Trend indicators - page 41

 

LeMan stop by Alexander Gettinger

lemanstop.mq4

Files:
 

ForexOFFTrend indicator forexofftrend__indi.mq4

 

I find this indicator that gives the trend signal for currency pairs. It's free and no repaint.

To me, it's easy and simple to use. No complicated figures and lines. If the indicator is above the price (Red line), there is a downward trend. If you see the blue line is under the price, there is an upward trend.

I think it could give more accurate trend forecast if used with other indicators. But i still don't have any idea about it.

You guys can check it out and give suggestion plz?

Thanks and Happy trading

 

hi mladen

maybe they can help me again

I have a 2 code for a trend MA

a)

Meta: Shortcode ( "TrendMA" ),

Subchart ( False );

Inputs:

Period ( 3, 1, 100 );

Variables:

avg, myavg, color;

avg = (( High + Low + High[1] + Low[1] + High[2] + Low[2] + High[3] + Low[3] + High[4] + Low[4] ) / 10 );

myavg = AVERAGE ( avg, Period );

If myavg > myavg[1] then color = DarkGreen

Else

If myavg <= myavg[1] then color = Red;

DrawLine ( myavg, "Trend", StyleSolid, 2, color, color );

b)

meta: subchart(false);

inputs:

Period ( 20 );

variables:

myma, mycolor;

myma = averagefc(close,Period);

if myma > myma[1] then mycolor = darkgreen

else

mycolor = red;

drawline(myma,"ma",stylesolid,1,mycolor,mycolor)

would be great if you want to a Mt 4 - could make indicators

nice greetings from Germany

mahatma

 
mahatma:
hi mladen

maybe they can help me again

I have a 2 code for a trend MA

a)

Meta: Shortcode ( "TrendMA" ),

Subchart ( False );

Inputs:

Period ( 3, 1, 100 );

Variables:

avg, myavg, color;

avg = (( High + Low + High[1] + Low[1] + High[2] + Low[2] + High[3] + Low[3] + High[4] + Low[4] ) / 10 );

myavg = AVERAGE ( avg, Period );

If myavg > myavg[1] then color = DarkGreen

Else

If myavg <= myavg[1] then color = Red;

DrawLine ( myavg, "Trend", StyleSolid, 2, color, color );

b)

meta: subchart(false);

inputs:

Period ( 20 );

variables:

myma, mycolor;

myma = averagefc(close,Period);

if myma > myma[1] then mycolor = darkgreen

else

mycolor = red;

drawline(myma,"ma",stylesolid,1,mycolor,mycolor)

would be great if you want to a Mt 4 - could make indicators

nice greetings from Germany

mahatma

mahatma

Code for a) is a simple sma(sma(4,median price),3)

The b) is lacking "averagefc" definition

 

Pinkish Trend indicator pinkishtrend.ex4

Files:
 

Megatrend sitelite indicator megatrend_sitelite.mq4

 

Non-repainting version of fortitudo trend fortitudo_trend.mq4

Files:
ft.gif  25 kb
 

Bar trend indicator bar_trend.ex4

Files:
bar_trend.ex4  4 kb
bar_trend.gif  30 kb
 
vehatde:
I find this indicator that gives the trend signal for currency pairs. It's free and no repaint.

To me, it's easy and simple to use. No complicated figures and lines. If the indicator is above the price (Red line), there is a downward trend. If you see the blue line is under the price, there is an upward trend.

I think it could give more accurate trend forecast if used with other indicators. But i still don't have any idea about it.

You guys can check it out and give suggestion plz?

Thanks and Happy trading

Where did you find this indicator? Could you share it?