Average penetration histogram – indicator MetaTrader 5

Average penetration histogram - indicator for MetaTrader 5
As described by Markos Katsanos and his article in the June 2018 edition of Technical Analysis of Stocks and Commodities magazine. Additional choice of what is used for penetration criteria (in original only close price is used, in this version you can chose to use high/low instead too). Also, instead of using only simple moving … Read more

AMA Histogram Normalize – indicator MetaTrader 5

AMA Histogram Normalize
Version of the AMA Histogram indicator. Normalize iAMA indicator parameters is added. Two options are available for it: Digits() – data from iAMA are taken with usual accuracy; Digits()-1 – more rough indicator data is taken. What are possible Digits()-1 applications? For example, if you want to avoid small noise and catch only significant changes … Read more

Trading the trend – histogram – indicator MetaTrader 5

Trading the trend - histogram - indicator for MetaTrader 5
Indicator based on “Trading the Trend” article by Andrew Abraham published in TASC. There had been a lot of “reincarnations” and renamed versions of that system but since the indicator is quite good, it seemed as good to have the one coded exactly as the original article describes it. This version is a simple histogram … Read more