Indicators: ASCT1sig

 

ASCT1sig:

The indicator generates a sound signal and a Sell or Bye window appears.

Author: John Smith

 

hi,

Can anybody Kindly help me to understand the logic of the ASCT1sig .mq4 

ASCT1sig
ASCT1sig
  • www.mql5.com
ADX Crossing Directional system (ADX). The directional system has been created by George Wilder in the middle of the 70s as an addition to the PARABOLIC SAR system, and then further developed by a number of analysts. 3c_JRSX_H The properties of this indicator are quite similar to the classic oscillators and exactly the same methods of...
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vylissery19:

hi,

Can anybody Kindly help me to understand the logic of the ASCT1sig .mq4 

I think - this indicator is part of the famous AscTrend system (old version which was converted from Metatrader 3 long time ago).
The system was updated few times for MT4 and for MT5 as well.

This is the information about it -

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ASCTREND SYSTEM summary (incl 2 good EAs)


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      AscTrend

      The beginning

      1. ASCTrend system, the beginning, part #1
      2. ASCTrend system, the beginning, part #2
      3. ASCTrend system, the beginning, part #3
      4. ASCTrend system, the beginning, part #4 
      5. Digital ASCTrend (Digital Filters with ASCTrend system combined).
      6. LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread

      After

      1. The main AscTrend thread is this one.
      2. Asctrend indicator in depth 
      3. ASCTREND SYSTEM summary (good EAs included) 
      4. Brainwashing system/AscTrend system (MT5) - the thread 

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      Reason: