_MasterSlaveFull - Indicator for MetaTrader 4
The indicator is developed to work in a trending market and in a flat. It is especially important to change the settings depending on the dynamics of the market when working with the robot.
This indicator has a somewhat complex algorithm, but it is more functional. MasterSlaveFull measures and regulates the volume of transactions, the trading range, and standard deviation for the selected time period (any TF can be chosen.) The window width is better to be more than the the period of adjustable indicator.
Here is a list of configured parameters for MasterSlaveFull:
- Source - its indicators will be used for volatility assessments. 0 - volume, 1 - ATR, 2 - standard deviation;
- Period - source period;
- Signal - period of a signal line;
- Window - width of the assessment window in bars;
- Sensitivity -in points. The value of > 0 filters the market noise.