The indicator shows the channel based on fractals.
Quite an interesting method of a channel creation. Despite its simplicity, it can be useful for flat level analysis (for example, in case you have been absent for some time and now you want to quickly observe recent market...
NRTR Rosh v2:
This indicator marks its values depending on the current trend.
In case of a downward trend, the indicator is colored red and magenta. In case of an upward trend, it is colored lime and aqua. When prices are rising, the level where crosses are set is a support line. When prices are...
This trend indicator shows the current trend direction and moments for closing of the opened position.
There are 3 variants of the indicator:
As a line (Variation.mq5);As a line with color depending on current trend (ColorVariation.mq5);
As a line with additional JMA-smoothing for...
T3 indicator is proposed by Tim Tillson in 1998.
The reason of development of this new moving average was to improve the noise filter and decrease a lag, presented in most of the moving averages. The indicator is based on multiple exponential smoothing of price. Trade signals are: buy when...
Mesa Adaptive Moving Average (MAMA) indicator.
The indicator is a moving average based on the EMA algorithm and adapted to a financial instrument current volatility. The indicator consists of two averages - fast MAMA (green line) and slow FAMA (red line). Crossover of the averages provide...
Stochastic Oscillator equivalent with a minimum lag.
This Stochastic Oscillator equivalent is based on four Stochastic Oscillators. All the indicator options are configured as the indicator's external parameters. But note that some variables are not independent and must be...
Fast Trend Line Momentum (FTLM) and Slow Trend Line Momentum (SLTM) indicators show the rate of price change.
FATL and SATL are calculated the similar way as Momentum indicator.
Author: Nikolay Kositsin
Module of Trade Signals, based on Chande Momentum Oscillator:
The signals are formed at completed bars. Chande Momentum Oscillator is used as a custom indicator for module of trade signals.
The Downward crossover of -50 level is a signal to open a long position, the upward crossover of 50 level...
CoeffofLine indicator shows the most likely future price direction (2-3 bars).
The indicator depends on symbol, timeframe and period. If the indicator is turned up, it's a signal to open long position. A signal to close long position is: turn down of the indicator and a confirmation...
The indicator that demonstrates the power of price changes entropy.
The entropy is the measure of the disorder of the system. The entropy is calculated using the Maximum Entropy Method.
If we try to evaluate it according to its indicative attributes without paying much attention to its...
Module of Trade Signals, based on BrainTrend2 indicator:
A Lime candle of BrainTrend2 indicator is a signal to open a long position, a Magenta candle is a signal to open a short position. The signals are formed on the completed bars (candles).
To use this module of trade signals in MQL5 Wizard,...
Module of Trade Signals, based on BrainTrend1 indicator:
A blue candle is a signal to open a long position, a red candle is a signal to open a short position. The signals are formed on the completed bars (candles).
The original version of BrainTrend1 has 4 parameters, but only 2 of them are used...
New article Enhancing the Quality of the Code with the Help of Unit Test has been published:
Even simple programs may often have errors that seem to be unbelievable. "How could I create that?" is our first thought when such an error is revealed. "How can I avoid that?" is the second question which...
BrainTrend1Stop is a trend reversal indicator. Intersection of the stops line by a price indicates trend reversal and the time to close previously opened positions.
BrainTrend1Stop algorithm is based on the ATR and Stochastic Oscillator indicators. In this version the values of...
BrainTrend1Sig is a market indicator for positions opening and closing.
It indicates trend reversal points when a price reaches extreme values and the most convenient time for market entry or exit comes.
The algorithm is based on the ATR and Stochastic Oscillator indicators. In...
BrainTrend1 is a market direction indicator.
It indicates trend directions in colors. When a price changes or stays in an up-trend, the candlesticks are colored in blue. When a price changes or stands in a downtrend, the candlesticks are colored in red. In case a price changes its...
New article The Player of Trading Based on Deal History is published:
The player of trading. Only four words, no explanation is needed. Thoughts about a small box with buttons come to your mind. Press one button - it plays, move the lever - the playback speed changes. In reality, it is pretty...
BrainTrend2Stop is a trend reversal detection indicator, it is displayed by the stops line. Intersection of the line indicates trend reversal and the time to close previously opened positions.
BrainTrend2Sig algorithm is based on the processing of ATR and Stochastic Oscillator...
BrainTrend2Sig is an indicator of the market trends that assigns colors to candlesticks according to the trend direction.
While there is a downward trend on the market, all candlesticks are colored in red. As soon as the trend is upwards, all succeeding candlesticks will be colored...