Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

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

Indicators

Moving Average Based on Demark's Approaches - indicator for MetaTrader 4

| English 日本語 Русский 中文 Español Deutsch Português

Views:
12029
Rating:
votes: 4
Published:
2008.11.10 07:19
Updated:
2016.11.22 07:32
MUV.mq4 (2.52 KB)view

The drawing of the moving average is performed on the basis of Demark's method "Daily Range Projections".

Indicator on a zero bar points at the future price change.

Input Parameters:

period - the period of averaging,

ma_method - the method of averaging:

0 - Simple moving average


1 - Exponential moving average


2 - Smoothed moving average


3 - Linearly-weighted moving average

Picture:



You can develop some other indicators using this method.



Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/8542

CLEAR_CHART_ON_NAME_AND_TYPE  CLEAR_CHART_ON_NAME_AND_TYPE

The script selectively clears the chart by the part of the name and/or by the type of the object.

Pipsing_Close_on_DROP Pipsing_Close_on_DROP

The script closes any position using the Drag'n'Drop method, i.e. the method of "drag the script with the mouse and drop it on the order lines".

Expert Advisor Based on FXRaider's Trade Strategy Expert Advisor Based on FXRaider's Trade Strategy

Expert Advisor Based on FXRaider's Trade Strategy by ForTrader.ru.

RAVI (Range Action Verification Index) RAVI (Range Action Verification Index)

It is developed on the other principle, not on ADX's. Chand suggests 13-weeks SMA as a basis of the indicator.