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New Technical Indicators for MetaTrader 4 - 137
The BinaryLuck indicator is a powerful indicator for trading binary options with any expiration times. This indicator will be especially useful for trading short-term binary options with an expiration time of 30-60 seconds. This is a complete ready, self-contained trading system. The indicator predicts the maximum High and minimum Low for the current candle. Then it calculates the path the price has passed on the current candle as a percentage of the predicted High/Low range ( Range of candles )
This indicator combines double bottom and double top reversal chart patterns together with detection of divergences between the price chart and the MACD oscillator.
Features Easily detect strong reversal signals Allows to use double top/bottom and MACD divergence signals combined or independently Get email and/or push notification alerts when a signal is detected Custom colors can be used The indicator is not repainting Can easily be used in an EA (see below)
Inputs ENABLE Double Top - Bottom:
This indicator combines double bottom and double top reversal chart patterns together with detection of divergences between the price chart and the Momentum oscillator.
Features Easily detect strong reversal signals Allows to use double top/bottom and Momentum divergence signals combined or independently Get email and/or push notification alerts when a signal is detected Custom colors can be used The indicator is not repainting Can easily be used in an EA (see below)
Inputs ENABLE Double Top -
The indicator shows the difference between Open and Close prices. The indicator in a separate window shows the difference between the Opene price of the current bar with the Close price of the previous bar. The panel in the upper left corner shows the difference between the Open and Close prices of the current bar.
Parameters Count_Bars - number of bars to display the indicator data. If 0, the number is displayed on all available bars; display - enable numerical values; _fontsize - indicator fo
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This is a unique multi-currency trading strategy developed for trading on H1 timeframe, which allows you to determine the global market entry points and obtain the maximum profit for each transaction. The market entry point is calculated using a variety of author equations and algorithms. We recommend using the indicator simultaneously on several trading instruments . A huge advantage of Big Deals System is an information panel in which the user can see the current information on potential entry
The indicator does not repaint support and resistance levels. It shows daily, weekly and monthly percentage change of previous close with respect to actual price. It works well for Forex, indices and futures.
Settings Time Frame - select D1, W1 or MN. History - number of history for displaying the levels of a chosen period. Levels - number of current levels for displaying a chosen period. Levels value % - percentage difference between one level and another. Open color - open color from the chos
Algo Candle is a very good indicator that permits to see, through the candle color, the strength of the algorithmic study chosen. In input you can choose your favorite algorithmic calculations such as: RSI, Vortex, MACD, Momentum, Stochastic and ATR. The candles are colored based on the levels of the chosen indicator. This indicator eliminates too many oscillators or indicators on your charts and gives you very useful information. Algo Candle is an excellent operating ally, allowing you to get m
As all momentum indicators this oscillator is measuring the speed and change of price movement. Momentum indicator is using an overbought and oversold conditions. The SmoothingOscillatorBands indicator is using a curve bands to show those conditions instead of constant levels. If the Yellow line is over a Blue line then we have an Overbought condition and when the Yellow line start to break out below the Blue line then we have a good opportunity to go Short. If the Yellow line is under a Red lin
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The Volatility Ratio was developed by Jack D. Schwager to identify trading range and signal potential breakouts. The volatility ratio is defined as the current day's true range divided by the true range over a certain number of days N (i.e. N periods). The following formula is used to calculate the volatility ratio: Volatility Ratio (VR) = Today's True Range/Tru
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Activity Meter is designed to identify the activity of sellers or buyers, to detect the current trend, and to search for extrema, where the price may reverse and the current trend may be replaced by the opposite one. 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 launch Activity Meter on M1, М5, М15.
