Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 33126
- Rating:
- Published:
- 2008.02.17 10:24
- Updated:
- 2016.03.30 11:04
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Here is a way to dramatically improve the doubleDown algorithm, still the same works good on 1 min EURUSD but mush more satisfactory results: here is the results from Jan 2006 to date:
I hope you like it and please rate it if you like it so others can know.
Thank you
Hazem

The Mass Index is intended for detection of trend turns based on changes in the bandwidth between the maximal and the minimal price. If the bandwidth expands, the Mass Index increases, if it narrows, the index decreases.

The indicator is equivalent of one of the oldest classical indicators, ROC. The prices are replaced with volumes in this present indicator.