EMA

Rsi Ema Engulfing Bar V3 – indicator MetaTrader 5

by
Rsi Ema Engulfing Bar V3 - indicator for MetaTrader 5
This MT5 alert is designed to identify potential buying opportunities based on several technical indicators and price action patterns. Here’s how it works: Buy Conditions 1. RSI Condition: The Relative Strength Index (RSI) for the current period is below a specified low threshold (RsiLow). This indicates oversold conditions. 2. Candlestick Pattern: It checks for a … Read more

Fractal Dimension Index. + Step EMA – indicator MetaTrader 4

by
Fractal Dimension Index. + Step EMA - indicator for MetaTrader 4
Step_Ema_LK.mq4: This is a hybrid step / ema filter I wrote a while ago. Exchanging some lag/price for lag/time then prices moves a lot. LK_FDI_V2.mq4: Is my version of a Fractal Dimension Index. Following more or less the same principles as FGDI.mq4 posted elsewhere in the codebase. (There is some small differences, especial when dealing … Read more

Simple Adviser EMA WMA RSI – EA MetaTrader 4

by
Simple Adviser EMA WMA RSI - expert for MetaTrader 4
Description: Expert Advisor is fairly simple and with a little practice it can be modified even people not familiar with the programming. An Expert Advisor opens the trade, based on the intersection of MA. Opening is filtered on the indicator RSI. If RSI> 50 – allowed only Buy If RSI <50 – allowed only SellVariables: … Read more

MQL5 Wizard – Trade Signals Based on Crossover of Two EMA with intraday time filter – EA MetaTrader 5

by
Figure 1. Trade signals, based on crossover of two EMA with intraday time filter
MQL5 Wizard allows to create the code of Expert Advisors automatically. See Creating Ready-Made Expert Advisors in MQL5 Wizard for the details. The trading signals of the strategy, based on two moving averages are considered in MQL5 Wizard – Trade Signals Based on Crossover of Two Exponentially Smoothed Moving Averages. The moving averages are effective … Read more

EMA – indicator MetaTrader 5

by
Fig.1 The EMA indicator
Classic exponential Moving Average with the ability to use real numbers as the averaging period. In the EMA_.mq5 indicator the ability to throw this indicator to other indicators is realized. The EMA.mq5 indicator doesn’t have such peculiarity. The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was … Read more