Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

votes: 26
2015.04.08 15:43
2016.11.22 07:32
ozymandias.mq5 (10.09 KB)view

Original author:


Ozymandias is a well known indicator which filters false price fluctuations.

This indicator displays a blue-red line around the price range. There is also a price band which shows whether the market is oversold or overbought. The colored line in its turn shows the average price value. The blue line means you should look for entry points to buy (only if the market is not overbought). If the color has been changed to red, then you should open a short position (if the indicator doesn't show the oversold market).

Please note that the Ozymandias indicator can be used only to determine the appropriate time for exiting or entering the market. A trend change on this indicator is not a signal.

Fig. 1. The Ozymandias indicator

Fig. 1. The Ozymandias indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

Exp_FisherCyberCycle Exp_FisherCyberCycle

The Exp_FisherCyberCycle expert advisor is based on the signals generated by the FisherCyberCycle oscillator.

KeyFinder 2.0 KeyFinder 2.0

This script finds DeMark pivot points, displays them on the chart and indicates their dimensions.

ExtremLine ExtremLine

A simple trend indicator.

ind_aMU ind_aMU

The indicator shows trend and side (flat) price movements.