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This indicator draws coloured histograms to identify bullish and bearish bars.
hotkeys 1-9 numbers on keyboard but not on number-pad to change timeframes 1=m1 2=m5 3=m15 4=m30 5=h1 6=h4 7=d1 8=w1 9=mn
This indicator shows a standard parabolic SAR another way. Also it send alert when SAR dot changes side.
cycles though market watch symbols, using hotkeys Comma and Period for prev/next symbol in market watch list
This is a simple script to chart the intermarket spread between 2 different futures or CFD contracts. The spread trading is a popular futures trading strategy and can be done using CFDs more easily as there is no formal expiry date.
Displays the current timeframe and symbol name in large font on the chart background. Useful when hopping between several charts with different symbols at the same time.
An optimized version of the Zigzag indicator, which was included in the MT4 delivery of 2005 (and in MT3.83).
G channel is a channel indicator with 3 lines- a middle line representing a central tendency and 2 Upper and Lower boundaries calculated based on the past values of same indicator. Its based on the paper "Recursive Bands - A New Indicator For Technical Analysis" by Alex Grover and is a code conversion from TradingView. The channel breakout of Upper or Lower boundaries represent a new trend or trend continuation while narrowing of bands represents ranging or low volatility conditions. The channel can prove to be a good indicator of a trend direction and also a guide for trailing of stop loss. It has only 2 variables. Channel period - default set to 100. Price type.
Sharing this trend indicator made by me. Called "Timeframe Flow". It will draw a user defined higher time-frame candle on every shift on your current time-frame. Meaning you can have H4, H12 or D1 candles on every shift of your H1 Charts. Or you can have D2, D3 or D5 candles on every shift of your Daily Charts. Combined with the current time-frame ATR Bands, you have a trend indicator with some filter. You may also use the Mid Line crosses as exit( Calculated using Higher timeframe candles displayed in the indicator(Close + Open)/2 ).
Building good trading habits by seeing things in terms of percentage not in terms of money.
Indicador Mass Index para Metatrader 4 con los niveles más importantes en donde se producen las señales de este indicador, de acuerdo a su autor. El MI es un indicador basado en la volatilidad del mercado.
Indicador de medias móviles Hull (HMA) para Metatrader 4 que cambia de color dependiendo de la tendencia. La HMA es una media móvil diseñada para seguir de cerca la acción del precio más reciente pero sin perder el efecto de suavizado. Puede resultar muy útil para el análisis de tendencias.
The Momentum-based Adaptive Channel is a version of the adaptive channel based on the Euclidean distance. It is designed to adapt according to the dynamic market as needed.
Building good trading habits by seeing things in terms of percentage not in terms of money.
Redrawing trading position for history data and current trading position
This RSI stop and reverse indicator makes use of RSI on price v2 code. If required the RSI level bands can be hidden.
RSI levels rendered on price as bands V2. This updated version now mirrors the same RSI level inputs. The RSI 70 level line is blue The RSI 50 level line is gray The RSI 30 level line is red Length and Levels are adjustable