Articles, Library comments - page 110

To post a new topic, please log in or register
Triple Jurik Smooth: Jurik smoothing (not the same as Jurik average - the Jurik smoothing we are using for MetaTrader 5 is actually an indicator that is completely done using MetaTrader 5 and was not developed by Mark Jurik, but since the basic theory of it was similar to the Jurik average,...
Ultra Trend: Ultra Trend is one of the well known indicators made for MetaTrader 5 now. The way how Ultra Trend is calculated is simple: Multiple period Jurik smooth values are calculated, Slope of each instance of such value is checked, Overall result of sloping up and sloping down is taken...
Dynamic Pivots: Based on the Austin Passamonte's idea, this indicator calculates intra-day pivots. This one is a version where default values for pivot levels are at 38,61% of the range, but you can easily change it through parameters to the Fibo levels Passamonte proposes in his TASC...
WPR with Bollinger bands: Williams %R, WPR, or just %R, is a technical analysis oscillator showing the current closing price in relation to the high and low of the past N days (for a given N). It was developed by a publisher and promoter of trading materials, Larry Williams. Its purpose is...
Count Back Lines: Indicator developed based on the original explanation of Daryl Guppy: APPLYING THE COUNT BACK LINE ENTRY By Daryl Guppy All users must know the correct starting point for the CBL (Count Back Line) calculation. The increasing incidence of double bottoms has led to...
Volatility Bands Percent: From May 2010 issue of Futures magazine: Fixing the Bollinger Bands by David Rooke. Popularized by John Bollinger, who gave them their name, Bollinger Bands are simply a plot of a multiple of the standard deviation of price from its Simple Moving Average (SMA),...
Volatilty Bands: From May 2010 issue of Futures magazine: Fixing the Bollinger Bands by David Rooke. Popularized by John Bollinger, who gave them their name, Bollinger Bands are simply a plot of a multiple of the standard deviation of price from its Simple Moving Average (SMA), both...
Linear Regression Study: Linear regression line with an addition of standard error channel projection. Linear regression attempts to model the relationship between two variables by fitting a linear equation to observed data. One variable is considered to be an explanatory variable, and the...
WSO & WRO Channel: Indicator based on "Automated Support And Resistance" article by Mel Widner published in TASC. This version shows channel on chart instead of displaying oscillator values in a separate window. That way it can be effectively used for support and resistance handling....
WSP & WRO: Indicator based on "Automated Support And Resistance" article by Mel Widner published in TASC. Two oscillators are defined: the WSO (Widner Support Oscillator) and the WRO (Widner Resistance Oscillator). The WSO compares the current Close with the most recent six support levels....
FAT PANEL: The Panel Designed for "Best Graphic Panel in MQL5" Contest. This graphic panel allows to automate manual trading. It has many functions, including the visual construction of trading strategies.This graphic panel allows to automate manual trading. It has many functions, including the...
AfterEffects: Trading robot based on the theorem "On the presence of memory (aftereffects) in random sequences". Author: Yury Reshetov
New article Universal Expert Advisor: Integration with Standard MetaTrader Modules of Signals (Part 7) has been published: This part of the article describes the possibilities of the CStrategy engine integration with the signal modules included into the standard library in MetaTrader. The article...
Hurst Exponent: The Hurst Exponent is used as a measure of long-term memory of time series. It relates to the autocorrelations of the time series, and the rate at which these decrease as the lag between pairs of values increases. Studies involving the Hurst exponent were originally developed...
Fractal Dimension - Jurik: A lot of people have attempted to build indicator that assesses if there is a trend going on or the market is ranging. One of them was Mark Jurik too. This is his version of fractal dimension. Version from Mark Jurik is much smoother than the others but the general...
Fractal dimension index (Sevcik/Matulich): According to the description of Fractal Dimension Index: Mandelbrot describes the Fractal Dimension Index (FDI) as a way to measure "how convoluted and irregular" something is. The FDI can be used as a stock market indicator. We can look...
Fractal dimension - Ehlers: Based on the June 2010 issue of TASC article by John Ehlers and Rick Ways "Fractal Dimension As A Market Mode Sensor". Short descriptions of their interpretation of fractal dimension would be the following: Fractal dimension There is no argument that...
RSI accumulated (floating levels): RSI accumulated (floating levels). Author: Mladen Rakic
CCI Simple Experiment: CCI experiment using adaptive calculation period. Author: Mladen Rakic
Heiken Ashi Smoothed Oscillator: Extending the Heiken Ashi Oscillator. Heiken Ashi Oscillator tends to have a lot of signal. So many signals that sometimes it is impossible to use it reasonably in trading. This version is attempting to bring that into reasonable bounds. Instead of using the...
Heiken Ashi Oscillator: This is one of indicators that falls into the price oscillators family. Instead of using "pure price" this indicator uses Heiken Ashi values to determine the trend as well as the "strength" of the trend. Additional signal line is added for two purposes: To use it as...
Stochastic volatility: The indicator is made after the original work and idea of Francesco G. Cavasino (described in his published article "Stochastic volatility"). Original stochastic (OriginalStoch input variable in the code or Calculate using original stochastic option in the inputs tab...
An Expert Advisor, based on Bollinger Bands: This Expert Advisor is based on Bollinger Bands. It uses trend-following strategy (DEMA) and Bollinger Bands indicator. It shows a stable profit in Strategy Tester during last 17 years (EURUSD M30). The Strategy:Open long position: DEМА is growing up...
Laguerre stripped of RSI: Laguerre stripped of RSI "experiment". Author: Mladen Rakic
Session Open H-Line: Draws a Horizontal Line at Session Open: On the hour (09:00, 15:00 etc) or any minute past the hour (9:30, 18:47 etc). Author: file45
Alligator: Alligator indicator is a combination of Balance Lines (Moving Averages) that use fractal geometry and nonlinear dynamics. Author: MetaQuotes Software Corp.
ProfitLine: The indicator draws line for quick calculation of potential profit/loss. Author: Matus German
EMA Levels MTF: There seems to be at a moment serious lack of multi timeframe versions of MetaTrader 5 indicators. Since there is no real reason for that, here is one more multi timeframe version. This is a multi timeframe version of EMA Levels. Timeframes supported are all the possible...
New article MQL for "Dummies": How to Design and Construct Object Classes is published: By creating a sample program of visual design, we demonstrate how to design and construct classes in MQL5. The article is written for beginner programmers, who are working on MT5 applications. We propose a...
Improve: An Expert Advisor based on two iMAs (Moving Average,MA) and one iRSI (Relative Strength Index, RSI). It tracks virtual profit. Works on two symbols. Author: Vladimir Karputov