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Curver Arrows

3.75

This indicator is a straight port of a well known MetaTrader 4 indicator that is freely available on the Internet. It does not redraw at all. It implements a type of breakout strategy. The arrows indicate market direction. Use the indicator on M15 charts and higher. The indicator draws two bands near price action and generates signals when the price closes below the lower band and also above the upper band. The indicator uses periodic highs and lows to calculate upper and lower threshold bands. No moving average is used.


Indicator parameters:

  • SSP = sets the number of bars back from which the highest high and the lowest low will be selected for calculating the upper and lower bands.
  • SkyCh = this parameter takes integer values higer than 0 . It regulates the amplitude of the bands and has an inverse relationship to the magnitude of amplitude. The lower the value, the higher the amplitude (the more far apart the upper and lower bands will be) and generates less signals.
  • SetSignalAlert = takes true or false value and sets the visual alert on or off.
  • SendEmailNotificationOnSignal = takes true or false value and sets email alerts on or off.
  • PlaysoundOnAlert = takes true or false value and sets sound alerts on or off.
Reviews 5
xlxAxlx
1463
xlxAxlx 2022.03.04 05:00 
 

Thanks...

hamid9723
158
hamid9723 2022.09.10 12:19 
 

good indicator but has coding problem fix it plz or share the mq5 file so someone else can fix it tnx a lot

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Francis Dube
4 (2)
The Commodity Channel Index computes the deviation of the typical price of each bar from the average price over a particular time period. Multiplying the median deviation by 0.015 facilitates normalization, which makes all deviations below the first standard deviation less than  -100, and all deviations above the first standard deviation more than 100. This adaptive version is based on the indicator described by John Ehlers, in the book Rocket Science for traders. The indicator uses the homodyne
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hamid9723
158
hamid9723 2022.09.10 12:19 
 

good indicator but has coding problem fix it plz or share the mq5 file so someone else can fix it tnx a lot

xlxAxlx
1463
xlxAxlx 2022.03.04 05:00 
 

Thanks...

Rogerio1985
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Rogerio1985 2021.05.19 21:15 
 

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sunnychow
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sunnychow 2019.01.12 16:00 
 

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Gennadiy Voltornist
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Gennadiy Voltornist 2017.11.30 21:55 
 

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Daniel Andrejczuk
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Daniel Andrejczuk 2017.11.09 02:47 
 

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Nork
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Nork 2016.03.31 10:18 
 

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Rodrigo da Silva Boa
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Rodrigo da Silva Boa 2016.01.04 07:33 
 

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Vadim Strelkov
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Vadim Strelkov 2014.07.02 13:27 
 

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Reply to review
Version 1.7 2020.07.19
Fixes buy related to data available on chart.
Version 1.5 2015.06.10
Bug fix.
Version 1.4 2015.03.31
Optimized the code, the algorithm now consumes less computer resources and therefore is calculated faster.
Version 1.3 2014.11.11
Fixed issue related to there not being enough bars for the indicator calculation.
Version 1.2 2014.08.12
Added visual alert with sound option, and also email notification for each buy and sell signal produced by indicator.
Version 1.1 2014.07.23
Fixed issue that caused signals to appear before the indicator began drawing.