Speed Of Price Mamdani
Speed of Price Mamdani - this indicator is the latest development in the field of mathematical calculations, using the theory of fuzzy logic to make a decision. The input data is the formula for calculating the rate of change in price, which was previously applied in one of my developments https://www.mql5.com/ru/market/product/24624. The result of this work was the ability to use this product as an independent trading system, with both trend and counter-trend.
The indicator has been thoroughly tested on reliable historical data and showed good results both in the trend market and in the flat over the entire available history (about 15 years). Still, it is recommended to study the subtleties of the indicator on a demo account before the real trading and of course follow the rules of money management. To use this indicator in the advisor, it is recommended to add it with additional safety indicators.
The subtleties of the calculation of the indicator values are not disclosed, since this is unique.
- countBars - the number of readable candles on the history (it is not recommended to put a large number on a weak computer)
- Pairs: The indicator was developed for EURUSD GBPUSD, it can be used on other instruments after careful study of the price behavior.
- Working timeframe: H1