Money Flow Index (MFI):
Money Flow Index (MFI) is the technical indicator, which indicates the rate at which money is invested into a security and then withdrawn from it. Construction and interpretation of the indicator is similar to Relative Strength Index with the only difference that volume is...
The channel is based on the prices extreme values for a period. Central line, upper and lower channel borders values are determined by calculation of the Pivot Points used as assumed support and resistance levels.
Author: Nikolay Kositsin
New article Technical Indicators and Digital Filters has been published:
For several years, Code Base has accumulated a large number of indicators. Many of them are copies of one another with only slight modifications. After many hours of visual comparison of indicators on the chart, we could not...
The indicator builds a candlestick chart consisting of floating spread current values in online mode.
The main objective is observation of a definite broker spread changes. The indicator displays candlesticks online only, the candlestick chart is not saved and stored anywhere...
SpreadInfo displays current spread, its average value and their ratio in one of the chart corners. Font type, color and size can be customized in the input parameters.
СMoving_Average class of the SmoothAlgorithms.mqh library is used for the indicator compilation.
This indicator will calculate pips wins and losses for any pair with a parsar and doji star trading strategy. You can see pip targets and losses and see if you can find a winning pair with this. 5MIN charts are the best on current settings.
Author: Louis Stoltz
20/200 pips - Simple profitable Expert Advisor:
It has simple code and trading rules. It's doesn't use any martingale MM strategies.
At some moment we look at the price difference for a certain time. If the price difference is negative and greate than some specified bias, we sell, if it positive,...
Market Profile is a tool widely used by futures traders.
Market Profile MetaTrader is a standard solution of the Market Profile that displays the statistical time distribution of the price, price area and control value for the day trading session. The indicator is based on the...
Heiken Ashi based EA:
An Expert Advisor based on Heiken Ashi indicator.
The advantage of the Heiken-Ashi charts is a simple trend determination, the upward trend candles are blue,the downward trend candles are red.
Example of using IndicatorSetDouble() function. This is an indicator that turns upside down the maximum and minimum values of the indicator window and values of levels, on which the horizontal lines are placed.
A trend indicator drawn in the form of a colored histogram:Above the overbought level - pink;Above zero but below the overbought level - brown;Below zero, but above the oversold levels - green;Below the oversold level - lime.
Author: Nikolay Kositsin
A trend indicator with three states. During strong trends it colors bars in red or green depending on trend direction.
The indicator is based on the values of the MACD histogram on a weekly chart and the Force Index oscillator on a daily chart. Green bars occur during...