JMACandleTrend - indicator for MetaTrader 5
Semaphore signal indicator triggering when the JMACandle candles change their direction.
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//| INDICATOR INPUTS |
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input Smooth_Method MA_Method1=MODE_JJMA; //smoothing method
input int Length1=30; //smoothing depth
input int Phase1=15; //smoothing parameter,
//---- for JJMA, changing within -100 ... +100, affects the transient process quality;
//---- For VIDIA this is CMO period, for AMA this is a slow average
input uint Gap=10; //not considered gap in points
input uint BuySymb=171; //Buy symbol
input uint SellSymb=171; //Sell symbol
To replace the values of the two last inputs, use the Wingdings font symbols table.
The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
Download link :JMACandleTrend
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