Indicators: AbsoluteStrength

 

AbsoluteStrength:

The oscillator that displays forces of Buyers (Bulls) and Sellers (Bears) separately.

Author: Igor Durkin

AbsoluteStrength
AbsoluteStrength
  • www.mql5.com
This indicator can be considered as an alternative to the well known RSI, Stochastic and DMI, as far as their methods of calculation based on Buyers and Sellers strengths. Despite of the enumerated indicators, the calculation is performed in points, not in a percentage. It gives a possibility to appreciate finer-grained market strengths and...
 

Hot to use this indicator :

Forum

Gold is Reaching at 1270

newdigital, 2013.07.01 21:04

How can we know: correction, or bullish etc (in case of using indicator for example)?

well ... let's take AbsoluteStrength indicator from MT5 CodeBase.

bullish (Bull market) :

bearish (Bear market) :

ranging (choppy market - means: buy and sell on the same time) :


flat (sideways market - means: no buy and no sell) :

correction :

correction in a bear market (Bear Market Rally) :



 

Choosing [Refresh] menu item causes indicator to give strange results.

How to reproduce:

(1) This is the indicator added to a chart

(2) Now choose the [Refresh] menu item


(3) Note the strange appearance of the blue and red lines as compared to (1) above.


 
'iTime' - override system function    absolutestrength_v2.mq5    463    10
 
Texnolog:
'iTime' - override system function    absolutestrength_v2.mq5    463    10

Fixed (fixed version attached).


Files:
 
Sergey Golubev:

Fixed (fixed version attached).


Thanks.
 

iTime compile time error


I am having having above error, is this error coming because of old build. currently i have following build:


MT5Build

 

Thanks for the indicator, Igor!
'iTime' error still in place... Could you fix it please?

Best Regards, Andrei.

 
Sergey Golubev:

Fixed (fixed version attached).


Hi mr. Golubev,
what paramenter do you use in your sar indicator in this H1 timeframe or m15 trading timeframe?
Reason: