MetaTrader 5
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Indicator Tom_Demark_Moving_Average is the moving average based on Demark's statements regarding trend identification.
It has two configurable parameters:
- Trend period - a period to identify the trend;
- SMA period - calculation period.
Operation algorithm
- Probable trend is identified first. If the current Low (bullish trend) or High (bearish trend) is higher (for Low) or lower (for High) of the previous Low or High within Trend period (12 bars by default), it means that the pressure by bears/bulls decreases and the up/down trend is probable;
- As long as condition 1 is met, the line of the up/down trend line of TD MA is drawn within four bars. If within four bars the price fixes the next minimum/maximum within Trend period, then TD MA will continue the next four bars;
- If the conditions for bullish or bearish trend are not met, a horizontal line is drawn in the color of the last trend line.
- TD MA = SMA(SMA period, PRICE_LOW) - for bullish trend;
- TD MA = SMA(SMA period, PRICE_HIGH) - for bearish trend.
MetaQuotes Ltd에서 러시아어로 번역함.
원본 코드: https://www.mql5.com/ru/code/21254
Stochastic_Bar
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Oscillator Slingshot displays in the chart the price momentum histogram and signal line. The probable direction of the fitire price movement is marked in the histogram with different colors.
Zero_Lag_TEMA
Indicator Zero Lag Triple Exponential Moving Average.
Adaptable_CCI
Oscillator Adaptable_CCI. Along with the calculation price and period, this indicator, unlike the standard one, allows you to change parameters, such as calculation range, correction coefficient, and smoothing method.