Available technical indicator
[Index]
1. Available technical indicators
1.1. Trend
1.2. Oscillators
1.3. Volumes
1.4. Bill Williams
2. Customizable parameter
2.1. Trend
2.2. Oscillators
2.3. Volumes
2.4. Bill Williams
3. Fixed parameter
3.1. Trend
3.2. Oscillators
3.3. Volumes
3.4. Bill Williams
4. Signal logic
4.1. Trend
4.2. Oscillators
4.3. Volumes
4.4. Bill Williams
[Glossary]
Word | Description |
---|---|
Applied_price | Price used to calculate the value of the technical indicator. In principle Close is applied. |
Method | Which type of Moving Average method to calculate. In principle Simple Moving Average is applied. |
Period | The number of bars used for the indicator calculations. |
[Links]
BRiCK MT4 CI: https://www.mql5.com/en/market/product/29575
BRiCK MT4 EA: https://www.mql5.com/en/market/product/29574
Technical indicator: https://www.metatrader4.com/en/trading-platform/help/analytics/tech_indicators
This section posting the avaiable technical indicators by BRiCK.
For details on technical indicators, please see MetaTrader 4 Help.
1.1. Trend
- Average Directional Movement Index
- Bollinger Bands
- Envelopes
- Ichimoku Kinko Hyo
- Moving Average
- Parabolic SAR
- Standard Deviation
- Average True Range
- Bears Power
- Bulls Power
- Commodity Channel Index
- DeMarker
- Force Index
- MACD
- Momentum
- Moving Average of Oscillator
- Relative Strength Index
- Relative Vigor Index
- Stochastic Oscillator
- Williams' Percent Range
1.3. Volume
Available with version 1.1 BRiCK
- Accumulation/Distribution
- Money Flow Index
- On Balance Volume
- Volume
1.4. Bill Williams
Available with version 1.1 BRiCK
- Accelerator Oscillator
- Alligator
- Awesome Oscillator
- Fractals
- Gator Oscillator
- Market Facilitation Index
2. Customizable parameter
You can freely change within the definition value range.
2.1. Trend
Indicator name | Parameter name | Parameter value |
---|---|---|
Average Directional Movement Index | Period | 1 ~ 3999 |
Bollinger Bands | Period | 1 ~ 3999 |
Envelopes | Period | 1 ~ 3999 |
Ichimoku Kinko Hyo | Tenkan_sen | 1 ~ 3999 |
Kijun_sen | 1 ~ 3999 | |
Senkou_span_B | 1 ~ 3999 | |
Moving Average | Period | 1 ~ 3999 |
Parabolic SAR | - | - |
Standard Deviation | Period | 1 ~ 3999 |
2.2. Oscillators
Indicator name | Parameter name | Parameter value |
---|---|---|
Average True Range | Period | 1 ~ 3999 |
Bears Power | Period | 1 ~ 3999 |
Bulls Power | Period | 1 ~ 3999 |
Commodity Channel Index | Period | 1 ~ 3999 |
DeMarker | Period | 1 ~ 3999 |
Force Index | Period | 1 ~ 3999 |
MACD | Fast_EMA | 1 ~ 3999 |
Slow_EMA | 1 ~ 3999 | |
MACD_SMA | 1 ~ 3999 | |
Momentum | Period | 1 ~ 3999 |
Moving Average of Oscillator | Fast_EMA | 1 ~ 3999 |
Slow_EMA | 1 ~ 3999 | |
MACD_SMA | 1 ~ 3999 | |
Relative Strength Index | Period | 1 ~ 3999 |
Relative Vigor Index | Period | 1 ~ 3999 |
Stochastic Oscillator | %K_period | 1 ~ 3999 |
%D_period | 1 ~ 3999 | |
Slowing | 1 ~ 3999 | |
Williams' Percent Range | Period | 1 ~ 399 |
2.3. Volumes
Indicator name | Parameter name | Parameter value |
---|---|---|
Accumulation/Distribution | - | - |
Money Flow Index | Period | 1 ~ 3999 |
On Balance Volume | - | - |
Volumes | - | - |
2.4. Bill Williams
Indicator name | Parameter name | Parameter value |
---|---|---|
Accelerator Oscillator | - | - |
Alligator | Jaws period | 1 ~ 3999 |
Teeth period | 1 ~ 3999 | |
Lips period | 1 ~ 3999 | |
Awesome Oscillator | - | - |
Fractals | - | - |
Gator Oscillator | Jaws period | 1 ~ 3999 |
Teeth period | 1 ~ 3999 | |
Lips period | 1 ~ 3999 | |
Market Facilitation Index | - | - |
3. Fixed parameter
This section is about the fixed parameters of Indicators.
Values are already incorporated in BRiCK, and even if you change the indicator parameters, they will not be reflected.
