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New Technical Indicators for MetaTrader 4 - 133
This scanner shows the trend values of the well known indicator SuperTrend for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes.
Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074
You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher time f
This scanner shows the trend values based on crossovers of two moving averages for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes.
Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074
You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher ti
This scanner shows the trend values of the well known indicator Parabolic SAR for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes.
Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074
You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher tim
Automatic fibonacci with alerts is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appear amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with d
MQLTA Instrument Details shows you in an easy to read in chart table the details about the instrument/Symbol, including: Label Trade Mode Default Contract Size Minimum Size Maximum Size Size Step Digits Used Tick Size Tick Value Stop Level Bid Ask Spread
Parameters Indicator name to create the objects Default Window when opening the indicator Horizontal offset Vertical offset If you like this tool please take a minute to leave a review. If you have suggestions to improve it please send me a mes
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A simple information indicator showing the time left before the opening of the next candlestick or bar.
About the concept of a timeframe A timeframe is the time interval considered in the technical analysis of free financial markets (the same applies to the global currency market), during which the price and other market data change. The smallest timeframe is the so-called tick. A timeframe is the time interval used to group quotes when drawing elements of a price chart (bars, Japanese candlest
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This indicator visualizes the intersection of two moving averages in the MACD oscillator. It uses the histogram color to signal about the moving averages crossing the zero level of the indicator. The MACD (Moving Average Convergence/Divergence) indicator is a popular oscillator actively used by traders when working in the currency and stock markets to determine trends and to search for trading signals. This linear indicator allows obtaining a variety of trading signals: crossing the zero line; d
This indicator is based on a combination of 2 different SuperTrend, a trend following indicator developed by Oliver Seban. You can find some implementation in the following pages: https://www.mql5.com/en/code/8268 https://www.mql5.com/en/code/10851 and others. Double ST indicator combines 2 different SuperTrends to have the trend direction at a glance. Simply insert the values for the 2 SuperTrends and you will see a ribbon with 3 different colors: red means that price is under both the SuperTre
DotaScalping is a semi-automated trading system for scalping. The indicator shows recommended moments for opening Buy/Sell trades as dots on the chart. Signals are generated based on the algorithm for price amplitude smoothing. The indicator tries to accurately calculate the moments of the maximum peak price values and produces signals based on the smoothed correlation. The indicator determines the High and Low price values and generates signals based on the trend direction. The indicator is v
The Zigzag Zotik indicator displays the price movement in the form of a zigzag based on the AO_Zotik indicator values. The Zigzag Zotik indicator displays the trend movements and their corrections. The AO_Zotik indicator consists of three lines moving relative to "0": "main" line; "support and resistance" line; "balance" line. The "main" line crossing the "support and resistance" line indicates the end of one wave and the beginning of the other. The Zigzag Zotik indicator displays this on the ch
Stochastic Dashboard is an information panel which allows you to have a global market vision through a stochastic indicator. Stochastic Dashboard analyzes and tracks all the assets you want to invest in. Take advantage of this useful dashboard where you can open in a few seconds the chart and quickly invest in it.
Main features of Stochastic Dashboard Graphical panel that allows you to know the situation of many assets. 7 different stochastic situations to discover when an asset is overbought o
Simulator for Risk / Reward ratio calculator We-RiskReward is a MT4 indicator made by the We-Trading team to simulate an order with Risk / Reward calculator.
Horizontal Lines This indicator show you 3 horizontal lines that are: Open line Take Profit line Stop Loss line You can move the lines and you will see R/R and Lots calculation in real time. You can use it to simulate Long and Short positions.
Indicator parameters As input parameters you need to check only the Risk for trade. For e.g. you
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This indicator was modified according to the 'Way Of The Turtle'. It generates a channel based on the opening price and ATR values of the current bar. Turtle ATR Channel can be used to help identify overbought and oversold conditions in a market.
Calculation upper channel = Open + r1*ATR lower channel = Open - r2*ATR Among them: Open is the opening price of the current bar. ATR is the ATR value of the current bar. r1, r2 are the ATR ratios.
