New Technical Indicators for MetaTrader 4 - 139

The Moving Average Slope (MAS) subtracts the moving average level n-periods ago from the current moving average level. This way, the trend of the moving average can be drawn on the moving average line. Features Observe uptrends and downtrends at a glance. The indicator is non-repainting. Returns buffer values for the trend of the moving average to be used as part of an EA. (see below) Inputs Moving Average Period : The period of the moving average (MA). Slope Period : Number of periods between

Standard deviation of returns is a popular way to view how the return of one bar relates to history. By knowing that you can better understand the magnitude of any return. The signal is calculated by taking the prior periods returns, adjusting for volatility of the returns of the last twenty periods, and dividing by the standard deviation. It is displayed in a separate panel as a histogram.

Geo_StochPro is a profile, or professional Stochastic. Geo_StochPro is one of the well-known currency profile indicators. It displays two Stochastic indicators on all timeframes and multiple currency pairs forming the currency profile in the matrix form simultaneously . Thus, you can see the current state of the selected instrument as well as other pairs containing that instrument (overbought/oversold) without switching timeframes. The indicator is perfect for scalpers, intraday and medium-term

Purpose : Used as a tool for Traders and Investors This product is a Macd alert Indicator, which gives two (2) sets of Alerts: Main line and Macd Signal line cross over for early indications of retracements or trend change above or below. While the zero cross is the flipping over effect of the histogram to the opposite side of the zero line, which can be seen on the standard Macd Oscillator. Regular Arrows: Up and down arrows shows the cross over Of the Signal Line and Main Line from above for

This indicator was created to detect possible changes in direction of the market. Inside bars points to a certain level of indecision coming into the market. Neither side, buyers and sellers, have been able to push the price further up or down resulting in indecision. We can use this indicator to monitor for inside bar setups and having the indicator signaling the setup to the trader by alert, notification, it provides the trader with a starting point for his/her trading plan. The validation for

Bollinger Bands Color is different from the conventional indicator by an additional set of parameters. Such parameters as color and applied price can be selected in the properties window for each line separately. Also, you can select the averaging method for the middle line. Parameters Period – period of averaging for the indicator calculation; Deviations – number of standard deviations from the main line; Shift – shift of the indicator in relation to the price chart; Method Middle Line – middl

The TSO Currency Trend Aggregator is an indicator that compares a selected currency's performance in 7 different pairs. Instantly compare how a currency is performing in 7 different pairs. Easily get confirmation of a currency's strength Combine the indicator for both currencies of a pair to get the total view of how strong/weak each currency is. The trend is classified as positive (green), negative (red) or neutral (grey). Can easily be used in an EA (see below) Currencies EUR USD GBP JPY AUD

This indicator combines double bottom and double top reversal chart patterns together with RSI divergence detection. Features Easily detect strong reversal signals Allows to use double top/bottom and RSI 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: Enable the double top - bottom indicator ENABL

A visually-simplified version of the RSI. The Relative Strength Index (RSI) is a well known momentum oscillator that measures the speed and change of price movements, developed by J. Welles Wilder. Color-coded bars are used to quickly read the RSI value and history. Features Find overbought and oversold situations at a glance. The indicator is non-repainting. The indicator can be easily used as part of an EA. (see below) Basic Strategy Look for shorts when the indicator is overbought. Look for

This indicator is based on CCIs indicators and is fully automated. Line shows trendline by CCIs. This indicator calculates CCIs of All timeframes and shows current line on each timeframe. You can use it on any timeframe you wish, trendline is calculated for this timeframe. Settings are not needed. Test it on Demo account before Real Account. Trading is risky. You trade at your own risk.

