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2016.04.26 16:35

ModiSimple - indicator for MetaTrader 4

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votes: 8
ModiSimple.mq4 (17.07 KB)view

Simple tactics using RSI and MACD

It implements the settings for adjusting the formation of the position opening sign and for the 'trailing-stop' algorithm.


Translated from Russian by MetaQuotes Software Corp.
Original code:

TrailCD TrailCD

The indicator shows convergence/divergence of the fast and slow trailing.

Ticker SATL Ticker SATL

SATL (Slow Adaptive Trend Line) - the «slow» adaptive trend line is obtained using a digital low-pass filter of a different order (light-blue line on the chart).

MM % volatility MM % volatility

Simple strategy - MM % volatility

DynamicRS_C DynamicRS_C

The indicator plots dynamic support and resistance levels.