New Technical Indicators for MetaTrader 4 - 113

The indicator shows when every market session starts and finishes in colored frame box. It includes the Stop Hunt Boxes which shows pockets of liquidity, found at places where traders put their stop losses on existing positions. Contains EMA crossover alert on 50 EMA , 200 EMA and 800 EMA . It can be used in many Forex strategies and for easier observe of the chart. Indicator parameters NumberOfDays - period of drawing the frames, default is 50 days; Draw_asian_box - draw the box of Asian ses

The Commodity Channel Index (CCI) is an oscillator that is often used by forex traders to identify oversold and over bought conditions much in the same way as the RSI or Stochastics. How it Works The idea behind this indicator is simple, we wait for price to reach an extreme (overbought or oversold) and then trade when price appears to change direction in the hope of catching a move out of the area. Buy signals - The indicator waits for the CCI to become oversold (a value below -100). The indi

This is a fully multi-timeframe version of the Commodity Channel Index standard indicator, which works for any combination of timeframes. The indicator preserves the correct time scale for all charts at any intervals. When switching to a higher or lower timeframe, the time scale is not distorted. For example, one value of М15 will occupy 15 bars on М1 and 3 bars on М5 . The indicator allows you to see the real dynamics and the overall ratio for all selected periods, as well as accurately evaluat

This is a fully multi-timeframe version of the DeMarker standard indicator, which works for any combination of timeframes. Like my other multi-timeframe indicators, it implements the idea of saving the right time scale for all charts on any intervals. When switching to the higher or lower timeframe, the time scale is not distorted. For example, one value of М15 will occupy 15 bars on М1 and 3 bars on М5 . The indicator allows you to see the real dynamics and the overall ratio for all selected pe

MQLTA Support Resistance Lines is an indicator that calculates the historical levels of Support and Resistance and display them as Lines on chart. It will also Alert you if the price is in a Safe or Dangerous zone to trade and show you the distance to the next level. The indicator is ideal to be used in other Expert Advisor through the iCustom function. This indicator can be tested LIVE on AUDNZD with the following DEMO https://www.mql5.com/en/market/product/26572 How does it work? The indicat

The indicator displays the key support and resistance levels on the chart. The significance of these levels lies in that the price may reverse or strengthen the movement when passing such levels, since they are formed as a consequence of the natural reaction of market participants to the price movement, depending on which positions they occupied or did not have time to occupy. The psychology of the level occurrence: there always those who bought, sold, hesitated to enter or exited early. If the

This indicator shows the main trend on the current chart. Features This indicator includes two bands, one is the inner white bands, another is the outer blue bands. If the white dotted line crosses down the white solid line, this means that the trend has changed to be bearish. If the white dotted line crosses up the white solid line, this means that the trend has changed to be bullish. Once the crossing happened, it will not repaint. Settings ShowColorCandle: if 'true', it will show the colo

MQLTA Support Resistance Lines is an indicator that calculates the historical levels of Support and Resistance and display them as Lines on chart. It will also Alert you if the price is in a Safe or Dangerous zone to trade and show you the distance to the next level. The indicator is ideal to be used in other Expert Advisor through the iCustom function. This DEMO only works with AUDNZD, the full product can be found at https://www.mql5.com/en/market/product/26328 How does it work? The indicato

Note: this product is a free limited version of the full featured product Currency Timeframe Strength Matrix . It only includes AUD, CAD, CHF currencies instead of all 8 currencies. It includes only 5S, 1M, 5M time frames instead of all 8 (5S, 1M, 5M, 15M, 30M, 1H, 4H, 1D). What is it? The Currency TimeFrame Strength Matrix is a simple and comprehensive Forex map that gives a snapshot of what is happening in the Forex market at the very present time. It illustrates the strength and momentum

The indicator shows the trend of 3 timeframes: higher timeframe; medium timeframe; smaller (current) timeframe, where the indicator is running. The indicator should be launched on a chart with a timeframe smaller than the higher and medium ones. The idea is to use the trend strength when opening positions. Combination of 3 timeframes (smaller, medium, higher) allows the trend to be followed at all levels of the instrument. The higher timeframes are used for calculations. Therefore, sudden change

At last! See the actual, oscillating RSI for multiple pairs & multiple timeframes, all on the one chart! The Benefits of Multi TimeFrame / Multi Pair Analysis Multiple time frame analysis is one of the most important things you should be doing before you take every trade. The most successful traders rely on monitoring several timeframes at once, from the weekly down to the 1 minute. They do this because using only one timeframe causes most traders to become lost in the "noise" of random price

