The indicator for presenting current spread in real time. It is a very simple still useful indicator for manual trading and market analysis. The indicator shows current spread (in 4-digit format) for the selected instrument. You can specify the place on the chart where indicator shall print the output as well as output color. Please contact the author if any changes are required.
This universal Parallel Lines (PL) indicator can be used both to identify trend direction and to enter the market. It is based on a combination of several moving averages. Strictly and rapidly responds to all changes. Parameters MA_period — moving average period. MA_method — moving average averaging method. Max – maximum number of bars for indicator drawing.The indicator is easy-to-use and consists of two lines. When you determine trend direction: if the blue line is above the red li
GrandMA 4 is an author's implementation of the Adaptive Moving Average indicator. Specify number of bars of historical data in the Period input parameter. The Speed input parameter can have values from 1 to 5 and influences over indicator change speed. The period of averaging of the moving average can be changed from 1 on the trend market to the double value of the Period parameter during flat depending on parameters.
The indicator is based on the two-buffer scheme and does not require any additional settings. It can be used on any financial instrument without any restrictions. The indicator is a known ZigZag, but it does not redraw. The indicator allows to easily detect significant levels on the price chart, as well as demonstrates the ability to determine the probable direction of a price movement. The calculations are based on the candles' Close prices, thus improving the reliability of the levels. Parame
AnotherSymbol displays the relative movement of another symbol on the current chart as candlesticks, High/Low or Close lines. The plotted chart is aligned to the selected Moving Average and scaled by the standard deviation. When sing this data representation the trader should focus not on the absolute values, but on the behavior of the price relative to the Bollinger bands. Another Symbol provides additional opportunities in the pair strategies and cross rates trading. This is the demo version
Statistical principles and methods are invaluable tools in forex. History tend to repeat itself. Indicator uses 3 types statistic: Close>Open and Close<Open Close>Close and Close<Close Close>Close and Close<Close Input Parameters Selection of statistics. Minimum number of bars used by indicator. Underline the key numbers [color red]. Size digits. Color digits [upeer]. Color digits [lower].
Free version of the AcWaveMTF indicator (https://www.mql5.com/en/market/product/17037). Works only on NZD/JPY. AcWaveMTF is the multi-timeframe version of the AcWave indicator (https://www.mql5.com/en/market/product/16973). The difference is that it is now possible to display a channel from the higher timeframe on the chart. This allow to implement the "Triple screen" strategy, when the trend is analyzed on the higher timeframes first (Н4, D1, W1, MN), and then on the smaller ones. If these tre
Spread Panel Panel can be minimized or maximized. Panel color theme user-defined (if you have any better color theme to set, please do tell me). You can move the panel by double click titlebar and drag it. It will set to last position if you reopen your MetaTrader 4 terminal or reload this indicator. Tick sample user-defined (default:10000 ticks). Indicator parameters titlebar_bg - the background color for titlebar. panel_bg - the background color for panel. good_spread
The demo version of the indicator, which does not display data on last 25 bars but is perfect for testing. The Intraday Taker Main indicator displays specific points of potential market entries on the chart. It is based on the hypothesis of the non-linearity of price movements, according to which the price moves in waves. The indicator displays the specified points based on certain models of the price movement and technical data. It has three types of signals. Only arrows are considered trade s
The Simple Waves is a simple indicator that looks for market Highs and Lows. The average price of the candle (High+Low)/2) is used to calculate the indicator values. If the average price is greater than the previous, the High of the candle is used as the indicator value. If the average price is less than the previous, the Low of the candle is used as the indicator value. The indicator does not redraw and has no configurable parameters.
The Greed Master TPSL StopLevels indicator shows lines and numbers which mark the levels below or above which the broker allows placing Take-Profit or Stop-Loss for a trade or place pending orders at Ask and Bid. The indicator also notifies whether trading for the instrument selected in the window is allowed or not. The mini-board at the top left displays the corresponding information.
