Corrected Momentum Indicator for MT5

 

Installing the Corr momentum Indicator For MT5

After you downloaded the indicator via the form above you need to unzip the zip-file. Then you need to copy the file Corr_momentum.mq5 into the folder MQL5\Indicators of your MT5 installation. After that please restart MT5 and then you will be able to see the indicator in the list of indicators.

Parameters of the Corr momentum Indicator For MT5

The Corr momentum Indicator For MT5 has 13 parameters to configure.

input int        MomPeriod        = 32;          // Momentum period
input int        CorrectionPeriod =  0;          // Correction period (<0 no correction =0 same as momentum period)
input enPrices   Price            = pr_close;    // Price
input enColorOn  ColorOn          = chg_onLevel; // Color change on :
input int        LevelsPeriod     = 25;          // Levels period
input double     LevelsUp         = 90;          // Upper level %
input double     LevelsDown       = 10;          // Lower level %
input bool       AlertsOn         = false;       // Turn alerts on?
input bool       AlertsOnCurrent  = true;        // Alert on current bar?
input bool       AlertsMessage    = true;        // Display messageas on alerts?
input bool       AlertsSound      = false;       // Play sound on alerts?
input bool       AlertsEmail      = false;       // Send email on alerts?
input bool       AlertsNotify     = false;       // Send push notification on alerts?