The EAmicroMoney Expert Advisor works on EURUSD or GBPUSD. It has the following parameters: maximum step price, moving average period and moving average shift. It is bound to M1 timeframe. It uses a unique technology to identify small trends and make large volume deals. Default input parameters: StepPrice=0.00031, base_lots=0.01, moving average period=12, moving average shit=9. Nothing more to say, just look at the screenshots.
LightMan Free is a free version of the LightMan Expert Advisor. The only difference is that the trading lot size is fixed 0.1 in this free version, and the lot size in the commercial version can be determined by user or by money management options. From the attached screenshots, you can find that even with the lot size 0.1 LightMan Free version generates more than $500 profits during the first 100 days of the year 2013 (from 2013.01.01 to 2013.04.10). It is better to use this Expert Advisor on
Volatility value can be used as an additional criterion for selecting a financial instrument for trading. The Average True Range (ATR) indicator can be used for visualization of this value. If your trading system shows good testing results on financial instruments in a high volatility period, then the ATR MULTI SYMBOLS indicator for the MetaTrader 5 trading terminal will be useful as it allows visually evaluating and selecting the symbols with the maximum volatility at the moment. In the indica
The PiTrend original trend indicator that can have the values from -1 to +1. The closer the indicator value is to +1, the stronger the uptrend is. The closer it is to -1, the stronger the downtrend is. It can also be used as an oscillator to define the overbought/oversold levels. The indicator has one input parameter Distance for specifying the distance in points. The indicator ignores the price movements less than the Distance value. Version 2.0: Added the signal line calculated as a moving
Have you ever wondered what time of the day the market is more active or very quiet? Are you not sure when the Asian or the New York session starts? What will happen, if you are confident, but your broker has a time zone offset? If you are writing an Expert Advisor, will it work under certain market conditions only and will your users be able to configure it very easily? Will one session become more active than another, if the market changes over time? Wonder no longer! All these concerns
The Precision scalper Expert Advisor is designed to give scalpers the cleanest and the most compact scalping interface on the market. Working on the minute timeframes, especially M1, you should move very fast to catch a profit. Using the standard MetaTrader interface for buying and selling is very slow, opportunities can be easily missed and, moreover, the standard interface takes up a lot of screen space. Precision scalper provides a very quick access to the common scalping requirements: B
Description EnvelopesALL is an extended version of the standard Envelopes indicator. Methods of averaging of the standard Envelopes Methods of averaging of EnvelopesALL Simple averaging Exponential averaging Smoothed averaging Linear weighted averaging Simple averaging Exponential averaging Smoothed averaging Linear weighted
ChartWall is intended for displaying and automatic changing of wallpapers on a chart. It supports JPG and BMP formats. A file and a display style are selected via the built-in panel, which can be opened by clicking on the application icon (hidden button) that appears in the bottom left corner of the chart (main window) as you move the cursor to that area. Using the built-in panel you can also set a period for the rotation of images in minutes. Image files are selected randomly from the folder
This is a trend indicator. Its main purpose is detecting a price tendency as fast as possible and following it until its end with a maximum precision. The color of the indicator shows the current price direction. The indicator is based on the Dow Jones Theory, which states that the prices on financial markets move in a certain direction. At that each minimum/maximum is higher than the previous one during an ascending tendency, and is lower than the previous one during a descending tendency. Th
This is an original trend indicator. Its values vary from -1 to +1. The closer the indicator is to +1, the stronger is the ascending trend. The closer it is to -1, the stronger is the descending trend. The indicator can be also used as an oscillator for determining the overbought/oversold state of the market. The indicator has one input parameter Period for specifying the number of bars to be used for calculations. Version 2.0: Added the signal line calculated as a moving average of the main l
This indicator shows you the volume underlying the Bid and Ask quotes in the MetaTrader terminal. Volume is a key driver of price - if there is a large skew between Bid and Ask volume, this suggests price is going to make a movement in the skew direction. This indicator is a very useful tool for scalpers and other short-term traders as it allows you to confirm your existing signals. Settings include: Scale Percent - percentage of window to fit volumes inside; VolumeLotsAtMaxScale - number