The indicator calculates the angle between the Highs, Lows and Closes of neighboring bars. The angle can be measured in degrees or radians. A linear chart or a histogram is drawn in a subwindow. You can set the scale for the calculation — floating or fixed. For use in the EA, you need to specify a fixed scale. Parameters Angular measure — degrees or radians. Scale mode for calculation — scaling mode. Free scale — free transformation, the indicator will calculate values each time the ch
The indicator calculates the average price velocity over the specified time period. It is known that the trading time flows unevenly, in bursts. It either goes faster, or slows down. This indicator will tell if the trading time has accelerated and it is necessary to go to the smaller timeframes to search for trade signals. Usage Alert is generated when the price velocity exceeds the specified threshold. The threshold value can be modified using the buttons on the information panel. A .wav file
The Click Info Free is a simple utility that allows the trader to quickly receive information about the High, Low, Open, Close, Time values of the current chart. In order to receive information about a bar, it is necessary to left-click the selected candle. Depending on the settings, either a pop-up Alert or a Comment with the information appears. Information on the bar values (High, Low, Open, Close, Time) can be extremely useful in practice of trading using graphical analysis, evaluation of
This Is An Oscillatory Indicator Which Has OnlyTwo Lines: Main Line - The calculation for this value is based upon the open, high, low and close prices of chosen input parameters (within the set periods.) Signal Line - The Calculation for the signal line is based on the addition (& multiplication) of several moving averages of the Father, Son & Holy Spirit Periods (all applied to the main line's value). Input Parameters Please Note that by way of combination, each input parameter plays
Harrow Band is an indicator based on support and resistance values. This indicator provides six bands that indicate the nearest of support or resistance position. With this indicator, it will be easier to see where entry and exit points of a trade are located. Pairs and Timeframes This indicator can be used in any pairs and timeframes, but it is recommended to use it in XAUUSD H1. Parameters NumCandle - number of candles used to calculate the support and resistance position. BandColor
Этот индикатор предназначен для контроля уровней CCI на текущем и старших от него таймфреймах. Панель управления проста в понимании и состоит из кнопок, с помощью которых можно управлять отображением линий, соответствующим указанным на наименовании кнопок. Цвет кнопки совпадает с цветом линии. Этот индикатор из серии подобных индикаторов, которые уже успели завоевать популярность: https://www.mql5.com/ru/market/product/30276 и https://www.mql5.com/ru/market/product/
This indicator is a tool to measure the relative strength of different currency pairs. It present major currencies strength value base on their relative strength/weakness in custom period of time. Indicator parameters Strength Period - Change the strength period in the settings affects the number of bars used for calculation. The higher the period value, the smoother the indicator lines and the result will represent longer term strength of each currencies, rather than recent strength. D
** MONEY BACK WARRANTY **The indicator allows you to trade binary options. The recommended time frame is М1 and the expiration time is 1 minutes. The indicator suitable for auto and manual trading. A possible signal is specified as a arrows above/under a candle. You should wait until the candle closes! Arrows are not re-painted Trade sessions: London and New York sectionCurrency pairs: EUR/GRBWorking time frame: M1Expiration time: 1 minuteThe indicator also shows good results when using the m
This indicator maps price crossover with Simple Moving Average (SMA) for each candle. Works like a SMA but has non-repaint characteristic. How to Use: As stated before, this indicator works like a SMA. Use this to determine trend. When price is above this line then the uptrend is expected (downtrend if price below the line).2 of these indicator (with different periods) can also generate buy/sell signal like 2 SMAs. When the lower period SMA crosses higher period SMA from below, then buy signal
Индикатор отображает размер бара и его направление. ---------------------------------------- Цвета гистограммы: * Красный - Медвежий бар. * Зелёный - Бычий бар. * Серый - Цена открытия и цена закрытия равны. * Синяя линия - скользящая средняя. ---------------------------------------- Параметры: - Type of Calculation - Тип расчёта ( Low to High, Open to Close ) - Moving Avarage - Период скользящей средней
***IMPORTANT: This free indicator works with the paid for Strong Weak Forex Expert Advisor. The EA also depends on the following custom indicators: Strong Weak Heiken Ashi Strong Weak Parabolic Strong Weak Values Strong Weak Symbols Download them for free in the Market. The EA will not work without it. These are all custom indicators which the Strong Weak Forex Expert Advisor relies on to generate trading signals. If you have any problems with installation send me a message.
