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Average Bar Body

5

Very simple indicator that shows if body of a new bar is bigger than the average bar body.

We can use the indicator to notice bars that are bigger than usual, for example this could mean a new trend.

Input params:

  • history bars to display
  • from how many bars to get the average bar body
  • To calculate only bars from the same type
  • distance for the dots
  • bull color
  • bear color
  • dot size
Reviews 1
lywer
179
lywer 2023.01.05 16:16 
 

very helpfull to detect dynamic

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Georgi Gaydarov
Simplest indicator for bar shadows. Very useful for Kangaroo Tail strategy. "Shadows" - this is the distance from high and close of the bull bar and low and close of the bear bar. The purpose of the shadow is to show you if the bar is strong or not.  Whether it is internal to the trend or is external. It even helps determine if a trend is starting. Very easy to recognise the pattern of the kangaroo tail and the reverse bar. Input arguments: Timeframe How many prevoius bars to calculate Value
This cross MA and trend line indicator defines entries based on fast and slow MA and on the previous bot or top. The entry is displayed together with indicative prices for target and stoploss. It also gives a indicative pending sl and tp in case you set a reverse stop order. The prices are based on tops and bots from my strategy which I use in my other indicator - https://www.mql5.com/en/market/product/56045. The entry shows you if a correction is strong and will become reverse trend or if the c
This is a simple trend indicator. It draws the arrows live and shows when the potential trend starts or ends. It is separated by my indicator for positions on the trend direction Cross MAs Trend Entry , so that you can use it practice with it and get more familiar with my strategies. Note : the indicator does not redraw arrows, it works absolutely live and for every period and simbol ( it is most optimized for M5 ) It has simple input parameters, the default values are optimized for M5 for mo
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lywer
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lywer 2023.01.05 16:16 
 

very helpfull to detect dynamic

Georgi Gaydarov
3639
Reply from developer Georgi Gaydarov 2023.01.11 10:54
Thank you for the review, do you have any suggestions?
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