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You liked the script? Try it in the MetaTrader 5 terminal
TrendManager - indicator for MetaTrader 5
- Published by:
- Nikolay Kositsin
- Views:
- 8537
- Rating:
- Published:
- 2012.02.06 15:42
- Updated:
- 2016.11.22 07:32
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Real author:
Alejandro Galindo
Visual trend indicator that shows the direction and power of the current price movement.
Indicator input parameter:
//+-----------------------------------+ //| Indicator input parameters | //+-----------------------------------+ input uint DVLimit=70; // Limit in points input uint Fast_Period=23; // Fast MA period input ENUM_APPLIED_PRICE Fast_Price=PRICE_OPEN; // Fast MA price type input ENUM_MA_METHOD Fast_Method=MODE_SMA; // Fast MA smoothing method input uint Slow_Period=84; // Slow MA period input ENUM_APPLIED_PRICE Slow_Price=PRICE_OPEN; // Slow MA price type input ENUM_MA_METHOD Slow_Method=MODE_SMA; // Slow MA smoothing method input int Shift=0; // Horizontal shift of the indicator in bars
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/754
Ultimate_Oscillator
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IBSInternal Bar Strength Indicator measures the "inner strength" of each bar by subtracting the close price from the low and dividing the resulting number by the difference between high and low bars.