DislikedHello friends! Ive found this indicator on MQL Codebase. It generates precise buy/sell signals and looks somehow promising imho. If add some filters, it might be rather useful, I believe, but I cant actually understand what logic does it use. Maybe experienced coders could look at the source code of the indi and kindly explain what rules does it follow to generate signals? Thanks in advance! .mq4 file is attached. {file}Ignored
Attached is the same indicator with the moving averages plotted, as well as the addition of price indicators, to illustrate the price you may have entered on when the indicator signals. The Ask price on history is calculated using the current spread.
Attached File(s)
JJN-Nugget.mq4
15 KB
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377 downloads