Bullish price bar: (13-period EMA > previous 13-period EMA) and (MACD-Histogram > previous period’s MACD-Histogram)
Bearish price bar: (13-period EMA < previous 13-period EMA) and (MACD-Histogram < previous period’s MACD-Histogram)
Neutral price bar: when conditions for a bullish price bar or bearish price bar are not met.
The Elder Impulse System indicator identifies transitions where a trend speeds up or slows down. The Impulse System is based on two indicators, a exponential moving average over a number of days and the MACD histogram. The moving average identifies the trend, while the MACD histogram measures momentum. As a result, the Elder Impulse System combines trend following and momentum to show tradable impulses.
Notify Icon - library MetaTrader 5 This library provides every MQL program with a separate icon in the notification area of the Windows taskbar. The library…
Creating fractals in MQL5 using… Introduction There are many programs, allowing the creation of self-similar sets, defined by Iterated Function System (IFS). See, for example,…
MetaCOT 2 CFTC ToolBox (Set of… Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
Daylight changes (summer time) -… Get the time of the daylight change, (start/end of the summer time). Daylight Saving Time (DST) changes do not necessarily…
MACD Sample - EA MetaTrader 5 The MACD Sample EA is included in the standard pack of the MetaTrader 5 client terminal and is an example…
MQL5 Wizard - Trade Signals… The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal…
MQL5 Wizard - Trade Signals… The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal…
