The system works very well, and for sure many of the readers might have thought about creating a library, which would allow having extended functionality in the proposed system. Based on this, it would be possible to develop a more intuitive Expert Advisor with a nicer and easier to use interface.[/QUOTE] ---------------- Multiple indicators on one chart (Part 02): First experimentsMultiple indicators on one chart (Part 01): Understanding the conceptsMultiple indicators on one chart (Part 03): ...
MA or Price Histogram - indicator for MetaTrader 5 Two iMA (Moving Average, MA) indicators ('Fast' and 'Sloe') are displayed in the main window. You can turn on/off the display of informational Labels - they show the price of two indicators, "Fast' and 'Slow'.
There are a lot of people who do not know how to program but they are quite creative and have great ideas. However, the lack of programming knowledge prevents them from implementing these ideas. Today we will create our own Chart Trade interface to send market orders or to set up parameters used in pending orders. We will do this without programming, just using the functions that will be inside the Expert Advisor. We are curious, so let's see how it will look ...
Constant Range Channel - indicator for MetaTrader 5 and for Metatrader 4 Metatrader 5 - Metatrader 4 - This is a very simple indicator. It plots a channel with a constant range of twice the step-size parameter value. The range is broken when the low quote price breaks the upper level, or when the high quote price breaks the lower level of the channel’s range. The ...
In this new article, we will talk about a new concept in trading that we have to measure and know how to use it. This concept is volatility. Many tools can be used to measure the volatility and from these tools, one of the most popular tools is the Average True Range (ATR) technical indicator. When you know how the volatility is going, this can be changing the game like what we will see in this article as it will be one of the important factors ...