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You liked the script? Try it in the MetaTrader 5 terminal
i-OneThird - indicator for MetaTrader 4
- Views:
- 24897
- Rating:
- Published:
- 2007.05.29 15:56
- Updated:
- 2016.03.09 09:34
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The difference between the high and low of a candle divides into three parts each one corresponding 1/3 of the candle. The indicator calculates where the candle opened and where it closed. It is recommended to hide the initial chart by setting the following parameters: option "Chart on foreground" unchecked (menu "Charts"-> "Properties" or press F8, tab "Common").
Bullish Pattern:
1-1
2-1
3-1
Bearish Pattern:
1-3
2-3
3-3
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i-5days
5days indicator marks the first bar of each new day.
FX5_DivergenceThis indicator will detect divergence between the price and OsMA indicator. It will give buy or sell signal according to the type of divergence that was detected.