This trend indicator shows the current trend direction and moments for closing of the opened position.
There are 3 variants of the indicator:
As a line (Variation.mq5);
As a line with color depending on current trend (ColorVariation.mq5);
As a line with additional JMA-smoothing for noise reduction (ColorJVariation.mq5).
The ColorJVariation.mq5 uses the Π‘JJMA class of SmoothAlgorithms.mqh library, described in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”.
The Variation.mq5,Β ColorVariation.mq5 and ColorJVariation.mq5 must be placed to terminal_data_folder\MQL5\Indicators.
This indicator was first implemented in MQL4 and published in Code Base 14.07.2010.
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…
psar bug 3 - EA MetaTrader 4 An expert advisor designed to open and close respective orders at the first parabolic SAR signal. Its performance depends on…
pSAR bug 4 - EA MetaTrader 4 An expert advisor designed to open and close respective orders at the first parabolic SAR signal. Its performance depends on…
pSAR bug 5 - EA MetaTrader 4 An expert advisor designed to open and close respective orders at the first parabolic SAR signal. Its performance depends on…
Risk Reward Ratio - EA MetaTrader 4 The "Risk Reward Ratio" EA trades with RSI,MA & STOCHASTIC indicators It uses a Risk Reward Ratio ,has Trailing Stop…
Fractals and Alligator - EA MetaTrader 4 Β "Fractals & Alligator" EA trades with a strategy based on Fractals & Alligator indicators and has Trailing Stop Loss &Take…
15 Minute Scalper - EA MetaTrader 4 15 Minute Scalper EAΒ trades with Stochastic & Parabolic indicators has Trailing Stop Loss &Take Profit,works best on 15 minute…
Heikin Ashi Trader - EA MetaTrader 4 Β "Heikin Ashi Trader" EA trades with a strategy based on Heikin Ashi indicatorΒ (not visible) and has Trailing Stop Loss &Take…
