Matheba

# Matheba

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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 (Hatela Karolelano) 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.

Keletso ho di-parameter:

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

likhothaletso:

• 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.

Dots is a Metatrader 4 (MT4) gage le mozindo ya forex gage ke ho fetola bokeletseng histori ya data.

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

Thehiloeng ho tlhahisoleseding ena, bahoebi ka nahana ka ho eketsehileng theko metsamao ya mmele le fetola ba bona ba leano ka ho loketseng.

How to install Dots.mq4?

• Copy Dots.mq4 to your Metatrader Directory / litsebi li / matshwao a /
• Qala kapa restart hao Metatrader Client
• , Kgetha Chate le Timeframe moo o batla ho leke hao gage
• Search “Custom Indicators” ya hao Navigator boholo tloha ya hao Metatrader Client
• Right click on Dots.mq4
• Hokela ho chate e
• Ho fetoloa di-setting kapa tobetsa ok,
• Indicator Dots.mq4 is available on your Chart