For those who like to know exactly what is going at their broker, this tool will not only display a real-time updated version of the average spread (grey histogram), but also an average deviation for both Bid and Ask prices (Red lines and Blue lines). This shows you what is happening during times of high volatility and will allow you to tune your trading strategies to suit your broker's behavior. During high volatility, the spread will often increase - this indicator shows you exactly what is h
The LightMan Expert Advisor represents a simple and profitable trading system. From the attached screenshot, you may find out that by using the default input parameters, LightMan had an over 100% growth in the first 100 days in 2013. The LightMan Expert Advisor uses both trend indicators and oscillators internally to calculate and estimate the support and resistance levels and ranges of the market. Generally, it uses countertrend trading with the careful money/risk management. It is better to
Accurate TS is a trading strategy that uses three step process: identify the trend, wait for corrections within the trend, identify reversals that signal about the end of the correction. The trading strategy outlines specifications for making trades and includes rules for trade entries/exits and money management. When properly researched and executed, Accurate TS can calculate mathematical expectation for the specified rules and help traders and investors to determine if the trading idea is pot
The B150 model is a fully revised version of the Historical Memory indicator with a significantly improved algorithm. It also features a graphical interface what makes working with this perfect tool quick and convenient. Indicator-forecaster. Very useful as an assistant, acts as a key point to forecast the future price movement. The forecast is made using the method of searching the most similar part in the history (patter). The indicator is drawn as a line that shows the result of change of t
This indicator displays Point & Figure charts (PnF charts) in the indicator window. PnF charts show only price movements that are bigger than the specified box size. It helps to eliminate noise and allows focusing on main trends. Time is not a factor here. Only price movements are taken into account. That is why PnF chart is not synchronized with the main chart it is attached to. More about PnF charts: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:pnf_charts
KLEO INDICATOR SET consists of two channels. The first one is enhanced Price Channel (a channel drawn using the maximum and minimum prices for a specified period ) with independently movable upper and lower levels, which also allows marking out the maximum and minimum price ranges as well as the breakthrough points. The second one is a channel with fixed levels drawn relative to the open price of a specified hour, which allows indicating your work time. 1. Indicator Parameters U
It is very important to know the speed of the price change when creating a trend strategy. Usually, the Momentum indicator is used for that purpose; however it shows a relative change in percentage terms for a selected period. Sometimes it may be inconvenient, since the indicator values are period dependent. The values change from a fraction of a percent on small periods to several percents on large periods, what causes some difficulties with calculating, especial the Stop Loss and Take Profit o
The indicator displays the speed of the price change - the acceleration and deceleration of the market similar to acceleration in physics. The classic Accelerator is calculated using moving averages, at that its dimensionality depends on the settings. Price Acceleration has a constant dimensionality (the ratio of point to the squared time in timeframes) that is independent of the period selected, what allows interpreting its values with higher precision. This is a great advantage when formalizin
The VWAP indicator is a tool that professional traders have been using for years. Now as the information about real trading volume is available in MetaTrader 5, the user of this platform can also benefit from it. Please note, this indicator requires that your broker supports Real Volume Data. To find out whether it does, place the standard MetaTrader 5 indicator named "Volumes" on a chart, then select "Real" in the volume options. If your broker supports real volume you should see colored bars
Martingale is not used! The trading robot has no optimization parameters and works on all timeframes! The period found to be the highest by the testing quality has been selected. The strategy is based on market patterns. No indicators are used! I am ready to ask any questions regarding this trading robot! Replacements by the new advanced versions are made for free! I can also implement changes according to customer's preferences.
