Mouteki Calculator | Foreign Exchange EA Download- MT4/MT5 Resources
Hello everyone,
Well, I don't know if this will be very useful to some of you, but, I like to draw my mouteki lines myself. However, I use a spreadsheet to calculate my TP, SL, etc. Well, I decided to create an EA to calculate these values for you. This is an informational rather than a trading EA. The following are the values used:
Line_Type: Use "Demand", "D", or "Down" as valid types. Everything else will be considered a supply line.
Intersection Point: This is the value of the vertical high/low line that intersects the demand or supply line.
MaxOrMin: This is the highest or lowest price reached in a demand or supply line scenario.
Key_Open: This is the opening price above or below the demand line or supply line.
Enjoy.
stockwaite
Well, I don't know if this will be very useful to some of you, but, I like to draw my mouteki lines myself. However, I use a spreadsheet to calculate my TP, SL, etc. Well, I decided to create an EA to calculate these values for you. This is an informational rather than a trading EA. The following are the values used:
Line_Type: Use "Demand", "D", or "Down" as valid types. Everything else will be considered a supply line.
Intersection Point: This is the value of the vertical high/low line that intersects the demand or supply line.
MaxOrMin: This is the highest or lowest price reached in a demand or supply line scenario.
Key_Open: This is the opening price above or below the demand line or supply line.
Enjoy.
stockwaite
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