Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Indicators

Mirror_Bands - indicator for MetaTrader 5

Views:
3490
Rating:
(13)
Published:
2018.06.06 13:26
Mirror_Bands.mq5 (12.36 KB) view
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The indicator is similar to Bollinger Bands, but has a signal ("mirror") line.

It has four input parameters:

  • Period - calculation period
  • MA period - MA line calculation period
  • Deviation - deviation, the width of the band
  • Applied price - price used for calculation

Interpretation of the indicator:

Enter a long position, when the MA line crosses the Mirror line upwards

Enter a short position, when the MA line crosses the Mirror line downwards

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20338

Magic_Trend Magic_Trend

A trend indicator 'Magic Trend'

LWTI LWTI

Larry Large Trade Index

SWMA SWMA

Sine-Weighted Moving Average

Lyapunov_HP Lyapunov_HP

The oscillator indicator based on Lyapunov stability theory, with the Hodrick-Prescott filter