Trading is like shooting. Good Trader is like a sniper. A sniper in the military has an edge over his enemy. His edge is unwavering patience, mastery of weapon and the ability to remain conscious in high stress situations. And similar, a pro trader has an edge over the novice trader. His edge is unwavering patience, mastery of Forex setup and the ability to remain calmn in spite of fear and greed. Novice trader acts like a machine-gunner. He shoots at everything he sees (trading too much), s
This indicator shows the strength of bulls and bears. It is based on statistical calculations that indicate the trend at a moment of time. It can be used for short trends (ideal for scalpers) and long trends (for trend followers), depending on the parameters you set. It has two parameters: MAPeriod - Period for calculating the moving average (recommended values are 5 to 20, but you can optimize); AnalisedBars - Number of bars for calculating the trend (recommended values are 50 to 200, but
Moving Average with an additional price label. Settings Period MA - period of МА; Shift MA - shift of МА; Method MA - type of smoothing; Show Price Label - show price label; Price MA - price used for calculation; Show Hint Label - show hints; Color Label - color for displaying the price; Size Label - size of the price label.For the price label to be displayed correctly, the Price MA parameter must always match the type of calculation of the Moving Average. On default, the indicator is
Closing positions in MetaTrader 5 upon reaching the total profit/loss with the profit trailing function. You can enable the Virtual stops (Separate Order), calculating and closing for BUY and SELL positions separately (Separate BUY SELL), closing and calculating all symbols or the current symbol only (All Symbols), enable trailing for profit (Trailing Profit) Positions are closed based on a value in deposit currency, points, % and drawdown.
The Synchronized Charts script allows comparing bars of different symbols or different periods of the same symbol. Attach the script to a chart and move bars or change the scale, all opened chart will move synchronously with the current one. The bars on different charts are aligned to the border according to their open time. Please be sure the relevant history datas have been downloaded before synchronize charts. Note: This is a Limited Edition of Synchronized Charts. It works only on Monda
Reverse TradeCopier Follow can copy trades from an account that is running Reverse TradeCopier Source. Note: This is a Limited Edition of Reverse Trades Copier Follow. It works only on MetaQuotes-Demo server. Features: Copies trades from one source (master) account to multiple following (slave) accounts. Allow investor (read only) password for source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different brokers. Works with di
The script allows to easily watch the date and time of several cities selected by the user from more than 30 important cities all over the world. It also shows GMT, Server time and Local time. Note: This is a Limited Edition of Clock Timezone. It works only on Mondays. The cities on the screen are automatically sorted by the date and time. You can save your setting on the Inputs tab and use them in future. Notice: Daylight saving time is not considered.
If you want something as below: Sell FOREX trading signal. Manage multiple accounts. Follow the trading from somebody."TradeCopier_follow" and "TradeCopier_source" can help you! Note: This is a Limited Edition of TradeCopier follow. It works only on MetaQuotes-Demo server. Features: Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters
Reverse TradeCopier Follow can copy trades from an account that is running Reverse TradeCopier Source. Note: This is a Limited Edition of Reverse Trades Copier Source. It works only on demo account. Features: Copies trades from one source (master) account to multiple following (slave) accounts. Allows investor (read only) password for source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different brokers. Works with different q
This script alerts a user via sounds and alert box at the end of a countdown. It is like an alarm clock. There are 2 ways to start counting down: Set a value of remaining minutes. Example: if you need an alert after 1 hour, set it to 60. Set countdown end time.If you like to use a custom sound for the alert, copy your sound files to "terminal_path\Sounds" folder and set the exact file name in the input parameters. The sound file must be in *.wav format. Note: This is a Limited Edition of C
If you want something as below: Sell FOREX trading signal. Manage multiple accounts. Follow somebody's trading."TradeCopier_source" and "TradeCopier_follow" can help you! Note: This is a Limited Edition of TradeCopier source. It works only on demo account. Features: Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters, everything is e
The script allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips. Please set slippage value first. Sometimes some positions do not close due to high volatility of the market. Please set larger slippage or restart the script. Note: This is a Limited Edition of One Click Close. It works only on Mondays.
Painting Deals on active chart. It allows analyzing trade history on an account to which you have an investor (read only) password. Note: This is a Limited Edition of Painting Deals. It works only on EURUSD H1 chart. Type of the arrow displayed indicated the deal type: Right Arrow means In and In/Out deals. Arrow Left Left means Out deals.Blue arrows are for Buy deals and Red arrows are for Sell deals. The indicator displays deals in the real time mode, it also displays their Stop Loss an
This script is intended to help users to get information about ticks and spreads (e.g. ticks count, minimum/maximum/average spread). It can export reports in the CSV format with this information. It is useful for comparing spreads of different brokers. Note: This is a Limited Edition of Spread Report. It works only on AUDCAD chart.
