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Indicators

Discipline - indicator for MetaTrader 4

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Views:
18292
Rating:
votes: 5
Published:
2008.10.21 09:37
Updated:
2014.04.21 14:53
Discipline.mq4 (5.16 KB)view

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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