Wednesday, June 14, 2017

Trend and correction indicator

Trend and correction indicator


This indicator is a strong trend of the currency pair at a specified number of bars, and is a correction to this trend. If the trend is strong enough, and the correction becomes equal to the set in the parameters, the display indicates this. You can set different values ​​for correction, better suited values ​​38, 50 and 62 (Fibonacci). Additionally, you can set the minimum length of the trend, the number of bars to find stories and other parameters.




Options



  • History - the number of bars to determine the trend and correction;

  • MinPriceDistance - trend minimum distance in units of the currency pairs;

  • CorrectionPercent - correction percentage (recommended from 0 to 62);

  • OnlyTouchingLine - enabling or disabling the option at which the signal appears only during a touch and rebound of correction lines;

  • EnableAlert - Enable or disable the notification windows;

  • UpColor - the color of the lower levels;

  • DownColor - the color of the upper levels.


If you want to get automatic trading for this indicator, you can use the Advisor Trend and correction expert:


https://www.mql5.com/ru/market/product/22938


Trend and correction indicator

Related posts




  • Quantum US Dollar Index Indicator


    Quantum US Dollar Index Indicator I would not want to state the obvious, but the US dollar - is the most important currency for traders, and not only on...




  • Dynamic trend matrix


    Dynamic trend matrix New dynamic trend indicator matrix analyzes the current development price strength of the movement, its speed and acceleration. On...




  • Dual MA Stick


    Dual MA Stick Dual MA Stick - based on the Heiken Ashi indicator. Indicator original method calculates two values. The trend is defined as follows: If...




Next posts


No comments:

Post a Comment

StrikeFx

StrikeFx StrikeFx - multi martingeylovy new generation Advisor. This advisor we gave up a grid with a fixed distance between the orders. Th...