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

2009.12.08 10:16
Indicators

Three Combo Indicator - indicator for MetaTrader 4

| English Español Português 日本語 Deutsch

Views:
14392
Rating:

Description:

Three combo uses ema 5 and 10, rsi 21 and adx 14 to give you buy or sell signals.

When the three indicators give the same signal then the histogram will turn green for buy, or red for sell.

Yellow means that the three indicators have not agreed on a position yet.

The values of the the rsi, adx and ema can be changed to whatever you feel comfortable with. The height of the histogram is tied to the main adx line.

Input parameters

Color settings

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.

Holt's double exponential smoothing trend Holt's double exponential smoothing trend

Holt's double exponential smoothing - the trend component (mt4 version).

Holt's double exponential smoothing (mt4 version) Holt's double exponential smoothing (mt4 version)

Holt's double exponential smoothing with linear forecasting.