Alerts Alerts are activated when the indicator histogram crosses the dynamic level upwards for
MIG Scalper is very simple but powerful indicator. This is a very useful indicator, combined with a panel for fast trading will give you many satisfaction. This indicator can be used in any currency pairs and on any time frame, It fits at every speed of trading. Moreover, it's relatively easy to trade with MIG Scalper indicator. Arrows appear at the opening of a bar and do not disappear. This indicator produces two signals: BUY Signal: arrow aqua SELL Signal: arrow red
Indicator parameters MIG_
The indicator is designed to determine the pivot level for a group of candlesticks and the trend direction. no repainting calculation is done on an active candle if candlesticks are above the main line, the trend is upward if candlesticks are below the main line, the trend is downward breakdown of the main line signals a trend change or a price rebound two display modes, normal and with acceleration (ModeLite) an auxiliary line displays the resistance line
Configurations BarsHistory - how many
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This is an indicator for Quasimodo or Over and Under pattern. It automatically finds the swing points and can even place virtual trades with stop loss and take profit. Press the "Optimize" button to automatically find the most effective settings. The pattern consists of four legs A,B,C,D as shown in the pictures. Open and close prices of the virtual trades are Bid price but the statistics in Display Panel take current spread into account. Its parameters are explained below. Buffer - Pips distanc
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This indicator displays the trend movements.
Parameters XRMultiplier: XR multiplier. Line: line movement (true/false). XRzak: XRzak movements (true/false). Arrow1: arrow movements (true/false). Arrow2: arrow movements up and down (true/false). Trend: trend movements (true/false). X: move the trend left and right. Y: move the trend up and down. How to understand the status: If the arrow is green, trend is up. If the arrow is red, trend is down.
NostradamusMT4 is a powerful indicator from the set of professional trader. The indicator is based on Andrei Spiridonov's original price calculation method (ESTIMATED PRICE) for the current candle price.
Advantages The indicator does not redraw. It works on any timeframes. Works with any trading instruments. Perfectly suitable for scalping and trading binary options.
Parameters Color - color of the ESTIMATED PRICE FUTURE line.
How to work with the indicator The indicator forms the ESTIMATED P
The Shooting Stars indicator is designed to search for the Shooting Star and Hanging Man patterns on charts of any currency pairs.
Features Displays 5 unidirectional candles. This indicator identifies the Shooting Star and Hanging Man patterns. Once a pattern is identified, the indicator shows a confirmation signal. It is possible to disable the alert and unnecessary graphical elements. It is also possible to adjust the number of bars in history, where the graphical elements of the indicator ar
The indicator shows the exact price position in the current market on any symbol. It shows the trend direction on the current chart as well as on the two subsequent higher timeframes at the same time (from top to bottom). For example, you can observe the trend direction on M5 and M15 without leaving the M1 chart. The indicator switches all trend depending on the market conditions preventing you from entering against a trend or allowing you to exit a position in a timely manner. The indicator is
The indicator shows the real waves, based on alternating upper and lower extremums of the price chart, thus displaying the wave structure of the market. When using this indicator, there is no need to manually apply the wave markup for the current timeframe. Relevance of the extremums is determined in the process of their calculation, invalid extremums are not taken into account. Upper extremums are calculated by the bars highs, while lower ones are calculated by the bars lows. Only one bar is co
The indicator shows the time of formation of the current bar in a percentage ratio.
Indicator Properties color_back1 - background color 1 color_flat1 - color of borders for background 11 color_back2 - background color 2 Alert_Percent - percent value for a sound alert Sound_file - the name of the sound file, the file must be located in the terminal_directory/Sounds and have the .wav extension
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This is a multi timeframe indicator to show the direction of the trend in multiple timeframes. The calculations are based on some original indicators but with special settings that is working for years and in combination with some newer indicator formulas. The indicator has multiple arrows based on various timeframe signals so that user can clearly see which signal is for which timeframe. Also draws horizontal lines with different thickness settings and colors from various latest signals so that
The presented indicator analyzes the direction of the short-term and long-term trend for specified periods, taking into account the volatility of the market. This approach allows combining high sensitivity of the indicator with a high probability of execution of its signals. The principle of use is extremely simple: the indicator histogram is greater than 0 - a buy signal / the indicator histogram is less than 0 - a sell signal. The indicator allows you to configure two types of parameters: fast
The LevelsPivotMT4 plots the pivot points and forms the support and resistance levels. The indicator does not repaint.