This Is An Oscillatory Indicator Which Has OnlyTwo Lines: Main Line - The calculation for this value is based upon the open, high, low and close prices of chosen input parameters (within the set periods.) Signal Line - The Calculation for the signal line is based on the addition (& multiplication) of several moving averages of the Father, Son & Holy Spirit Periods (all applied to the main line's value). Input Parameters Please Note that by way of combination, each input parameter plays several

Spread Monitoring is a unique product for analyzing a spread. Unlike most similar indicators, Spread Monitoring uses ticks rather than bars allowing you to detect abnormal spread expansions. Features Works on ticks rather than bars. Simple and easy indicator configuration. Works on all timeframes. Works on any financial instrument. No repainting. Parameters Total - number of displayed ticks. clrSpread - indicator line color.

i-Orders   is a simple indicator to monitor your own trade/analyze others' trades. I use it for a long time and do not imagine a chart without these arrows, lines and trade result numbers. The features allow you to: disable display of opened and closed positions ( Show OPENED ,  Show CLOSED ,  Show PENDING ), change colors of arrows and lines for profitable and loss-making buy and sell positions separately ( Color for profitable/ losing   BUYs/SELLs ), change style and width of the lines connect

MACD Swing Low Multi Time Frame Indicator is one of the most advanced indicators based on both Swing Low and MACD trading strategies. It supports multiple timeframes, i.e. by attaching the indicator on a single chart, one can see the MACD Swing Low values for all the other timeframes on a single chart. One would just have to select the timeframes, for which he wants to see the calculated values. Features On the chart, one can set the option to view the MACD Swing Low calculated values and the M

Entry Arrow Alerts: Finds market entry opportunities then notifies you via mobile or desktop alerts The key features include: Conservative mode . One entry signal per direction. Ideal for the patient trader looking to capture longer term moves. Aggressive mode . Multiple possible entry signals per direction. Ideal for the active trader looking to capture multiple moves within the same trend. Trigger Line . Price entry line helps cut down on false signals. Display Window . Allows you to instantly

This indicator works on the binary options It uses stochastic strategy to indicate the upcoming trend of the market This indicator helps traders to place a trade with the prediction involved on the stochastic strategy. This indicator makes use of the symbols to indicate the prediction regarding the order. Symbols The upward symbol predicts the trend going up, so that traders can place trades accordingly. The downward symbol predicts the trend going down, so that the trader can place trades acc

The Shark Pattern is dependent upon the powerful 88.6% retracement and the 113% Reciprocal Ratio, works extremely well retesting prior support/resistance points (0.886/1.13) as a strong counter-trend reaction. Represents a temporary extreme structure that seeks to capitalize on the extended nature of the Extreme Harmonic Impulse Wave. The indicator demands immediate change in price action character following pattern completion. Extreme Harmonic Impulse Wave utilized depends upon location of 88.6

This indicator was created to spot potential reversals in the market. It will help you find the edge while trading which is required to be profitable. The indicator does what its good at, processing data objectively and presents you with the results once a new setup has been formed. It can send you a notification or email and such, so you are not required to follow the market every move. This, coupled with the edge it gives, give you the time and rest to take the appropriate action. The Engulfi

This indicator was created to spot potential reversals in the market. The Pinbar, or Pinnochio Bar, pattern is a a great candlestick pattern which can yield good trading results if traded properly. The idea behind this pattern is that price tries to trick us into thinking the wrong direction. When a Bullish Pinbar for example has formed, it tries to convince us price is going higher but in reality price is going down at the end of the bar. These patterns can be powerful reversal signals when use

Fractalicious shows Fractals of any length, higher or lower highs and lower of higher lows, the fractal channel and the breakout of the channel. Fractals are an important trend and price action pattern. Fractalicious can be used on any timeframe and symbol. Settings Fractalicious default settings are good enough most of the time. Feel free to fine tune them to your needs. Show last fractal - Set to true to show fractals from the last completed bar. (This could move the fractal if the current ba

This is a pack which contains both the Engulfing Scanner as well as the Pinbar Scanner . The indicator comes with several sorts of alerts which makes it easy for a trader to wait for a pattern to be formed, have it signaled and then check the chart to see what the bigger story tells you. Pinbar Scanner The Pinbar, or Pinnochio bar, pattern is a a great candlestick pattern which can yield good trading results if traded properly. The idea behind this pattern is that the price tries to trick us in

MA Crossover Arrows is a simple indicator that draws arrows and alerts when two moving averages crossover. Supported types of moving averages Simple Exponential Smoothed Linear Weighted Supported Price types Close Open High Low Median Price (HL/2) Typical (HLC/3) Weighted Close (HLCC/4) When the fast moving average crosses above the slow moving average, a green up arrow will appear on the chart. When the fast moving average crosses below the slow moving average, a red down arrow will appear on

