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The indicator is shown in a histogram the Bull and Bears uptrend and downtrend uses a different way. You can set period of indicator and levels for trend.
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The code is based on indicator ZigZag which is in-built in MT9. I have changed it so that it isn t calculated on highest Highs and lowest Lows, but instead uses highest Close and lowest Close of chart price history. See attached chart for differences: ZigZag (red) versus ZigZagClose (yellow).
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The indicator is shown in a histogram the ADX uptrend and downtrend uses a different way. You can set period of indicator and bars count averages levels.
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The indicator is shown in a histogram the Stochastic uptrend and downtrend uses a different way. You can set period of indicator and levels for trend.
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Indicator that displays the strength of each of the 8 major currencies (USD, EUR, GBP, CHF, AUD, CAD, JPY and NZD) based on the moving average trend of all 78 pairs that they are part of.
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