AbsoluteStrengthMarket - MetaTrader 5 için gösterge

This indicator with a sufficient accuracy allows defining 6 market states, exactly:

• Bull market (Bull Market).
• Bear market (Bear Market).
• Correction (Correction) in a bull market.
• Correction in a bear market (Bear Market Rally).
  
• Choppy market (Choppy Market).
• Flat market (Sideways Market).

As in AbsoluteStrength to define the market forces 3 methods of calculation are used: RSI, Stochastic and DMI. Using Length, PreSmooth, Smooth, Signal and MA_Mode parameters you can achieve the desired accuracy of calculation. Keep in mind that a period of a signal line (Signal) starts from 1, in this case Bulls and Bears values on the previous bar are used.