Articles, Library comments - page 248

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...

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...

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

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 ZUP - Universal ZigZag with Pesavento patterns. Search for patterns has been published: The ZUP indicator platform allows searching for multiple known patterns, parameters for which have already been set. These parameters can be edited to suit your requirements. You can also create new...

MA_Alert: Indicator MA Alert. Author: John Smith

EMA_WMA v2: EMA_WMA - Expert Advisor for MetaTrader 5. Intersection of two iMA (MA). Position trailing. This EA is a further development of the first EMA_WMA version. The position trailing function has been added in version 2. Use two lines — WMA 8 and EMA 28. When WMA crosses EMA from below —...

TrueSort_1100: The Expert Advisor waits when the lines of MA(10), MA(20), MA(50), MA(100) and MA(200) get arranged one above the other (or one below the other). The EA has been tested in the "Every Tick" mode on two timeframes: H1 and D1. The following settings were used on H1: Stop Loss = 30,...

sDotToLineDist: A script calculating the distance between a point and a line. Function parameters: double LX1 - the X coordinate of the first point of the line, double LY1 - the Y coordinate of the first point of the line, double LX2 - the X coordinate of the second point of the line, double LY2 -...

WCCI: The Weighted CCI indicator consists of two CCIs (fast and slow), which are calculated taking into account the ratio of two ATRs (fast and slow) and two maximum overbought/oversold levels. The indicator shows two lines in a separate window: the fast CCI line and the slow CCI line. Author...

Futures Portfolio Control Expiration: A portfolio EA for the MOEX FORTS market. The Expert Advisor demonstrates the use of functions from the Current Next Futures script, which enables automatic switch to a new futures before expiration. The EA opens a position of the appropriate volume on three...

Trend_Force: The Trend Force oscillator indicator. There indicator has three input parameters: Period - calculation period, ATR's period - ATR parameter, ATR's coefficient - ATR parameter. Author: Scriptor

RSI_With_Step_MA: A smoothed RSI. RSI calculated using the specified smoothing type is displayed in a separate window. It has five input parameters: RSI period - RSI calculation period, Step - the range for calculating the positive and the negative components of RSI, MA period - smoothing period...

Repulse_Divergence: Divergences of the Repulse oscillator. The indicator has three input parameters: Repulse period - Repulse oscillator calculation period, Signal period - Repulse signal line calculation period, Repulse line - Repulse indicator line to search divergences for: Main -...

Repulse: The "Repulse" oscillator allows finding possible levels of price rebound or rollback from strong levels. It has two parameters: Repulse period - oscillator calculation period, Signal period - signal line calculation period. Author: Scriptor

Psychology_Index: The overbought/oversold indicator, which was first described in "Futures Magazine" in June 2000, under the name of "Psychological Index". It has one input parameter: Period - indicator calculation period. Author: Scriptor

Performance_Index: The Performance Index indicator. The ratio of indices of two instruments (the current and the one selected in inputs) is shown in a separate window. The indicator has four input parameters: Period - calculation period, Method - calculation method, Applied price - the calculation...

JSmooth_MA: A Moving Average with the smoothing type by Mark Jurik. The indicator has two input parameters: Period - calculation period, Applied price - price used for calculations. Author: Scriptor

Important_Extremums: The indicator displays "important" extremum points on the price chart. It has one input parameter: Period - indicator calculation period. Author: Scriptor

ILRS_MA: Integral of Linear Regression Slope (ILRS MA). The indicator has two input parameters: Period - calculation period, Applied price - price used for calculations. Author: Scriptor

Dominant_Color: An indicator of the dominant direction of closing of bars. It has two parameters: Period - period, Method - calculation method. Calculation: DC = MA(Diff) where Diff = Close - Open Author: Scriptor

TriMA: Triangular Moving Average. The indicator has two input parameters:Period - period, Applied price - price used for calculations. Author: Scriptor

Simple_Support_Resistance: An indicator of current support/resistance levels. The indicator has two input parameters: Period - calculation period (* the range for the calculation of maximum and minimum prices), Lines length - the length of the Support/Resistance levels. * The larger the Period, the...

RMO: The tend indicator: Rahul Mohindar Oscillator. The indicator has three input parameters: Period 1 - the period of the first signal line, Period 2 - the period of the second signal line, Applied price - price used for calculations. Author: Scriptor

REMA: Regularized EMA by Cris Satchwell. It has two parameters: Period - period, Applied price - price used for calculations. Calculation: REMA[i] = (REMA[i-1]*(1 + 2*Lambda) + Alpha*(Price[i] - REMA[i-1]) - Lambda*REMA[i-2])/(1 + Lambda) where Alpha=2/(Period + 1),Lambda=0.5. Author: Scriptor

PVI_Smoothed: The SPVI indicator is a smoothed version of the Positive Volume Index. It has two parameters: Smoothing period, Signal line period. Author: Scriptor