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Karl Dittman indicartors for Metatrader

In this article we present five new indicators for Metatrader 4 designed by a famous and expert trader in the Forex market named Karl Dittman. These indicators are ​​available to any trader and can be used at their discretion. Fir each indicator we include a brief explanation and image showing how they look. At the end of this

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Keltner Channel Indicator for Metatrader

 

Indicator Parameters MA_Period (normal value = 10): It is the moving average period corresponding to the midline. Mode_MA (normal value = MODE_SMA): This mode is the moving average corresponding to the midline. Price_Type (normal value = PRICE_TYPICAL): The type of price used in calculating the moving average corresponding to the midline.  

The custom indicator Keltner

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Laguerre Indicator for Metatrader

 

Indicator Parameters gamma (normal value = 0.7): This parameter is the multiplier used in calculating the level lines. The higher this value more smoother will be the line of this indicator.  CountBars (normal value = 950): It represents the largest number of bars/candles that are used to calculate the Laguerre. It can be used with increasing values ​​unless you

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TzPivots Indicator for Metatrader

 

Indicator Parameters LocalTimeZone (normal value = 0): It is the server time zone of the Metatrader 4 o 5 platform  that we are using. For example, if the server is in the time zone of New York, we must change the parameter to -5. DestTimeZone (normal value = 0): The time zone of the trading session in which we

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Metatrader Indicator Based on Williams’ Chaos Theory

Recently we found an interesting indicator for Metatrader called ZoneTrade Indicator, based on an approach that integrates the indicators Acceleration/Deceleration and the Awesome oscillator in the Japanese candlestick charts. In this way it is easier to "trade in the zone."

Before using this indicator is desirable to obtain more knowledge about the indicators developed

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Detrended Price Oscillator indicator for Metatrader

Indicator Parameters MA_Period (normal value = 14): The period of the simple moving average displayed by the indicator in a separate window below the graph. BarsToCount (normal value = 400): It indicates how many bars or candles are used to calculate the indicator.

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Coppock Indicator for Metatrader

Indicator Parameters ROC1Period (normal value = 14): The  period of the first exchange rate of the sum. ROC2Period (normal value = 11): The period of the second exchange rate of the sum. MAPeriod (normal value = 10): The period of the moving average of the sum. MAType (present only in Metatrader 4) (normal value = 3 (WMA)): The type of

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BBMACD Indicator for Metatrader

  Indicator Parameters FastLoad (normal value = 12): The period of the fast moving average, ie the one with the shortest period. This moving average is used in the calculation of the indicator dots. SlowLen (normal value= 26): The period of the slow moving average, ie the one with the longest period. This moving average is used in the calculation

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