Oscillators - page 4

Sergey Golubev
Moderator
126498
Sergey Golubev  

CHO Color N Bars - indicator for MetaTrader 5

CHO Color N Bars - indicator for MetaTrader 5

The i Chaikin (Chaikin Oscillator, CHO) indicator determines the trend at a given interval (parameter ' CHO: trend N Bars '). There can be three types of trend in total: no trend, up trend and down trend. Color display is implemented using the DRAW_COLOR_LINE graphic style.

more info: 

MetaTrader 5 Help → Price Charts, Technical and Fundamental Analysis → Technical Indicators → Oscillators → Chaikin Oscillator
CHO Color N Bars
CHO Color N Bars
  • www.mql5.com
iChaikin (Chaikin Oscillator, CHO) при помощи графического стиля DRAW_COLOR_LINE показывает три состояния тренда: "нейтральный", "тренд вверх" и "тренд вниз"
Sergey Golubev
Moderator
126498
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Market Condition Evaluation based on standard indicators in Metatrader 5

Sergey Golubev, 2021.11.13 09:34

Aroon - indicator for MetaTrader 5

Aroon indicator was developed by Tushar S. Chande, CEO of the "Tuscarora Capital Management" company and the author of the books "The New Technical Trader: Boost Your Profit by Plugging into the Latest Indicators" and "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System" in 1995 to determine trend direction and strength.

Its main advantage is to allow a trader to determine the beginning of a new trend, or the end of an existing trend.

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AroonOscillator - indicator for MetaTrader 5

AroonOscillator - indicator for MetaTrader 5

AroonOscillator - indicator for MetaTrader 5

Four levels have been added to the input parameters and the description of these levels is displayed in the indicator subwindow.

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Aroon Simple - expert for MetaTrader 5

A very lightweight strategy based on the Aroon custom indicator.

The indicator is created on the specified ' Working timeframe' timeframe - the same timeframe is used to determine the moment when a new bar is born. The EA checks the signal only at the moment of the birth of a new bar, trades only with a constant lot (parameter ' Lots '), does not have Stop Loss, Take Profit, or Trailing - positions are closed with an opposite signal.


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Aroon Simple 2 - expert for MetaTrader 5

Development of Aroon Simple .

The following parameters were added: 'Stop Loss', 'Take Profit', 'Trailing on ...', 'Search signals on ...', 'Trailing Stop (min distance from price to Stop Loss)', 'Trailing Step'.

The principle of forming trading signals has been changed. The original indicator has been changed for the new principle of trading signals - now it is the AroonOscillator indicator and it is also used by the EA.


Sergey Golubev
Moderator
126498
Sergey Golubev  

Learn how to design a trading system by Williams PR 

Learn how to design a trading system by Williams PR

In this new article from our series about how to design a trading system based on the most popular technical indicators, we will learn how to design different simple trading systems based on a new technical indicator which is the Williams Percent Range (WRP).

We will learn that through many topics in this article the same as the following:

  1. Williams' %R definition
  2. Williams' %R strategy
  3. Williams' %R strategy blueprint
  4. Williams' %R trading system
  5. Conclusion
    Learn how to design a trading system by Williams PR
    Learn how to design a trading system by Williams PR
    • www.mql5.com
    A new article in our series about learning how to design a trading system by the most popular technical indicators by MQL5 to be used in the MetaTrader 5. In this article, we will learn how to design a trading system by the Williams' %R indicator.
    Sergey Golubev
    Moderator
    126498
    Sergey Golubev  

    Learn how to design a trading system by Chaikin Oscillator



    Learn how to design a trading system by Chaikin Oscillator

    Here is a new article that completes our series about learning how to design a trading system by the most popular technical indicators because we will learn how to do that using a new technical indicator which is the Chaikin Oscillator.

    We will learn about this technical indicator in detail through the following topics:

    1. Chaikin Oscillator definition
    2. Chaikin Oscillator strategy
    3. Chaikin Oscillator strategy blueprint
    4. Chaikin Oscillator trading system
    5. Conclusion
    Learn how to design a trading system by Chaikin Oscillator
    Learn how to design a trading system by Chaikin Oscillator
    • www.mql5.com
    Welcome to our new article from our series about learning how to design a trading system by the most popular technical indicator. Through this new article, we will learn how to design a trading system by the Chaikin Oscillator indicator.