Articles, Library comments - page 217

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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
3C JRSX H: Through the use of more sophisticated smoothing algorithms this RSI has less delay and smoother shape of the curve. Author: John Smith
FanSimple8: The FanSimple displays the correctness of reversal of the moving averages fan on different timeframes. The indicator includes four moving averages with the values 5, 21, 55, 233, that are displayed on the chart. Author: John Smith
CatFX50: The CatFX50 is an easy and winning system, but it is not so simple. Be sensible and place stops at the distance of 34 pips. Author: John Smith
3end: Shows when to buy and when to sell. Position is opened when the indicator color changes: if there is a green dot - buy, if there is a red dot - sell. Author: John Smith
Divergence: Displays the situation when the directions of price movement and technical indicators do not coincide. This is mostly seen when the indicator reaches an overbought or oversold area (20;80). Author: John Smith
Diapazon: The indicator displays the ranges. Useful for the visualization of various "zones". Author: John Smith
DayImpuls: Simple indicator with great potential for the analysis of data and its use. Author: John Smith
Custom MACD: Displays the difference between the long-term and short-term market sentiments relative to the price. Author: John Smith
Lsma: The LSMA is used for confirmation of counter-trend signals. Author: John Smith
Range: The Range indicator displays the index of the range expansion and is an oscillator for the market calculation. Author: John Smith
FX-CHAOS: Indicators for the "Chaos" trading system described in the third book by Bill Williams (Bill Williams and Justin Williams. Trading Chaos - Second Edition). Author: Pavel
ZZ_All Quotings 0-0050: The ZZ_All Quotings 0-0050 script is designed for downloading history on all currency pairs, metals, known indices, CFD and for controlling "holes" in history. The script implements the option to skip the download of any instrument group and to control the "holes" in history...
SymbolLister: A simple function that creates a list of the available currency pair symbols. Actually, there is nothing more to add to the description. The function is simple, it creates a list of currency pair symbols by iterating over the combinations of the abbreviated names of the currencies...
Movment: The indicator shows direction of movement and rollbacks. Author: Dmitry Fedoseev
awo Holidays: The awo Holidays EA reports the status of the next day: working day, weekend or holiday. Author: Алексей
History analysis on presence of holes and gaps: The history_data_analysis_v3 script checks the history for missing bars, determines the size of the holes, gaps and makes a list of them. Author: Дмитрий
Converting hst-files into csv files: The hst2csv script is used for converting *.hst files to *.csv files, that can be imported into the MetaTrader 4 client terminal with no errors. Author: Дмитрий
The WaveMarker script set: A set of scripts for quick drawing the Elliott waves. Author: Dmitry Fedoseev