New article 20 Trade Signals in MQL5 is published:
This article will teach you how to receive trade signals that are necessary for a trade system to work. The examples of forming 20 trade signals are given here as separate custom functions that can be used while developing Expert Advisors. For your...
A 25-day Average Modified Moving Average is employed as a filter. This was defined by Maxwell in "Commodity Futures Trading with Moving Averages."
AMMA is multiplied by 24, then today's close is added and the sum divided by 25.
New article Several Ways of Finding a Trend in MQL5 is published:
Any trader would give a lot for opportunity to accurately detect a trend at any given time. Perhaps, this is the Holy Grail that everyone is looking for. In this article we will consider several ways to detect a trend. To be more...
The Exp_wlxBWWiseMan-2 Expert Advisor is designed using the semaphore signal indicator wlxBWWiseMan-2.
A signal to trade is formed when a bar is closing if there a graphical object of the corresponding color appears. Default Expert Advisor's input parameters have been used...
The wlxFractals indicator is designed for drawing Bill Williams' fractals, defining the number of significant bars to the left and to the right.
The technical definition of Bill Williams' fractal is a series of at least five successive bars, in which there are two bars, before and...
The non-normalized oscillator ang_AZad_C helps to identify the dominant trend. Its values above zero can be interpreted as a growing trend, values below zero indicate a falling trend.
Author: Nikolay Kositsin
The indicator implements a breakthrough system using a channel drawn on extrema for a period.
When price exits the gray channel, the candlestick color changes to the color corresponding to trend direction. Blue for the growth of a financial asset, pink color - fall. Bright colors...
After the main and signal lines of the Stochastic are calculated, their values are filtered by the averaging algorithm for a better directive effect.
Author: Nikolay Kositsin
New article Technical Analysis. What Do We Analyze? is published:
This article tries to analyze several peculiarities of representation of quotes available in the MetaTrader client terminal. The article is general, it doesn't concern programming.
Price Action Indicator:
This indicator is plot in the chart base on the tick price , ie. when the price moves down 10 pips it plots the down candle and wait till the next 10 pips if move up 10 pips it plots the up candle with the other color candle to indicate the up down price