Or ( BD% ) which is a volatility index that measures volatility in percent rather than points. The idea of BD% is to make an index depending on the Classic Standard Deviation (CSD) that moves between 0 and 100 percent. You can use BD% to compare volatility for the same security in different time periods or different time-frames. In addition, you can use BD% to compare volatility between different securities in different markets in terms of percent rather than points. HOW TO USE "BD%" If BD%

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 indicator for Metatrader 4 identifies when a divergence occurs between price and an oscillator/indicator. It identifies both bullish and bearish divergences. It has a RSI filter option which makes it possible to filter out only the strongest setups. The indicator also offers options to wait for an Engulfing formation, Donchian channel breakout or for p

OSMA Breakout indicator displays signals formed at the time of overcoming the previous extremum of OSMA while simultaneously forming the extremum point on the price chart. If the extremum of the previous wave is punched, but the price remains in flat (in a narrow range), the signal is not displayed. This approach allows you to reduce the number of false signals in a long trend and the divergence of the indicator. The indicator works on any trading instrument and timeframe. Parameters Fast EMA P

The indciator helps you find a broker with the best spread. This is a tool for monitoring a spread continuously on the chart. The tool records the spread value on each bar and re-draws the chart line in the bottom window. The best feature of the tool is that it recalculates the percentage and re-draws the bar chart of each spread value to identify the spread values that appear most during the monitoring period. In addition, the tool saves the diary into the csv file. Please watch the instruction

The indicator plays sound alerts when the price reaches certain levels, specified by trader. You only need to draw a trendline and then press the alert button in the panel. The texts of the notification you determine. Notification via a smartphone or email address is possible. Note for "Free Demo" : MetaTrader 4 does not support displaying an alert window or playing sounds in the strategy tester, only in live or demo accounts. How it works Draw a trendline Click the "Alert" button (Trendline m

This indicator will show Buy (color Aqua) or Sell (color Magenta) arrow at the moment when a Long or a Short local trend (local to the current TimeFrame) is expected. The huge advantage is that the indicator does not have any input parameters. So, you will not waste your time and will not struggle to change them for different TimeFrames and currency pairs. This indicator is universal, but it will work better on H1 and lower TFs.

The 'OHLC Breakz ' indicator was developed to show breakouts of reversals with custom price action patterns. The arrows show price action of reversal conditions with trendlines which indicate long term trend formations. Key Features Custom price action pattern indicating a reversal/breakout from the prior bar. There are visual options available as well as modes which are all non-repaint. Non-repainting signals presented at the beginning of a new bar and at bar 0. Showcasing support & resistance

This indicator predicts the nearest candles of the chart based on the search of up to three best coincided patterns (a sequence of candles of a given length) in the history of the current instrument of the current timeframe. The found patterns are aligned with the current pattern at the   opening price   of the current (last) candle . The predicted candles are candles following immediately for patterns found in history. Pattern search is performed once every time a new candle of the current tim

Fractals ST Patterns is a modification of Bill Williams' Fractals indicator. Unlike a standard Fractals indicator, Fractals ST Patterns allows setting any number of bars to find a fractal. This simple indicator corresponds to the parameters specified in the ST Patterns Strategy ( https://stpatterns.com/ ) . Structural Target patterns are the market itself, which is consistently divided into components. For the formation of ST Patterns , no trend lines, geometric proportions of the model itself,

ADR ST patterns is a modification of the classical ADR indicator. This simple indicator corresponds to the parameters specified in the ST patterns Strategy ( https://stpatterns.com/ ).   Structural Target patterns are the market itself, which is consistently divided into components. For the formation of ST patterns , no trend lines, geometric proportions of the model itself, trading volume, or open market interest are needed. They are easily recognized and built only on the basis of breaking thr

This indicator displays the ZigZag Pointer Fibonacci Expansion Triangle movements timeframes only M1-W1. Parameters InDepth: Displays the Depth movements. InDeviation: Displays the Deviation movements. InBackstep: Displays the Backstep movements. Fibonacci Expansion: Displays the Fibonacci Expansion movements. Fibonacci Expansion true.(false) Triangle: Displays the Triangle movements. Triangle true.(false) How to understand the status: If the Triangle is green, trend is up. If the Triangle is r

