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You liked the script? Try it in the MetaTrader 5 terminal

Views:

31666

Rating:

(8)

Published:

21 October 2008, 09:37

Updated:

21 April 2014, 14:53

Discipline.mq4 (5.16 KB) view

Download as ZIP How to download code from MetaEditor

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Of course it has some inaccuracies, but they are 10% of 100%.

Input Parameters:

extern int period=10;
extern int price=0; // 0 or other = (H+L)/2
                    // 1 = Open
                    // 2 = Close
                    // 3 = High
                    // 4 = Low
                    // 5 = (H+L+C)/3
                    // 6 = (O+C+H+L)/4
                    // 7 = (O+C)/2
extern bool Mode_Fast=false;
extern bool Signals  =true;

Discipline

The indicator was tested on:

- timeframes: М15, H 1, H 4, Daily;
- currency pairs: EUR/USD, GBP/USD, USD/CHF, USD/JPY;

The author citation about this indicator is published here.

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It shows the buy and sell signals.

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Discipline - indicator for MetaTrader 4