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TrendLaboratory

The Dots indicator is based on an indicator developed by TrendLaboratory in 2006. The indicator shows current trend direction by placing colored dots on the main chart. Blue dots indicate an uptrend, red dots indicate a downtrend.

Although the indicator calculation is not based on standard MetaTrader platform indicators, it uses the iMA (akpụ akpụ Nkezi) function to get prices of a specified type (Open, Close, Maximum, Minimum, Typical etc.). The calculation is based on cosine of a price change angle. The user can set several input parameters.

Input kwa:

  • Length (ndabara = 10) — indicator period. The higher this value, the higher the time lag, and the fewer false signals are displayed.
  • AppliedPrice (by default = PRICE_CLOSE) — price type to use in calculations.
  • Filter (ndabara = 0) — useful parameter allowing to filter price surges without adding display lags.
  • ndiiche (ndabara = 0) — vertical indicator shift.
  • Mgbanwe (ndabara = 0) — horizontal indicator shift.

Aro:

  • Recommended strategy is to wait for 2 identical dots and open positions by trend. Unfortunately, sometimes it fails. A suitable alternative would be to use one dot as a signal with Filter parameter set as Spread x 3.

MT4 Indicators – Download Ntuziaka

Dots is a Metatrader 4 (MT4) egosi na ọdịdị zuru oke nke Forex egosi bụ ịgbanwe akwakọba akụkọ ihe mere eme data.

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

Dabere na nke a ọmụma, ahịa pụrụ iche n'ihu price ije na ịgbanwe ha atụmatụ ya.

How to install Dots.mq4?

  • Download Dots.mq4
  • Copy Dots.mq4 to your Metatrader Directory / ọkachamara / egosi /
  • Malite ma ọ bụ Malitegharịa ekwentị gị Metatrader Client
  • Họrọ Chart na timeframe ebe ị chọrọ iji nwalee gị egosi
  • Search “Omenala Indicators” gị akwọ ụgbọ mmiri na-akasị hapụrụ gị Metatrader Client
  • Right click on Dots.mq4
  • Gbakwunye ka a chaatị
  • Gbanwee ntọala ma ọ bụ pịa OK
  • Indicator Dots.mq4 is available on your Chart

How to remove Dots.mq4 from your Metatrader 4 Chart?

  • Họrọ Chart ebe bụ egosi na-agba ọsọ gị Metatrader Client
  • Right pịa n'ime Chart
  • “Indicators ndepụta”
  • Họrọ egosi na ihichapụ
XM-mba-nkwụnye ego-bonus

MT4 Indicators Download n'okpuru:

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