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EasyTakeProfit Expert Advisor - a tool for setting goals

EasyTakeProfit Expert Advisor - a tool for setting goals

September 29, 2022

There is an opinion that finding an exit point is much more difficult than an entry point. It i

CandleCountdown - candle closing time indicator

CandleCountdown - candle closing time indicator

September 26, 2022

Technical indicators are divided into main and auxiliary. Auxiliary indicators are information

Why trading patterns don't work

Why trading patterns don't work

September 26, 2022

Pattern trading theory suggests that candlestick formations have a psychological basis. For exa

  • Window Measurement: Determines the variety of latest value observations for use to suit the Nadaraya-Watson Estimator.¬†
  • Bandwidth: Controls the diploma of smoothness of the¬†envelopes¬†, with larger values returning smoother outcomes.¬†
  • Mult: Controls the¬†envelope¬†width.¬†
  • Src: Enter supply of the indicator.¬†

We are able to anticipate the value to reverse when crossing one of many envelope extremities. Crosses between the value and the envelopes extremities are indicated with triangles on the chart. 

For real-time purposes, triangles are all the time displayed when a cross happens and stay displayed on the location it first appeared even when the cross is not seen after a recalculation of the envelope . 

As per standard demand we now have built-in alerts for this indicator from the crosses between the value and the envelope extremities. Nevertheless, we don’t suggest this device for use alone or solely for actual time purposes. We don’t have information supporting the efficiency of this device over extra classical bands/envelope/channels indicators.

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Constructed for MT4

Key Features of Algorithmic Trading Software

29 July 2022

1.0

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