//+-----------------------------------+ //| Indicator input parameters | //+-----------------------------------+ input Smooth_Method MA_Method1=MODE_SMA; // First smoothing method input int Length1=100; // First smoothing depth input int Phase1=15; // First smoothing parameter input Smooth_Method MA_Method2=MODE_JJMA; // Second smoothing method input int Length2=20; // Second smoothing depth input int Phase2=100; // Second smoothing parameter input int BandsPeriod=100; // BB smoothing period input double BandsDeviation = 2.0; // Number of deviations input Applied_price_ IPC=PRICE_CLOSE; // Applied price input int Shift=0; // Horizontal shift of the indicator in bars input int PriceShift=0; // Vertical shift of the indicator in points
The indicator middle line is made from the universal moving average with two smoothings and a possibility to select each of these smoothings from the dozen of possible versions:
It should be noted that Phase1 and Phase2 parameters have completely different meaning for different smoothing algorithms. For JMA it is an external Phase variable changing from -100 to +100. For T3 it is a smoothing ratio multiplied by 100 for better visualization, for VIDYA it is a CMO oscillator period and for AMA it is a slow EMA period. In other algorithms these parameters do not affect smoothing. For AMA fast EMA period is a fixed value and is equal to 2 by default. The ratio of raising to the power is also equal to 2 for AMA.
The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/738
This indicator is based on CCI (Commodity Channel Index) and the analysis of a trend direction of its multiple signal lines.BBSqueeze
Unnormalized symmetrical oscillator based on the linear regression algorithm with the simplest trend power indicator.
The script calculates Stop Out price (at this price position will be closed by broker) of the opened position and the price, at which Free Margin became negative (LockOut price).MPC
The MPC indicator plots a simple channel using extermums of the specified period. It can be used for additional visual control of trading system (channel breakout), based on HighestLowestRange (HLR) indicator.