The logic is quite simple and based on the alternation of narrow and wide ranges. Draw the indicator in the following way:
- The histogram of the range of each candlestick (high – low).
- The line of average value of the range.
- The histogram of candlesticks body (abs(close – open)).
- The line of the average value of candlesticks body.
If there are several candlesticks in a row and both the range and the body size are less than their average value, so the next bar with the extended range is expected. Besides, if we have a series of candlesticks with the range and body size less than average and these candlesticks are located on the same price level, then a strong single directed movement is expected.
MT5 egosi – Download Ntuziaka
WideRangePredictor is a Metatrader 5 (MT5) egosi na ọdịdị zuru oke nke Forex egosi bụ ịgbanwe akwakọba akụkọ ihe mere eme data.
WideRangePredictor provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Dabere na nke a ọmụma, ahịa pụrụ iche n'ihu price ije na ịgbanwe ha atụmatụ ya.
How to install WideRangePredictor.mq5?
- Download WideRangePredictor.mq5
- Copy WideRangePredictor.mq5 to your Metatrader Directory / ọkachamara / egosi /
- Malite ma ọ bụ Malitegharịa ekwentị gị Metatrader 5 Client
- Họrọ Chart na timeframe ebe ị chọrọ iji nwalee gị egosi
- Search “Omenala Indicators” gị akwọ ụgbọ mmiri na-akasị hapụrụ gị Metatrader 5 Client
- Right click on WideRangePredictor.mq5
- Gbakwunye ka a chaatị
- Gbanwee ntọala ma ọ bụ pịa OK
- Indicator WideRangePredictor.mq5 is available on your Chart
How to remove WideRangePredictor.mq5 from your Metatrader 5 Chart?
- Họrọ Chart ebe bụ egosi na-agba ọsọ gị Metatrader Client
- Right pịa n'ime Chart
- “Indicators ndepụta”
- Họrọ egosi na ihichapụ
Pịa ebe a n'okpuru ibudata MT5 egosi: