ATR arrow level - indicator for MetaTrader 5 The ATR arrow level indicator is a small modification of the standard iATR (Average True Range, ATR). The essence of his work: if the ATR indicator turns out to be less than the specified " ATR: level ", then the icon from the Wingdings font is displayed on such a bar above its maximum price (the character code is specified in " Code (fonts Wingdings) ").
Pan PrizMA Sin leverage 72 - indicator for MetaTrader 5 The indicator builds a sliding line based on interpolation by a polynomial of 4 degrees. The constructed line is extrapolated as a section of a given function by a sinusoid and its axial near the constant line_power = 2, or near the inclined straight line_power = 3 (redrawn to visualize the plot). From the built sinusoids and axial one value is removed on each bar and a line ...
ZigZag step market - expert for MetaTrader 5 The Expert Advisor works on a custom ZigZag Color indicator (this indicator is supplied with the terminal, the path to it is: MQL5 \ Indicators \ Examples \ ZigzagColor.mq5). Working on the current leg of indicator: if the knee directed downward - means every Step (or nearly every Step) SELL open position when the knee is directed upwards - is trying to open BUY position approximately ...
SAR and Pending order - expert for MetaTrader 5 The Expert Advisor trades on the iSAR indicator (Parabolic SAR, SAR) - if there is a signal, it immediately opens a position and additionally places a pending Limit order at an Indent distance from the current price. In this case, a pending order will not be placed until the current spread is MORE than the specified Allowable spread .
Existing candlestick analysis methods were analyzed in the previous article. We found out that they are not universal and are not suitable for all conditions. On the contrary, before using them, you should perform additional verification for the specific financial instrument, timeframe etc. I.e. for the conditions in which the patterns will be used. The specifically designed approach also enables the individual analysis of each pattern for a selected financial instrument or a set ...
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