Default colors Yellow - pivot point. Green - resistance levels R1, R2, R3. Red - support levels S1, S2, S3. Installed similar to any standard indicator.
Analysis rules Trade the rebound from support or resistance lines. Accordingly, the target is the central line (the pivot point, yellow by default).
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ThreeVS3 is a unique and high quality indicator. It is also a effective and understandable trading tool. The operation concept is on a score basis, which is ranged from -3 to +3. Thus, you can just according to the score to do the trade easily.
How the Score calculated? The Score is calculated by 3 set of formulas. Each of them represent Long term, Short term, and entry level respectively.
How to understand the Score? The Positive sign means favor for long position, and Negative sign means fav
MArketwave is a multicurrency, trend following indicator which combines three of the most commonly used parameters. Parameters Moving Averages Bollinger Bands Stochastic Oscillator The parameters have been customized to provide accurate signals. Signals Thick dark green up arrows - Uptrend Thin light green up arrows - Buy Thick red down arrow - Downtrend Thin red down arrow - Sell Trading tips Check the trend with thick arrows Buy or sell with thin arrows only in the direction of the main trend
Lobster is a ready-made trading system with a flexible market analysis algorithm. It performs most of the work for a trader. All you have to do is open and close orders following the indicator signals. The indicator will be very useful for both beginners and professionals. It is able to work with other indicators and independently.
Features No signal repainting; Any pair; Any timeframe; Flexible market analysis system.
How to trade When the blue arrow appears, open a buy order; When the blue c
Are you a day/week/month trader, or even a quick scalper? MCTS will show you the best trending currencies to trade on any timeframe. By using a unique algorithm MCTS measures the strengths of individual currencies and then combines them into pairs to show you the best pairs to trade. Monitor all 8 major currencies and all 28 pairs. Monitors the strengths of the following currencies: EUR, USD, GBP, JPY, AUD, NZD, CHF, CAD. Measure the true strength of a currency on any timeframe. Know which curre
The Market Maker indicator focuses on key levels as minimum, maximum, opening and closing of important time frames. An attentive observation of these levels will enable you to identify the proper direction of the trend. On these levels the Market Makers try to make a very hunt of Stop Loss. We recommend to use Daily values on H1 chart, Weekly values on H4 chart and Monthly values on D1 charts. Use it setting all three time frames on the same chart and you will see that these levels will be a gre
Gets is a smart trading system with complex market analysis mechanism. The operation principle of Gets is based on neural networks and diversified collection of information from various market analyzers. Then the system analyzes the statistical databases to create a general idea of the current market situation and the further price movement. The information is displayed on the screen in a simple and intuitive way - in the form of buy and sell arrows. Also, the information on the current trend st
Actual live calculation of the famous Renko Chart. NO NEED for offline charts.
This indicator will work on your live charts like a normal indicator would do, everything will be displayed on-screen and you will be able to customize it as much as you want.
Properties Variables Max Candles : Number of candles you want to elaborate Use "0" for all the candles in the chart Pips : Size of the renko brick I remember this indicator does not automatically calculates Digits from your broker, so you have
Engulfing Candle Pattern Indicator that shows a potential zone for your trades. Often used for Supply/Demand and Support/Resistance Strategies!
Indicator Properties Variables Max Candles : Number of Candles you want to elaborate Use "0" for All the candles in the chart Engulfing Size : Size of the Engulfing Candle Personally i use 2 or 3 for this setting. This setting is based on the size of the engulfing candle, more specifically, shows only engulfing that are bigger X times of the smaller can
It is a demo version of Advanced Arrow indicator It works only on GBPJPY but the full version works on all currency pairs.
