Two Rivers Alert - indicator for MetaTrader 5 Two Rivers uses two iMA (Moving Average, MA) indicators in its calculations - one is calculated at High prices, and the second at Low prices. We will call these indicators iMA High and iMA Low, respectively. The signal comes only if the minimum bar price is lower than the iMA Low indicator, and the maximum bar price is higher than the iMA High indicator: bullish bar - an ...
Table of contents IntroductionTask statement and application prototypeImplementing a strategy builder for testingDemonstration and example of strategy builder operationConclusion In the previous article, we considered application of Merill patterns to various data, such as to a price value on a currency symbol chart and values of standard MetaTrader 5 indicators: ATR, ...
Updated ZScore indicator with signal line ---------- ZScore_v1.2 600+ indicator was created for Premium Trading Forum. This is the updated ZScore indicator with the signal line. ---------- You need to subscribe to Premium Trading Forum to read and to download.
Cycles select the best November stock recommendations. For the month of November, this concept is applied. First, the Dow Jones 30 stocks were ranked from the best performer to the worst by calculating the percent of Octobers in which the stock rose in that month. The top 15 were screened in the following manner. If the weekly cycle pointed up, the stock is considered a buy. In order to qualify, the weekly cycle had to rise for at least ...
Trading the trend - indicator for MetaTrader 5 This one is based on "Trading the Trend" article by Andrew Abraham published in TASC and has optimized critical parts that could cause slowdown (especially when called using iCustom() calls - that is one of the reasons why the display type is not adjusted automatically but from the parameters).
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