Articles, Library comments - page 216

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GannZigZag: Gann angles inscribed in ZigZag. Author: John Smith
FTLM_hist: The FTLM hist indicator is one of many digital indicators that emerged after some of the articles by Vladimir Kravchuk. Author: John Smith
StrangeIndicator: This indicator belongs to the oscillator group. Author: John Smith
T3 TRIX (ROC of T6): The TRIX indicator represents the rate-of-change percentage, smoothed by the exponential МА of the closing price. Author: John Smith
Linear Regression: When applied to financial markets this method is usually used to determine the moments of prices extreme deviation from the "standard" level. Author: John Smith
T3_adx_+di_-di_burst: Smoothing for the ADX indicator. Recalculates the specified number of bars at every tick (not optimized) Author: John Smith
BW-wiseMan-1: The first version of the wlxBWWiseMan indicator. Displays the candles of trend changes. Author: John Smith
Import of "minute bars" from Script for preparing the "minute bars" from to be imported to MetaTrader 4 Sometimes the quote archive lacks "small" data (for example, "minute bars"). For example, for gold: the minute bar history covers the period from 2006 to date...
Trend power (stop loss): The indicator is based on comparison of the current price to six simple moving averages with the periods 10, 20, 30, 40, 50 and 60. The values of the indicator are fixed: -100, -66, -33, 0, 33, 66, 100. Author: John Smith
ICWR.a: The script plots one Fibo line based on the latest ZigZag. This is a remarkable tool to get rid of unnecessary work for those who constantly place Fibo grids (the majority). Author: John Smith
ICWR v0: The indicator plots four different Fibo lines based on four latest ZigZags. Useful when applied on the higher timeframes. Author: John Smith
StocRSI: Superposition of Stoch and RSI. One of the most commonly used indicators. This is the most fortunate and useful indicator. Author: John Smith
3-line MACD: This indicator adds a smoothing curve to the MACD. Author: John Smith
BBhisto: One of the most interesting modifications of Bollinger bands. It shows the standard deviation in the bar representation. Author: John Smith
BBwithFractdev: Literally, "Bollinger bands with a fractional ratio of deviation." Author: John Smith
Murrey_Math_Line_X: Murrey Math (ММ) is a trading system suitable for any markets. The MM system comprises two main components: geometry, used for measuring the price movements of the specified market, and a set of rules based on the Gann technique and Japanese candlesticks. Author: John Smith
3shadeopen: One of the indicators that display the session times. Author: John Smith
Time1: The idea of this indicator is quite simple: draw lines to remember the current phase of the market and who "rules" the market. Author: John Smith
Instantaneous Trend Line: One of the indicators I recommend to novices as the entry indicator. Author: John Smith
Pattern: Displays the type of candlestick or small pattern in accordance with the general setting. Author: John Smith
DJ Lines: The DJ Lines belongs to the Pivot group. All similar indicators operate on the principle - «Based on the values of the previous day (days) it is possible to calculate a point, passing which would mean a change in the trend». Author: John Smith
Keltner Channels: If you like plotting channels, I recommend plotting them yourself. This is particularly true for the slope channels. However, if you use channels merely as filters or simply like to set alerts on these levels, then the indicator will be useful. Author: John Smith
NB_SHI_Channel: Really useful channel indicator. Author: John Smith
Dynamic Zone RSI: In classical literature, the relative strength index is described as the "price-following oscillator that ranges between 0 and 100, and signals the market sentiment to change the trend at high (close to 100%) or low (close to 0%)... Author: John Smith
ADXDMI: A modification of the popular ADX indicator. Author: John Smith
Kaufman: Kaufman Moving Average. There is more than enough information on the moving averages, therefore it will not be elaborated. Suffice to say that it can be used most productively in conjunction with others. Author: John Smith
4Period_RSI_Arrows: The 4Period RSI Arrows indicator Author: John Smith
Channel based on the Fibo levels: Moving average channel based on the Fibo levels Author: Александр
RSI_BANDS_MA: Indicator based on the data of multiple RSI, Bollinger, MAverage. Beautifully displays the areas for buying and selling. Recoups 30-90 points, depending on the currency. Author: Babon
4 Period MA: Indicates the number of periods for the calculation of the average line. Author: John Smith