Highly configurable Accumulation and Distribution (AD) indicator. Features: Alert functions. Multi timeframe ability (lower and higher TF also). Color customization. Linear interpolation and histogram mode options. Works on strategy tester in multi timeframe mode (at weekend without ticks also). Adj
This indicator allows you to determine the likelihood that the price will reach one or another level. Its algorithm is quite simple and is based on the use of statistical data on the price levels of a particular currency pair. Thanks to the collected historical data, it is possible to determine the extent to which the price will change during the current bar. Despite its simplicity, this indicator can provide invaluable assistance in trading. So, with its help it is possible to
Stable distributions can be used to smooth financial series. Since a fairly deep history can be used to calculate the distribution parameters, such smoothing may in some cases be even more effective than other methods. The figure shows an example of the distribution of the opening prices of the currency pair "EUR-USD" on the time frame H1 for ten years (figure 1). Looks fascinating, doesn't it? The main idea behind this indicator is to determine the paramete
Vola Alarm shows how much the current price of a bar moved since its opening in % of average price movement. If the adjusted level is exceeded, the alarm is triggered. It is very helpful to know: 'In which pair is movement?' The product is interesting for strategies like: 'Open order in opposite direction' or 'Follow strong movement'. The indicator is applicable in every period. A comment in the chart window shows the average of Highs - Lows in points of last x bars. Next it shows Bid - Open
Have you ever had problems with gaps? Than this indicator is for you! If you never had problems with gaps, the Umdria Gap Indicator still can be useful for you. It can help you determine the quality of the currency pair; the more gap there are the harder it can be to trade the given currency pair. Features: High-Low and Close-Open Gaps Shows even the smallest gaps Exponential Moving Average on the Indicator No repaint Built in Help FileWhat is a gap? Gaps are areas on a chart
The indicator implements an idea whereby effective trading periods are determined using a non-standard approach to the Bollinger Bands indicator. This version only features band colors based on trading zones. There are plans to add signals indicating critical moments that can be most favorable for trading.
The Info Market indicator displays the main account information on the chart: balance, equity, profit, leverage and account currency, volume of open positions for a given instrument and the total volume. Placed orders are highlighted. Orders with Stop Loss are displayed in one color, while those without the Stop Loss - in another color. The colors can be adjusted at the start. You can also set the indicator to display text in the Russian language.
The indicator creates multiple instances of another indicator - cluster multicurrency indicator CCFpExtra - and builds a superposition of their results (here is how the name comes out). The indicator provides an overview of current market state for a specified timeframe. Like CCFpExtra, this indicator supports arbitrary groups of tickers or currencies, such as Forex, CFDs, futures, spot, indices; time alignment of bars for different symbols with proper handling of possibly missing bars, and up
This indicator calculates certain statistics related to Moving Averages and the price. The statistics are related to Points, Candles, and Slope. The current calculated numbers are compared to historic statistics to determine overbought/oversold levels, which are good buy or sell signals. There are 5 types of statistics. Four of these may give buy or sell signals. Inputs Compare Price? If true, the indicator will gather statistics based on chart candles compared to an MA. I
This information indicator displays OHLC prices and the range in a separate subwindow of the symbol chart: current and history data for the last 4 weeks (Table 1);current and history data for the last 4 days (Table 2).This information allows you to compare current prices with the prices in the recent past, as well as monitor changes in daily and weekly price ranges. In the input parameters, the user can set the color scheme of the displayed data and select the font size. The ColorName paramet
The demo version of the indicator does not display data on last 25 bars but is perfect for testing. The Trend Trade indicator displays assumed turning points of the price on the chart in the direction of the trend after correction. It is based on data of the Prise Reversal oscillator with the period 6 and indicators which characterize strength and availability of the trend. When the value of Prise Reversal is in overbought or oversold area (area size is set by a user), and the current trend i
