Articles, Library comments - page 226

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
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...
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...
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....
Fractal Dimension - Jurik: A lot of people have attempted to build indicator that assesses if there is a trend going on or the market is ranging. One of them was Mark Jurik too. This is his version of fractal dimension. Version from Mark Jurik is much smoother than the others but the general...
CCI Simple Experiment: CCI experiment using adaptive calculation period. Author: Mladen Rakic
Stochastic volatility: The indicator is made after the original work and idea of Francesco G. Cavasino (described in his published article "Stochastic volatility"). Original stochastic (OriginalStoch input variable in the code or Calculate using original stochastic option in the inputs tab...
Laguerre stripped of RSI: Laguerre stripped of RSI "experiment". Author: Mladen Rakic
Alligator: Alligator indicator is a combination of Balance Lines (Moving Averages) that use fractal geometry and nonlinear dynamics. Author: MetaQuotes Software Corp.
ProfitLine: The indicator draws line for quick calculation of potential profit/loss. Author: Matus German
New article MQL for "Dummies": How to Design and Construct Object Classes is published: By creating a sample program of visual design, we demonstrate how to design and construct classes in MQL5. The article is written for beginner programmers, who are working on MT5 applications. We propose a...
OnChart_Stochastic: Stochastic on the price chart. Author: Scriptor
Conqueror: A signal indicator for opening/closing positions. Author: Scriptor
XBarClearCloseTrend: A trend signal indicator. Author: Scriptor
LR_Ratio: The indicator displays the ratio of two LSMAs. Author: Scriptor