The script shows statistics of trades for the specified period. For example, if you want to know the details of trades of the ATC2010 Winner (bobsley): Login with his account using the investor (read-only) password (MetaTrader5); Open the chart of his trading symbol (EURUSD); Run this script on the chart; Specify 2010.10.1 in "date from", and the diagram will be shown.Note: This is a Limited Edition of Diagram of Trades. It works only on EURUSD on Monday.
This script notifies a user about different events by playing sounds, sending emails and text messages to a mobile device. The following events are supported: New deals (in/in out/out). Expiration of Pending orders. The terminal disconnected. The terminal or the script closed.Note: This is a Limited Edition of Notification. It works only on Mondays. Please set a notification type for each event separately. If you need notifications via Email, please make sure that the settings on the Ema
The indicator is intended to predict a price level at which RSI will have a predefined value. The indicator has two input parameters: Period RSI (default value is 14); Required RSI level (default value is 70.0).During operation the indicator displays a line in the chart window. The line shows what price value is needed for the RSI with the specified period (14) to have the specified value (70). It allows analyzing the current overbought and oversold levels on the market, and place pending orde
This is visualization tool based on the Depth of Market. It works with the symbols that have the Depth of Market available. It's a visual indicator that shows the volume of each Bid/Ask price and ratio of total volume of Bids/Asks. Note: check if your broker supports DOM before download. Note: This is a Limited Edition of Depth of Market. It works only on AUD charts.
Equity ProfitLoss Control is an Expert Advisor that controls equity considering the initial balance. The Expert Advisor closes all positions when an equity value specified in percentage or deposit currency is reached. Equity is calculated as a difference between the current equity and the initial balance fixed when there are no positions or the balance at the very first start of the Expert Advisor. There are notification functions: Alert, Mail, Sound, Mobile, display of information (the curren
ONEpair Balance ProfitLoss Control is an Expert Advisor that controls profit\loss of one symbol regardless of the number of opened positions and reversals. The Expert Advisor closes position (Pair) when the profit\loss value specified in percentage or deposit currency is reached. The Expert Advisor has built-in functions that allow considering the profit/loss obtained as a result of reversals (considerINOUT) and the trade history (considerHistory). The functions are used for reversing and closi
TF PANEL - is a convenient tool for those who analyze many timeframes to make a decision. The convenient part is you can view even all (21) timeframes simultaneously on a single chart. The timeframes are displayed in a SUBWINDOW as chart objects. After launching the indicator, a pane containing horizontally arranged timeframe buttons appears in the bottom left part of the chart. The button "<<" at the end of the pane switches the mode of adjusting the chart objects. If you click it, the timefra
Some traders don't like expose Take Profit/Stop Loss level in their positions, this Expert Advisor can help them. Put it to chart and set Take Profit/Stop Loss pips (0 means ignore), it watch the price of the symbol on chart and close the position if price reach Hidden TP/SL level. Note: This is a Limited Edition of Hidden TP and SL. It works only on a demo account.
Some trading strategies are suitable for the quiet market with less volatility, while others are suitable for the volatile and violent market. Either way, traders should have a clear measure of how hot or cold the market is. This product is convenient for traders to compare the degree of cold heat of different trading varieties, or the trading heat of the same trading variety in different time periods. You can put it on different charts to get the intuition. It's easy to see which is more hot
This product is used to check the foreign exchange market history datas. Good quality historical datas is important for traders to perform market analysis or back testing. But the quality of historical datas provided by various foreign exchange brokers is uneven. Sometimes we notice missing k-line sequences, but sometimes it is not easy to detect them. This product helps users locate these missing locations.If there are many gaps in a given period of time on a chart, you need to be careful abou
Have you ever had difficulties seeing Bid or Ask prices as they move up and down the Y axis of your chart? Have you ever wished you could make the size of these prices a little bigger, so they were easier to see? Did you ever wish you could have a Big Price value on your chart? Well, now you can do it. Try a FREE Demo of the Big Price indicator and see for yourself. Indicator input parameters: Input 1 - the Big Price can show the Bid or Ask rice, set true to show the Bid price, set false t
