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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 12695
- Rating:
- Published:
- 2012.12.20 07:26
- Updated:
- 2016.11.22 07:32
-
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Positive values indicate a strong trend. TCF+ and TCF- values can not stay simultaneously higher than zero point, but both can have negative values that speaks of consolidation or lack of a trend.
Recommendations:
- It is recommended to open long positions when the TCF+ becomes positive (the indicator has blue color and crosses the zero line bottom-up).
- It is recommended to open short positions when the TCF- becomes higher than zero (the indicator has red color and crosses the zero line bottom-up).
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1275
![XATRStopLevel](https://c.mql5.com/i/code/indicator.png)
The indicator gives Stop Loss value for open position on the basis of the XATR indicator.
![XXMA](https://c.mql5.com/i/code/indicator.png)
Digital adaptive XXMA Moving Average represents subtype of Moving Averages with a digital flat-trend filter and is made to separate the angular direction of price movement (trend) from the horizontal (flat) for effective trend trading.
![Spectrometr_Separate](https://c.mql5.com/i/code/indicator.png)
Financial asset oscillation spectrum
![XMA_Range_Bands](https://c.mql5.com/i/code/indicator.png)
Volatility channel is a very interesting alternative to Bollinger Bands.