Chaikin Oscillator (CHO):
Chaikin's Oscillator (CHO) is the difference of moving averages of Accumulation/Distribution.
"The concept of this oscillator is based on three main theses.
First: if a share or an index is higher when it closes than it was during the day (you can calculate the average...
The indicator acts in a fully opposite way comparing to the adaptive moving averages during a trend market: in case of a definite trend, both indicator lines (Lead Sine and Sine Wave) move parallel to each other and show the trend direction by their location relative to each other; in...
New article MQL5 Cookbook: Processing of the TradeTransaction Event has been published:
In this article I would like to introduce one of the ways to control trade events using the means of MQL5. I must mention that a few articles have already been dedicated to this topic. "Processing of trade...
This indicator is based on Momentum and the analysis of a trend direction of its multiple signal lines.
A trend direction in this indicator is determined by the cloud color, while its power is determined by the cloud width. You can use the overbought (UpLevel) and oversold...
The indicator plots the smoothed value of the Accelerator.
The smoothing is carried out by four-pass EMA with period, specified in the "MA period" input parameter.
New article The 'Turtle Soup' trading system and its 'Turtle Soup Plus One' modification has been published: The article features formalized rules of two trading strategies 'Turtle Soup' and 'Turtle Soup Plus One' from Street Smarts: High Probability Short-Term Trading Strategies by Linda Bradford...
Wedge pattern: "Wedge pattern" naked trading price action EA draws 2 mini Trend Lines with "Fractals" on chart and trades with Wedge pattern strategy,has Trailing Stop Loss &Take Profit works with all time frames major forex pairs and stocks NASDAQ. Author: Aharon Tzadik
MQL5 Wizard - Trade Signals Based on Crossover of Two Exponentially Smoothed Moving Averages:
MQL5 Wizard allows to create the code of Expert Advisors automatically. See Creating Ready-Made Expert Advisors in MQL5 Wizard for the details.
Here we will consider the strategy based on crossover of two...
New article Graphical Interfaces I: Preparation of the Library Structure (Chapter 1) has been published:
This article is the beginning of another series concerning development of graphical interfaces. Currently, there is not a single code library that would allow quick and easy creation of high...
Trending or Ranging and Trend Strength Indicator:
The indicator shows the power of the trend that is in place and whether a pair is trending or ranging. Many user adjustable variables.
Author: marc weedbrook
New article Theoretical Basis of Building Cluster Indicators for FOREX has been published:
Cluster indicators are sets of indicators that divide currency pairs into separate currencies. Indicators allow to trace the relative currency fluctuation, determine the potential of formating new currency...