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 Indicators | Priliv_s | MQL5 Release

RobotFX curates the best open-source MetaTrader code to inspire your trading automation.

The indicator represents 3 lines of different colors showing the trend speed on the current, the nearest larger and the next larger timeframe (TF).

Beige line means calculations with the smallest period (current TF).

Green line represents the nearest larger TF in the current TF.

Classic MACD strategy made fully automatic – the MACD Expert Advisor for MT4 handles it all. Check it out.

Red line is used to represent the trend in the next larger TF. It can be applied to any timeframes.

Inflection of the indicator means that the trend direction has changed.

Image for Priliv_s

Priliv_s

Thanks for reading. Discover premium MetaTrader solutions at RobotFX.

8152

Best MetaTrader Indicators + Profitable Expert Advisors