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- 2020.03.18 17:18
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Backround:
In “The Stochastic MACD Oscillator” of November 2019 issue of TASC, author Vitali Apirine introduces a new indicator created by combining the stochastic oscillator and the MACD. He describes the new indicator as a momentum oscillator and explains that it allows the trader to define overbought and oversold levels similar to the classic stochastic but based on the MACD.
This is the metatrader 4 version of that indicator. Metatrader 5 version can be found here : Stochastic MACD
![Tether Line Indicator](https://c.mql5.com/i/code/indicator.png)
Best Direction Indicator. Red Line means the market UP. Blue Line means the market Down.
![Arrow and Smile](https://c.mql5.com/i/code/indicator.png)
Arrow for input and Smile for output.
![MA based Currency Strength Indicator](https://c.mql5.com/i/code/indicator.png)
Indicator that displays the "strength" of each of the 8 major currencies (USD, EUR, GBP, CHF, AUD, CAD, JPY and NZD) based on the moving average trend of all 28 pairs that they are part of.
![Tick Chart in MQL4](https://c.mql5.com/i/code/indicator.png)
This will create an offline chart for the ticks.