Discipline – indicator for MetaTrader 4

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • Of course it has some inaccuracies, but they are 10% of 100%.

    Input Parameters:

    extern int period=10;
    extern int price=0; // 0 or other = (H+L)/2
                        // 1 = Open
                        // 2 = Close
                        // 3 = High
                        // 4 = Low
                        // 5 = (H+L+C)/3
                        // 6 = (O+C+H+L)/4
                        // 7 = (O+C)/2
    extern bool Mode_Fast=false;
    extern bool Signals  =true;


    Discipline

    The indicator was tested on:

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    • – timeframes: М15, H 1, H 4, Daily;
    • – currency pairs: EUR/USD, GBP/USD, USD/CHF, USD/JPY;

    The author citation about this indicator is published here.

  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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