IdeaTrend – indicator MetaTrader 5
IdeaTrend is meant for checking a trend defining idea. The indicator has three input parameters: Period – calculation period; Method – calculation method; Threshold – trend direction threshold. Calculation: Idea = (MAH – MAC) / (MAC – MAL) where: MAH = MA(High, Period, Method) MAL = MA(Low, Period, Method) MAC = MA(Close, Period, Method) If … Read more