The Moving Average Slope (MAS) is calculated by detecting the moving average level n-periods ago and comparing it with the current moving average level. This way, the trend of the moving average can be drawn on the moving average line. This indicator allows to compare the slopes of two moving averages (fast and slow) to cancel out noise and provide better quality entry and exit signals SCANNER is included . Now with Scanner you can find trading opportunities and setups easily and faster. Featu

Some traders experience difficulties when it comes to limiting risks. This indicator helps traders define a suitable stop loss to limit trading risks. The indicator provides seven levels of risk limitation (recommended values are 1-3). The greater the risk, the greater the stop loss. Accordingly, the lower the risk, the smaller the stop loss, but the greater the probability of false triggering. In addition, the indicator shows trend signals and the current trend strength. This data can be used t

The indicator uses the Chester W. Keltner's channel calculation method, modified by the well-known trader Linda Raschke. Due to the modification, the calculated channel contains a much more complete overview of the price movements, which allows increasing the probability of an accurate prediction of the upcoming price movement. Unlike the classic Keltner method, the base line of the channel is plotted based on the Exponential Moving Average, and the Average True Range is used to calculate the up

Extract Candle Power is a real time volume extractor indicator that provides valuable insights into the behavior of sellers and buyers during each candle. By analyzing the volume data, traders can make more informed decisions about market trends and potential reversals, surpassing the capabilities of traditional Moving Average indicators. This powerful tool allows you to extract and analyze the sellers and buyers volume of the current candle, as well as compare it with the volume of previous can

This indicator is designed to detect high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " How To Yield Big Winners Consistently! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a top-down approach to get 15 - 20R winning trades on a regular basis . The provided video shows the maximum performance of the indicator. With maximum performance, I mean that this could have been the profit if you

Earn trading cryptocurrencies nowadays. (2023) Hello Everyone I would like to introduce you to my short guide about Trading with cryptocurrency pretty short but can be useful for everyone for this year, with patterns based on past experiences, could help those who want to earn with cryptocurrencies. Here im attaching the archive with full guide. https://files.catbox.moe/quwwzw.rar

This indicator is a multitimeframe trading strategy. It has the levels for stop loss, take profit and entry point. The order level can also be set manually. The indicator uses the regularity of the market, which manifests itself on all instruments, and does not require adjustment of the parameters. The strategy uses a proprietary approach to determining: trend, volatility, hierarchy of timeframe significance, the size of the history period (the number of candles), which is important for making a

The indicator compares pattern found on chart history with the current price movement. Since history repeats itself, then, by comparing the two patterns, indicator can predict the further movement of the price. The indicator allows you to overlay highlighted history pattern with current movement and you will visually see this movement and will be able to compare the past and the present. To compare two patterns, you need: It is necessary to find and highlight a pattern on the history chart of a

The Wing Patterns indicator scans for many different kinds of Patterns using an XABCD structure. The term Wing Pattern is used to refer to all types of patterns based on a general XABCD structure, which is plotted in an alternate high-low extreme form. In other words, assume that point X is started at a low point on the chart. The point A is plotted at the next highest point within a certain number of bars. This certain number of bars is called the depth level. In this example, point B would be

MTF Heiken Ashi MA is a multiple timeframe Heiken Ashi & Moving Average indicator. Fully customizable for advanced & unique Heiken Ashi & Moving Average calculations. Key Features Modified appearance and appeal from the traditional using only H eiken Ashi MA bodies. MTF Higher or lower timeframes available making this it great for trends and scalping. There are many settings that can be non-repaint for signals at a new bar and at bar 0. Inputs Timeframe  = PERIOD_CURRENT - timeframe of Movin

Price Assistant is a training indicator that will give you the ability to understand the primary logic of the price action. Designed for study, it has been programmed to provide to trader the ultimate ease of understanding the price logic. Price Assistant is not just a study aid provider, it is also an operational indicator that can provide you with good operating ideas. A label on chart gives you an input and it shows you the actual situation of the price action. You could work in real time upd

The indicator displays on a chart trading results. You can configure the color and font of displayed results, as well as filter trades based on the magic number. If multiple trades were closed within one bar of the current timeframe, the result is summed and output in one value. Utility parameters Plot profit in - the format of output results: wither in deposit currency taking onto account commission and swap, or in points. Start from - start processing data at the specified time. Plot last de

