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Metatrader 5 variant of the famous Andre Machado’s Tabajara index. in case you don’t understand Andre Machado’s Technical Analysis work you don’t need this
indicator…

for those who need it and for those many friend dealers who asked this porting from other programs, here it’s…

  • 8-period Moving Average
  • 20-period Moving Average
  • 50-period Moving Average
  • 200-period Moving Average
  • Colored candles according to the inflexion of the 20-period MA

SETTINGS

  • you can change the Period of MA’s.
  • You can change the colour, width and style of MA’s.
  • You can change the color of the candles.

RECOMMENDATION

Before applying the indicator, prepare your layout with the base color for your candles. Only the candles affected by the rules of the
methodology will change colors, the rest will remain with the colors set by the layout properties (right-click on the chart and
choose PROPERTIES > COLORS).

If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)…¬†¬†¬†

This will mean A LOT to me… And this way I can continue to give away Cool Stuff for Free…

With No Strings Attached!  Ever!

Live Long and Prosper!

ūüėČ

Read More...

  • you can change the Period of MA’s.
  • You can change the colour, width and style of MA’s.
  • You can change the color of the candles.

RECOMMENDATION

Before applying the indicator, prepare your layout with the base color for your candles. Only the candles affected by the rules of the
methodology will change colors, the rest will remain with the colors set by the layout properties (right-click on the chart and
choose PROPERTIES > COLORS).

If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)…¬†¬†¬†

This will mean A LOT to me… And this way I can continue to give away Cool Stuff for Free…

With No Strings Attached!  Ever!

Live Long and Prosper!

ūüėČ

Before applying the indicator, prepare your layout with the base color for your candles. Only the candles affected by the rules of the
methodology will change colors, the rest will remain with the colors set by the layout properties (right-click on the chart and
choose PROPERTIES > COLORS).

If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)…¬†¬†¬†

This will mean A LOT to me… And this way I can continue to give away Cool Stuff for Free…

With No Strings Attached!  Ever!

Live Long and Prosper!

Our Useful Features & Services

Published

13 February 2019

Updated

06 June 2020

Current Version

1.2

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Detleff B√∂hmer January 12, 2021 6:43 pm
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Dieser Indikator liefert sehr gute Ergebnisse, danke Flavio.
Was hier nur noch fehlt , Alert-Funktion.

Cleverson Santos January 12, 2021 6:43 pm
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Congratulations!!!

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