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MATWO - indicator for MetaTrader 4
- Views:
- 17303
- Rating:
- Published:
- 2008.08.23 08:25
- Updated:
- 2016.03.29 14:05
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You can read it easily, if the signal line (level 2) crosses the zero line, you should prepare to moving of the price in the direction of the intersection, the formation of a top or a bottom represents a probable reverse or a correction. This kind of intersections and formations on the hystogram (level 1) are the confirmative signals.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/8307
up3x1 Investor
МТS performs a trading oriented at the panic, publishing of the important economical indexes at the FOREX market.
Murrey levelsThe name is self-explanatory. The error that presented in the previous implementations is corrected here.