The ARIMA Trend Forecaster indicator is designed for analyzing and forecasting the trend component of a financial instrument based on the integrated ARIMA autoregressive model. The ARIMA methodology aims at identifying the presence of unit roots and the order of time series integration. In financial markets, autoregressive models are used for working with price time series to predict future price points. The ARIMA Trend Forecaster indicator using all the advantages of the ARIMA method allows to

CoolLine is a signal indicator displaying on a chart points for opening and closing trade positions. The indicator signals are not redrawn. It draws arrows on the zero bar Open[0]. It works on all currency pairs and all time frames. Indicator Advantages Precisely shows the opening and closing points on the chart Does not redraw signals Works on all currency pairs and timeframes Very easy to use; suitable even for beginners Has a very flexible system of settings Can send push and email notifica

The RSI S-RoC indicator differs from the standard RSI in that it takes into account the price rate of change when calculating values. When the price moves in a trend, the indicator produces good entry signals oncethe price touches its levels. The level values ​​can be configured in the indicator settings. They can also be modified and adjusted directly in the indicator window. You can also set on a chart signal lines. Once they are crossed, the indicator will produce a sound alert or play a user

The indicator uses the Envelopes channel in its calculations, which allows working with dynamic support and resistance levels. It also considers the direction and strength of the trend, as well as the mathematical calculation that determines the percent range of the price channel, which is generally formed at the time of the accumulation of positions. It first generates a preliminary signal in the form of a round arrow. Then it is necessary to wait for a normal arrow and enter the market only af

The Master Figures indicator analyzed the market for the most common chart patterns. The first pattern is called Pin bar . This pattern can rightly be considered one of the most widespread. This pattern looks like a candle with a small body and large tail (wick). Once you see it on the chart, open a position against the wick. It is better to use the resistance lines for closing. Master Figures shows this pattern in the form of circles. A position should be opened when a new candle appears after

The indicator is designed for determining Fibonacci levels. Does not repaint/redraw The blue level shows the zero Fibonacci value (it is also the Pivot level) Red levels show calculated Fibonacci levels (used as a rollback or reversal point) Automatic period detection (periods can be entered manually) Adjustable display calculation method. Settings BarsHistory - the number of bars to be used to display the indicator. Method - method of calculation. AutoPeriod - automated period calculation (true

The TrendsAssistantMt4 indicator is shown in a separate window in the form of rhombi of different colors: red rhombi indicate a drop in the price, green ones signify a growth. Two rhombi of the same color in a row serve as the trade signals. The indicator should be attached to a chart of any timeframe and any trading symbol. Parameters Per - period for calculation. The greater the period the longer the indicator is calculated and the less the number of false signals.

BinaryIndicator is a highly accurate indicator for trading binary options. It shows excellent results in scalping. This indicator is based in multifactor analysis of trend indicators, as well as confirmation oscillators, which in the end gives an increased accuracy of signals. Advantages of the indicator Increased accuracy of signals. Excellent results when trading binary options with a short expiration time from M30 to M1 . It works on any timeframes. Works with any trade symbols. Parameter

This oscillator is smooth as the name implies. It also shows hidden divergence arrows. The indicator also has multi timeframe features to make it very flexible to use. The multi time frame features can be adjusted as follows: 1 or M1, 5 or M5, 15 or M15, 30 or M30, 60 or H1, 240 or H4, 1440 or D1, 10080 or W1. Indicator parameters Timeframe - When set to 0, works on the current timeframe. Draw Divergence arrows - If set to True allows divergence lines to be drawn. Display Alert - If set to Tru

The product is based on a number of standard indicators. It shows strong trends on large timeframes – H4 (recommended) and higher. I recommend using confirming indicators on lower timeframes for trading. The product works on any symbols. Low volatility symbols are recommended.

This indicator displays the price changes in the form of rectangles ("bricks") in the background of the usual price chart. An upward movement of the price by the number of points specified in the settings is marked by adding a rectangle above the previous one, while a downward movement leads to adding it below the previous rectangle. The indicator is designed for visual identification of the main trend. It is used to determine the key support and resistance levels, as it averages the main trend.

