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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 8739
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- Published:
- 2008.10.13 07:16
- Updated:
- 2014.04.21 14:53
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The information was taken from the book "Trading Chaos" by Bill Williams.
The first script determines the type of the bar according to Bill's theory and the names invented by him.
The second one determines the direction of the trend.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/8438

Another SMI indicator. On the basis of the book "Momentum, Direction and Divergence" by W. Blau.

The EA opens the positions in the direction of moving of Stochastic indicator, in addition there is a heightening of positions by martingale. It is tuned for micro-Forex.

It shows how the price changed with the coming of a new tick.

Anyone know how to improve this EA i put together ? Cheers