Ai 3D Bars Reversal

Brief Description

3D Bars Oscillator is an innovative MetaTrader 5 indicator that provides a unique three-dimensional view of market trend dynamics using advanced Renko and smoothing algorithms.

Key Features

• Visualization Technology: Three-dimensional representation of market trend
• Adaptive Algorithm: Trend calculation based on Renko blocks
• Flexible Configuration: Full control over indicator parameters

Technical Specifications

• Version: 1.00
• Indicator Type: Separate window
• Compatibility: MetaTrader 5

Input Parameters

1. TrendPeriod (400): Basic trend calculation period
2. SmoothPeriod (3): Cluster smoothing period
3. RenkoBoxSize (500): Renko block size
4. ShowAlerts (False): Enable/disable alerts

Indicator Buffers

• Main Buffer: Current trend
• Upper Buffer: Overbought boundary
• Lower Buffer: Oversold boundary

Functionality

• Dynamic trend calculation using Renko technology
• Automatic value smoothing
• Optional overbought/oversold alerts

Working Algorithm

1. Trend calculation based on price movement
2. Trend direction determination (upward/downward)
3. Value smoothing to reduce market noise
4. Trend visualization in a separate window

Advantages

• Reduction of short-term market fluctuations impact
• Quick trend change detection
• Customizable parameters for individual trading strategy

Signals

• Overbought: Value >= 800
• Oversold: Value <= -800

Usage Recommendations

• Use in conjunction with other indicators and analysis methods
• Adjust parameters for specific financial instruments
• Apply with caution and understanding of market risks

System Requirements

• MetaTrader 5
• Minimum terminal version: 5.0
• Compatible with all financial instruments

License and Support

Article source: https://www.mql5.com/ru/articles/16555 © Copyright 2024. All rights reserved.

Attention: The indicator is a technical analysis tool. It does not guarantee profitable trades. Trading in financial markets involves risks.