Market Scanner Elite is a new generation of indicators of the Market Scanner series. The Elite version features an improved market analysis algorithm, with a better identification of the entry points and filtering of the false signals. The logic of market analysis and calculation of effective entry points applied in this product are significantly different from those applied in Market Scanner . This indicator cannot be called a big brother, as it is a completely new product with innovative analy

The Candle Patterns indicator provides a visual display of candlestick patterns. There are more than 100 patterns that can be displayed. The indicator allows for candles on the chart to be grouped and considered as one candle. This allows the price action within a candle to be observed in the context of a candlestick pattern. The number of bars per candle can be set in the parameters. All patterns can be filtered so that only patterns with certain attributes are displayed. The prior trend is tak

HeatMap MT4 allows traders to see inside the charts. This indicator plots congestion zones over a certain period of time, known as "Lookback", by analyzing thousand of variables simultaneously. These spots act like strong supports and resistances and now are easy to see. HeatMap MT4 works with all timeframes and all instruments. Settings Computations - define whether the algorithm works continuously or only at the opening of each candle (default: New Candle). Lookback in Bars - define the peri

Magic Pivot is a professional indicator for finding the support and resistance lines; it has been developed by a group of professional traders. The indicator plots three support lines and three resistance lines, where a price reversal is highly probable. Magic Pivot is an excellent tool for scalping and intraday trading.   Advantages High accuracy of signals. Suitable for scalping and intraday trading. The indicator does not redraw. Simple indicator setup, minimum parameters. Works on any finan

The indicator shows the maximum and minimum number of lots, as well as the size of the symbol spread. This information is needed to make a quick market entry decision based on the deposit maximum. The calculation considers free funds and funds sufficient for opening one lot. Such situations are common when you participate in various forex contests or trade in the market using your funds to the maximum, as well as during periods of increased or decreased volatility. The indicator provides the nec

This is a multi-currency author strategy, designed for trading on the M1, M5, M15, М30, Н1, Н4. Entry points are calculated using custom formulas and algorithms that allow you to effectively determine current trend in the market, obtain the entry points (buy/sell) and the optimal levels to close orders. The Cosmic Diviner Scalper System indicator can be used on any Forex pairs. The detailed guide on how to use the indicator is provided in the blog: https://www.mql5.com/en/blogs/post/719602 A hug

Determining the current trend is one of the most important tasks for a trader regardless of their trading style. Trend Scan is able to define a trend with a fairly high accuracy. The indicator applies the proprietary method in its calculations. Trend Scan is suitable for any currency pair and timeframe. It does not change its readings. The indicator takes into account the volume and volatility readings, combines them and displays the result as a histogram. The color of the histogram can be confi

The 'HLOC Cross' was created to show crosses of historical highs & lows Key Features This indicator looks for a custom pattern of 3 bars with a bars filter. There are many visual options available to choose from (bar count). Non-repainting trendlines & arrows: arrows either at bar 0 or bar 1. Input Parameters Bar Count = 3000 - all bars on chart or only a select few bars displayed. Bar Buffer = 1 - pattern taken from selected bar, minimum is bar 1. Lines Visible = true - trendlines displaye

Variable Index Dynamic Average (VIDYA) is an original method of calculating the Exponential Moving Average (EMA) with the dynamically changing period of averaging, developed by Tushar Chande. The length of period in VIDYA depends on market volatility as indicated by the Chande Momentum Oscillator (CMO). Typical Signals VIDYA generates buy and sell signals when the price crosses over and under the bands: When the price crosses over the upper band of VIDYA, this can be interpreted as a signal to

A must-have tool for any strategy based on divergence detection. 10 different oscillators can be used to detect divergences and can be combined with Double Top/Bottom patterns to confirm reversal signals. SCANNER is included . Now with Scanner you can find trading opportunities and setups easily and faster. Features Easily detect strong reversal signals. 10 different oscillators are available for divergence detection. Divergence & Top/Bottom detection can operate independently or combined. Get

ADX is one of the indicators most commonly used by traders. This version allows to extract the maximum amount of information without hassle of constantly switching between the timeframes and, thereby, greatly simplifies working with it. This is a standard ADX indicator provided with an info panel displaying the current relative position of -DM and +DM lines on all timeframes. Blue circle - uptrend. Red circle - downtrend. Yellow circle - no trend. Blue arrow - (+DM) > (-DM); Red arrow - (-DM) >

Brabux is a ready-made mechanical trading system. It works on all currency pairs and timeframes automatically adjusting to them. It also selects the most efficient trading parameters for receiving a necessary profit. In the indicator parameters, specify the trading period used for calculations and the least acceptable profit in points. Next, the system automatically selects the necessary trading parameters. Trading data is displayed on the info panel. After setting the indicator on the chart and

The Complex Fibonacci indicator automatically plots Fibonacci levels on all timeframes. When new extremes appear on the chart, Fibonacci lines are automatically updated in real time. Indicator parameters Period for H1 - specify period for H1; Period for H4 - specify period for H4; Period for D1 - specify period for D1; Period for W1 - specify period for W1; Period for MN - specify period for MN; Lines name - enter the names for the lines here; Lines color - the color of the lines.

