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2016.05.16 09:59

Firebird hma [I] - indicator for MetaTrader 4

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votes: 2
Author: TraderSeven

The indicator displays the channel.

Translated from Russian by MetaQuotes Software Corp.
Original code:

CoeffofLine_true2 CoeffofLine_true2

Displays the probable direction of the price movement in future.


Paints the bars in the color corresponding to the current trend. Based on ADX.

CTG-Modify Date CTG-Modify Date

The script fixes the chart by extending it with the consideration of the weekends and holidays.

FractalChannel_v1 FractalChannel_v1

Quite interesting method for plotting a channel. Despite the obvious plotting primitivism, it can be useful during the flat level analysis (for example, if you had no access to the terminal in a while, and it is necessary to assess the past events quickly).