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LSMA Trend: Indicator based on linear regression value or, as it is sometimes known - LSMA (Least Squares Moving Average). It shows the trend of the used average and displays it as a sort of an oscillator. Author: Mladen Rakic
Historical Volatility Bands - High/Low: Historical Volatility bands that are constructed using: Average as the middle line, Upper and lower bands using the Historical Volatility high/low (instead of "regular" Historical Volatility) for bands calculation. Color of the middle line, unlike the...
Historical Volatility Bands: Historical Volatility Bands that are constructed using: Average as the middle line, Upper and lower bands using the Historical Volatility for bands calculation. Color of the middle line, unlike the bands colors, has 3 colors. When colors of the bands are the...
Historical Volatility - High/Low: Historical Volatility (HV) is a statistical measure of the dispersion of returns for a given security or market index over a given period of time. Generally, this measure is calculated by determining the average deviation from the average price of a...
Historical Volatility: Historical Volatility (HV) is a statistical measure of the dispersion of returns for a given security or market index over a given period of time. Generally, this measure is calculated by determining the average deviation from the average price of a financial...
e_OnMA_004: EA is based on 2 MA (High and Low). Long position will occur when Ask > MA(High) and Short position - when Bid Author: Leonid Basis
Trend Envelopes of Averages Histogram: Trend Envelopes indicator made as histogram. This version also has an additional option to smooth prices prior to be used in calculation (the option that can help filtering out some of the signals). Author: Mladen Rakic
New article Universal Expert Advisor: Trading Modes of Strategies (Part 1) has been published: Any Expert Advisor developer, regardless of programming skills, is daily confronted with the same trading tasks and algorithmic problems, which should be solved to organize a reliable trading process. The...
BB Stops - Smoothed WPR: BB Stops indicator of smoothed WPR. Smoothing types that can be applied to WPR are the usual 4 basic types of averages: SMA, EMA, SMMA, LWMA To avoid WPR smoothing (in which case it becomes an original WPR) use smoothing periods that is less than or equal to 1....
Volatility Quality - on chart: Volatility Quality indicator made "on-chart". It can display values as: Bars , Candles , Lines When values are displayed as lines, then the average of Close is used for displayed line. The color is based on...
Super Trend - Extended: Super Trend indicator extended with additional display types: Bars , Candles , Lines , Automatic - depends on the chart type and adjusts the display automatically. Author: Mladen Rakic
Super Trend: Super Trend indicator is probably one of the most known for MetaTrader 4. This version is for MetaTrader 5. There are basically two versions of Super Trend, and this one is made as the first version: it is based on CCI indicator values. Some extensions are made compared to that...
RSI Candles with Trend Envelopes: RSI Candles (RSI that calculates RSI of High, Low Open and Close and displays those values as candles) with an addition of Trend Envelopes. Since the Trend Envelopes are used on the set of Open, High, Low and Close price it only seems logical that it can be...
CCI Candles of Averages: CCI indicator made as candles. Four different CCIs are calculated: CCI of smoothed High, CCI of smoothed Low, CCI of smoothed Open, CCI of smoothed Close Those 4 values are then combined into a "candles" display of CCI. It can be used as usual CCI (using some...
CCI Candles: CCI indicator made as candles. Four different CCIs are calculated: CCI of High, CCI of Low, CCI of Open, CCI of Close Those 4 values are then combined into a "candles" display of CCI. It can be used as usual CCI (using some significant levels) or you can check when the zero...
RSI Candles - Smoothed: Combination of 4 RSI values (RSI of High, Low, Open and Close) displayed as candles. This version has additional option to enable prices pre-smoothing prior to be used in calculation, which makes it an RSI-of-MA combination. To avoid prices pre-smoothing, use...
RSI Candles: One possible way of normalizing prices into a known bound. This is a RSI of High, Low, Open and Close displayed as color candles in it's own sub-window. The interesting is that the prices are reflected in a very close manner to a known 0 to 100 range and that opens a lot of new...
Trend Envelopes - RSI: Trend Envelopes variation of RSI indicator. The RSI indicator used in this version can be pre-smoothed. That is done in order to avoid too much false signals. Pre-smoothing method used can be one of the basic averages types (SMA, EMA, SMMA or LWMA) or, if you use...
Trend Envelopes: Trend Envelopes indicator is calculated based on a % of price change. That % is then used to determine if there is a new trend or trend remains the same. This indicator is using only % deviation for calculation and that is the only parameter needed for calculation. It is...
Advanced ADX: The Average Directional Index (ADX) is a trend indicator used to measure the strength and momentum of an existing trend. This indicator's main focus is not on the direction of the trend but with the momentum. The ADX is a combination of two price movement measures, the positive...
MAMA + FAMA Multi Timeframe: The MESA Adaptive Moving Average (MAMA) and the Following Adaptive Moving Average (FAMA) combination (originally published here MAMA + FAMA) made to be multi timeframe. Timeframes supported are all the possible timeframes supported by MetaTrader 5 and it has 3...
Heiken Ashi Arrows with Alert: Buy and Sell Arrows based on Heiken Ashi candles. Author: Nitin Raj
BSI Trend and Channel: This indicator shows trend line or channels (using the BSI Indicator). Author: fxborg
Tango Line: This indicator is a sharp turn to the dynamic change of direction. Like tango steps! Author: fxborg
Stop Loss Mover: This EA automatically moves your stop loss to break even at a predefined level. Author: wrlcpa
New article Handling ZIP Archives in Pure MQL5 has been published: The MQL5 language keeps evolving, and its new features for working with data are constantly being added. Due to innovation it has recently become possible to operate with ZIP archives using regular MQL5 tools without getting third...
StochPosition: StochPosition is an indicator for MetaTrader 4 based on Stochastic Indicator, which shows the position and direction of Stochastic in M5 timeframe up to W1 timeframe. Author: Roberto Jacobs
New article Graphical Interfaces XI: Rendered controls (build 14.2) has been published: In the new version of the library, all controls will be drawn on separate graphical objects of the OBJ_BITMAP_LABEL type. We will also continue to describe the optimization of code: changes in the core classes of...
Donchain counter: A trading system based on the Donchian Channel indicator. Donchian Channel indicator values are used as signals for opening a position and applying the trailing stop function. An example of a BUY signal: if the upper buffer of the indicator on the first bar is greater than that on...
Envelopes: Envelopes technical indicator is formed with two Moving Averages, one of which is shifted upward and another one is shifted downward. The selection of optimum relative number of band margins shifting is determined with the market volatility: the higher the latter is, the stronger the...