Input Parameters ATR Period - set the period of the A
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This panel is designed for quick visual search for the price action patterns on several instruments simultaneously. It is possible to add and remove instruments. Clicking the signal button allows you to quickly move to the chart with the identified pattern and timeframe. The panel searches for 8 candlestick patterns: PIN-BAR, EXTERNAL BAR, INSIDE BAR, DOJI, LEVEL, HIGH/LOW OF N BAR, FAKEY, ONE-WAY N BAR. Any of the patterns or the periods can be disabled by clicking its title. It can also search
The Moving Average Convergence Divergence Indicator (MACD) is both a trend–seeking and momentum indicator which uses several exponential moving averages set to closing prices to generate trading signals. We added several types of alerts to aid in your search for better opportunities in the market.
Product Features Email Alert Sound alert Push Notification (Alerts can be sent to your mobile phone) Signs on chart Alert box Possibility to work with both histogram and visual line Alert on zero hist
"Balance cost" analysis method Created by Trader AFI_man. The BalanceLines indicator plots balance levels for a given time interval. The balance line divides the market volume into sellers (above the balance level) and buyers (below the balance level). In any movement, if the price is fixes above the balance level, there comes a moment when sellers are unable to hold off buyers, which leads to a growth. Similarly, when the price is fixed below the balance level, there comes a moment when buyers
SFO Trend Racer system is a trend indicator created by the CEO and Founder of " Simple Forex Options ", Tevin Marshall . It serves 6 different functions all in one. It shows the trader the entry signals as well as exit signals, whether it is a take profit or a stop loss. It also uses trend filters and signal confirmations so that the trader is able to make the most logically fit decision. Trend Racer uses various filters and specific settings from a plethora of indicators. The beauty in this ind
This specific indicator is designed to solve one specific problem : In case the connection to the broker's server is lost, remember when the connection was lost, and at what time the connection was resumed. Thus, the user sees the time when there was no connection to the broker's server . An Alert box is displayed on the screen, which records when the connection was lost and resumed. Of course, the indicator will not react to slight losses of packets. For better visualization of the indicator op
This indicator calculates and draws lines over the chart. There are two types of trends: Trend A: the line is drawn using local lows for uptrends and local highs for downtrends Trend B: the line is drawn using local highs for uptrends and local lows for downtrends There are a few conditions, which have to be fulfilled and can be changed by the parameters (see also picture 4): MinBarAge : the count of bars to the last base point of a line is called BarAge and has to be greater than the parameter
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There are time periods in the market, when trading is highly likely to be unprofitable. This indicator warns you about such non-trading situations and helps you preserve your money and time.
Parameters Remind about non-trading periods: Expiration week - remind about the expiration week Consumer index day - remind a day before the release of Consumer index day NON FARM - remind a day before the release of NON FARM Christmas - remind a day before Christmas New Year Days 25.12 - 15.01 - remind abo
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TSO Bollinger Bandit Strategy is an indicator based on the Bollinger Bandit Trading Strategy as presented in the book Building Winning Trading Systems with TradeStation by G. Pruitt and J. R. Hill. SCANNER is included . Now with Scanner you can find trading opportunities and setups easily and faster.
Features A complete entry and exit strategy for trending markets. Get email / push notifications when an entry signal occurs. The indicator is not repainting. Can easily be used in an EA. (see For
The Momentum Channel indicator works according to the daily price index. The indicator is used to analyze the parity price. This analysis is done through channels. channels are used to find trend return points. The indicator has 3 channel lines. these are the lines at 30, 50, and 70 levels. The 70 level is the overbought territory. Price movements in 70 and above indicate that the chart will fall in the near future. Price movements at 30 and below indicate that the chart will rise in near future
This indicator is based on the Stochastic on one or more timeframes and on any Currency Cross Pair. The indicator generates an alert message when it detects a buy or sell signal. It also draws a vertical bar on the price chart: green for buy or red for sell, yellow if flat. Alert messages and Vertical bars for BUY or SELL, are generated when the Stochastic is consistent for all chosen timeframes else a FLAT signal is generated.
Features Easy flexible settings: Detection of the Stochastic signal
The Average Daily Range shows the dynamic levels of average pip range on a pair measured based on the daily Highs and Lows over a certain periods. You can use the ADR to visualize potential price action outside the average daily move. When ADR is above average, it means that the daily volatility is higher than usual. The ADR can be helpful in setting targets for positions. If the ADR shows you that a pair has an average daily range of 80 pips, then it might be wise to tighten up your target
This is standard ZigZag indicator with some cool additional features - colored range, amount of pips between highs and lows and also amount of candles between indicator range.
