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You liked the script? Try it in the MetaTrader 5 terminal
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- 17723
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- Published:
- 2016.06.30 17:06
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In fact, there is nothing new, but the indicator generates a signal somewhat earlier than the Alligator (at similar values of MA periods in both indicators). On the higher timeframes the difference can be noticeable (in my opinion).
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7814

The indicator draws the linear regression line based on the closing prices of the last bars.

This script draws the price levels within a cycle (by Gann) between the significant Highs and Lows.

The Bollinger Bands (BB) indicator is plotted at the distances equal to a certain number of standard deviations.

Combined MA