Dots – indicator MetaTrader 5

Dots - indicator for MetaTrader 5
Real author: TrendLaboratory The Dots indicator is based on an indicator developed by TrendLaboratory in 2006. The indicator shows current trend direction by placing colored dots on the main chart. Blue dots indicate an uptrend, red dots indicate a downtrend. Although the indicator calculation is not based on standard MetaTrader platform indicators, it uses the … Read more

Dots – indicator MetaTrader 5

Fig.1. The Dots indicator
The Dots indicator is based on an indicator developed by TrendLaboratory in 2006. The indicator shows current trend direction by placing colored dots on the main chart. Blue dots indicate an uptrend, red dots indicate a downtrend. The indicator’s calculations are not based on the standart indicators of the MetaTrader platform. The calculation is based … Read more

Dots – indicator MetaTrader 4

Dots - indicator for MetaTrader 4
Real author: TrendLaboratory The Dots indicator is based on an indicator developed by TrendLaboratory in 2006. The indicator shows current trend direction by placing colored dots on the main chart. Blue dots indicate an uptrend, red dots indicate a downtrend. Although the indicator calculation is not based on standard MetaTrader platform indicators, it uses the … Read more

Dots – indicator MetaTrader 5

Dots - indicator for MetaTrader 5
A simple signal indicator. When the direction of the moving average, which is calculated using Close prices, changes, a signal arrow is drawn on the chart: If the direction of the Moving Average changes from down- to upward, a Buy arrow is added below the price. If direction changes from up- to downward, a sell … Read more