trend EAs, indis, scripts & libraries

Trending or Ranging and Trend Strength Indicator – indicator MetaTrader 4

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Trending or Ranging and Trend Strength Indicator - indicator for MetaTrader 4
Brooky Trend Strength Indicator The indicator shows the power of the trend that is in place and whether a pair is trending or ranging. Strength is always from below 0 heading up. This is not a linear directional indicator. The colours give direction, the slope shows strength. 0 is ranging, going up off 0 is

The class of a module of trade signals, on “inner bar breakthrough” in trend direction – library MetaTrader 5

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Description of signals
The MQL5 Wizard provides an opportunity to create a strategy using different modules. For example, the main module can be written by developer, the other modules (money management, trailing stop) can be developed by other programmers. The strategy, implemented in this module is following: when outside bar appears, it checks the fact of the inner

Directional Trend Index Blau_DTI – indicator MetaTrader 5

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Directional Trend Index (DTI) Indicator by William Blau
Author: Andrey N. Bolkonsky The Directional Trend Index (DTI) indicator (based on the Composite High/Low Momentum) is described by William Blau in the book “Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis”. WilliamBlau.mqh must be placed in terminal_data_folder\MQL5\Include\ Blau_DTI.mq5 must be placed in terminal_data_folder\MQL5\Indicators\ Directional Trend Index (DTI)Indicator by William Blau

Trend power and direction indicator – indicator MetaTrader 5

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ColorBBCandles
This indicator paints the candlesticks in different colors depending on a trend power and direction. The indicator is based on five symmetrical Bollinger Bands with different deviation input parameters values. Breakout of the channel with a big deviation value results in a brighter color of a candlestick. Spring green color shades are used for the

Schaff Trend Cycle – indicator MetaTrader 5

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Schaff Trend Cycle
Real author: Doug Schaff Schaff Trend Cycle indicator is a cyclical oscillator created by calculating the Stochastic over MАСD line using cycles. As a result, the developers managed to achieve more stable and reliable results of the indicator script operation. A chart is almost unaffected by the short-term trends that inevitably emerge on the market.