The indicator shows the rate of change of simple moving average.
The direction of the indicator is the same with direction of daily bars. The local extremums of the indicator corresponds to the reverse points of the local trend.
The indicator is advancing, it shows the rate of the price change and proposed price reverse.
The value of the indicator is calculated as ratio of the current price to the value of the simple moving average of the price (n-days averaged) minus 1:
MetaCOT 2 CFTC ToolBox (Set of Indicators) MT4 -… Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
JS-Chaos - EA MetaTrader 5 The author of the idea: JS_Sergey, the mq5 code author: barabashkakvn. The Expert Advisor is based on Bill Williams' strategy.…
MAMACD - EA MetaTrader 5 Author of the idea: Â Yuri, author of the mq5 code: barabashkakvn. Two main iMA (Moving Average, MA) indicators with periods…
Dematus - EA MetaTrader 5 Author of the idea: Igor MQL5 code author: barabashkakvn How it works If there is a position, and the price…