The ' MTF MA Cross ' indicator comes from the time tested 'Moving Average Cross' strategy with several options available. The strategy in itself is one that was derived from rigorous testing on what was profitable in a moving average cross. Key Features This indicator contains a fast and slow Moving Average cross with MTF & filtering settings. There are additional settings to filter signals out with how many bars and how many points. Indicator can be no-repaint when set with open prices & NewBa

MACD BBands is a trading system based on MACD and Bollinger Bands placed in a single window. The indicator shows moving average slope angle (trend) change, compares their ratio (convergence/divergence) and allows sorting out signals using Bollinger Bands. The indicators are calibrated in such a way that the middle Bollinger Bands line is the zero level of the MACD indicator. Parameters Period - Bollinger Bands period; Deviations - number of standard deviations; Shift - shift relative to price;

The indicator shows the levels of the past week and day. In addition, it draws a level in percentage. This level is specified relative to the difference between the High and Low of the past month and week. For the daily levels of the past day, the Close levels are additionally displayed. All you need to do is configure the display parameters of the levels to your liking. Parameters Over the past months installations - settings for the last months; PasteMonthsLines - the level display mode is on

This indicator displays in a separate window the difference between the number of points which increased the price, and the number of points that decreased the price during the time interval specified in the settings. The time interval for calculation is expressed as the number of bars of the chart the indicator is attached to. This approach allows you to evaluate the movement direction (growth or fall) of the instrument's price, the strength of the movement and the size of the movement in point

Shark Surfer is a new generation indicator applying a well-established trend-following trading. The product is good both for scalping, as well as medium- and long-term trading. Shark Surfer analyzes a selected symbol and shows the recommended market entry, take profit and stop loss levels. Shark Surfer trades on all symbols and timeframes. It also features email and push notifications concerning the new trading signals. The indicator searches for suitable market entry points on an already formed

THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HERE

This is professional fractals indicator able to work "on several screens" while on a single chart. The product has been developed for scalpers and those relying on "accurate" entries. The indicator shows fractals from six timeframes and displays the distance between the price and a new emerging fractal on lower timeframes showing the price behavior more clearly and making its analysis more accurate on reversal points. The indicator displays fractals from the D1, H4, H1, M15, M5 and M1 timeframes

Pivots Points are significant levels traders can use to determine directional movement, support and resistance. Pivot Points use the prior period's high, low and close to formulate future support and resistance. In this regard, Pivot Points are predictive and leading indicators. Pivot Points were originally used by floor traders to set key levels. Floor traders are the original day traders. They deal in a very fast moving environment with a short-term focus. At the beginning of the trading day,

Market Statistic Dashboard is an interesting tool for statistic analysis. This indicator scans the market and returns very accurate statistical analysis. The analysis is based on historical data. For example: it analyzes monthly chart and compares all the monthly charts in the past. The statistical analysis is run also on other TFs: weekly and daily ones. It is necessary to wait for the confluence of all timeframes to have a higher statistical certainty for the trading signal. Note: refresh your

Ticks Line Chart is a professional indicator for the MetaTrader 4 platform. This indicator allows displaying a tick chart in a separate window, so that you can see price changes inside bars. Note that the Strategy Tester of the MetaTrader 4 trading platform only shows the static spread, that is why in in the tester the distance between the ASK and Bid prices will always be the same. Indicator Benefits Perfect for scalping. A unique indicator, there are no free analogues. Using the flexible indi

The Strong Volume Signal indicator is an indicator designed to generate trading signals. Using a number of price movements and a set of indicator properties to generate these signals. The purpose of this indicator is to generate signals from the highest probability of trading. Easy to use, simple and understandable to the user. Visually the user can easily recognize the signals. With alert features, user signals can be reached quickly. This indicator will not be repainted. Features and Suggesti

The   OHLC indicator   shows the current and historical values of High, Low, Open, Close and Mid for a specific time period. It can plot the current values or the values from the previous session. The indicator's range can be calculated from a daily, weekly, monthly, or user-specified session. Levels High  of the current or previous session. Low  of the current or previous session. Open  of current or previous session. Close  of the current or previous session. Midpoint  of the current or prev

The Super Cross Trend indicator is designed for trend and signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. You can only trade with this indicator. The generated signals are displayed on the graphical screen. Thanks to the alert features you can ge

