Dsl

DSL – DEMA MACD – indicator MetaTrader 5

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DSL - DEMA MACD - indicator for MetaTrader 5
Variation of a long known and useful MACD indicator. This version is using: DEMA (Double Exponential Moving Average) instead of using EMA (Exponential Moving Average) for MACD calculation. DSL (Discontinued Signal Lines) and instead of using one signal line uses two. That way it sort of introduces levels as well as signal lines and, judging … Read more

DSL – TEMA MACD – indicator MetaTrader 5

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DSL - TEMA MACD - indicator for MetaTrader 5
Variation of a long known and useful MACD indicator. This version is using: TEMA (Triple Exponential Moving Average) instead of using EMA (Exponential Moving Average) for MACD calculation DSL (Discontinued Signal Lines) and instead of using one signal line uses two. That way it sort of introduces levels as well as signal lines and, judging … Read more

DSL – WPR – indicator MetaTrader 5

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DSL - WPR - indicator for MetaTrader 5
Williams’ Percent Range Technical Indicator (%R) is a dynamic technical indicator, which determines whether the market is overbought/oversold. Williams’ %R is very similar to the Stochastic Oscillator. The only difference is that %R has an upside down scale and the Stochastic Oscillator has internal smoothing. Indicator values ranging between -80% and -100% indicate that the … Read more

DSL – extended stochastic – indicator MetaTrader 5

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DSL - extended stochastic - indicator for MetaTrader 5
The Stochastic Oscillator is a Momentum indicator comparing the closing price of a security to the range of its prices over a certain period of time. The sensitivity of the oscillator to market movements is reducible by adjusting that time period or by taking a Moving Average of the result. The general theory serving as … Read more

Dsl – Balance of Market Power – indicator MetaTrader 5

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Dsl - Balance of Market Power - indicator for MetaTrader 5
Balance of Power, introduced by Igor Livshin attempts to measure the strength of buyers vs. sellers by assessing the ability of each to push price to an extreme level. Livshin published this indicator in the August 2001 issue of Stocks and Commodities Magazine. This version of indicator calculates the BOP exactly as it is described … Read more

Dsl – RSI of average – indicator MetaTrader 5

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Dsl - RSI of average - indicator for MetaTrader 5
This indicator is using filtered prices for RSI (instead of using “raw” prices) and is using Discontinued Signal Line for trend assessment (instead of using slope or fixed levels). Price filtering prior to RSI calculation helps in making less false signals without adding significant lag. Discontinued Signal Lines are helping in making the significant levels … Read more

DSL Balance of market power JMA – indicator MetaTrader 5

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DSL Balance of market power JMA - indicator for MetaTrader 5
Balance of Power, introduced by Igor Livshin attempts to measure the strength of buyers vs. sellers by assessing the ability of each to push price to an extreme level. Livshin published this indicator in the August 2001 issue of Stocks and Commodities Magazine. This version of indicator calculates the BOP exactly as it is described … Read more