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You liked the script? Try it in the MetaTrader 5 terminal
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- Published:
- 2022.04.29 05:34
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The idea of the indicator
Visualize a bar where there was a crossover of two iMAs (MOving Average, MA). The indicator is displayed not in the main window, but in the mod-window.
Rice. 1. Trading Volume Line

Trading strategy based on the custom indicator 'MA on Momentum'

'Momentum' indicator and 'Momentum' indicator smoothed with 'Moving Average

The indicator shows the percentage of the 'Close' price above and below the 'iMA' indicator

Very simple indicator to plot the values of the spread[] data as reported by the OnCalculate event handler.