TAT (Trend Analyzer Tool) – indicator, conversion code mq5 to prorealtime
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Good day,
This is a mq5 file. Hope you can help. All credits to the original developer.
As per site:
” The indicator is similar to the standard MACD, but is calculated using both MACD and SAR, which enables it to generate confident signals in trend areas. Overbought/oversold levels allow tracking trend reversals or rollback. The indicator showed good results on higher timeframes, H1 and above.
It has ten input parameters:
- MACD Fast EMA period – period of MACD’s fast EMA;
- MACD Slow EMA period – period of MACD’s slow EMA;
- MACD Signal MA period – period of MACD’s signal line;
- SAR step – the step parameter of the standard SAR;
- SAR max – the max parameter of the standard SAR;
- MACD multiplier – MACD multiplier parameter;
- SAR multiplier – SAR multiplier parameter;
- TAT Signal period – indicator’s signal line period;
- TAT overbought – overbought level;
- TAT oversold – oversold level.
The MACD multiplier and SAR multiplier define the influence of these indicators on the final calculation.
Regards,
Segie
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Topic Details
| Forum: | ProBuilder: Indicators & Custom Tools |
| Language: | English |
| Started: | 05/18/2018 |
| Status: | Active |
| Attachments: | 1 files |
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