• Overview
  • Reviews (1)
  • Comments (1)

PriceRunner

  • PriceRunner indicator  designed for trend detection without the effect of accidental price leaps.
  • It uses Price Series and a few moving averages for noise reduction.
  • It works on multiple timeframes, even M1.
  • To increase effectiveness, it is recommended to use default parameters for M1 graphic (see screenshots).
  • You can change settings for other time frames.
  • Example of using this indicator: If Gold cross to Blue down and both gold and blue under the Grayit could be a promising sell signal.

  • To get signal from this indicator (For professional expert user) : Gold: buffer nr. 0, Blue: buffer nr. 1, Gray: buffer nr. 2 
  • This indicator use same logic and calculate "TripleS indicator" (https://www.mql5.com/en/market/product/4792)  but it draw in seperate windows not on the chart window. If you sold "TripleS indicator" before I dont advise to sold this too. See the screenshot and test it demo first.

Input Parameters

  • Period: lookback period, default is 10.
  • Period2: lookback period, default is 10.
  • Period3: lookback period, default is 21.
  • xfast: fast MA, default is 2.
  • xfast2: fast MA, default is 5.
  • xfast3: fast MA, default is 8.
  • xslow: slow MA, default is 30.
  • xslow2: slow MA, default is 30.
  • xslow3: slow MA, default is 13.

















Gdamjb
112
Gdamjb 2018.10.30 21:59 
 

Great Indicator, it really helps for taking a short or long position combined with your own strategy,