Default ZigZag indicator variables depthZigZag deviationZigZag backstepZigZag
Bullish market variables lineUpColor - line color lineUpStyle - line style lineUpWidth - line thickness textUpColor - color of text with amount of pips and candles textUpFont - font of text with amount of pips and candles textUpSize - size of t
GUME Simple Entry indicates the buy and sell entry points of all instrument by analyzing the market movement. It is designed to indicate entry points for any currency pair and all trading periods. It is optimized for M5 for scalping and M15 and higher periods for long term trading. It is also optimized for EURUSD, GBPUSD, GBPJPY, EURJPY and XAUUSD. It is designed to display a colored arrow up or down for buy or sell signal respectively for convenience and ease of use.
Indicator Parameters time
The indicator shows the High/Low /Open/Close Levels from other (and non-standard) timeframes - Year, 6 Months, 4 Months, 3 Months, 2 Months, Month, Week, Day, H3-H6-H8-H12 Hours, M90, M45. You can also set the shift for opening candles and build virtual candles.
"Period separators" for one of these timeframes is available in the form of vertical lines. Alerts can be configured for breakouts of the current or previous levels (breakout of the HIgh/Low yesterday/last week line etc).
You can also
A personal implementation of the famous Bollinger bands indicator as a trend following mechanism, which uses a moving average and the standard deviation to define what a trend is and when it changes. Bollinger bands are usually used as an oversold/overbought indicator only, but in my opinion, the trading approach is more complete using the trend variant as an exit strategy. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Customizable colors and sizes It
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The indicator plots a trend channel using the technique by Gilbert Raff. The channel axis is a first-order regression. The upper and lower lines show the maximum distance the Close line had moved away from the axis line. Therefore, the upper and lower lines can be considered as resistance and support lines, respectively. A similar version of the indicator for the MT5 terminal
As a rule, most movements of the price occur within a channel, going beyond the support or resistance line only for a sh
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A simple but effective helper that will allow you to track both global and local market trends. The indicator combines the work of two oscillators: Stochastic and RSI. Both indicators can be set to any timeframe.
Advantages of Use Multitimeframe - you can adjust both indicators to the desired timeframes. To obtain the entry points, you can use the Elder's triple screen system. Highly customizable - you can configure not only the parameters of the indicators, but also their appearance (color and
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Advanced Stochastic Scalper - is a professional indicator based on the popular Stochastic Oscillator. Advanced Stochastic Scalper is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely mann
The Signal SASON indicator is designed to generate trading signals. It works to find potential trade entry points. The signals are found by analyzing a series of candlestick movements and a set of algorithms. This indicator calculates the reversal points of the pair you are using. It does not have deceptive properties like re-painting.
Rules and Features When a signal arrives, it is recommended to use take profit and stop loss level. Use timeframe M15 and up. It works on all currency pairs, exc
Heterodyne is an RSI-based oscillator. The current indicator value is compared with the indicator's maximum and minimum values for the specified period and an average value is calculated. Also, the indicator values are smoothed using the moving average (MA) method. Buy when the indicator crosses a specified level upwards. Sell when the indicator crosses a specified level downwards.
Options RSIPeriod - indicator period Coefficient - ratio for searching maximum and minimum values Midline - signal
With the MACD Multi Time Frame indicator, you can spot divergences of higher timeframes while you are searching for pinpointed entries on lower timeframes. This FREE version of the indicator works only on EURUSD and GBPUSD. The full version of the indicator can be found here: MACD Multi Time Frame This blog post gives you REAL-TIME MACD Divergence Analysis for FREE and tips how to trade the divergences: REAL-TIME MACD Divergence Analysis The MACD Multi Time Frame gives you a very good overview o
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Shows on the chart a two moving averages histogram. It allows to send alerts to MetaTrader platform when the crossovers occurs. You can use it on any timeframe, moving averages settings can be adapted as well as the appearance and colors.
The parameters for the indicator are Fast moving average period Slow moving average period Moving Average Mode Moving Average Price Alert on crossovers Histogram Bar Width Bullish Color Bearish Color
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Modification of the RSI indicator with several types of alerts added to aid in your search for better opportunities in the market.