Oscillator Currency is a system which oscillates, i.e. its values repeatedly reoccur in the course of time. Oscillator Currency is an indicator for technical analysis which describes overbought or oversold of the market. It is good when the market is stable and the price moves within a relatively tight market channel. Oscillator Currency uses the basic chart currency for calculations, i.e. if EURUSD is the chart symbol, the whole history about symbols, where one of current symbols is found (EUR
The VolatilityCoefficient Indicator is an essential part of the VolitalityAlert EA. With the help of this indicator you can easily set up your VolatilityAlert EA. The optimal value of a VolatilityCoefficient Indicator is 1.5 which can work in any timeframe. If the value is more than 1.5 VolatilityAlert EA will send you alerts. If the value do not fits you, you can easily modify it to high or low. VolatilityAlert [E]xpert [A]dvisor download here: https://www.mql5.com/en/market/product/10973
The demo version of the indicator does not display data on the last 25 bars but is perfect for testing. The Market Follower Demo indicator displays two types of potential entry points on the chart (by trend and by absolute reversal points). The entry point for the trend is displayed by a circle. Indicator qualifies the presence of a trend at a certain interval by a certain algorithm. Then it displays a potential entry point after a correction. For the successful use of these points, it is re
This is a modification of the J2_MA indicator. The main purpose is to smooth the price fluctuations, especially the so-called emissions. The algorithm of the J2_MA indicator was supplemented by a calculation of a moving average based on the RSI indicator data. As a result, the indicator has become more responsive to the change in direction of the price spike, which led to a decrease in its delay. The new version of the indicator now has additional settings. Settings: JBars - number of bars u
The indicator calculates points or the percentage between the opening of all periods and the current price. It helps the trader to analyze the current situation on the selected currency pairs. It displays the collected information on the chart as a table. Using the table the trades is able to see the dynamics of the last bar on all timeframes. The indicator settings: Set Timer Seconds - Indicator refresh timer in seconds Type Price - Price type to calculate the data Type Info - Type of
The indicator uses complex algorithms to identify the percentage change between the close price of the current candle and the last one’s with high accuracy. The indicator is designed to help traders: Calculate the percentage change in price between the current candle and the last one Show market news right on MT4 (Constantly update news from Forexfactory, Bloomberg, Reuters, Marketwatch, Fiinvesting.com, etc) Below are the indicator parameter description: --- Filter Price Series Candl
The indicator can be based on the traders that their strategy of opening and closing of candle stick is built to help. The indicator show us remaining of time to open next candlestick in these timeframes: M5, M15, M30, H1 & H4. Attention: If you select other timeframes on the chart, appears a warning that you select unsupported timeframe. In order to improve the quality, Please guide me with your comments. enjoy it!
Sandwiched Bar or Sandwiched Candle indicator shows an arrow above High or below Low of a prospect "sandwiched candle". Input Parameters Previous Directional Bars : The number of consecutive bearish/bullish bars before the sandwiched bar. Arrow Display Distance : Display distance in points above/below high/low of sandwiched bar. Show Alert : Show alert message of possible signal Send E-Mail : Send e-mail message of possible signal Send Mobile Push Notifications : Send push noti
The indicator converts the signals of Stochastics on multiple timeframes into one histogram of different colors. If the histogram shows red, it means most of the stochastics show sell signals (the currency pair is overbought). If the color is green, then the currency pair is oversold, and you may want to think about buying. This is a free demo version It only works on EURUSD! To work with all currency pairs, please purchase the full version of the indicator: https://www.mql5.com/en/market/pr
I present you an indicator that combines two standard indicators: iBulls and iBears. This oscillator determines and displays two varying movements. The range of values is 0, 1 or -1. The current movement is indicated by a positive value. Input Parameters: DRAWs - the number of bars to display the indicator BB_Period - the general period of the standard indicators BB_Price - price type of the standard indicatorsNow, Bulls and Bears are in on pocket, good Luck!