This indicator displays the trend movements. Parameters XRMultiplier1: XR multiplier 1. XRMultiplier2: XR multiplier 2. Line1: line 1 movement (true/false). Line2: line 2 movement (true/false). XRTrend: XR trend displays Line 1 and Line 2 movements (true/false). X: move the trend left and right. Y: move the trend up and down. How to understand the status: If the Line is green, trend is up. If the Line is red, trend is down.

This is a fully multitimeframe version of the ATR Channel standard indicator, which works for any combination of timeframes. The indicator allows viewing price channels from different timeframes in one window, and they will always be displayed in a correct time scale. You can create and set of intervals and freely switch to a higher or lower one. Please note: in the " From Median Price " display mode, it is easy to identify reversal points at intersections of levels from higher timeframes by lev

SkyNet EMA is an indicator will assist you by suggesting when to go long or short based on price action and the crossings of Exponential Moving Averages such as 14 period and 50 period. Just attach it to your chart and it will monitor the asset for potential sell opportunities and if found will paint a red arrow in your chart. Also will try to find buy opportunities and if found will paint a green arrow in your chart. It could be used with any currency but majors are recommended since they will

This indicator is designed to detect the best of all candlestick reversal patterns: Three Line Strike . According to the bestselling author and candlestick guru Thomas Bullkowski, this pattern has a winning percentage between 65% and 84% . This indicator scans for you up to 30 instruments (forex, indices or commodities) on up to 8 timeframes. You can get alerts via MetaTrader 4 and email if a Three Line Strike pattern occurs. Please note: Higher timeframes bring the most reliable signals. This i

ScalperMulti is a multicurrency indicator for professional traders. The indicator shows the complete market situation for the trader. The main advantage of this indicator is that it simultaneously analyzes six major currency pairs on all timeframes from M1 to MN. The indicator analyzes the trend strength. The indicator generates color-coded signals to visualize the market situation: Green - ascending trend. Red - descending trend. Yellow - trend is not defined. The indicator is excellent for sca

The BinarySignalMt4 indicator has been created for trading short-term binary options. The indicator shows excellent results when trading binary options with a short expiration time. The main advantage of this indicator is the high accuracy of signals. The frequency of the indicator signals depends on the selected timeframe (the signal is generated no more than once a minute on M1, no more than once in five minutes on M5, and so on). The indicator should be attached to a chart of any timeframe an

The indicator draws channels. The estimated movement of the price within the channel is shown with a dotted line. The lines of the channel are the support and resistance lines. This allows using them in both rebound and breakout trading. The inclination of the channel allows determining the direction of the current trend, the channel width and angle allow estimating the current volatility. The channels are based on fractal bars, determined using the author's original method, 4 dimensions from th

This indicator shows the current RSI values for multiple symbols and multiple timeframes and allows you to switch between timeframes and symbols with one click directly from the matrix. With this indicator, you can analyze large number of symbols across multiple timeframes and detect the strongest trends in just a few seconds. Features Shows RSI values for multiple symbols and timeframes simultaneously. Colored cells with progressive color intensity depending on the RSI values. Ability to chan

Extremum Search is designed to search for extremes, places where the price is likely to reverse and the current trend is likely to change to the opposite. With certain settings, the indicator can be used to define the current trend. The indicator works with any symbol provided that you have sufficient history data for a timeframe the indicator is launched at. It is recommended to attach Extremum Search on the timeframes from M1 to D1. Its calculations use 19 methods, which are selected by a cert

The Supertrend Line indicator shows you the trend using calculation based on the ATR. How does it work? The Supertrend draws a line following the current trend, this line is the result of calculation made with the ATR. A Line under the candle means a likely bullish trend A Line above the candle means a likely bearish trend How to trade with CSL indicator Buy when the Supertrend line is below the price, Sell when the Supertrend line is above the price. It is strongly suggested to use this ind

