Indicator FineTuningMACandle_Chl_Arr that additionally indicates the trend strength with coloured dots, based on the standard deviation algorithm.

If the standard deviation of the FineTuningMACandle_Chl_Arr centerline is between the values of parameters dK1 and dK2, then a small coloured dot appears on the moving average. Its colour is relevant to the current trend direction.

input double dK1=1.5;  // Square-law filter coefficient 1
input double dK2=2.5;  // Square-law filter coefficient 2

If the standard deviation becomes higher than the value of input dK2, then the dot increases in size. Thus, we get three levels of trend strength indicated.

1. Weak — no dots;
2. Medium — small coloured dots;
3. Strong — big coloured dots.

The initial indicator candle colour is passed by the signal line colour.

MT5 Indicators – Download Instructions

Fine Tuning MA Candle Chl Arr StDev MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

Fine Tuning MA Candle Chl Arr StDev MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

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How to install Fine Tuning MA Candle Chl Arr StDev MT5 Indicator.mq5 to your MetaTrader 5 Chart?

• Download Fine Tuning MA Candle Chl Arr StDev MT5 Indicator.mq5
• Copy Fine Tuning MA Candle Chl Arr StDev 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 Fine Tuning MA Candle Chl Arr StDev MT5 Indicator.mq5
• Attach to a chart
• Modify settings or press ok
• Indicator Fine Tuning MA Candle Chl Arr StDev MT5 Indicator.mq4 is available on your Chart

How to remove Fine Tuning MA Candle Chl Arr StDev 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

Fine Tuning MA Candle Chl Arr StDev MT5 Indicator (Free Download)

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La entrada Fine Tuning MA Candle Chl Arr StDev MT5 Indicator se publicó primero en ForexMT4Indicators.com.