Product Features Email Alert Sound alert Push Notification (Alerts can be sent to your mobile phone) Signs on chart Alert box
Indicator Parameters Push Notification - This option enables your MetaTrader 4 to send alerts to your smartphone (IOS or Android). Email Alert - Configure your alerts to receive in your e-mail address. SignOnChart - Enable drawing alerts on
This indicator is an original view on volumes. It is known that volumes show the amount of buyers and sellers for a certain period of time. A candle is used a period of time. Volumes at a candle High show the buyers. Volumes at a candle Low show the sellers. A candle Open shows the Delta. Delta indicates who was dominant on a given candle, buyers or sellers.
Input parameters Distance - distance of the volumes text from High and Low. Font size - text font size. The indicator provides levels that
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Special Trend Oscillator is an indicator designed to detect trend change points and measure the power of the current trend. This indicator is a different model of the MACD indicator. The indicator has two channels. The blue channel is the upper line of the upward trend. The red channel line is the underscore of the downward trend. Buy when the trend line reaches the red line. Sell when the trend line reaches the blue line. Our Popular Products Super Oscillator HC Cross Signal Super Cross Trend S
The indicator has the following features Predictive Trend (Histogram) - it uses an advanced predictive probability and statistics calculation plus linear regression to know the possible trend. This must be used with at least 3 timeframes for a more accurate reading of the trend: D1, H4, H1. In some cases (subjective), you may want to use M5 for a more precise reading. Velocity (Dotted Line) - Green dotted line indicates a speed of price movement upward. Red dotted line indicates a speed of price
I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator identifies double or triple top/bottom formations or a following neckline breakout (confirmed top/bottom). It offers filters for RSI overbought/oversold, candle patterns (pin bar, engulfing, tweezer, morning/evening star, three line strike) and divergences (MACD, OsMA, Awesome (AO), RSI, CCI, Stochastic) whic
You can now use the conventional price charts to display Renko bars. This indicator can send dialog boxes with alerts, push notifications to mobile devices and emails. You can easily use this indicator to create Expert Advisors, because the indicator uses buffers.
Indicator parameters Renko size, points - size of Renko bars Arrows gap, points - distance to the signal arrows Alerts - true/false - use pop-up alerts when signals appear Push notifications - send Push notifications to the mobile ter
This panel is designed for quick visual search for the price action patterns on several instruments simultaneously. It is possible to add and remove instruments. Clicking the signal button allows you to quickly move to the chart with the identified pattern and timeframe. The panel searches for 8 candlestick patterns: PIN-BAR, EXTERNAL BAR, INSIDE BAR, DOJI, LEVEL, HIGH/LOW OF N BAR, FAKEY, ONE-WAY N BAR. Any of the patterns can be disabled by clicking its title. It can also search in history (by
Chart Time Indicator is very simple and easy, but it can be very important to control the time before opening any manual trade. This indicator shows the time on the chart between 3 different options.
Input parameters Show Time : Select all the time options that you want to see. Local Time (Personal Computer Time), Server Time (Broker Time) or GMT Time. Recommendations: Use only one Chart Time Indicator for each chart.
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A personal implementation of a famous trend principle known as higher high, higher close, lower low, lower close (HHHC - HHHL). It uses price action alone to determine trend direction, trend changes and pullback zones. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable breakout period Customizable colors and sizes It is non-repainting and non-backpainting It implements alerts of all kinds The indicator defines three price zones: Buy zones are blue Sell zon
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This indicator displays an equidistant price channel, identifies short-term trends and automatically finds the best levels for the upper and lower borders of the channel. It is optimized for major timeframes and currency pairs.
Advantages visualization of short-term trends automatic setting of upper and lower channel borders suitable for scalping strategies based on a rebound from the channel borders
Parameters smooth - border smoothing coefficient. The default value is 1; pricetype - use Open
With this system you can spot high-probability trades in direction of strong trends. You can profit from stop hunt moves initiated by the smart money!
Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718109 Please read also the blog about the usage of the indicator: Professional Trading With Strong Momentum This FREE Version of the indicator works only on EURUSD and GBPUSD. The full version of the indicator can be found here:
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This is a general purpose indicator that displays colored lines at fixed and customizable price intervals, entered as parameters. It offers universal, constant, and familiar price ranges that allow quick and precise price analysis of a currency pair. With default parameters, this indicator implements The Quarters Theory , as described originally by Ilian Yotov . [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use No optimization needed Customizable price inte
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Standard deviation with levels is a modification of the Standard deviation indicator, supplemented by the levels of expected Highs and Lows. The levels are plotted using the Support and resistance bands indicator, which determines the High and Low levels nearest to the current indicator value based on the historical values of the extremes.
