Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Join our fan page
Access the CodeBase from your MetaTrader 5 terminal
Couldn't find the right code? Order it in the Freelance section
How to Write an Expert Advisor or an Indicator
This indicator uses the open price for the day, and computes the percent change for that day. Use on any chart TF up to and including D1.
Detect bullish and bearish engulfing candles when entering the overbought or oversold territory. We have all seen a currency pair enter the overbought or oversold territory and stay there for long periods of time. What this indicator does is gives you the emphasis. So if you are looking for reversals then you may want to take notice when oversold territory is entered into with a bullish engulfing candle or if the trend is your thing then check for bearish engulfing candles while entering oversold.
CCI - double smoothed Wilder's EMA filtered with floating levels