Indicators: iTrend

 

iTrend:

iTrend indicator for MetaTrader 5

Author: Mladen Rakic

 

Hello, can you please explain how to interpret this indicator and what information can I extract from it? 

What is the benefit of the iTrend bar above bands? How can I change settings to make it identical to its MT4 standard version?

Thanks!

 

Dear Mladen,


Appreciate your work but,...

Please don't make indicators more complicated than nessecary. Please just make it working as in MT4. That really helps. For instance, easy comparing is possible then and the indicator makes a better change to be compatible in converted MT4 code.

When done that make an other publication of a version that offers some more. And make clear what the advantage is. Most added bells/colors and so on do no good but only harm and give extensive noise.


Thanks!

 
Marine #:

Dear Mladen,


Appreciate your work but,...

Please don't make indicators more complicated than nessecary. Please just make it working as in MT4. That really helps. For instance, easy comparing is possible then and the indicator makes a better change to be compatible in converted MT4 code.

When done that make an other publication of a version that offers some more. And make clear what the advantage is. Most added bells/colors and so on do no good but only harm and give extensive noise.


Thanks!

Dear "Marine",


Please check that this part of the code base is metatrader 5 code base - for metatrader 4 code please check metatrader 4 branch of the code base

Please check how the original iTrend indicator was coded, what it is supposed to do and how it is supposed to do it

Please, fee free to check and test the code before you post a suggestion of how and why it should be changed

And last, but not the least : please feel free to not to use any code you find on the internet (for free)


Thanks!