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Min price change

MinPriceChange indicator by Rone

It is based on the idea of flat and trend movements' alteration. In other words, MinPriceChange is another indicator which sends signals as the price moved for some time aside and either continuation, or reversal is expected. Algorithm for calculation is in the following:
  • calculate the sum of price changes on each bar for the specified period , i.e. the sum of differences (close - close).
  • if the sum of price changes calculated on the current bar is less than the minimum sum calculated on the previous bars, then consider it a signal of a passed flat and starting breakthrough of boundaries of the current flat.

It should be noted that the idea of creation of the indicator is also "inspired" by the iVLT indicator. Well, perhaps, that is all what they have in common. It is a comparison of the current calculated value with the minimum value from the previously calculated ones. To my point of view, the idea is rather good and allows connecting not to any other values specified by the trader, but to a certain value determined by the market.

 

Price prediction by Nearest Neighbor found by a weighted correlation coefficient

 

Can this Nearest neighbor be created for MT4 please? :/ It would be nice...

 

Some coder probably can. I am a bad coder. That code is by qpwr

 

doesn't all depends on who is your nearest neighbor is?...

 

Gann high low activator

Here is a version of Gann high low activator that uses filled area to show trend

 

Hello Mladen

Do you know if there is already indictor (MT4 and MT5) that gives alert when price cross (intersect) EMA (optionaly line)? If doesnt exist would you be willing to create one? It doesn't matter if crossing bar close above or bellow EMA. Thank you in advance for your time and effort.

 

CCI custom candles

CCI custom candles - originaly Developed by Christof Risch

 

For those who use volume might be usefull...

Files:
bettervolume1.0.mq5  5 kb
 

Price crosses of averages

mima:
Hello Mladen Do you know if there is already indictor (MT4 and MT5) that gives alert when price cross (intersect) EMA (optionaly line)? If doesnt exist would you be willing to create one? It doesn't matter if crossing bar close above or bellow EMA. Thank you in advance for your time and effort.

mima

Here is a version that is alerting on one of the 5 kind of averages crosses with the desired price. Only the first cross in the "opposite direction" will be alerted

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