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

Views:: 3613
Rating:: (8)
Published:: 2018.07.13 15:48

DMI_Difference.mq5 (7.95 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Oscillator DMI Difference displays the chart of the difference between the two components of indicator ADX: plus DI and minus DI. Market movement direction displays in different colors: Up in blue and down in red.

It has one input parameter:

ADX period - period of the ADX to be calculated.

Calculations:

DDMI = PlusDI - MinusDI

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21260

BuffAverage

Buff Dormeier's moving average weighted by volume.

AV (Average Volatility) - a simple average volatility oscillator.

PAC

PAC (Periods After Crossing MA) is an oscillator displaying the number of bars elapsed after the last crossing of the price and the moving average.

Indicator RP (Range Position) displays the price position within the range (from Low to High) reached over the previous N periods.

DMI_Difference - indicator for MetaTrader 5