Clear Method – indicator MetaTrader 4

Clear Method - indicator for MetaTrader 4
Description: This indicator is based on the article: Getting Clear With Short-Term Swings by Ron Black To set up colored candle charts: Switch to Line Chart; in Chart Properties window, set Line Chart Color to None (the entire price graph will disappear); Copy the ClearMethod.mq4 file to the Indicator directory, it will be used by … Read more

X Bar Clear Close Trend – indicator MetaTrader 5

X Bar Clear Close Trend
To define the trend reversal, the indicator does not use any Moving Averages, or parameters connected with the distance passed by the price. The only criteria is the breakthrough of maximums / minimums of the previous bars. More particularly: reversal upwards is formed, if the current bar closing is higher than high of previous (x-1) … Read more