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

2009.02.03 07:15

Mabel_Timeframes - indicator for MetaTrader 4

| English Español Português 日本語 Deutsch Русский

votes: 4


The code is based on indicators from six time frames with each giving a seperate signal as to its timeframe.

When the ALL part of a time frame is showing UP/Down it means most of the indicator agree to the direction. Orders can then be placed based on the signal given by the ALL signal.

This indicator takes input from the major time frames and displays the appropriate time to trade each timeframe based on five indicators. It is best used when the major timeframes are giving a coresponding signal with the lower ones

This indicator uses five different indicators from 6 different timeframes to give a signal. It is best used when the major timeframe signals agree with the lower timeframe signal except when scalping.




Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

TP-SL_Removing TP-SL_Removing

Immediately deletes the SL/TP of all positions.

Closed_TOTAL Closed_TOTAL

Total closure of all positions (winners/losers). You can also select which are of a single instrument.