Download MetaTrader 5

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

2011.10.18 13:58

Value Charts - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

votes: 12

Value Charts is a detrended price indicator created by David Stendhal, it shows the overbought and oversold states using the detrended price extremes.

For a nice description, see the "Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile" book Mark Helweg and David Stendahl, this book is very good.

Value Charts indicator

SuperTrend SuperTrend

SuperTrend indicator.

SHI Channel true (NB-channel) SHI Channel true (NB-channel)

SHI_Channel_true automatically shows Barishpolts dynamic moving channels on a chart.

3LineBreak 3LineBreak

The indicator that paints the bars in blue for a bullish trend and in red for a bearish one.

ASCtrend ASCtrend

The indicator generates signals for entering the market.