From Elder to the present day, traders make trading decisions analyzing charts at different timeframes. I think, many of you are familiar with the situation when objects that display global trends are applied to higher timeframe charts. After that, a price behavior is analyzed near objects on lower timeframes. During such an analysis, previously created objects may change. Existing MetaTrader 5 tools allow performing this work on a single chart by changing ...
MultiBrainTrend2_V2_x10 - indicator for MetaTrader 5 [QUOTE]Indicator MultiBrainTrend2_V2_x10 displays information about the current trends, using the colors of the indicator BrainTrend2_V2 with ten different timeframes. Each indicator corresponds to one of ten lines of the indicator. The colors of lines and color points are uniquely determined by the color of the candles of the initial indicator. Color points on the lines appear ...
Contents IntroductionDeveloping the graphical interfaceMulti-symbol EA for testsWriting data to fileExtracting data from fileDisplaying data on the graphsDisplaying the obtained resultsMulti-symbol balance graph during trading and testsVisualizing reports from the Signals serviceConclusion In one of the previous articles, we considered visualization of multi-symbol balance graphs. Since then, a lot of ...
The bearish move in the British Pound has continued into another week. After displaying a semblance of support around the key level of 1.3500 in the first couple of weeks of May, GBP/USD posed a downside break at the start of last week to continue the move, and with a heavy outlay of UK data on the calendar, the potential for a deeper bearish move was there. At this point, we've seen a bit of support show-up in a familiar area. The zone ...
Rocket RSI - indicator for MetaTrader 5 As described in the May 2018 edition of Technical Analysis of Stocks & Commodities by John F. Ehlers. This indicators is an enhancement to the traditional RSI for detecting cyclical reverses. How to use this indicator in practice: If the indicator spikes below -2, this shows a high probability of a bullish reversal and is therefore ...
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