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2016.06.30 17:14
Sensetive

Sensetive - indicator for MetaTrader 4

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SeNSetiVe.mq4 (1.91 KB)view
Author: QuantifiEd

The SeNSetiVe indicator.

The indicator displayed the market movement direction when the zero line is crossed. When the crossing is from below - buy, when it is from above - sell.


Variables

                                           
SPerioD - Period (100-200), at lower values (<100) the indicator line will generate a lot of false signals. The optimum value for the hourly charts is 160-180. For smaller - 100-160.
SFactoR - (from 1 to 10) - sensitivity of the market line to rapid (sometimes false) turns of the trend line, optimal value (5-7)
ShiFt   - shift relative to the zero line.




Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7855

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