- June 12, 2019
- Posted by: Forex Wiki Team
- Category: Free Forex Indicators
Only for extra of your exams you may also strive the indicator I posted earlier.
- (for Lengthy) Shut below LowerBand1
- Histogram adjustments coloration from darkish crimson to gentle crimson
- Entry above the excessive of the earlier bar
- Trailingstop on Decrease-Band1 or Band2
This "smLazyTMA Bands" is a TMA model during which as an alternative of ATR the usual deviation is used.
The multipliers are the mathematical 1,2,3,4 sequences.
The indicator "smSmallWick AvgSlopeLog" is:
logarithm of the slope of the transferring common.
Transferring common: SMA, 3, shift 1, on typical value (pivot).
Necessary is that the change of the histograms colours present a change of the second by-product of the slope.
The filter issue is the treshold on the sorted values of the slope values.
The present variations are posted right here, particularly if I discover bugs within the code ...
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