Articles, Library comments - page 273

RTL : Trend indicator Recursive Trendline (RTL). It has two parameters: Period - calculation period, Applied price - price used for calculations. Calculation formula: RTL[i] = (1 - Alpha)*RTL[i-1] + Alpha*(Price[i] + b0[i] - b0[i-1]), TOSC[i] = (RTL[i] - EMA(Period, Price)) where Alpha = 2/(Period +

MA_Difference : An oscillator indicator showing a difference between MA and the price. Indicator values can be interpreted similar to the standard ADX: high values of MA1 and MA2 point to the presence of a trend, low values indicate consolidation. The Difference line can be used as a threshold for

Cumulative_Volume : A volume indicator with different types of data representation. The indicator has three input parameters: Period - calculation period, Combined - show data either in a combined or in a separated way (Yes/No), Relative - choose between relative/absolute values (Yes/No). Author

SHL_MA_Band : A trend indicator: Smoothed High/Low Linear regression band. It has two parameters: Period - LSMA calculation period, Method - LSMA smoothing method. Author: Scriptor

HL_MA_Band : A trend indicator: High/Low Linear regression band. It has one input parameter: Period - LSMA calculation period. Author: Scriptor

LR_MACD : MACD based on the Linear regression MA. It has five input parameters: Fast LSMA period - fast LSMA calculation period, Slow LSMA period - slow LSMA calculation period, Signal period - period of MACD signal line, Signal method - the smoothing method for the MACD signal line, Signal applied

New article Momentum Pinball trading strategy has been published: In this article, we continue to consider writing the code to trading systems described in a book by Linda B. Raschke and Laurence A. Connors “Street Smarts: High Probability Short-Term Trading Strategies”. This time we study Momentum

New article Graphical Interfaces X: Updates for the Rendered table and code optimization (build 10) has been published: We continue to complement the Rendered table (CCanvasTable) with new features. The table will now have: highlighting of the rows when hovered; ability to add an array of icons for

Adaptable_MACD : MACD with advanced settings. In addition to the standard parameters of the fast and slow EMA periods, signal SMA periods and calculation price, this indicator allows setting the calculation method for each line and use either absolute or relative values for MACD calculation. Author

Opposite trade : Opening a position opposite to the closed one. Trades are processed in the OnTradeTransaction function. Author: Vladimir Karputov

New article Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization has been published: This article dwells on implementation algorithm of simplest trading systems. The article will be useful for beginning traders and EA writers. The majority of Forex trading...

NonLag MA MTF : Well known NonLag MA with additions and adjustments. The first version published long time ago did not have price as an input option. This version corrects that, and the code is adjusted to new builds of MetaTrader 5 and also made multi timeframe. Timeframes supported are all the

Ambush : The Expert Advisor uses Buy Stop and Sell Stop orders to trade news and large price movements. Author: Vladimir Karputov

CFastFile - class for working with uchar array as a virtual file : The CFastFile eliminates the need for an intermediate writing of data to the physical file on disk. It provides the significant acceleration when working with data. Author: Alex Sergeev

MAMA + FAMA Oscillator : Combination of MAMA (MESA Adaptive Moving Average) and FAMA (Following Adaptive Moving Average) made as an oscillator. It can be used in a similar way as similar oscillators - indicating signals when the zero line is crossed. Author: Mladen Rakic

Guppy MMA : It is made more up-to-date and multi time frame option added. Author: Mladen Rakic

I bought the software EaTree the 17/05/2017 and a year after it no longer works, is it a coincidence? I tried to contact info@eatree.com more than 10 times but no satisfactory answer. Is there anyone else in the same case?

Does anybody know where i can get an Indicator made where i can display a certain market in 3 Time frames simultaneously? And also the ability to view a 3 Month Time frame ?

End Point MA : Based on Patrick E. Lafferty TASC article: "The End Point Moving Average". This indicator uses the original formula described in the article with one deviation: it is made to be "faster" (i.e., to react to market changes in a faster mode than the original version). Author: Mladen

e-Smart_Tralling: Excellent trailing expert. I have been using it for a long time - I recommend it! Author: Дима

Candles_Smoothed : Smoothed candlestick chart. In this indicator the smoothing is applied to all elements of a price candlestick: Open, Low, High and Close. The indicator provides a clear graphical representation of a current market trend. A color of a candlestick indicates trend direction and its

CCI Stochastic : Indicator combining two well known indicators: CCI and Stochastic. This is a Stochastic of CCI. One possible issue that CCI can cause (it is not widely known that CCI actually does not have known bounds for levels) is avoided when Stochastic is applied to CCI and the bounds are in

EMA Deviation : By definition, the Standard Deviation ( SD , also represented by the Greek letter sigma σ or the Latin letter s) is a measure that is used to quantify the amount of variation or dispersion of a set of data values. In technical analysis we usually use it to measure the level of

BB Stops - EMA Deviation : BB Stops (Bollinger Bands Stops) indicator is a well known indicator. Some versions are posted at the code base too (for example here: BB Stops ). Usually it is calculated using standard deviation. This version changes that and uses EMA deviation for calculation as a sort

Rocket RSI : As described in the May 2018 edition of Technical Analysis of Stocks & Commodities by John F. Ehlers. This indicators is an enhancement to the traditional RSI for detecting cyclical reverses. This indicator has two settings: RSILength - This needs to be half the dominant cycle period

MAC3D Custom Indicator: 3 Dimensional MACD Ribbon. Author: Thecreator

Schaff trend RSX mtf : Schaff Trend RSX with an option to work in multi timeframe mode. Timeframes supported are all the possible timeframes supported by MetaTrader 5 and it has 3 "special" timeframes: Next higher timeframe: first higher timeframe compared to active chart, Second higher timeframe

Rainbow Oscillator : Based on Mel Widner's Rainbow Average (that is similar to Guppy MMA ), here is an oscillator version. The indicator is mainly intended to show the trend of the market. But, using the levels (that are dynamic - they depend on the market changes), you can use it to assess

Breakout Bars Trend : The alternative indicator for trend definition based on the breakthrough bars and distance from extremums. Author: Serhii Ivanenko

New article Using MetaTrader 5 Indicators with ENCOG Machine Learning Framework for Timeseries Prediction is published at mql5.com: This article presents connecting MetaTrader 5 to ENCOG - Advanced Neural Network and Machine Learning Framework. It contains description and implementation of a simple...