smoothing trend indicators.
One of the greatly smoothing trend indicators.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7339

As I recall, this indicator had been written by OlegVS for МТ3, for determining the flat. If the price is inside the dotted channel - flat. And MaksiGen redesigned it for МТ4.

This indicator shows when to open and when to close by drawing 2 lines.

The indicator contains another entry signalizer.

Trend indicator based on the Kaufman's AMA.