This indicator shows close to close price movements of the current symbol and an other as a histogram. It visualizes correlation between two symbols to help avoid counterproductive trading, diversify risk, etc. Attach it to the current chart as many times as many correlated symbols you want to take into consideration, and specify them in the OtherSymbol input field. The wide red histogram shows the movements of the reference (other) symbol, and the narrow blue histogram shows the movements of
RCCMA is a general moving average indicator that works with ReviewCandleChart. Original is "Custom Moving Average" provided by MetaQuotes Software Corp. Based on that source code, I corresponded to ReviewCandleChart. Advantages When ReviewCandleChart is ON, no line will be displayed on the right side from the vertical reference line. When ReviewCandleChart is ON and you press a key such as "Z" or "X" Following that, the MA is drawn. When ReviewCandleChart is OFF, the same drawing a
MetaTrader4 Indicator that collects order data with tick prices, which is then sent to the database at forexpert.co.uk by the utility robot TickTrack. The data is used to create special charts for you to analyze your trades. This product is of type 'indicator' so that it may be installed on any chart window and it will co-exist with other indicators and EA-s. It cannot be used on its own, you have to get TickTrack to be able to use the system (TT/TC). You can also get the free version: TickT
PRO VERSION This free indicator change timeframe of charts(up to 3) at the same time,by clicking a label. If you click the label(shown below),timeframe of charts will change. If you click again,timeframe of charts restore. You can change the position of the label. You can change charts up to 3 charts(a paid version enables up to15 charts). You can add second,third timeframe changer label. This indicator is very useful for speed trading. There is a more powerfu
Индикатор вычисляет наиболее вероятные уровни возврата цены. Может быть использован для установки уровня тейк профит. Рекомендуемый таймфрейм - любой, при соответствующей настройке. Настройки. Period - количество свечей для анализа.Accuracy - точность расчёта уровня в пунктах.Width - размер ценовой метки.Отработка уровней как правило не занимает много времени, уровни достаточно точны при касании и процент возврата цены к ним достаточно высок. Но следует учитывать риск продаж на локальных мини
This indicator displays whether the candle of a currency pair is bearish or bullish in different timeframes. They are updated automatically. The up arrow means the bullish candle in corresponding timeframe. Similarly, down arrow for bearish candle. Before attaching the indicator to the chart, you can change the colors for the up and down arrow in the input section of the indicator. You can buy the FULL Version of this product at https://www.mql5.com/en/market/product/39049 which works f
Let's look at the nature of price changes in the Forex market, not paying attention to the reasons why these changes occur. This approach will allow us to identify the main factors affecting the price movement. For example, let's take the opening prices of bars on the EUR-USD currency pair and the H1 timeframe. For these prices, we construct the Lameray diagram (Figure 1). In this diagram, it can be seen that the price movement basically occurs according to a linear equation. To determine the
Despite some drawbacks of the “AIS Color Noise Filter” indicator, the idea to use it to smooth the price series and forecast prices looks quite attractive. This is due to several reasons: first, taking into account several noise components allows building a forecast on factors independent of each other, which can improve the quality of forecasting; secondly, the noise characteristics of the price series behave quite stably throughout the entire
Very often, the trader is faced with the task of determining the extent to which the price may change in the near future. For this purpose, you can use the Johnson distribution type SB. The main advantage of this distribution is that it can be used even with a small amount of accumulated data. The empirical approach used in determining the parameters of this distribution, allows you to accurately determine the maximum and minimum levels of the price channel. These values c
The indicator builds alternative quotes based on the average price of a bar and shadows for a specified period of time or according to a fixed body size. Options: StartDrawing - the date from which the indicator will build quotes; PerCounting - period for calculating the average body size and shadows. If AverageBody = 0, then it builds at an average price; AverageBody - fixed candlestick body size. If greater than zero, builds on this parameter.
This is a very fast and not redrawing ZiGZag; it supports switching the segments at breakouts of price levels located at a specified distance (H parameter) from the current extremum. MinBars parameter sets the depth of history for drawing the indicator; 0 means drawing on the entire history. SaveData parameter allows writing the coordinates of extremums to a file (time in the datatime format and price). Some statistics calculated on the basis of the ZigZag is displayed in the form of comments.
The RSI indicator with a smoothing line and an option for changing the periods of the two lines "on the fly". Very often when analyzing a chart, a trader needs to estimate both the medium-term symbol mood and its short-term status. This estimation technique requires using indicators with different timeframes, which in turn may seriously load the chart of a financial instrument, making analysis complicated. This indicator allows you to change the period (both the RSI and the smoothing line) wit
Note: This is the demo version of Verdure ProLOGIC. This version works only on USDSGD. Overview Verdure ProLOGIC is more than an indicator, it is a trading system that gives informed decision of when to trigger a trade and where to place your stop loss. Unlike many other indicators where you only get a signal to enter a trade, Verdure ProLOGIC goes as far as giving you a technically calculated safe level to place your stop loss. This is particularly useful in Money management as it helps you t
CCFpExtra is an extended version of the classic cluster indicator CCFp for multicurrency market analysis. The main features are: Arbitrary groups of tickers or currencies are supported: Forex, CFDs, futures, spot, indices;Time alignment of bars for different symbols with proper handling of possibly missing bars, including cases when tickers have different trading schedule;Using up to 30 instruments for market calculation (only the first 8 ones are displayed).This is a demo-version. Limitations:
This is an indicator for setting stop levels. It is based on the VaR criterion. To coordinate the financial risks, it is necessary to quantify them. This can be done using the VaR criterion. This parameter is used by almost all banks to assess the financial risks (of course, they use more complicated formulas than those used in this indicator). This indicator calculates to what level the price will not change for a certain period of time with a given probability. The probability is specified i
This indicator works exactly the same as the Boundaries indicator, but here as a free demo that only shows the high and low of the week. As the Boundaries indicator does, this indicator can work with any symbol. In the Colors tab you can set the color for the Upper and Lower boundaries. Please review the pics or watch the Boundaries indicator video to better understand how it works.