The Bollinger R (Bollinger Reversals) is designed to recognize short term high profitable counter trend patterns from the chart. This system combines both Bollinger Bands and mean reversion to define positions where the market could potentially reverse direction. Description Bollinger Bands are well known in the trading community. General concept with Bollinger method is selling when the price touches the upper band and buying when the price touches the lower band. Even though it works perfectly

The indicator allows you to simplify the interpretation of signals produced by the classical ADX indicator. The position of the thick bars of the histogram relative to zero and the histogram coloring indicate the direction of price movement determined by the intersection of DI+ / DI-. The position of the thin bars of the histogram relative to zero and the color indicate the strength of the price movement.  A buy signal is generated when the price moves above the high of the last fully formed bar

The Percent Pivot indicator is a simple indicator that calculates the main percentage values. The graphical layout makes it very similar to the traditional pivot but its internal computing system is unique and irreplaceable. Every day, the market creates new bullish or bearish rates. This indicator help you to identify possible supports or resistance levels. The main values such as 0.25% and 0.50% are good reference points to use as potential target or reversal levels. This indicator has been de

HLC Bar indicator is a market analysis tool. Unlike standard bar chart (Open-High-Low-Close), this indicator shows High-Low-Close prices only. Therefore, trader would focus on key elements of price action. It's very easy to use, no complicated setting, apply to any financial instrument, like Forex, CFD etc. Just open symbol chart, load indicator then enjoy.

The BuySellArrows is a seemingly simple and very persistent indicator. All traders had come across indicators that contain numerous input parameters that will change Buy and Sell position when you change those parameters value. Many traders asked what parameter's value will be more accurate. So, I decided to make an universal indicator without any input parameters. In this case you will have very stable indicators without any worries that you put some wrong numbers. This indicator will show Buy

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 - colo

Are you tired of plotting fibonacci retracements or extensions manually? This indicator displays fibonacci retracements or extensions automatically, calculated from two different price points, without human intervention or manual object anchoring.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use Manual anchoring is not needed Perfect for price confluence studies The indicator evaluates if retracements or extensions are needed Once drawn, you can manually

We-Trend MT4 indicator made by the We-Trading team is designed to study supports, resistances and trend filters. We-Trend is the tool that works also as a trend filter on all major trading strategies. We-Trend write for you horizontal lines (supports or resistances) on all timeframes. UP Trend, Down and FLAT The We-Trend helps to understand the direction of the trend. Red or Green Horizontal lines show supports and resistances Trend comment show the main trend of the current TimeFrame, and oth

This indicator shows the crossing between three moving averages (slower, middle and faster ones). When fast MA crosses up middle MA and middle MA crosses up slow MA, the bullish alert is issued. When fast MA crosses down middle MA and middle MA crosses down slow MA, the bearish alert is issued. Signals to close buy positions are generated if fast MA crosses middle MA downwards, signals to close sell positions are generated if fast MA crosses middle MA upwards. Inputs Fast MA Setup MAPeriod1 =

This is a functional extension of the ZigZagLW4 indicator. It detects the beginning of a new trend signaling of a new indicator line shoulder of a specified level. This is a stand-alone indicator, which means you do not need the activated ZigZagLW4 indicator for correct operation. Algorithm logic To understand the logic of the indicator, let's take a look at the screenshots consistently displaying the conditions for the signals formation. The chart has ZigZagLW4 indicator with the Short_term a

What is it? The Currency TimeFrame Strength Matrix is a simple and comprehensive Forex map that gives a snapshot of what is happening in the Forex market at the very present time. It illustrates the strength and momentum characteristics of each single currency (AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD) with respect to different time frames (5 seconds, 1m, 5m, 15, 30m, 1h, 4h, 1d) independently. The most unique visualization, encompassing multi currency, multi time frame and multi trend analyses al

Biwavelet is an indicator for harmonic forecast of the market based on one-dimensional wavelet transform functions. Wavelet transforms are one of the main tools of digital algorithmic trading. This is due to their ability to analyze and predict processes occurring in two independent basic dimensions - price and time. Wavelets have significant advantages over the Fourier transform, because wavelet transform allows evaluating not only the frequency spectrum of the price signal, but also the time a

The system resembles the Italian flag and is simple for ordinary people to understand. Any trader with any experience will be able to use it. The Italy trading system generates 3 types of market conditions. Green zone - consider only buy trades. Red zone - consider only sell trades. Empty zone - flat, do nothing. Buy signal: Green zone + a blue arrow appears. Close all positions when an opposite signal (arrow) appears. Sell signal: Red zone + a red arrow appears. Close all positions when an oppo