Have you ever wished the CrossHairs would stay on screen when you have finished measuring something? Have you ever wanted to grab a screenshot with the CrossHairs in place? Have you ever wanted to have the CrossHairs in a different color? Have you ever wished the CrossHairs would "snap" to the highs and lows of the bars? Now you can do all this with Permanent CrossHairs. The Demo version of Permanent Cross Hairs does not work in the Strategy Tester as the Strategy Tester does not support Butto
About Calendar2ICS Calendar2ICS is a utility script that lets you export the events in MetaTrader 5 financial calendar ("Calendar" tab of the Toolbox) to .ics files. The events there are also known as "Macroeconomic Indicators". What is ICS File The .ics file is the iCalendar file, which allows Internet users to send meeting requests and tasks to other Internet users via email or sharing files. For more information about iCalendar, please visit the iCalendar Wikipedia page: https://en.wik
DLMACD - Divergence Local (wave) MACD. The indicator displays local divergence on the waves of the MACD histogram by changing color of the MACD histogram. It was created as an addition to the previously created DWMACD. The indicator is very simple to use and configure. Divergence buffer №1 can also be used in Expert Advisors. The indicator displays the following types of divergence (definitions from the code): #define MoveUp 1 - (Green) movement up, no divergence; #define MoveDn 2 -
This is random trading experiment (in other words: coin tossing or flip a coin). It is a pure Risk to Reward trading system, for example 1:3 with Stop Loss = 30 and Take Profit = 90. The Expert Advisor includes money management (on/off). In the future I will add filters. Warning: It's not recommended to use this strategy on a real account. Version 1.1: Martingale added.
MutantFx Lite is a multi-currency Expert Advisor that is a mutation of ProfessorFx Silver. Trading Strategy: MutantFx Lite Expert Advisor trades on 4 currency pairs (EURUSD, GBPUSD, USDCHF and USDJPY) that can be selected in the parameters with time frame H1. It is based on MACD to trigger the BUY or SELL signals. Open positions are closed by Take Profit, Stop Loss or according to opposite signals. In addition, there is the Break Even option. The money management is based on free margin. You
MutantFx Max is a multi-currency Expert Advisor that is a mutation of ProfessorFx Platinum. Trading Strategy: MutantFx Lite Expert Advisor trades on 12 currency pairs (EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD, AUDUSD, EURGBP, EURAUD, EURCHF, EURJPY, GBPCHF and GBPJPY) that can be selected in the parameters with time frame H1. It is based on MACD to trigger the BUY or SELL signals. Open positions are closed by Take Profit, Stop Loss or according to opposite signals. In addition, there is the Brea
IShift Lite is utility for trading directly from the depth of market. IShift Lite allows: perform trade operations directly from the DoM with a "single touch"; easily move your orders in the DoM: automatically place Stop Loss and Take Profit; Place limit order as Take Profit; move position to breakeven; automatically move Stop Loss along the price; calculate the volume of an order depending on a fixed risk level or a fixed margin level. IShift Lite is primarily intended
About Live Pivot Point Indicator The "Live Pivot Point" indicator is market movement indicator that calculates the "Pivot Point" value and the associated support and resistance levels. A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bear
Introduction The EASuperSTAR Expert Advisor is developed on the conception that market always changes its behavior. There is no specific kind of the Expert Advisor settings that will be profitable for a long period of time because trade type profitable in the trend market can be dangerous in the range-bound market, so the EASuperSTAR Expert Advisor is designed to easily change the way of trading, i.e. using the signal, the volume, the trailing stop. The EASuperSTAR Expert Advisor is unique as
The Price Channel indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period for determining the channel boundaries. Price levels count - number of displayed price levels (no levels are displayed if set to 0). Bar under calculation - number of bars on the chart for the indicator calculation.Buffer indexes: 0 - Channel upper, 1 - Channel lower, 2 - Channel median.
The Williams' Percent Range (%R) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: WPR Period - period of the indicator. Overbuying level - overbought level. Overselling level - oversold level. Сalculated bar - number of bars for the indicator calculation.The following parameters are intended for adjusting the weight of WPR signals (from 0 to 100). You can find their description in the Signals of the Williams Percent Range section of MQL5
This indicator is based on the trend line and breakthrough. Pair: EURUSD, GBPUSD. Timeframe: M15 Or H1. Input Parameters AlertsOn - alert on or off. TrendLine - show trend line. TrendLineStyle - style of trend line. UpTrendColor - color of up trend. DownTrendColor - color of down trend. ShowTakeprofit - show take profits. ShowTakeprofitStyle - style of take profit. UpperTakeprofitColor - color of up take profit. LowerTakeprofitColor - color of down take profit.
