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Candle High Low Exit

The Candle High Low Exit indicator uses the highest high and the lowest low of a range to draw trailing stop lines (orange under buys, magenta over sells) that advance with the trend until the trend changes direction.  Moreover, the trailing stop lines are generated to support the order’s trend direction (long or short): 
  • In an upward trend, the long trailing stop line (orange line under buy) appears and advances upward until the close crosses under the line. 
  • In a downward trend, the short trailing stop line (magenta over sell) appears and declines until the close crosses over the line. 
The Candle High Low Exit is one of 12 indicator-based trailing stops comprising our Universal Trailing Stop EA. You don't need to download this indicator to make it work in the UTS EA, as the indicator is already built into it, but if you want to see the how your trailing stops auto-adjust to the indicator lines on the chart of UTS-EA when you set Apply indicator template=true, you need to download this indicator. 


Parameters

  • vesQtCndls (3) - The number of candles for the calculation

Comentários 2
Febe
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Febe 2021.01.20 16:08 
 

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Michal Jurnik
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KT COG Advanced MT4
KT COG Advanced MT4
KEENBASE SOFTWARE SOLUTIONS
KT COG is an advanced implementation of the center of gravity indicator presented by John F. Ehlers in the May 2002 edition of Technical Analysis of Stocks & Commodities magazine. It's a leading indicator which can be used to identify the potential reversal points with the minimum lag. The COG oscillator catches the price swings quite effectively. MT5 version of the same indicator is available here KT COG Advanced MT5 Calculation of COG The COG indicator is consist of the two lines. The mai
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InfoPanelMarket
InfoPanelMarket
Chantal Sala
Informational indicator which shows: Swap Price under/upper Open for every Time Frame Spread Time to close the current candle Broker Time Net Change: delta in percentage from Open (MN-W1-D1) Tick Value Volumes Info for every trades open: Lots Breakeven Profit Buy-Profit Sell Equity Symbol Positive values are green and negative values are red (modifiable in input). Inputs: View BE line (enable/disable) View all Symbol (shows the list of symbol) Color (for every text) Line Color (for BE line)
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Chantal Sala
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True Currency Strength Meter
True Currency Strength Meter
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MAJOR CHANGES HAS BEEN MADE. Parameter description will be changed. EXPECT ANOTHER UPDATE BEFORE JUNE ENDS. PRICE WILL GO UP AFTER THE FINAL UPDATE. True Currency Meter with Email and SMS push notifications! Have you ever wondered why would some pairs would move more than others, and 100 pips on EURGBP is bigger than 100 pips on EURUSD? And during the news, some would move 200 pips but some would only move 150 pips? This is the key to the newly developed "28 pairs" True Currency Strength Met
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merky16
89
merky16 2021.04.11 18:32 
 

MUY BUENO

Febe
69
Febe 2021.01.20 16:08 
 

Five Stars

Responder ao comentário
Versão 1.6 2020.12.18
- added variable Show Channel for channel trading. If Show Channel=true, you can see Candle High Low Exit lines plotted above and below price, not just in direction of trend.
Versão 1.5 2020.11.04
- minor fix
Versão 1.4 2020.11.01
- minor fix
Versão 1.3 2020.10.22
- minor change
Versão 1.2 2020.10.16
- fixed bug