Dots

Dots

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

Tsis input:

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

Recommendations:

  • 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.

Indicators, As MT4 – Download tau cov lus qhia

Dots is a Metatrader 4 (MT4) qhov taw qhia thiab cov essence ntawm tus forex cim yog txia ua cov ntaub ntawv keeb kwm accumulated.

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

Raws li cov lus qhia no, traders muaj kev pov plob ntxiv nqe zog kom lawv zoo kho kom haum.

How to install Dots.mq4?

  • Download Dots.mq4
  • Copy Dots.mq4 to your Metatrader Directory / ntawm cov kws txawj / indicators, As /
  • Updated 10/22/07/f.Triplett koj Metatrader neeg pib lossis kev pab
  • Xaiv tau daim ntawv thiab Timeframe uas koj xav sim qhia tau rau koj
  • Nrhiav “Kev cai indicators, As” hauv koj Navigator feem coob nyob hauv koj tus Metatrader Client
  • Right click on Dots.mq4
  • Rhais cov nplooj ntawv rau ib daim ntawv
  • Hloov chaw los yog nias tau
  • Indicator Dots.mq4 is available on your Chart

How to remove Dots.mq4 from your Metatrader 4 Daim ntawv?

  • Xaiv tau daim qauv uas qhia tau rau tus khiav khiav hauv koj tus Metatrader Client
  • Txoj nyem rau hauv daim qauv
  • “Daim ntawv teev indicators, As”
  • Xaiv tus cim thiab rho tawm
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