Articles, Library comments - page 109

To post a new topic, please log in or register
Zero lag T3: T3 is a very well known indicator. It is smooth and it is fast. In the process of making it faster, two coders (Bob Fulks and Alex Matulich) have altered the T3 calculation to make it faster. This version can calculate both of the calculating ways : original (Tim Tillson way)...
Record IsConnected, Spread, Stop, FreezeLevel: EA is run say once every minute and writes the status of IsConnected, spread, stop and freeze level to a file. Parameters I_RecordPeriodInMinutes - In Minutes, how often the spread etc is recorded, I_BeginningOfLogFile - String used at the start...
Aroon oscillator on chart: The version of Aroon oscillator, displayed on the main chart. Author: Mladen Rakic
Swing Line - Binary: Ron Black's Swing Line indicator with only two states displayed: State up. State down. Since it is using only two states, it is suitable for simple usage from Expert Adviser(s). Author: Mladen Rakic
Dynamic Balance Point - Support & Resistance: Based on the original Dynamic Balance Point, this version is a bit cleaner and simpler to use indicator. Colors of this version can be used as a sort of trend determination and the values can be used as support or resistance. Author:...
TWR: TWR is calculated based on the color of the previous bar and the closing price of the current bar, ignoring the other price information, and actually redrawing the candle chart using the closing price. Color definition: Red indicates a rise, Green indicates a drop. Define the color of...
Swing Line - Histogram: Ron Black's Swing Line indicator made as histogram indicator. Author: Mladen Rakic
Swing Line (adjusted display): Ron Black's swing line indicator with adjusted display option. You can chose to: Display colored line, Display colored bars, Display colored candles, Let the indicator automatically decide based on the type of the chart that you are using. Author:...
ADXm Smoothed - MTF: ADXm is a variation of a well known ADX indicator. Unlike the ADX indicator, which is directionless (the value of the ADX itself does not show the direction of the market, but is just showing if certain level(s) are reached), ADXm indicator is attempting to correct that...
DoubleMA Crossover EA: Adviser DoubleMA Crossover EA. Author: John Smith
Exp_XMACD: The trading system based on the signals taken from the XMACD universal histogram Fig. 1. The instances of history of deals on the chart. Author: Nikolay Kositsin
Simple Single Layer Perceptron EA: The EA using single layer Perceptron. Author: Kei Sanada
ADXm smoothed: ADXm is a variation of a well known ADX indicator. Unlike the ADX indicator, which is directionless (the value of the ADX itself does not show the direction of the market, but is just showing if certain level(s) are reached), ADXm indicator is attempting to correct that and is...
Dynamic Balance Point: Indicator that calculates dynamic balance point for the desired period. Even though it is a sort of a multi timeframe indicator, it calculates the balance point without usual issues that multi timeframe indicators have: the recalculation. The balance point is...
Linear Regression Sketcher: A variation of linear regression. Author: Mladen Rakic
PowerSystem: The index is mainly based on the slope of EMA and MACD, and the following figure shows the principle of the indicator: Figure 1: How the index works The effect is as follows: Figure 2: Display of indicators Introduction of indicators: This index is mainly used to check whether the...
New article Comparing speeds of self-caching indicators has been published: The article compares the classic MQL5 access to indicators with alternative MQL4-style methods. Several varieties of MQL4-style access to indicators are considered: with and without the indicator handles caching. Considering...
BarNumbers: Displays the number of each bar - both, relative to the most current bar and in absolute terms from the beginning of the chart. Author: Samuel Beer
Chande's DMI (Dynamic Momentum Index): The Dynamic Momentum Index (DMI) is a variable term RSI. When default values are used, the RSI term varies from 3 to 30. The variable time period makes the RSI more responsive to short-term moves. The more volatile the price is, the shorter the time...
Vortex - smoothed: Vortex indicator (based on the article that was published in the January 2010 issue of TASC) with a smoothing option. Smoothing is done by filtering (smoothing) prices prior to vortex calculation in order to lessen the inevitable lag that comes with any smoothing. Also,...
Triple Jurik Smooth: Jurik smoothing (not the same as Jurik average - the Jurik smoothing we are using for MetaTrader 5 is actually an indicator that is completely done using MetaTrader 5 and was not developed by Mark Jurik, but since the basic theory of it was similar to the Jurik average,...
Ultra Trend: Ultra Trend is one of the well known indicators made for MetaTrader 5 now. The way how Ultra Trend is calculated is simple: Multiple period Jurik smooth values are calculated, Slope of each instance of such value is checked, Overall result of sloping up and sloping down is taken...
Dynamic Pivots: Based on the Austin Passamonte's idea, this indicator calculates intra-day pivots. This one is a version where default values for pivot levels are at 38,61% of the range, but you can easily change it through parameters to the Fibo levels Passamonte proposes in his TASC...
WPR with Bollinger bands: Williams %R, WPR, or just %R, is a technical analysis oscillator showing the current closing price in relation to the high and low of the past N days (for a given N). It was developed by a publisher and promoter of trading materials, Larry Williams. Its purpose is...
Count Back Lines: Indicator developed based on the original explanation of Daryl Guppy: APPLYING THE COUNT BACK LINE ENTRY By Daryl Guppy All users must know the correct starting point for the CBL (Count Back Line) calculation. The increasing incidence of double bottoms has led to...
Volatility Bands Percent: From May 2010 issue of Futures magazine: Fixing the Bollinger Bands by David Rooke. Popularized by John Bollinger, who gave them their name, Bollinger Bands are simply a plot of a multiple of the standard deviation of price from its Simple Moving Average (SMA),...
Volatilty Bands: From May 2010 issue of Futures magazine: Fixing the Bollinger Bands by David Rooke. Popularized by John Bollinger, who gave them their name, Bollinger Bands are simply a plot of a multiple of the standard deviation of price from its Simple Moving Average (SMA), both...
Linear Regression Study: Linear regression line with an addition of standard error channel projection. Linear regression attempts to model the relationship between two variables by fitting a linear equation to observed data. One variable is considered to be an explanatory variable, and the...
WSO & WRO Channel: Indicator based on "Automated Support And Resistance" article by Mel Widner published in TASC. This version shows channel on chart instead of displaying oscillator values in a separate window. That way it can be effectively used for support and resistance handling....
WSP & WRO: Indicator based on "Automated Support And Resistance" article by Mel Widner published in TASC. Two oscillators are defined: the WSO (Widner Support Oscillator) and the WRO (Widner Resistance Oscillator). The WSO compares the current Close with the most recent six support levels....