MetaTrader 5
Experts
지표
스크립트
라이브러리
보관함당사 팬 페이지에 가입하십시오
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Theory :
The indicator is calculating a smoother value of momentum ratio (current value compare to previous value) using a series of ema calculations for smoothing. The result is a bit similar to some already existing indicators (like the volume zone or price zone oscillators), but that comes from the usage of the ema for smoothing (ema produces that "smooth step like" results when the values change suddenly) - the math used for those is completely different.
Usage :
In this version you can use either color changes or levels crosses (since the indicator is bound to 0 to 1 range) as signals
The "big picture" example :
Highest high & lowest low support resistance
Highest high & lowest low support resistance
RSI divergence candles
RSI divergence candles
Trade signal based on simple Bollinger bands
This is the trading signal of Bollinger Bands. The expert code for this strategy is automatically generated by the MQL 5 wizard.
EMA variation
Exponential moving average variation