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MACD2 generates bearish signals from three main sources. These signals are a reflection of the bullish signals - negative divergence, bearish intersection of the moving averages, bearish intersection of the center line.
Linear regression is a mathematical method for determining the linear dependence between the variables. This technique is often used by analysts to identify the trend based on the time and price data.
In the case of weighted moving average, the latest data is of more value than more early data. Weighted moving average is calculated by multiplying each one of the closing prices within the considered series, by a certain weight coefficient.
Useful for those who use the DeMark TD lines in trading. It draws TD points, plots TD lines, calculates the current values of TD lines, calculates the targets.
The indicator shows the fractals of different time periods on one chart (with different colors). Only М15, Н1, Н4, D1 are used.
The Hi/Low indicator shows how close the current value of the parameter is to the minimum and maximum values over a certain time interval.
It is not recommended to open a position when the histogram is red. If all indicators give entry signals, the final check is done according to this indicator. The histogram must be green.
The script is designed for downloading history on all known currency pairs, metals, indices, CFD and for controlling "holes" in history.
The indicator draws the slow and fast ССI and colors bars for determining patterns and trends.
The indicator allows the trader to understand market relations.
When the stochastic enters the overbought or oversold area, the first lot is opened, if the chart is reversed, then operate with one lot.
The unique FX_FISH indicator is widely used by the Western experts to trade in the foreign exchange market, stock market, and others.
(Fast Adaptive Trend Line)– the «fast» adaptive trend line is calculated using a digital low-pass filter with a small cutoff period.
The Lines_Create script creates 2 horizontal lines on the chart with the names UP_LEVEL and DOWN_LEVEL. The Lines_Delete deletes the lines created by the Lines_Create script from the chart. The Lines_RASST script is an addition to the Lines_Create script.
This script is designed for obtaining various statistical data on the chart candlesticks on the selected timeframe.
The calculator estimates the value of one point of a currency pair and the maximum stop loss for the user-defined lot.
System concept: The Donchian Channels are quite popular among the trend following systems.
The operation logic is as follows: Once a local maximum\minimum has been determined several horizontal lines will be drawn. The white one is an entry point, the following lines in its direction are targets. Naturally, the first one is the most reachable.... Red line is a stop line.
This indicator is a conversion of the Darma indicator set from MT3 to MT4.
This indicator help you keep 3 different timeframes on the screen to see the price action clearly on both short term and long term without switching buttons.
This library is made for experts that need to calculate StopLoss and TakeProfit without putting SL/TP points on the trade.
It calculates the lot size depending on risk percentage entered by user in input parameters.