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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...
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....
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
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...
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
OnChart_Stochastic: Stochastic on the price chart. Author: Scriptor
Conqueror: A signal indicator for opening/closing positions. Author: Scriptor
XBarClearCloseTrend: A trend signal indicator. Author: Scriptor
LR_Ratio: The indicator displays the ratio of two LSMAs. Author: Scriptor
LRL: Linear regression line (LSMA) - a moving average calculated by the linear regression method. Author: Scriptor
HA EMA3 Indicator: A Moving Average based on Heiken Ashi candlesticks. Author: Scriptor
BW_Zone_Trading: Modified BW Zone Trading - a modified indicator of Bill Williams' zone trading. Author: Scriptor
DPO_Bar: Detrended Price Oscillator Bar - price chart without a trend. Author: Scriptor
Days of the week color: A colored histogram of the days of the week. Uses the drawing style DRAW_COLOR_HISTOGRAM. Author: Vladimir Karputov
DayTime: An arrow indicator, which compares the daily open price with the close price of an hour. Author: Scriptor