Articles, Library comments - page 323

RSI Fan: A fan of RSI indicators, the period of which is defined by one of the four progressions Author: o_O
Break_Lag_ATR: A bit enhanced volatility indicator (ATR) for a specified period. A breakout is deemed to be genuine, if the body of a formed bar exceeds average true range (ATR). ABS (Close-Open) candlesticks body size is displayed as a histogram. Histogram green columns show volatility breakout...
  Indicators: ZeroLag MACD  (13   1 2)
ZeroLag MACD: The MACD oscillator with zero lag. This oscillator is MQL5 version of ZeroLag MACD indicator, published in Russian section of MQL4 CodeBase. This indicator provides a signal few bars earlier, compared with standard MACD and its divirgence is much more clear. Author: Andrey...
MACD Histogram, multi-timeframe, multi-color: This MACD indicator can be applied to any timeframe, higher or lower than the current chart's timeframe. The values can be calculated based on any of the usual price types. When the indicator is applied to a timeframe lower than the current chart's...
DMA (Displaced Moving Averages): Displaced Moving Averages Fig.1 The Displaced Moving Averages indicator. Author: Nikolay Kositsin
RSI multi-timeframe: This RSI (Relative Strength Index) indicator can be applied to any timeframe, higher or lower than the current chart's timeframe. NOTE: If you want to create your own multi-timeframe indicators, this RSI MTF indicator is a good example. It has only one buffer so the code is...
Multi RSI: Eight RSI (Relative Strength Index) technical indicators with various input parameters values are displayed in one window. Author: Nikolay Kositsin
ColorRVI_HTF: The classic version of the RVI indicator (Relative Vigor Index) that can be arranged so that the time frame of the indicator is fixed at a value different from the chart time frame. The indicator is displayed as a cloud. Author: Nikolay Kositsin
  Indicators: XRVI  (1)
XRVI: Relative Vigor Index (RVI) calculation is based on the idea that close prices are usually higher than the open ones during an uptrend. The oscillator is smoothed to exclude occasional price fluctuations. The signal line is generated the same way. The main advantage of this variant of the...
AroonSignal: The signal indicator based on the Aroon indicator values. Fig.1 The AroonSignal Indicator Author: Nikolay Kositsin
ColorRSI: RSI with the colored signal levels Fig.1 the ColorRSI indicator Author: Nikolay Kositsin
  Indicators: RSICandle  (12   1 2)
RSICandle: The RSI indicator implemented as a sequence of candlesticks Author: Nikolay Kositsin
iBBFill: The indicator plots the Bollinger Bands, filled with different colors depending on the trend direction. If the price crosses the upper bound (upward trend), the Bollinger Bands fills with blue color, if it crosses the lower bound (downward trend), the Bands filled with pink color. If the...
ColorMACD: Standard MACD histogram with coloring (the signal line is colored in red or lime according to the current trend direction). The indicator allows to select averaging algorithm for the histogram itself. Author: Nikolay Kositsin
Aroon Oscillator: Aroon Oscillator predicts price changes from trend to flat market conditions. In the Sanskrit language "aroon" means "dawn's early light". This indicator predicts price changes from trend to flat market conditions. AroonOscillator analysis includes three main signals. Reaching...
ChandeQStick: The QStick indicator is a simple n-period moving average of the price difference: QStick = SMA(Period, (Close - Open)) QStick can be used as a simple replacement of candlesticks. Positive values ​​of QStick indicate a prevalence of "white" candlesticks in the n-period interval,...
Gann_Hi-lo_Activator_SSL: A simple indicator, a good one for MQL5 beginners Author: Nikolay Kositsin
Gann Hi-Lo Activator SSL: A simple trend indicator Author: Andrey Voytenko
Trend Score: A simple trend indicator based on counting of the number of bullish and bearish candlesticks. Author: Serhii Ivanenko
Average Directional Movement Index (ADX): Average Directional Movement Index technical indicator (ADX) helps to determine the market trend. It was developed and described in detail by Welles Wilder in his book "New concepts in technical trading systems". The simplest trading method based on the...
Stochastic Momentum Blau_SM: Stochastic Momenum (Stochastic Momentum, SM) by William Blau (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis). The q-period Stochastic Momentum is defined as a distance of the current close from the midpoint of q...
  Indicators: TTF  (1)
TTF: The TTF classic indicator with T3 smoothed method and a signal line Fig.1 The TTF indicator Author: Nikolay Kositsin
Ultimate Oscillator: Usually oscillators compare the smoothened price of a financial tool and its value n periods ago. Larry Williams once noticed that the efficiency of such oscillator can vary and depends on the number of single periods you take for the calculation. So he created the Ultimate...
Linear regression slope: Linear regression slope normalized to SMA (simple moving average). the SMA normalization was chosen for the indicator. Also, because of very small values of the LRS, the indicator values are calculated and plotted in parts per 100 thousand to fit roughly into the range of...
Triple Exponential Moving Average (TEMA): Triple Exponential Moving Average (TEMA) technical indicator was developed by Patrick Mulloy and published in the "Technical Analysis of Stocks & Commodities" magazine. The principle of its calculation is similar to Double Exponential Moving Average...
Blau_TSI: True Strength Index (TSI, q-period smoothed Momentum, see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis) - is a normalized Momentum indicator developed by William Blau. The indicator values are normalized and mapped into the [–100...
Momentum: The Momentum technical indicator measures the amount that a security’s price has changed over a given time period. There are basically two ways to use the Momentum indicator: You can use the Momentum indicator as a trend-following oscillator similar to the Moving Average...
Kaufman Efficiency Ratio: Kaufman Efficiency Ratio (also called "generalized fractal efficiency") according to Perry Kaufman books "Smarter Trading: Improving Performance in Changing Markets" and "New Trading Systems & Methods". Author: barmenteros
Bollinger Bands ®: Bollinger Bands ® technical indicator (BB) is similar to Envelopes. The only difference is that the bands of Envelopes are plotted a fixed distance (%) away from the moving average, while the Bollinger Bands are plotted a certain number of standard deviations away from it....
Bears Power: Everyday trading represents a battle of buyers ("Bulls") pushing prices up and sellers ("Bears") pushing prices down. Depending on what party scores off, the day will end with a price that is higher or lower than that of the previous day. Intermediate results, first of all the highest...