Stowell’s Three-Bar Net Line – indicator MetaTrader 4

Stowell's Three-Bar Net Line - indicator for MetaTrader 4
The indicator plots two Stowell patterns on the right edge of the chart: upper and lower. A breakout of the three candle line means (by Stowell) a change in the trend. Both files must be compiled. Only the second file is attached to the chart (3clinetf.mq4). Input Parameters: The BreakOnly=false parameter means that any formed … Read more

MyRsi with NET – indicator MetaTrader 5

MyRsi with NET - indicator for MetaTrader 5
In December 2020 issue of TASC, John Ehlers published an indicator called MyRsi with NET (MyRsi with Noise Elimination Technology) in which he uses a sort of Kendall (auto)correlation to filter out signals  The only deviation in this version is that we can use desired prices (instead of using fixed close price) Recommendations: you can … Read more