New article Checking the Myth: The Whole Day Trading Depends on How the Asian Session Is Traded has been published:
In this article we will check the well-known statement that "The whole day trading depends on how the Asian session is traded".
The MovingAverages library is a part of Standard package of MetaTrader 5 client terminal.
The library contains functions for calculation of different types of moving averages. Totally, there are 8 functions that can be divided into 2 groups of functions of the same type, each...
Double Exponential Moving Average (DEMA):
Double Exponential Moving Average technical Indicator (DEMA) was developed by Patrick Mulloy and published in February 1994 in the "Technical Analysis of Stocks & Commodities" magazine.
It is used for smoothing price series and is applied directly on a...
Class CalcFrac - Number of bars before and after the current High / Low (calculated fractal):
Calculates fractals and lets you specify the number of bars separately before and after the current High / Low (fractal).
Author: Alexander P.
Vortex Indicator System:
A trading system based on the Trading Idea presented in the article "The Vortex Indicator" published in the January 2010 issue of Technical Analysis of Stocks & Commodities.
Williams’ Percent Range (%R):
Williams’ Percent Range technical indicator (%R) is a dynamic technical indicator, which determines whether the market is overbought/oversold. Williams’ %R is very similar to Stochastic Oscillator. The only difference is that %R has an upside down scale and the...
The Volumes indicator shows volumes with different colors depending on the volume changes.
The Indicator bars have two colors - green and red. The green color means that volume of the current bar is higher than volume of the previous bar. The red color, contrary, means that volume is...
Standard Deviation (StdDev):
Technical indicator named Standard Deviation (StdDev) measures the market volatility.
This indicator charactrizes the scale of price changes relating to the Moving Average. Thus, if the indicator value is large, the market is volatile and the bars prices are rather...
Market Facilitation Index (BW MFI):
Market Facilitation Index technical indicator (BW MFI) is the indicator which shows the change of price for one tick.
Absolute values of the indicator do not mean anything as they are, only indicator changes have sense. Bill Williams emphasizes the...