Articles, Library comments - page 223

New article Evaluation of Trade Systems - the Effectiveness of Entering, Exiting and Trades in General is published: There are a lot of measures that allow determining the effectiveness and profitability of a trade system. However, traders are always ready to put any system to a new crash test. The...
Fractal Dimension Index: The Fractal Dimension Index determines the amount of market volatility. The easiest way to use this indicator is to understand that a value of 1.5 suggests the market is acting in a completely random fashion. Deviation from 1.5 indicates a possible profit. The possibility...
Stochastic DeMarker: DeMarker indicator is used in technical analysis to compare the most recent price action to the previous period's price in an attempt to measure the demand of the underlying asset. This indicator is generally used to identify price exhaustion and can also be used to...
Fractals Chaos Oscillator: A different way of looking at the fractals: instead of showing fractals the usual way, this indicator shows fractals as an oscillator and can show the "rhythm" of the changes in the market. Author: Mladen Rakic
Dsl - Balance of Market Power: Balance of Power, introduced by Igor Livshin attempts to measure the strength of buyers vs. sellers by assessing the ability of each to push price to an extreme level. Livshin published this indicator in the August 2001 issue of Stocks and Commodities Magazine....
Average Directional Movement Index, ADX: Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend. Author: MetaQuotes Software Corp.
New article Deep Neural Networks (Part IV). Creating, training and testing a model of neural network has been published: This article considers new capabilities of the darch package (v.0.12.0). It contains a description of training of a deep neural networks with different data types, different...
Unseasonalised Average Trading Range and Forecast for monthly charts: Best used on monthly candlestick charts with four decimal points to a pip (use the JPY version for other pairs). This EA calculates the likelihood of your desired range of pips being hit based on two years of past trading ranges...
DSL - stochastic: The Stochastic Oscillator is a Momentum indicator comparing the closing price of a security to the range of its prices over a certain period of time. The sensitivity of the oscillator to market movements is reducible by adjusting that time period or by taking a moving...
DSL - WPR: Williams' Percent Range Technical Indicator (%R) is a dynamic technical indicator, which determines whether the market is overbought/oversold. Williams' %R is very similar to the Stochastic Oscillator. The only difference is that %R has an upside down scale and the Stochastic...
Kalman bands: This is a conversion of Kalman bands originally developed by Igor Durkin. Values are the same as MetaTrader 4 version except that we are using possibilities that MetaTrader 4 does not have to make the indicator easier to use. The original was posted here : https://www.mql5...
FibonacciPivot: Fibonacci indicator drawing levels on previous day. Author: noloxe
New article Night trading during the Asian session: How to stay profitable has been published: The article deals with the concept of night trading, as well as trading strategies and their implementation in MQL5. We perform tests and make appropriate conclusions. Let's take the popular EURUSD pair....
Positive Volume Index: This indicator, recognizing trends in an early stage, can be used to get ready for a break-out scenario. Author: Alexander Kocian
DSL - DEMA MACD: Variation of a long known and useful MACD indicator. This version is using: DEMA (Double Exponential Moving Average) instead of using EMA (Exponential Moving Average) for MACD calculation, DSL (Discontinued Signal Lines) and instead of using one signal line uses two. That...
Composite RSI: Composite RSI Author: Mladen Rakic
DSL - TEMA MACD: Variation of a long known and useful MACD indicator. This version is using: TEMA (Triple Exponential Moving Average) instead of using EMA (Exponential Moving Average) for MACD calculation DSL (Discontinued Signal Lines) and instead of using one signal line uses two....
Stochastic RVI: Stochastic and RVI (Relative Vigor Index) - both indicators measure overbought and oversold area of the market movement. This indicator combines them both in one single indicator - Stochastic of Relative Vigor Index. It emphasizes the overbought and oversold regions, It...
Dsl - MACD: Dsl (discontinued signal lines) - MACD. Author: Mladen Rakic
New article Patterns available when trading currency baskets has been published: Following up our previous article on the currency baskets trading principles, here we are going to analyze the patterns traders can detect. We will also consider the advantages and the drawbacks of each pattern and...
Inverse Fisher RVI: Relative Vigor Index indicator used in technical analysis to measure the conviction of a recent price action and the likelihood that it will continue. The RVI compares the positioning of a security's closing price relative to its price range, and the result is smoothed by...
Fisher RVI: Relative Vigor Index (RVI) indicator is used in technical analysis to measure the conviction of a recent price action and the likelihood that it will continue. The RVI compares the positioning of a security's closing price relative to its price range, and the result is smoothed...
Stochastic Momentum Index: The Stochastic Momentum Index (SMI) was developed by William Blau and was introduced in the January 1993 issue of Technical Analysis of Stocks & Commodities magazine. It incorporates an interesting twist on the popular Stochastic Oscillator. While the Stochastic...
T3 Stochastic Momentum Index: The Stochastic Momentum Index (SMI) was developed by William Blau and was introduced in the January 1993 issue of Technical Analysis of Stocks & Commodities magazine. It incorporates an interesting twist on the popular Stochastic Oscillator. While the Stochastic...
Directional Efficiency Ratio: The Efficiency Ratio (ER) was first presented by Perry Kaufman in his 1995 book "Smarter Trading". It is calculated by dividing the price change over a period by the absolute sum of the price movements that occurred to achieve that change. The resulting ratio...
Pivot Only: This is a simple indicator showing pivot only for H1, H4, daily, weekly and monthly. Author: Siti Latifah
MACD TEMA: In an article "Smoothing Data With Less Lag" that was a continuation of his research for less lag signaling MACD, Patrick Mulloy decided to use TEMA (Triple Exponential Moving Average) instead of using EMA. Patrick Mulloy: Two opposing properties are always at work in the standard...
MACD DEMA: In his TASC January 1994 article "Smoothing Data With Faster Moving Averages", Patrick Mulloy describes a MACD that does not use EMA for MACD calculation but uses DEMA (Double Exponential Moving Averages). According to him: Patrick Mulloy: By simply extracting the estimate for the...
Simulator regular expressions: The script allows you to try regular expressions. Author: Vladimir Karputov
RFR Expert Advisor: The strategy is based on the breakout of daily support and resistance levels. It was backtested and forward tested using real tick with 99% quality with a success rate even with a small account balance. Best use on EURUSD pair but can also use on other pair with the...