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Refractor mt5

Refractor looks for possible reversal levels of a tendency (not to be confused with trend). Tendency is a price direction on the current timeframe at the present time. The indicator is based on MA and ATR. When launched, the indicator examines the entire available history and evaluates a degree of a price deviation from a moving average, as well as its frequency. Dynamic levels are built after that.

The indicator is a good addition to an existing strategy.


Parameters

  • Rperiod - moving average period;
  • Rprice - price type used in the indicator calculation;
  • Rmethod - an additional smoothing method for the indicator
  • Rdev_1 and Rdev_2 - ratios of deviations from MA. The greater the values ​​of these ratios, the further the levels will be from MA (they are thicker than others on the chart);
  • Count - amount of displayed bars;
  • Use_Notification - enable/disable alerts when the price touches the channel borders.
    1. FIRST - alert when the price touches the borders of the internal channel;
    2. SECOND - alert when the price touches the borders of the external channel;
    3. ALL - alert when the price touches the borders of both the internal and external channel;
    4. OFF - disable alerts.
  • Your_Message - the alert message to be shown when the price touches the channel borders. If left blank, the default message will be displayed;
  • SoundAlert - enable or disable sound alerts;
  • PushNotification - enable or disable push notifications;
  • EmailAlert - enable or disable email notifications.
Nikolay Gaylis
17218
Nikolay Gaylis 2019.01.14 07:08 
 

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