Compare Prices MT5 Indicator
By Sun, 08 Aug 2021

Indicator Compare Prices uses a non-standard price with a logarithmic calculation.

It displays two lines: the initial Close price (green) and the one calculated based on the algorithm (red).

It has one input parameter:

  • Prices shift – price shift for logarithm calculation.

Calculations:

MainPrice = Close
LogPrice = Close / (1.0+LOG10(ShiftClose / Close)

where:

LOG10 – logarithm to base 10
ShiftClose – Close Prices shift bars back

MT5 Indicators – Download Instructions

Compare Prices MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

Compare Prices MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT5 Strategies

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How to install Compare Prices MT5 Indicator.mq5 to your MetaTrader 5 Chart?

  • Download Compare Prices MT5 Indicator.mq5
  • Copy Compare Prices MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your mt5 indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on Compare Prices MT5 Indicator.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Compare Prices MT5 Indicator.mq4 is available on your Chart

How to remove Compare Prices MT5 Indicator.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader 5 Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Compare Prices MT5 Indicator (Free Download)

Click here below to download:



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La entrada Compare Prices MT5 Indicator se publicó primero en ForexMT4Indicators.com.