Signal trading indicator Consensus of Five
Signal trading indicator Consensus of Five for the MetaTrader 5 terminal is based on the readings of five indicators:
- ADX;
- DMI;
- CCI;
- MACD;
- Stochastic.
To generate signals, you can use all indicators or include only those needed by the trader.
The directions of the indicators DMI, CCI, MACD and Stochastic (or only selected from them) must coincide to generate a direction signal, and the value of the indicator ADX is used as a filter trend (is or is not), and acts simultaneously on all four indicators DMI, CCI, MACD and Stochastic (or only selected from them): if the indicators show the direction, and ADX is in a non-trend zone, the direction signals are not generated.
Download Consensus of Five signal trading indicator