Parameters standard deviation period - period of the standard deviation indicator. extremum detector period - period of extremum detection. This parameter
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This indicator includes various types of moving averages. The indicator contains the following set of moving averages: CA (Cumulative Moving Average) MIN (Minimum for the period) MAX (Maximum for the period) SMA (Simple Moving Average) EMA (Exponential Moving Average) DMA (Double exponential moving average) TMA (Triple exponential moving average) LWMA (Linear Weighted Moving Average) SMM (Simple Moving Median) SMMA (Smoothed Moving Average) HMA (Hull Moving Average) NoLagMa The list of moving av
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Harmonic Master Scanner is a dynamic tool that helps harmonic traders to identify and draw harmonic patterns on the chart. Harmonic Master Scanner is a software designed to work in MetaTrader 4. Harmonic Master Scanner works based on original MetaTrader 4 Zigzag indicator and the standard harmonic patterns elements. This software can send alert and email to you when a Harmonic pattern is detected on any charts. The entry point is the "D" point. The scanner only shows the present pattern one by o
Unlock hidden profits: accurate divergence trading for all markets Tricky to find and scarce in frequency, divergences are one of the most reliable trading scenarios. This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]
Easy to trade
Finds regular and hidden divergences Supports many well known oscillators Implements trading signals based on breakouts Display
This indicator visualizes the intersection of two moving averages. (SМА, EMA, SMMA, LWMA). It has been created for visibility of signals and notification about intersections of Moving Average. Moving Average is simply the averaged value of the price for the selected timeframe (TF).
Therefore, the moving averages are used on a wide variety of timeframes, from 1 minute to a year and even decades.
Possible types of moving averages in the indicator SMA (Simple Moving Average); EMA (Exponential Movi
The KFX High and Tight Flag pattern Indicator is part of the KFX Pattern manual Expert Advisor. The indicator shows the entry level (breakout) with the profit target and the stop loss. The strategy is based on Thomas Bulkowski's book, Encyclopedia of Chart Patterns second edition. High and tight Flags are the best performing Chart Pattern in both Bull and Bear markets. They are perfect pattern for trend following. Suitable for every Currency pair, Options, Commodities, Stocks, Indicies and Timef
Aggressive intraday scalper is a mechanical system for intraday scalping, which displays trade opening and closing signals as arrows on the chart. When a signal emerges, the indicator sends email and push notifications. So, you don't have to stay by the monitor analyzing the market and waiting for a signal. Aggressive intraday scalper will do it for you. The system has been developed for those traders who do not have their own trading system and who would love to quickly start trading using the
This indicator helps you to Scan symbols which are in the Market Watch Window (in demo Max 15 Symbol) and filter out trends with alerts. It works based on the most popular indicator "Bollinger Bands" which is used by many traders for trading: When box color changes to " Green " or " Red " color, it indicates you for trend change for long and short entry. And also you will get alerted on screen. When it changes to " Green ", it indicates you that trend is going upwards, and you can take the long
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Modification of the Stochastic indicator with several types of alerts added to aid in your search for better opportunities in the market.
Product Features Email Alert Sound alert Push Notification (Alerts can be sent to your mobile phone) Signs on chart Alert box
Indicator Parameters Push Notification - This option enables your MetaTrader 4 to send alerts to your smartphone (IOS or Android). Email Alert - Configure your alerts to receive in your e-mail adress. SignOnChart - Enable drawing aler
Our indicator uses a unique price action candlestick pattern called Engulfing, this indicator represent the price action behavior on your metatrader4 chart. The indicator seek the most valuable engulfing pattern and identify those as support and resistance levels.
Indicator parameter Bars to calculate: maximum bars to seek. Alert Option: True / False. Candle bear: color for detected bear candle. Candle bull: color for detected bull candle. Base line style: style for the base line. Base line wid
GTAS S-Trend is a momentum indicator that helps to determine trends using combination of MACD, RSI and moving averages. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest.
Description The indicator oscillates between -65 and +65 with a neutral zone between -25 and +25 around a 0 equilibrium line. S-Trend between -25 and +25 indicates congestion zones with a bullish bias between 0 and +25, and a bearish bias between 0 and -25.
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GTAS FidTdi is a trend indicator using combination of volatility and potential retracement levels. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest.
Description The indicator is represented as a red or green envelope above or under prices.
