The MAD Indicator (Moving Averge Delta) – indicator MetaTrader 4

The MAD Indicator (Moving Averge Delta) - indicator for MetaTrader 4
Description: MAD stands for Moving Average Delta, it calculates the difference between two points of an moving average. The curve shows the different in Pips. By calculating the delta between two points we can see more small changes in the direction of the moving average curve which are normally hard to see. You can see … Read more

Trailing Stop Module Based on Delta ZigZag – library MetaTrader 5

Examples of Delta ZigZag work
The module for tracking open positions based on “Delta ZigZag” indicator for MQL5 Wizard. The tracking module moves Stop Loss of the opened position to new horizontal levels calculated by the indicator. Fig. 1 Example of Delta ZigZag indicator work Trailing Stop Module Based on Delta ZigZag – library MetaTrader 5

Trading Signals Module Based on Delta ZigZag Indicator – library MetaTrader 5

Fig. 1 Example of the trading signals based on Delta ZigZag indicator
Trading signals module based on Delta ZigZag indicator for MQL5 Wizard. Buy Signals: When the price breaks indicator’s horizontal level from the bottom up, it is assumed that a descending trend has been replaced by an ascending one, and the module displays buy signal. Sell Signals: When the price breaks indicator’s horizontal level from top … Read more

ID Compare HH LL and delta base – indicator MetaTrader 5

delta base = 5 points
This oscillator shows in form of a histogram the differences in points between the successive: High of bars/candlesticks; Low of bars/candlesticks. It also shows them in different colors, depending on: High and Low directions; amount of points set in the properties. Features of histogram columns above the zero line shown in the separate window of … Read more

Delta – indicator MetaTrader 5

Delta - indicator for MetaTrader 5
The Delta indicator draws two lines: Red – the bar average price line (OHLC)/4; Green – the line of the decimal logarithm of the current to previous (OHLC)/4 prices ratio. The indicator has no input parameters. Calculations: Delta = Price + Diff where: Diff = Log10(PrevPrice / Price) Price = (Open + High + Low … Read more