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Ti è piaciuto lo script? Provalo nel Terminale MetaTrader 5
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- Pubblicato:
- 2018.05.15 13:43
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Hai bisogno di un robot o indicatore basato su questo codice? Ordinalo su Freelance Vai a Freelance
Usually Trend Strength indicators are using oscillator based indicators for trend strength assessment.
This version changes that. It can use some of the 4 regular types of averages and is drawn on the main chart. That way you can see directly on the price itself the estimated trend assessment by the trend strength algorithm.

Trend strength assessment based on Jurik smoothed RSI.

Trend strength assessment based on RSX.

This version extends the basic version of Leader of the MACD with some options that are adding more flexibility to the usage of the indicator.

Trend Intensity Index as described by M.H.Pee in his article "Trend Intensity Index".