LeMan stop by Alexander Gettinger
ForexOFFTrend indicator forexofftrend__indi.mq4
I find this indicator that gives the trend signal for currency pairs. It's free and no repaint.
To me, it's easy and simple to use. No complicated figures and lines. If the indicator is above the price (Red line), there is a downward trend. If you see the blue line is under the price, there is an upward trend.
I think it could give more accurate trend forecast if used with other indicators. But i still don't have any idea about it.
You guys can check it out and give suggestion plz?
Thanks and Happy trading
maybe they can help me again
I have a 2 code for a trend MA
Meta: Shortcode ( "TrendMA" ),
Subchart ( False );
Period ( 3, 1, 100 );
avg, myavg, color;
avg = (( High + Low + High + Low + High + Low + High + Low + High + Low ) / 10 );
myavg = AVERAGE ( avg, Period );
If myavg > myavg then color = DarkGreen
If myavg <= myavg then color = Red;
DrawLine ( myavg, "Trend", StyleSolid, 2, color, color );
Period ( 20 );
myma = averagefc(close,Period);
if myma > myma then mycolor = darkgreen
mycolor = red;
would be great if you want to a Mt 4 - could make indicators
nice greetings from Germany
Code for a) is a simple sma(sma(4,median price),3)
The b) is lacking "averagefc" definition
Pinkish Trend indicator pinkishtrend.ex4
Megatrend sitelite indicator megatrend_sitelite.mq4
Non-repainting version of fortitudo trend fortitudo_trend.mq4
Bar trend indicator bar_trend.ex4
Where did you find this indicator? Could you share it?