How to use Trend detecting When the envelope is green, the trend is bullish. When it is red, the trend is bearish.
Trading Once a trade is opened, GTAS FibTdi shows retracement zones wh
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This indicator is designed to detect the best divergences between price/MACD and price/RSI. MACD and RSI produce by far the best divergence signals therefore this indicator focus on those two divergences. This is the FREE version of the indicator: https://www.mql5.com/en/market/product/28375
Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074
The free version works only on EURUSD and GBPUSD! This indicator scans for you u
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GTAS Power is a momentum indicator that helps to determine deep trends using combination of moving averages. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest.
Description The indicator is represented as a green or red histogram around a 0 equilibrium line.
How to use When GTAS Power is green, deep trend is bullish. When it is red, deep trend is bearish. This indicator can be use as a filter in addition to other GTAS indica
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This indicator is designed to detect the best divergences between price/MACD and price/RSI. MACD and RSI produce by far the best divergence signals therefore this indicator focus on those two divergences. This indicator scans for you up to 30 instruments and up to 8 timeframes for bullish and bearish divergences. You need to add the indicator only to one single chart ! The indicator will then automatically scan all configured instruments and timeframes.
Important Information How you can maximiz
This indicator shows the levels and signal dots of the Doji pattern. The indicator allows traders to easily determine possible location of a price rebound. Doji is a candlestick with Open and Close price equal, or almost equal. It should also have shadows of approximately the same size on both sides. Doji denotes the balance between buyers and sellers, or the absence of major players, or level testing. This pattern can mean both a reversal and a continuation of the trend.
Indicator Parameters I
This indicator calculates the strength of the major currencies (EUR, USD, CAD, GBP, CHF, NZD, USD, JPY) and shows the top 4 strongest currency pairs that are currently in a high probability trend for the day or for the week.
Usage The indicator displays 8 currency pairs with a trend direction (e.g. "EURUSD-DOWN") and ranked according to strength, with 1 being ths strongest. There will be 4 pairs for intraday and 4 pairs for intraweek If a currency pair is present in the top 4 intraday, it is in
The KFX Bulls and Bears indicator consolidates the Bulls and Bears Power sample indicators in one indicator. This indicator is a modification of a known Bulls/Bears power indicator by Elder. It measures distance between extreme price and moving averages.
Parameters Source - choose between Close, Open, High, Low, Median, Typical or Weighted Price. Periods - period for calculating the moving averages. MA Type - Select between Simple, Exponential, Smoothed or Linear Weighted. Verbose - Allows the
This indicator displays the entry points for buying and selling, with additional push notifications. It is based on the classic Parabolic SAR indicator, price smoothing model and certain mathematical methods for a greater variability in finding market entry points.
Advantages Fewer wrong entries compared to the use of classic breakout and trend confirmation indicators. Signals are not redrawn. A large number of customizable parameters. Visualization of the bullish and bearish trend. Used for id
With the MACD Multi Time Frame indicator you can spot divergences of higher timeframes while you are searching for pinpointed entries on lower timeframes. This blog post gives you real-time MACD Divergence Analysis for free and tips how to trade the divergences: Real-Time MACD Divergence Analysis The MACD Multi Time Frame gives you an very good overview of what is happening on higher timeframes without the need of switching to the higher timeframe. You will e.g. always see the MACD value of the
The Roll indicator is designed for finding local extremes and determining the current trend. The indicator is based on the volume and volatility values. Indicator calculation can be modified by activating the Modification parameter and choosing one of the available calculation options from CalcMode . To be able to determine current trend using this indicator, you should increase the value of the OsPeriod parameter and decrease the values of DynamicLevelPeriod and ShiftDynamicLevel . The indicato
Determining the current trend is one of the most important tasks for a trader regardless of their trading style. Linear Trend can help you with this task. Linear Trend is a trend determining indicator, which uses an original calculation algorithm. The indicator is suitable for any currency pair and timeframe. It does not change its readings. The product applies three methods selected by a certain parameter and an additional modification of results. Due to the variety of settings and filters, the
The indicator will help you find support and resistance levels, increase the number of confirmations for stronger levels. This is not a multi-timeframe indicator that refers to the information from other timeframes. But it allows to show strong levels of support and resistance where the price respects a mark two or more times. How to trade: For smaller timeframes up to M30 I recommend at least 3 confirmations. This filters stronger levels with subsequent strong movements. For larger timeframes o
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