Dots

Dots

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Real author:

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 (movens mediocris) function to get prices of a specified type (Open, prope, Maximum, Minimum, Typical etc.). The calculation is based on cosine of a price change angle. The user can set several input parameters.

Morbi Input:

  • Length (per default = 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 (per default = 0) — useful parameter allowing to filter price surges without adding display lags.
  • deviationem (per default = 0) — vertical indicator shift.
  • shift (per default = 0) — horizontal indicator shift.

suasiones:

  • 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 Instructions

Dots is a Metatrader 4 (MT4) et essentia est transformare signum forex indicator historiae notitia congesta.

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

Fundatur in hoc notitia, adjust motus et mensuram velocitatis negotiatoribus adhuc consilio rem secundum pretium.

How to install Dots.mq4?

  • Download Dots.mq4
  • Copy Dots.mq4 to your Metatrader Directory / peritorum / Indicatores /
  • Aut Start sileo vestri Metatrader Client
  • Select Chart et Timeframe ubi vis ut cognoscam experimentum vestrum indicator
  • Quaerere “Consuetudo Indicators” plerumque in Navigator remanserit in Metatrader Client
  • Right click on Dots.mq4
  • Suggero ut a chart
  • Temperare occasus aut press ok
  • Indicator Dots.mq4 is available on your Chart

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

  • Lego Chart ubi est illud Indicis cursor in vestri Metatrader Client
  • Vox click in Chartam
  • “Indicatores album”
  • Lego quod delete Indicis
xm-no-depositum bonus,

Download infra MT4 Indicators:

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