EF distance

EF distance

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Another variation on Moving Averages…

Indicator input parameters:

//+-----------------------------------+
//|INDICATOR INPUT PARAMETERS         |
//+-----------------------------------+
input int Length=10; //the depth of smoothing                    
input double Power=2.0; //the degree of averaging
input Applied_price_ IPC=PRICE_CLOSE;//price constant
/* , on which the indicator calculations performed ( 1-CLOSE, 2-OPEN, 3-HIGH, 4-LOW, 
  5-MEDIAN, 6-TYPICAL, 7-WEIGHTED, 8-SIMPL, 9-QUARTER, 10-TRENDFOLLOW, 11-0.5 * TRENDFOLLOW.) */
input int Shift=0; // horizontal shift of the indicator in bars
input int PriceShift=0; // vertical shift of the indicator in points

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 18.09.2008.

 

MT5 Indicator – Download Instructions

EF distance is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

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

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install EF distance.mq5?

  • Download EF distance.mq5
  • Copy EF distance.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on EF distance.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator EF distance.mq5 is available on your Chart

How to remove EF distance.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:

EF distance

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