Features Simply it gives you entry point ,SL line and 4 TP lines or less. Once SL-TP lines are shown with the arrow, they remains as they are until signal change. It is historical indicator. No Repaint.
Indicator parameters Indicator Version : choose V5 or V6. TP 1 Line color : TP1 color. TP 2 Line color : TP2 color. TP 3 Line color : TP3 color. TP 4 Line color : TP4 colo
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This indicator works on any financial instruments and time periods. The indicator contains only one parameter: nBars - number of bars for histogram's value calculation. If a Green pole rises from a Red pole above the zero line then a Long position may be opened. If a Red pole rises from a Green pole under the zero line then a Short position may be opened. The height of the each pole represents the Power of an Up/Down movement. The transition from Red to Green (and vice versa) shows change of tre
Buy Wait Sell Trigger is very easy to read and use. The one and only indicator's line (color Aqua) can be equal to a zero-line or plus/minus one-line. The zero line is characterizing the flat trend. It means that you should wait. The V-shaped impulse indicates the entrance to the opposite direction. The U-shaped impulse indicates entry orders in the same direction. If the indicator line resizes on the plus one-line, you may go Long. If the indicator line resizes on the minus one-line, you may go
FutureForecast is one of the few indicators looking into the future, or rather calculating the current candle's High and Low price values.
Advantages of the indicator no repainting works on any timeframes works with any trading instruments perfectly suitable for scalping and trading binary options
Parameters alert - enable/disable alerts about signals. Enabled by default.
Parameters (Colors) FutureHigh - estimated High price line color. FutureLow - estimated Low price line color.
Recommendat
The indicator identifies the most suitable moment for entering the market in terms of market volatility, when the market has the strength to move (the signal is indicated by an arrow under the candle). For each of the signals, the presence of trends on the current and higher timeframes is determined, so that the signal is in the direction of the majority of positions opened on the market (denoted near the signal by abbreviations of timeframes with a trend present). The signal appears after the c
Parabolic SAR is one of the most popular indicators allowing you to determine in a timely manner the trend reversal, get an early entry point and accurately define the place of profit taking. Parabolic SAR is very efficient in case of a trendy market but often gives false signals during a flat. In order to sort such signals out, it is possible to use the same indicator on higher timeframes. This eliminates the main drawback of the indicator during a flat, while retaining its advantage of early e
The price is moving between two curve tunnel lines in a trend. The two lines of a tunnel represent support and resistance. In an uptrend, for instance, a trade might be entered at the support of the trend line (shown by the red line in the chart) and exited at resistance of the upper tunnel line (shown by the blue line). Tunnel show trend direction for any timeframe (if you have enough bars on the chart for higher timeframes). Trend, or price tunnel, can be up, down or sideways. If the current p
MultiFiboDynamicMT4 is a powerful, professional indicator for estimating the most important support and resistance levels. The main advantage is that it plots the Fibonacci levels at all timeframes simultaneously, which allows the trader to see the full picture of the possible price movement of the trading instrument!
Advantages of the indicator The indicator is perfect for scalping and trading binary options. Suitable for beginners and experienced traders. Works on all timeframes. Works on any
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Moving band is a trend based, custom indicator which combines multiple Moving Averages and Bollinger Band .
Features Trend based Indicator Does not repaint No False Signals Works on all Time Frames Applicable on Forex, Indices and Stocks
Input Parameters Show Indicator after Testing : True/False Sound an alert : True/False Send an email : True/False Send a notification : True/False Signals The signals are generated with intersection of multiple Moving Averages with mid Bollinger Band Buy when
This indicator is designed for plotting the linear regression channel. For convenience, it has multiple operation modes and drawing of data from the selected timeframe.