MA cluster is a set of Moving Averages and it includes major Fibonacci sequence numbers: 5, 8, 13, 21, 34, 55. Usually, MA cluster vibrates around the base level 1.0. If some Moving Averages are deviated too much from it, they will be regressed to the base level. As you know, some indicators like RSI, WPR and Stochastic have static overbought/oversold levels, if market runs with an extreme trend, they often send false signals (high/low passivation). This indicator has dynamic overbought/overso
The Average True Range (ATR) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: ATR Period - number of single periods used for the indicator calculation. The number of ticks to identify Bar - number of single ticks that form OHLC. Price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). Сalculated bar - number of bars for the indicator calculation.
Market forces will always determine the price direction. The MA Delta Momentum indicator calculates delta of the Moving Average, then it shows you strength of the market. It is the leading indicator that surpasses the traditional MACD indicator. Notes: Histogram bar is MA Delta Momentum; Color line is N periods Moving Average of MA Delta Momentum. The indicator supports all currency pairs and works on all timeframes. It is quite easy and simple to use. Both MetaTrader 5 and
The indicator draws two simple moving averages using High and Low prices. The MA_High line is displayed when the moving average is directed downwards. It can be used for setting a stop order for a sell position. The MA_Low line is displayed when the moving average is directed upwards. It can be used for setting a stop order for a buy position. The indicator is used in the TrailingStop Expert Advisor. Parameters Period - period of calculation of the moving average. Deviation - rate of con
The Expert Advisor modifies the Stop Loss level of the opened position (on the current instrument). The Parabolic SAR, NRTR (Nick Rypock Trailing Reverse), Moving Average indicators or the linear channel regression are used. Switchable modes: Trailing stop only when profit; Trailing stop only to price; work on each tick or on completed (formed) bars.This demo version of TrailingStop can be used on demo accountы only. It has a limitation on the number of trade operations.
Joker is a trading system which calculates the entry setup on the last ten daily candlesticks, on the Moving Average and RSI indicators. It works well on EURUSD in all timeframes. It uses an input money management with a maximum numbers of lots that can be changed at will. The strategy tester settings are: Symbol: EURUSD Period: H1 (2011.01.01 - 2013.02.28) InpLots: 0.2 InpTakeProfit: 220 InpTrailingStop: 40 InpStopLoss: 90 InpMaxLots: 0.6 Currency: EUR Initial Deposit: 10 000 Lever
The Heiken Ashi indicator drawn using a tick chart. It draws synthetic candlesticks that contain a definite number of ticks. Parameters: option prices - price option. It can be Bid, Ask or (Ask+Bid)/2. the number of ticks to identify Bar - number of ticks that form candlesticks. price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). calculated bar - number of bars on the chart.Buffer indexes: 0 - OPEN, 1 - HIGH, 2 - LOW, 3 - CLOSE.
This tick indicator draws synthetic bars/candlesticks that contain a definite number of ticks. Parameters: option prices - price option. It can be Bid, Ask or (Ask+Bid)/2. the number of ticks to identify Bar - number of ticks that form OHLC. price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). calculated bar - number of bars on the chart.Buffer indexes: 0 - OPEN, 1 - HIGH, 2 - LOW, 3 - CLOSE.
DWMACD - Divergence Wave MACD. The indicator displays divergence by changing color of the MACD histogram. Only the last (current zero bar) is redrawn. The indicator is very simple to use and configure. Buffer divergence №1 can also be used in Expert Advisors. The indicator displays the following types of divergence (definitions from the code): #define MoveUp 1 - (Green) movement up, no divergence; #define MoveDn 2 - (Yellow) movement down, no divergence; #define MoveUpDiv 3 - (MediumTurqu
According to Bill Williams' trading strategy described in the book "Trading Chaos: Maximize Profits with Proven Technical Techniques" the indicator displays the following items in a price chart: 1.Bearish and bullish divergent bars: Bearish divergent bar is colored in red or pink (red is a stronger signal). Bullish divergent bar is colored in blue or light blue color (blue is a stronger signal).2. "Angulation" formation with deviation speed evaluation. 3. The level for placing a pending o