Join our fan page
- Views:
- 651
- Rating:
- Published:
- 2025.04.17 08:43
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
The SMI Ergodic Oscillator indicator displays the difference between the True Strength Index and its exponentially smoothed signal line.
It has three adjustable parameters:
- Long Length - primary smoothing period for TSI calculation
- Short Length - secondary smoothing period for TSI calculation.
- Signal Line Length - period of signal line smoothing for SMI calculation.
The ergodic oscillator gives the following signals related to the zero level crossing:
-
Finding the oscillator line for a long time in the zone below zero and then crossing it from bottom to top indicates the possibility of opening a long position;
-
Similarly, when the oscillator is above zero level for a long time and then crosses it from top to bottom, it indicates a favourable moment to open a short position.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/49404

The "Net Volume" indicator shows the volume taking into account the pressure of sellers and buyers

Know Sure Thing (KST) oscillator indicator based on the rate of price change (ROC)

Volatility Stop - indicator of stop levels by volatility

This CalculateHistoryProfit script version 1.0 is designed to calculate profit for a specified period using a chart panel.