#indicator for mt4

[nlvxexchange]

Reversal Fractals Indicator for MT4

Reversal Fractals Indicator for MT4

Whether you stand out as a beginner or an experienced trader, you have probably come across the reversal fractals indicator for MT4. This is an indicator that is able to tell you when a trend is about to reverse. It also has the capability to give you a reliable signal when you are about to make a profit. Fractal patterns exhibit the properties of being recursive and self-similar During the…

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Running Median Indicator for MT4

Running Median Indicator for MT4

Description: This indicator computes the median of odd span. The median is described as the numerical value separating the higher half of a sample, or a probability distribution, from the lower half. It is often considered as one of the most robust smoothing operator in the presence of outlier values, and particularly more robust than the mean. Calculation of medians is a popular technique in summary statistics and summarizing statistical data. A very nice property of the median is that the distance between the median and the mean is bounded by one standard deviation. The median is also a non-lagging operator. The paradox is that it is almost impossible to find the median indicator in trading softwares. Moreover, straightforward implementations rely on array sorts, which is a very slow operation that does not scale up to long timeseries. Running median operator which is incremental and therefore very fast. It is under the GNU public license. https://rapidshare.com/files/2950413..._Indicator.png https://rapidshare.com/files/3989651664/RunMedian.mq4

http://forexbuffalo.com/showthread.php/54-Running-Median-Indicator-for-MT4