Input parameters Price - the price to be used for calculation and plotting the upper and lower boundaries of the channel PriceHighLow - the value of bar's High and Low PriceOpenClose - the value of bar's Open and Close Mode - indicator operation mode Static - the linear regression channel is always plotted starting from BarStart
XPointer is a completely ready trading system. It shows the trader when to open and close a trade. It works on all currency pairs and all time frames. Very easy to use and does not require additional indicators for its operation. Even a beginner trader can start working with XPointer. But it will also be useful for professional traders to confirm the opening of orders.
Features of the XPointer indicator It does not redraw its values. It works on all currency pairs and all time frames. It has al
Ichimotor is a trend based, custom indicator which combines the Ichimoku Cloud and Alligator
Features Trend based Indicator Does not repaint No False signals Works on all timeframe Applicable on Forex, Indices and Stocks
Input Parameters Show Indicator after Testing : True/False Sound an alert : True/False Send an email : True/False Send a notification : True/False
Signals The signals are generated when there is intersection of the Alligator with the Ichimoku Cloud Thick green Up arrows - Buy
MACD MTF Signal is an indicator for understanding a trend reversal in any market . It is calculated using the MACD Histogram, which results from the difference between MACD and Signal Line. The strength of MACD MTF Signal is the ability to see more time frames at the same time if they are greater than the one displayed on the chart. In this way it is possible to understand a convergence of ascent or descent on several time frames, which means a strong push in one direction or the other. Another
This Indicator Shows 5 lines: Avg Buy - Average Buy price line & total size for all open long positions in your chart Avg Sell - Average Sell price line & total size for all open short positions in your chart B / E - Breakeven price line & total size for all open (long & short) positions in your chart S / L - Stop Loss price line T / P - Take Profit price line Calculation includes Commissions and Swaps Works for a specific Magic Number trades or all trades on chart All currency pairs and all cur
The Predicting Donchian Channel indicator allows predicting the future changes in the levels of the Donchian channel based on the channel position of the price. The standard ZigZag indicator starts drawing its ray in 99% of the time the opposite Donchian channel is touched. The forecast of the channel boundary levels will help in finding the points, where the correction ends or the trend changes, an also to estimate how soon those events can occur.
Configurations Period - Donchian channel calcu
This indicator implements the process of simple linear smoothing. One of the disadvantages of exponential smoothing is the rapid attenuation of the signal. This does not allow for a full-fledged monitoring of long-term tendency of a price series. Linear smoothing allows fine-tuning the signal filtering. The indicator is configured by selecting the parameters: LP - period of smoothing. The higher the value, the more long-term tendencies are displayed by the indicator. Valid values are from 0 to 2
The Forex Trading Guide indicator works based on the standard RSI indicator with an adjustable period. Crossing the internal level calculated mathematically, the indicator gives a signal for opening a trade in a certain direction, showing it on the price chart with the corresponding line (blue - deal up, red - deal down) and the price label of the corresponding color . In other words, if the previous directive was to deal down (the line and the price label in red), then the next directive will b
This indicator shows the crossing between two moving averages, a slower and faster moving average. Signal show alert pop-up, when MA1 crosses above the MA2. Signal show alert pop-up, when MA1 crosses below the MA2.
