MetaTrader 5
Experts
Indicators
Scripts
Libraries
StorageJoin our fan page
- Views:
- 10180
- Rating:
- Published:
- 2008.05.15 07:37
- Updated:
- 2014.04.21 14:52
-
You are missing trading opportunities:- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration Log inYou agree to website policy and terms of use
If you do not have an account, please register
-
Need a robot or indicator based on this code? Order it on Freelance
Go to Freelance
The indicator represents the ratio between the length (in bars) of the up-trend found by this indicator and the length of barsToProcess (of course, in bars, as well) of the entire range where the indicator is searching for an up-trend. When attaching it to the chart, you should fix the minimum of 0 and the maximum of 1. Immediately after it has been attached to the chart, the indicator shows only one value, which graphically looks as a not really noticeable point. As new bars become available, the indicator chart becomes more visible. To get acquainted with the indicator, you may attach it to a one-minute chart and eye its work for no less than several minutes.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/8130
Moving Average Trade System
The strategy is based on Moving Average with the periods of 5/20/40/60.
FX-TREND
The indicator shows the trend on a daily chart(2) using indicator ZIGZAG-FRACTALS. It also shows the enter price for HIGH/LOW of the preceding bar on the current timeframe.
RelDownTrLen
The indicator displays the ratio between the length of the current down-trend (in bars) and the total length of the period barsToProcess (of course, in bars, as well) where the down-trend is searched for.
FX-CHAOS - SECOND EDITION
Trading strategy named Fx-chaos is the result of integration of Bill Williams' Chaos Theory, A. Elders' trading strategy (triple choice), and Ryan Jones' Fixed Ratio money management method.