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APR: Average Period Range - an indicator of the average daily range. It has four input parameters:Timeframe - the timeframe for which the range is shown, Period - the period (range) for which data are shown, Applied price - prices of the ranges High/Low, Open/Close. , Calculation mode -...
HLBands: An indicator of daily levels. it has three input parameters:Bands period - the period of displayed levels, Bands Update - mode for updating levels: at the opening of the bar - only the current bar of the selected timeframe is updated, after that levels remain unchanged on all bars of...
Highest Lowest: The Highest Lowest indicator searches for bars having High above the High of bars on the left and on the right, as well as bars having Low below the Low of bars on the left and on the right. Uses the DRAW_ARROW style. The indicator is displayed using the DRAW_ARROW style. Author:...
JP Oscillator: A trend oscillator. The indicator has three input parameters:Period - calculation period, Method - calculation method, Smoothing - enable or disable smoothing (Yes/No). Author: Scriptor
UI: Ulcer Index (UI) - the volatility decrease index. The indicator has three input parameters:Period - calculation period, Inverse pair - inverse calculation, Applied price - price used for calculations. The higher the indicator value, the greater the probability of volatility decrease. Author:...
TTMS: John Carter TTM Squeeze - an indicator of trend zones. The indicator is drawn as a histogram with signal labels along the center line. It has seven configurable parameters:BB period - Bollinger Bands calculation period, BB deviation - Bollinger Bands deviation, Keltner period - Keltner Bands...
TOSC: A Trend Oscillator. It has two parameters:Period - period, Applied price - price used for calculations. Author: Scriptor
RTL: Trend indicator Recursive Trendline (RTL). It has two parameters: Period - calculation period, Applied price - price used for calculations. Calculation formula: RTL[i] = (1 - Alpha)*RTL[i-1] + Alpha*(Price[i] + b0[i] - b0[i-1]),TOSC[i] = (RTL[i] - EMA(Period, Price)) where Alpha = 2/(Period +...
PVT: Price Volume Trend (PVT) is an indicator of price trend and volume, similar to the standard On Balance Volume (OBV) indicator. The indicator has no configurable parameters. Calculation formula: PVT = ((Close - Close(-1)) / Close(-1)) * TickVolume + PVT(-1) Interpretation of indicator...
Period_Open_Line: The indicator shows the open price of a period. It has one input parameter:Timeframe - the timeframe, for which the indicator displays the open price. Author: Scriptor
MA_Difference: An oscillator indicator showing a difference between MA and the price. Indicator values can be interpreted similar to the standard ADX: high values of MA1 and MA2 point to the presence of a trend, low values indicate consolidation. The Difference line can be used as a threshold for...
Cumulative_Volume: A volume indicator with different types of data representation. The indicator has three input parameters:Period - calculation period, Combined - show data either in a combined or in a separated way (Yes/No), Relative - choose between relative/absolute values (Yes/No). Author:...
SHL_MA_Band: A trend indicator: Smoothed High/Low Linear regression band. It has two parameters:Period - LSMA calculation period, Method - LSMA smoothing method. Author: Scriptor
HL_MA_Band: A trend indicator: High/Low Linear regression band. It has one input parameter:Period - LSMA calculation period. Author: Scriptor
LR_MACD: MACD based on the Linear regression MA. It has five input parameters: Fast LSMA period - fast LSMA calculation period, Slow LSMA period - slow LSMA calculation period, Signal period - period of MACD signal line, Signal method - the smoothing method for the MACD signal line, Signal applied...
ProfLine: The script draws horizontal lines representing BUY (blue) and SELL (red) orders. The script calculates and shows on a chart breakeven levels separately for open BUY and SELL positions. Author: Igor Radko
New article MQL4 Language for Newbies. Custom Indicators (Part 1) has been published: This is the fourth article from the series "MQL4 Languages for Newbies". Today we will learn to write custom indicators. We will get acquainted with the classification of indicator features, will see how these...
CCI - EMA based: CCI (Commodity Channel Index) is normally calculated using Simple Moving Average and mean deviation based on that same Simple Moving Average. This version of CCI is changing that. Instead of using Simple Moving Average it uses EMA (Exponential Moving Average), and instead of...
Adaptable_MACD: MACD with advanced settings. In addition to the standard parameters of the fast and slow EMA periods, signal SMA periods and calculation price, this indicator allows setting the calculation method for each line and use either absolute or relative values for MACD calculation. Author:...
New article Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization has been published: This article dwells on implementation algorithm of simplest trading systems. The article will be useful for beginning traders and EA writers. The majority of Forex trading...
MultiCurrency: The MultiCurrency indicator allows you to concurrently analyze up to eight currency charts. Author: Nikolay Kositsin
NonLag MA MTF: Well known NonLag MA with additions and adjustments. The first version published long time ago did not have price as an input option. This version corrects that, and the code is adjusted to new builds of MetaTrader 5 and also made multi timeframe. Timeframes supported are all...
MAMA + FAMA Oscillator: Combination of MAMA (MESA Adaptive Moving Average) and FAMA (Following Adaptive Moving Average) made as an oscillator. It can be used in a similar way as similar oscillators - indicating signals when the zero line is crossed. Author: Mladen Rakic
New article Controlled optimization: Simulated annealing has been published: The Strategy Tester in the MetaTrader 5 trading platform provides only two optimization options: complete search of parameters and genetic algorithm. This article proposes a new method for optimizing trading strategies —...
Guppy MMA: It is made more up-to-date and multi time frame option added. Author: Mladen Rakic
MAMA + FAMA: Usually MESA Adaptive Moving Average (MAMA) is displayed on chart as two values. That sometimes is misleading since it is not often explained what are the traders actually looking at then. The second value displayed on chart is what John Ehlers calls "a Following Adaptive Moving...
  Experts: Simple Copier (24   1 2 3)
Simple Copier: Copying utility with minimal functionality. Author: Vladimir Tkach
New article Layman's Notes: ZigZag… has been published: Surely, a fey thought to trade closely to extremums visited every apprentice trader when he/she saw "enigmatic" polyline for the first time. It's so simple, indeed. Here is the maximum. And there is the minimum. A beautiful picture on the...
I bought the software EaTree the 17/05/2017 and a year after it no longer works, is it a coincidence? I tried to contact info@eatree.com more than 10 times but no satisfactory answer. Is there anyone else in the same case?
DojiTrader: The Expert Advisor trades using the "Japanese Doji Candlestick" pattern. Author: Vladimir Karputov