Inputs Value Fast MA Setup Period = 5 - period of Faster Moving Average (value 5). Mode = SMA - type of Moving Average (SMA, EMA, SMMA, LWMA). Price = Close - type of price (Close, Open, Low, High, Median, Typical, Weighted). Slow MA Setup Period = 10 - period of Slower MA (value 10)
The presented indicator implements the idea embedded in the classic technical analysis indicators - "Bulls" / "Bears" at a new level. The "Bulls or Bears AM" indicator displays the difference between the maximum and minimum prices for the current period of time and the values of the channel built on the maximum and minimum prices for a longer period. The growth of the indicator values above zero indicates that the maximum price for the current period is greater than the average value of maxi
How would you like to instantly know what the current trend is? How about the quality of that trend? Finding the trend on a chart can be subjective. The Fractal Trend Finder indicator examines the chart for you and reveals what the current trend is based on objective criteria. Using the Fractal Trend Finder you can easily tell if you are trading with the trend or against it. It also identifies those times when the market is not trending. Theoretically, you could trade with the trend when the tre
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For those who studies Bill Williams' books "New Trading Dimensions" and "Trading Chaos (Second Edition)" and tries trading using these methods, it becomes evident that the standard set of indicators is not sufficient for full-fledged work. The Trading Chaos Map indicator draws the "market map", thus allowing you to the charts the same way as the author of the trilogy. Parameters provide options for enabling and disabling each signal. You can use any of the methods, or use them in conjunction. Yo
BinaryWizardMT4 is a powerful indicator for trading short-term binary options. In fact, this is a ready-made trading system. The indicator calculates the reference point and a short-term support and resistance levels. After the current price crosses the resistance level, a sell signal is formed (SIGNAL: SELL). Similarly, after the price crosses the support line, a buy signal is activated (SIGNAL: BUY).
Parameters x1, y1 - binding coordinates of the indicator window to the upper left chart corne
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This indicator displays the trend movements.
Parameters Trend: Displays the trend movements, true/false. X: moves the trend left and right. Y: moves the trend up and down. How to understand the status: (M1), square indicates the timeframe for 1 minute. If the square is green, trend is up. If the square is red, trend is down. (M5), square indicates the timeframe for 5 minute. If the square is green, trend is up. If the square is red, trend is down. (M15), square indicates the timeframe for 15 mi
High Volatility is an utility indicator that has the task of locating volatile candles. The recognition and counting function of bullish and bearish candles make it an excellent ally to understand the market volatility. This point often defines possible reversals and moments of continuity. A rectangle is drawn on the chart to identify the candle with greater volatility in long and in short. This indicator is very effective for short, medium, and long-term trading. An alert will notify you when a
EW Oscillator PRO is an indicator for MetaTrader 4 based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points. EW Oscillator PRO is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time. A panel for displaying the information on the indicator signals from different timeframes is located in the top left corner (see screenshot #2).
Distinctive fea
The Magneto Volume Trigger indicator is designed for determining the volume confirmed by the candlestick pattern and predicting the trend tendency.
Indicator setup and use The calculation of values is affected by two parameters - Period and Gate . The lower the value of Gate , the higher the sensitivity of the indicator. Period allows making a sample of data for the specified number of candles. The lower the value of Period , the more the indicator is adapted to the current market conditions. I
Boost your trading precision with the versatile wedges tool
The PZ Wedges Indicator is a technical analysis tool that helps traders identify potential continuation patterns in the market. These patterns, known as wedges, are formed when the price of an asset consolidates within a narrowing range, bounded by upward or downward converging trendlines. Wedges are considered to be continuation patterns because they often precede a breakout in the direction of the preceding trend. When a wedge pattern
This multicurrency strategy simultaneously determines the strength of the trends, entry points and the take profit levels for each trade. The indicator can determine entry points on any trading period from M1 to D1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (TP1, TP2, TP3) and the recommended stop loss level (SL1, SL2). The options for using the strategy are described below. Full description of the indicator Cosm
The indicator shows and highlights the chart candles, which are formed as a result of large players entering the market in large volumes. Such candles can also be formed after achieving a certainty on the market, when most of the participants hold positions in the same direction. The movement is likely to continue in that direction after such candles. The indicator highlights the significant candles from the existing ones on the chart; The indicator allows identifying the trends based on candles
RSI Currency Strength Meter uses RSI (Relative Strength Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currency of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool". If you want to look and compare, for example, EUR, USD and JPY, it will only look at the EURUS
First RSI level indicator analyzes and displays the level, at which the first crossing of the standard RSI maximum or minimum value took place for the subsequent definition of strong trends. The indicator allows you to track the beginning of a trend that does not follow the signals of the standard RSI trading strategy, for example, when the price rushes downwards after reaching an oversold level instead of reversing. In this case, we have to conclude that a strong trend is underway and the next
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Channel hybrid of the Moving Average, Bollinger Bands, RSI and CCI indicators. Unique filtering of signals without redrawing the indicator allows making various trades - both medium-term and short-term. The indicator operation principle lies in searching for the market reversal patterns. The trend reversal detection method uses the channel Triangular Moving Average, which plots equidistant non-redrawing channels with a Deviation period specified in the settings. Comparison of TMA and Bollinger B
This indicator was modified according to the 'Way Of The Turtle'. The ATR indicator can be used as a reference to set stop-loss or take-profit, and also can be used to confirm the daily price range (also applicable to other cycles).