This is a must have tool for every trader, because this indicator provides the scoreboard with most important basic information for trading. It displays current server time, remaining time of the current bar, a calculated lot for the specified risk and free margin, characteristic bar sizes, and spreads. When placed on a chart, the indicator creates a text label in the upper right corner with the following information: -17:50 [70%] 11:42:30 SL:0 SP:17 B:A41/M39/D67 L:0.26/5% remaining time to
Future WPR - or backward WPR - is a special modification of WPR: it uses standard formula, but applies it in reverse direction. The indicator calculates WPR from right to left, that is from the future to the past. It 'knows' and uses the future price movements at any bar where the right-side history provides sufficient number of "forthcoming" bars, that is period bars or more. Conventional WPR is also shown for reference. Both WPR and backward WPR are normalized to the range [0..1] as a more co
MAXIM Range Indicator by MAXIM Trading Strategies is a custom indicator that forms part of the MAXIM Market Mover indicator. This range indicator is used by MAXIM Market Mover and as such is NOT a stand-alone indicator. This indicator is free of charge and must be saved/downloaded in the Indicators folder of the MT4 terminal for use by MAXIM Market Mover indicator. The indicator, if run on its own, will not display any trading signals even though it is executing an algorithm on behalf of MAX
This indicator is similar to B. Williams' Alligator. However, unlike Alligator, all Moving Averages are of the same period here, thus partially solving the lagging issue. The screenshots show the comparison of the default Alligator (dashed lines) with VACrocodile having the Moving Average parameter of 15. Parameters: Period MA - Moving Average period; MA metod - Moving Average calculation method: SMA, EMA, SSMA, or LWMA.
FT Spread Histogram records spread values into a histogram with saving history. Displayed Information: ExtSpreadMax – maximum spread level reached during the bar ExtSpreadAvg – average spread level within the bar ExtSpreadMin – minimum spread level reached during the bar ExtSpreadFixed – spread is fixed (show only dot) Indicator Parameters: InpLineShow – show horizontal line with actual spread level InpLineColor – line color InpLineStyle – line style InpLineWidth – line width InpL
This indicator draws range channel (High-low) with 5 intermediate levels based on Fibonacci (38.2, 23.6, 50, 61.8). It has the next inputs: periods: Number of bars used to calculate the channel. showupper: True/False ("True" to show the highest high price "False" to hide it). showlower: True/False ("True" to show the lowest low price "False" to hide it). showfirst: True/False ("True" to show 1st level price "False" to hide it). showsecond: True/False ("True" to show 2nd level price "Fals
The next indicator draws 4 lines (2 high lines and 2 low lines) and paint the space between the 2 low lines (low zone) and between 2 high lines (high zone). It has the next inputs: periods: Number of periods to make calculation of zones. Deviation1: Number of deviations to plot the first high and low lines. Deviation2: Number of deviations to plot the 2nd high and low lines.The indicator can be customized: # Color Width Style 0 Red 1 0 1 Yellow 1
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. This is a demo version that works only on the USD/JPY currency pair. To work on all currency pairs, install the full version: https://www.mql5.com/en/market/product/15888 Param
Near7PAIR$ displays average values of price deviations for seven currency pairs in points for a specified period in a subwindow of any trading instrument. Currency pairs: USDCHF, GBPUSD, EURUSD, USDJPY, USDCAD, AUDUSD, and NZDUSD. Inputs: DigitsStyle - 4 (four and two digits) or 5 (five and three digits); DRAWs - number of bars to display the indicator; NearPeriod - indicator period. If NearPeriod is 0, recommended periods are used for each chart timeframe. If NearPeriod = 0: M1 timefr