3.1.Trend
Indicator name | Parameter name | Parameter value |
---|---|---|
Average Directional Movement Index | Applied_price | Close |
Bollinger Bands | Deviation | 2 |
Shift | 0 | |
Applied_price | Close | |
Envelopes | MA_method | Simple |
Applied_price | Close | |
Deviation | 0.1 | |
Ichimoku Kinko Hyo | - | - |
Moving Average | Shift | 0 |
Ma_method | Simple | |
Applied_price | Close | |
Parabolic SAR | Step | 0.02 |
Maximum | 0.2 | |
Standard Deviation | Method | Simple |
Applied_price | Close | |
Shift | 0 |
Indicator name | Parameter name | Parameter value |
---|---|---|
Average True Range | - | - |
Bears Power | Applied_price | Close |
Bulls Power | Applied_price | Close |
Commodity Channel Index | Applied_price | Close |
DeMarker | - | - |
Force Index | Method | Simple |
Applied_price | Close | |
MACD | Applied_price | Close |
Momentum | Applied_price | Close |
Moving Average of Oscillator | Applied_price | Close |
Relative Strength Index | Applied_price | Close |
Relative Vigor Index | - | - |
Stochastic Oscillator | Price_field | Close/Close |
MA_method | Simple | |
Williams' Percent Range | - | - |
3.3. Volumes
Indicator name | Parameter name | Parameter value |
---|---|---|
Accumulation/Distribution | - | - |
Money Flow Index | Period | 1 ~ 3999 |
On Balance Volume | - | - |
Volumes | - | - |
3.4. Bill Williams
Indicator name | Parameter name | Parameter value |
---|---|---|
Accelerator Oscillator | - | - |
Alligator | Jaws shift | 8 |
Teeth shift | 5 | |
Lips shift | 3 | |
Awesome Oscillator | - | - |
Fractals | - | - |
Gator Oscillator | Jaws shift | 8 |
Teeth shift | 5 | |
Lips shift | 3 | |
Market Facilitation Index | - | - |
4. Signal logic
This section is about the logic of individual signal.
If BUY signal logic and Sell signal logic is same, it is necessary to use it in combination with other technical indicators.
4.1. Trend
Indicator name | Signal BUY | Signal SELL |
---|---|---|
Average Directional Movement Index | +DI crosses -DI upward | +DI crosses -DI downward |
Bollinger Bands (Bands) | Close crosses Bands_Upper upward | Close crosses Bands_Lower downward |
Envelopes (Env) | Close crosses Env_Upper upward | Close crosses Env_Lower downward |
Ichimoku Kinko Hyo (Ichimoku) | Close crosses Ichimoku_Kumo upward | Close crosses Ichimoku_Kumo downward |
Moving Average (MA) | Close crosses MA upward | Close crosses MA downward |
Parabolic SAR (SAR) | Close crosses SAR upward | Close crosses SAR downward |
Standard Deviation (StdDev) | StdDev crosses 20% level upward of the maximum and minimum width value |
4.2. Oscillators
Indicator name | Signal BUY | Signal SELL |
---|---|---|
Average True Range (ATR) | ATR crosses 20% level upward of the maximum and minimum width value | |
Bears Power (Bears) | Bears crosses 0 level upward | Bears crosses 0 level downward |
Bulls Power (Bulls) | Bulls crosses 0 level upward | Bulls crosses 0 level downward |
Commodity Channel Index (CCI) | CCI crosses -100 level upward | CCI crosses 100 level downward |
DeMarker (DeM) | DeM crosses 0.3 level upward | DeM crosses 0.7 level downward |
Force Index (Force) | Force crosses 0 level upward | Force crosses 0 level downward |
MACD (MACD) | MACD crosses MACD_Signal upward | MACD crosses MACD_Signal downward |
Momentum | Momentum crosses 100 level upward | Momentum crosses 100 level downward |
Moving Average of Oscillator (OsMA) | OsMA crosses 0 level upward | OsMA crosses 0 level downward |
Relative Strength Index (RSI) | RSI crosses 30 level upward | RSI crosses 30 level downward |
Relative Vigor Index (RVI) | RVI crosses RVI_Signal upward | RVI crosses RVI_Signal downward |
Stochastic Oscillator (Stoch) | Stoch crosses Stoch_Signal upward | Stoch crosses Stoch_Signal downward |
Williams' Percent Range (%R) | %R crosses -20 level upward | %R crosses -80 level downward |
4.3. Volumes
Indicator name | Signal BUY | Signal SELL |
---|---|---|
Accumulation/Distribution (A/D) | A/D rising & Close falling | A/D falling & Close rising |
Money Flow Index (MFI) | MFI crosses 20% level upward | MFI crosses 80% level downward |
On Balance Volume (OBV) | OBV increases continuously | OBV decreases continuously |
Volumes | Volumes increases continuously |
4.4. Bill Williams
Indicator name | Signal BUY | Signal SELL |
---|---|---|
Accelerator Oscillator (AC) | AC increases continuously | AC decreases continuously |
Alligator | Alligator is activated upward | Alligator is activated downward |
Awesome Oscillator (AO) | AO crosses 0 level upward | AO crosses 0 level downward |
Fractals * | Upper Fractal appeared | Lower Fractal appeared |
Gator Oscillator (Gator) | Gap of upper and lower Gator continues to expand | |
Market Facilitation Index (MFI_BW) | MFI_BW increases & Volume increases |
* PermitBars must be set to 3 or more because the index is plotted in the past.