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

2010.11.23 08:45
Indicators

Doda-Trend - indicator for MetaTrader 4

| English Español Português 日本語 Deutsch

Views:
16362
Rating:
votes: 1
Doda-Trend.mq4 (2.35 KB)view

Author:

Gopal Krishan Doda

We all know how boring and frustrating is when we enter a market and after that it remains sideways i.e. with no clear trend. And above all, if the price goes opposite to your call. So, the solution is "Always enter the market in trending mode" and not in "range-bound mode". For that, I've coded this indicator based on ATR and STD. Shows clearly on bottom-left of screen the trend.

Please note that this indicator ONLY shows whether the market is sideways or trending. It does NOT show whether the trend is UP or Down. For getting buy or sell signals, I recommend to use Doda-Donchian indicator.



Recommendations:

  • Works on anytime frame, but recommended on higher time frame like H4
  • Can be used on all currency pairs and CFD's
ZeroMQ asynchronous communication ZeroMQ asynchronous communication

version 1 of bindings to zeromq library

Emilio's Trend Line Breakout  Alerter Emilio's Trend Line Breakout Alerter

The Alerter simply works on 1 or 2 trendlines and plays a sound file when the trendline has been broken so the only think you must do is name correctly the trendlines.

SimpleMarketInfo SimpleMarketInfo

Shows upcoming news events 1 hour before and 30 minutes after event. Also shows active sessions etc.

Kolier_SuperTrend_Indi Kolier_SuperTrend_Indi

Indicator for detect trends of the market. For trend following usage.