Sine Wave – indicator MetaTrader 5

SineWave and SineWave2 indicators
Real author: Witold Wozniak Sine Wave indicator was developed in 1996 by the American analyst John Ehlers, who called it a “trend oscillator”. It is based on the idea of the economical processes periodicity: the indicator detects this periodicity violations. The indicator acts in a completely opposite way comparing to the adaptive moving averages during a … Read more

Sine Wave Cloud HTF – indicator MetaTrader 5

Fig.1. Indicators Sinewave_Cloud_HTF and Sinewave2_Cloud_HTF
Indicator Sine Wave with the timeframe selection option available in input parameters, in form of a colored cloud. input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // The indicator chart period (timeframe) For indicator Sinewave_Cloud_HTF to operate, indicator Sinewave.ex5 must be in the <terminal_data_directory>\MQL5\Indicators folder. Similarly, for indicator Sinewave2_Cloud_HTF to operate, indicator Sinewave2.ex5. must be in the <terminal_data_directory>\MQL5\Indicators folder. Both … Read more