This is another flavour of the original divergence indicator. It detects divergence between price and MACD indicator and gives Buy or Sell signals according to the divergence type.
ZeroLag MACD Colored:
The ZeroLag MACD Colored indicator is a modification of the ZeroLag MACD. Added coloring of the histogram bars relative to the previous bar, if the previous bar is below/above the current.
Deep Drawdown MA: The EA opens positions at crossing fast iMA and slow iMA (Moving Average, MA). It has the function of outstaying the losses. It catches the type of the position in OnTradeTransaction. Author: Vladimir Karputov
New article Portfolio trading in MetaTrader 4 has been published:
The article reveals the portfolio trading principles and their application to Forex market. A few simple mathematical portfolio arrangement models are considered. The article contains examples of practical implementation of the...
New article How to conduct a qualitative analysis of trading signals and select the best of them has been published: The article deals with evaluating the performance of Signals Providers. We offer several additional parameters highlighting signal trading results from a slightly different angle than...
New article The Price Histogram (Market Profile) and its implementation in MQL5 is published:
In this article I will consider Price Histogram - a simplified model of Market Profile, and will describe its implementation in MQL5.
New article Tips for an Effective Product Presentation on the Market has been published: Selling programs to traders effectively does not only require writing an efficient and useful product and then publishing it on the Market. It is vital to provide a comprehensive, detailed description and good...
New article How to build and test a Binary Options strategy with the MetaTrader 4 Strategy Tester has been published: Tutorial to build and test a Binary Options strategy in Strategy-Tester of Metatrader 4 with Binary-Options-Strategy-Tester utility from marketplace. The concept contains the...
Ichimoku Kinko Hyo2: Ichimoku Kinko Hyo (IKH) is an indicator that tracks the equilibrium of momentum and identify likely areas of support and resistance. The Ichimoku chart is composed of five (5) separate indicator lines. These lines work together to form the complete "Ichimoku picture". Author