FX Fish 2MA

FX Fish 2MA – indicator MetaTrader 5

by

Idea by: Scriptor

MQL5 code author: barabashkakvn

Arrays are averaged using the functions of the built-in MovingAverages.mqh library.

The indicator consists of three indicator constructions:

  • Fish, drawing style DRAW_COLOR_HISTOGRAM – a histogram of colored bars. The main indicator buffer calculated by one of Price Constants;
  • Fish Aver, drawing style DRAW_LINE – a line with the specified color. Contains the Fish array, which is smoothed using simple averaging with the MA1period period;
  • Fish Aver Aver, drawing style DRAW_LINE – a line with the specified color. Contains the Fish aver array, which is smoothed using linear weighted averaging with the MA2period period;
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Buy signals – Fish is below zero and is crossed by Fish Aver.

Sell signals – Fish is above zero and is crossed by Fish Aver.

Fish Aver Aver can be used either for a more conservative entry or as a position exit signal.

FX Fish 2MA


FX Fish 2MA – indicator MetaTrader 5
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