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- Pubblicato:
- 2016.02.09 09:18
- Aggiornato:
- 2023.03.29 13:46
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Real author:
Grzegorz Szczerba
This indicator is an attempt to evaluate the real market value of a financial asset. The idea was to create something that changes the direction slower than the market price and corresponds to the situation better than a moving average. The indicator increases, if the price is above it, and goes down, if the price is below. The rate of growth/decline is proportional to the average difference between the Low and High of the bars in a period specified in the settings.
The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
Originally this indicator has been written in MQL4 and was first published in the Code Base on 04.01.2016.
Figure 1. The RealValue indicator
Tradotto dal russo da MetaQuotes Ltd.
Codice originale https://www.mql5.com/ru/code/14659
XDidi_Index
The Didi needles indicator with the advanced customization settings of the moving averages used in its calculations.
Didi_Index_Sign
A semaphore signal indicator that uses an algorithm based on crossovers of two moving averages.
RealValue_HTF
The RealValue with the timeframe selection option available in the input parameters.
XDidi_Index_HTF
The XDidi_Index with the timeframe selection option available in the input parameters.