This article will present a new technical trading tool, which is one of the most useful and meaningful tools that can help us to trade better and understand the market movement. Because one of the most useful features of technical indicators is that they can show us what prices can't show and this will be based on the calculation for every indicator, one of these useful indicators is the average directional index (ADX) indicator. We will learn this indicator ...
This article presents some ideas related to the most popular and comprehensible indicator — the Moving Average (МА). Each indicator will use one or several Moving Averages and sometimes also ATR for defining a distance to arrows or drawing channel lines. more...
Good indicator was published on CodeBase together with the EA based on this indicator - ---------------- MA on Momentum - indicator for MetaTrader 5 Two lines - simple 'Momentum' indicator and 'Momentum' indicator smoothed with 'Moving Average' ---------------- MA on Momentum Min Profit - expert for MetaTrader 5 The EA trades on the signals of the custom indicator 'MA on Momentum' ...
Many workstations contain some representative image which shows something about the user. These images make the working environment more beautiful and inspiring, as people always try to choose the vest and most beautiful images to use as wallpaper. But when we open the trading platform, we see that it is somehow boring. All we have is the graphical representation of numerical data. more...
The other very interesting indicator coded by Mladen: multi_pair_psar_trend_2 indicator. The indicator (attached) is from the following MQL5 forum thread: https://www.mql5.com/en/forum/178416