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


ForexProfitBoost_2nb - indicator for MetaTrader 5

Nikolay Kositsin | English Русский 中文 Español Deutsch 日本語 Português

votes: 12
2015.04.10 15:00
2016.11.22 07:32

Original author:

A trend indicator based on two Moving Averages and Bollinger Bands made as a colored histogram.

This is a trend indicator, so it provides the best results for trending markets. On flat markets there will be too many false signals (filters are required). The indicator shows the existence and strength of a currency pair trend. Only three colors are used for signals: default colors are yellow, blue and red.

As you may have guessed, red indicates a bearish trend, and blue indicates a bullish trend. Yellow indicates weakening of the current trend, a possible trend change, a pullback or a flat period. The more yellow is on the chart, the higher is the possibility of a trend change. The more detailed description is available at the following link:

Fig. 1. The ForexProfitBoost_2nb indicator

Fig. 1. The ForexProfitBoost_2nb indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

ForexProfitBoost_2nbSign ForexProfitBoost_2nbSign

A semaphore signal indicator that uses an algorithm based on crossovers of two moving averages.

Exp_ForexProfitBoost_2nb Exp_ForexProfitBoost_2nb

A trading system using the ForexProfitBoost_2nb indicator.

Ozymandias_v2_HTF Ozymandias_v2_HTF

The Ozymandias_v2 indicator with the timeframe selection option available in the input parameters.

Exp_Modified_Optimum_Elliptic_Filter Exp_Modified_Optimum_Elliptic_Filter

A trading system using the Modified_Optimum_Elliptic_Filter indicator.