Examples of using Indicator lines in English and their translations into Russian
{-}
-
Official
-
Colloquial
Mode- index of one of the indicator lines.
Shifting indicator lines horizontally and vertically.
The next lines describe colors of the indicator lines.
Shifting Indicator Lines Vertically and Horizontally.
Further for convenience we will call such drawings'indicator lines.
Mode- one of the indicator lines modes.
Indicator lines: MA(21)- red, MA(5)- blue, ROC- orange.
The signs that display indicator lines can be neither selected nor deleted.
Indicator lines are built upon average minimal and maximal values of N bars.
The analyzed custom indicator calculates 6 indicator lines in all.
In particular, indicator lines can be drawn in a separate window.
Starting the indicator you will see 6 indicator lines in a chart window.
Dotted indicator lines are shifted relative to the red line by 30 points.
Analogous calculations can be performed for an indicator lines built upon minimums.
In most cases indicator lines contain useful information only in the most recent history.
Before the indicator is attached to a chart, it does not reflect any indicator lines.
Two indicator lines in a security window, built by the indicator userindicator. mq4.
Depending on color settings and types of indicator lines they will be drawn in this or that style.
The indicator array Line_0[]contains values of the supporting MA, relative to which all other indicator lines are constructed.
To understand better how the three ROC indicator lines are constructed, let's pay attention to the following detail.
It was said earlier that indicator lines are constructed on the basis of numeric information contained in indicator arrays.
A trader can see some of them directly in the symbol window, for example,market price changes or crossed indicator lines.
Thus, according to the code of the special function init() both indicator lines will be drawn in the main security window.
Indicator lines of a technical indicator may be drawn both in the main chart window and in a separate window in the lower part of a security window.
Further, when new bars appear,new parts of indicator lines will be added in the right part, while the image in the left part will be preserved.
While i is within the range from the first uncounted bar(299) to the current one(0) inclusively,values of indicator array elements are calculated for both indicator lines.
The client terminal in its turn will draw all(in this case two) indicator lines in accordance with the calculated values of array elements.
The part of indicator lines built upon old bars(for example, 1 month old minute timeframe) can hardly be considered useful for making trade decisions.
It should be noted,that one can built a custom indicator, indicator lines of which would coincide with the lines of an analogous technical indicator.