Join our fan page
- Views:
- 5288
- Rating:
- Published:
- 2018.07.13 15:37
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
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:
- Green - up-movement;
- Red - down-movement;
- Lime green - rolling back upwards or starting up-movement;
- Orange - rolling back downwards or starting down-movement;
- Gray - neutral market.
The indicator has four configured parameters:
- Period - calculation period;
- Applied price - calculation price;
- Signal period - signal line period;
- Signal price - signal line calculation price.
Calculations:
SValue = PriceSV - PriceSV[Period1] Signal = PriceSig - PriceSig[Period2]
where:
PriceSV - SMA(1, Applied price) PriceSig - SMA(1, Signal price) Period1 - Period Period2 - Signal period
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21250
![Rj_SlidingRangeRj_Digit](https://c.mql5.com/i/code/indicator.png)
Channel indicator Rj_SlidingRangeRj with the possibility to round the indicator levels to the required number of digits.
![Rex](https://c.mql5.com/i/code/indicator.png)
The indicator of probable market reversal based on the true bar value (True Value of Bar).
![Stochastic_Bar](https://c.mql5.com/i/code/indicator.png)
A simple indicator based on standard stochastic. Along with the Main and Signal lines of standard stochastic, it also draws a color histogram between these two lines.
![Tom_Demark_Moving_Average](https://c.mql5.com/i/code/indicator.png)
Indicator Tom_Demark_Moving_Average is the moving average based on Demark's statements regarding trend identification.