penetration

PLC (penetration of the last candle) – EA MetaTrader 5

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PLC USDCHF
Idea by: Vyacheslav Barbakov. MQL5 code by: Vladimir Karputov. Trading in the price movement direction with pending Buy Stop and Sell Stop orders on the 5-minute timeframe. The cycle starts with placing pending orders with 0.01 lots (minimum lots) above the High and below the Low of the preceding candlestick by the value of Shift … Read more

Average penetration bars – indicator MetaTrader 5

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Average penetration bars - 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

Average penetration histogram – indicator MetaTrader 5

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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

Average penetration – indicator MetaTrader 5

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Average penetration - 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