Calculation The true range value is calculated as follows: TR = MAX(H-L, H-PDC, PDC-L) Among them: H = Highest price of the current bar L = Lowest price of the current bar PDC = Close price of the previous bar The average true range in 'Way Of The Turtle' is calcula
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The main purpose of the QQ-Deep Binary indicator is to determine the direction of the sail marked for Binary Options. It works for any currency pair, presenting better result in volatile instruments. The indicator is designed to simplify market analysis, and is based on price pattern detection strategies combined with multi-currency econometric velocity. The development team is constantly improving the functionality of the indicator.
Indicator Advantages No repaint. Works on all currencies. Mus
The Magneto Reverse Signal indicator is based on the candlestick analysis. It identifies the reversal points.
Indicator setup and use Adjustment of the indicator is reduced to selection of parameters Period (left window of the panel) and Gate (right window of the panel). It is more convenient to adjust the settings using the control panel directly on the chart. In this case, you can immediately see which optimal parameters can be used in the current market. This method is shown in the video in
WARNING: due to the calculations used by this indicator, it may take time to load and running it may slow down the user's terminal
Description & Summary Dashboard to detect Higher-Low/Lower-High breakouts and Triangle Patterns on 28 currency pairs and up to 8 timeframes at once. Numbers on the left are the normalized values of distance between price and last Lower-High and Higher-Low if one has formed (displays "--" if none). Text will turn Red upon a Higher-Low Breakout and Green upon a Lower-
This indicator is based of the well-known Bollinger Bands indicator and provides for an easier operation with BB. It allows drawing up to 3 Bollinger channels and thus simplifies navigation in the list of indicators. Also it allows plotting Bollinger Bands of different timeframes, for example: draw BB on M5 timeframe with parameters: Period = 100, Timeframe = H1.
Inputs Value Mode - choosing different modes of working with the indicator StaticTimeFrame - the indicator draws Bollinger Bands from
This indicator allows analyzing the movement of prices inside a bar. The indicator draws the contours of the bars of higher timeframes on the current chart.
Inputs Value TimeFrame - the timeframe to display bars NumberOfDays - the number of days the indicator calculates Bull_Body - the body color of the bullish bar Bear_Body - the body color of the bearish bar ShadowUp - the color of the upper shadow of the bar ShadowLow - the color of the lower shadow of the bar Selectable - enable/disable the
The indicator finds and visualizes price gaps, which often can be used as support and resistance levels. It can display levels from different timeframes on one chart.
Inputs Value Label - show/hide the timeframe of constructed levels TimeFrame - select timeframe to draw levels from DrawRangeDay - the length of the level in days DrawRangeHour - the length of the level in hours GapSizeForDrawing - a level will be drawn if gap is equal to or larger than this level in points CountDays - the number
The Magneto Precision Trend indicator is based on candlestick analysis. It determines the trend change on the previous candle, signal is not redrawn.
Indicator setup and use Increasing the Period parameter decreases the indicator sensitivity, resulting in less frequent changes in color but filtering the market noise. However, the trend change signals will arrive visually with a delay. And, conversely, decreasing the value of Period provides more accurate but more frequently changing signals. Th
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