ADXVMA is one new sort of a Moving Average. It is using modified ADX calculation for adapting Moving Average calculation. The process of adapting is so efficient that it filters out a lot of noise out of the market and produces longer periods of smooth values. This is a binary version of ADXVMA indicator: instead … Read more
The indicator was described by B. Williams as fourth dimension – Trading Zone: If the current bars of AC and AO are trending up, it shows that the zone is up. If the current bars of АС and АО down, it shows that the zone is down. If the bars of AC and AO are … Read more
Trend Envelopes indicator made as histogram. This version also has an additional option to smooth prices prior to be used in calculation (the option that can help filtering out some of the signals). Trend Envelopes of Averages Histogram – indicator MetaTrader 5
Step Chart Histogram indicator monitors the price change (in pips) and according to that, determines if a new “step” has been made or not. Compared to the Step Chart indicator, this version displays the values in a separate window as a histogram (as a sort of a help to see the trend changes in an … Read more
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 is an indicator that shows the difference of a Close price and iAMA (Adaptive Moving Average, AMA) indicator value as a histogram. AMA Histogram – indicator MetaTrader 5
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
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
The indicator looks for bars without wicks. Uses the drawing style DRAW_COLOR_HISTOGRAM. When the absence of one or two wicks is detected, a histogram bar of the corresponding color is drawn: https://www.mql5.com/ru/code/22239 Without shadow color histogram – indicator MetaTrader 5
🍪 By using RobotFX website, you agree with the use of cookies and following our terms of service.