TDI2

TDI-2 – indicator MetaTrader 5

by
Fig.1 The Trend Direction Index
The real author: forexsystems The indicator “The Trend Detection Index” is a changed TDI indicator. With stable and expressed growing trend purple line is always above the red. On the strong falling trends all will be vise versa. This indicator was first implemented in MQL4 and published in Code Base on 22.10.2007. The indicator uses … Read more

TDI-2 BARS – indicator MetaTrader 5

by
Figure 1. Indicator TDI-2_BARS
The indicator changes the bar color to the color of the current trend calculated based on the TDI-2 custom indicator. If the trend and candlestick direction match, the color of the bar is light, if opposite, the bar is dark. The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of … Read more