A smooth non-normalized oscillator implemented in the form of a color histogram.
How does trend change? How to select flat? How to trade? ... etc. If we assume that the trend of N bars is a straight line, we can calculate the parameters of this line. Equation of the line is y = bx...
An indicator of trend power with four states.
The Stochastic oscillator is used s the source of signals. A strong upward trend is marked as a blue bar, a weak upward trend is pale green. A strong falling trend is colored red, a weak falling trend is ginger.
This Camarilla Equation indicator built for all chart bars can be easily used to analyze the behaviour of a financial asset relative to the indicator in history.
Author: Nikolay Kositsin
IREA is an automated trade algorithm based on the idea of that an unusual impact in price changes will be adjusted by an inverse movement (you can see this in many shocks).
It works with the indicator InverseReaction (version 1.1 or higher) and trades on its signals (when the price changes...
The amplitude of price movement statistics - English version:
English version of AllAmplitude.mq4 The original script was posted here: http://codebase.mql4.com/3852 . The output file will be stored in the MetaTrader 4\experts\files\ directory. The file name contains following information:...
The DiNapoli Stochastic indicator based on the traditional Lane stochastic provided by MetaTrader 5 software system. DiNapoli Stochastic demonstrates smoother indicators and therefore gives less false signals in comparison with the traditional oscillator. The indicator is...
New article MetaTrader AppStore Results for Q3 2013 has been published:
Another quarter of the year has passed and we have decided to sum up its results for MetaTrader AppStore - the largest store of trading robots and technical indicators for MetaTrader platforms.
First of all, AppStore for...
Price and Volume Trend (PVT):
Price and Volume Trend (PVT) indicator, like On Balance Volume (OBV), represents the cumulative sum of trade volumes calculated considering close price changes.
The calculation algorithm is close to that of the indicator OBV. But in OBV we add the whole daily volume...
Alligator Technical Indicator is a combination of Balance Lines (Moving Averages) that use fractal geometry and nonlinear dynamics (B. Williams: "New Trading Dimensions: How to Profit from Chaos in Stocks, Bonds and Commodities").
The Blue line (Alligator's Jaw) is the Balance Line for...
The Mass Index is developed to catch the trend reversal points. The mass index was created by Donald Dorcy. In case the movement is considerable the Mass Index goes up, otherwise if it is slight the Mass Index goes down. The daily prices movements are used for this purpose.
New article EA Status SMS Notifications has been published:
Developing a system of SMS notifications that informs you of the status of your EA so that you are always aware of any critical situation, wherever you may be.
Demarker technical indicator (DeM) is based on the comparison of the period maximum with the previous period maximum.
If the current period (bar) maximum is higher, the respective difference between the two will be registered. If the current maximum is lower or equaling the...
New article New opportunities with MetaTrader 5 is published:
MetaTrader 4 gained its popularity with traders from all over the world, and it seemed like nothing more could be wished for. With its high processing speed, stability, wide array of possibilities for writing indicators, Expert Advisors,...
Rogue tick detector:
Detects fake, old, stale, or other erroneous ticks that come to the MT4 platform. These rogue ticks can sometimes cause a take profit, stop loss, trigger orders and/or any price-related action to occur when the price is actually no longer actionable.
Author: Jon Grah