New free code from MQL5: indicators, EAs, and scripts for traders.
Before using it, read the instruction (.txt file attached).
Signals for the indicator:
MACD:
signal1 - the indicator is above zero line - value=+1, the indicator is below zero line value=-1;
signal2 - the indicator is above signal line - value +1, the indicator is below signal line - value -1;
Awesome Oscillator:
signal1 - the indicator is above zero line - value=+1, the indicator is below zero line - value=-1;
signal2 - the indicator is colored in green - value +1, the indicator is colored in red - value -1;
Moving Average of Oscillator:
signal1 - the indicator is above zero line - value=+1, the indicator is below zero line - value=-1;
signal2 is not involved.
Williams' Percent Range:
signal1 - the indicator crosses the oversold line upwards=+1, the indicator crosses the overbought line downwards=-1;
signal2 is not involved.
Stochastic Oscillator:
signal1 - %K crosses the oversold line upwards=+1, %K crosses the overbought line downwards=-1;
signal2 - %K is above %D = +1, %K is below %D = -1.
Trading:
- if the total signal is greater than 0 and there are no buying positions, open a buying position;
- if the total signal is less than 0 and there are no selling positions, open a selling position.
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