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Indicateurs

Volume weighted line chart with smoothing - indicateur pour MetaTrader 5

Conor Mcnamara
Vues:
4156
Note:
(5)
Publié:
2024.11.13 16:02
Télécharger au format ZIP, Comment télécharger du code à partir de MetaEditor
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A simple indicator to make a smoother line chart while also using tick volume to determine the market direction.

The basic idea is to give you the true direction of where the market is moving.

When compared to the line chart, you can see that it is ignoring short noisy market movements. Smoothing can be adjusted in the input.

Some graphical elements are added to emphasize the direction of the market.

It's not a great idea to be placing trades when the line goes horizontal.



simple mt5 trade copier simple mt5 trade copier

this is a copier template

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This indicator displays current events on the chart and allows you to export the calendar to archives for backtesting, automatically fixing time discrepancies between the history of bars and the history of events. This is an improved version of CalendarMonitorCached indicator from the algotrading book.

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A simple replacement for a comment. Works in the tester 50 times faster than the standard function.

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