Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 4 Indicator | Sensetive

Author: QuantifiEd

The SeNSetiVe indicator.

The indicator displayed the market movement direction when the zero line is crossed. When the crossing is from below - buy, when it is from above - sell.

Variables

                                           
SPerioD - Period (100-200), at lower values (<100) the indicator line will generate a lot of false signals. The optimum value for the hourly charts is 160-180. For smaller - 100-160.
SFactoR - (from 1 to 10) - sensitivity of the market line to rapid (sometimes false) turns of the trend line, optimal value (5-7)
ShiFt   - shift relative to the zero line.
MetaTrader Experts, Indicators, Scripts and Libraries

7855

Best MetaTrader Indicators + Profitable Expert Advisors