The I Return Signal indicator is a product designed for signal trading. This indicator works by using a number of factors such as a set of indicators, recent history data, bar combinations, price movements, custom filtering system and various algorithms. It uses all of these factors at the same time and generates turn signals. The signals are generated by calculating from the highest possible points of the signal. This indicator is easy to use and understandable. Thanks to the warning features,

Adaptive MA is a simple modification of the moving averages (MAs) that allows displaying an average value line based on multiple MAs on the chart. The parameters allow you to set any number of MA periods. The number of parameters is equal to the number of moving averages applied in calculation. At first, it may seem that nothing new has been invented and there is no sense in this approach. However, this impression is deceptive. As we know, the trends have different duration. Have you ever tried

Every indicator has its advantages and disadvantages. Trending ones show good signals during a trend, but lag during a flat. Flat ones thrive in the flat, but die off as soon as a trend comes. All this would not be a problem, if it was easy to predict when a flat changes to a trend and when a trend changes to a flat, but in practice it is an extremely serious task. What if you develop such an algorithm, which could eliminate an indicator's flaws and enhance its strengths? What if such an algori

Features It is a demo version of All inOne indicator It works only on EURUSD, but the full version works on all currency pairs. All in One indicator is a simple indicator, it makes you know about 8 indicators in all timeframes simultaneously at a single glance. Stochastic RSI Moving Average (MA) Parabolic SAR ADX MACD CCI Last Candle (Candle) In all timeframes (M1, M5, M15, M30, H1, H4, D1, MN) at the same time. Parameters Stochastic: PercentK : Period of the %K line. PercentD : Period of the %

This powerful indicator intercepts 21 patterns simultaneously on 28 Pairs and on all timeframes. Just put the indicator on a single chart to see all patterns that appear on all pairs in all timeframes The patterns found are: For Bearish: Bearish Abandoned Baby; Bearish Engulfing; Bearish Harami; Bear Kicker; Dark Cloud Cover; Evening Doji Star; Evening Star; Shooting Star; Three Black Crows; Three Inside Down; Three Outside Down; For Bullish: Bullish Abandoned Baby; Bullish Engulfing; Bullish Ha

Advanced awesome indicator is a modified and advanced version of the standard awesome oscillator. With this indicator you can now make adjustments that you can not do on the awesome indicator. You can change and edit this indicator to suit your strategy. You can easily use it to recognize large and small trends. Features The period can be set to define larger and smaller trends with the fast and period slow feature. You can change the input mode with the price mode. You can use Simple, Exponent

Front running is a high frequency trading method of placing orders before large orders available in market book. This increases your chances to hit small take profit and eliminate stop loss behind the large order. This technique is highly profitable in comparison to most others, and is often considered to be illegal, if used by agents to make a profit at the expense of the client. Unfortunately, Forex does not provide the order 0book. Nevertheless, large orders influence price action in a simila

The Super Volume Trend indicator uses a set of algorithms and indicators. The purpose of this indicator is to find healthy trends with specific volume movements. It uses some filtering systems to find these trends. The indicator is easy to use, simple and understandable. This is a standalone trend indicator which does not need additional indicators. Users can apply it together with other indicators that are appropriate to their strategy. Suggestions and working style The period settings have be

Buy Market Scanner is a ready-made trading system, which shows the moments when it is necessary to open or close deals. Buy arrows appear on the zero bar without delay and redrawing. The same applies to signals for closing orders. They appear on the zero bar and are not redrawn. The number of profit or loss in points for a certain time period is displayed in the top right corner of the indicator. The indicator works best on the EURUSD currency pair with the H1 timeframe. Operation Principles In

Trend Bars indicator is a trend indicator working with a set of algorithms and a set of indicators. Trend finds trends by using many factors while you are there. This indicator has 4 mode features. Mode 1 represents short-term trends. Mode 2 represents medium to short term trends. Mode 3 represents medium to long term trends. Mode 4 represents long term trends. Easy to use and simple indicator. The user can easily understand the trends. This indicator has 3 trend features. Up trend, down trend a

The DayWay indicator shows the current trend direction on the chart as a colored line. The best timeframes for operation are M5 and higher. Works on all currency pairs. Suitable for any scalping strategies. Quite easy to use. Recommendations on usage When a blue line appears, wait for a candle to close and open a buy order. When a red line appears, wait for the current candle to close and open a sell order. Parameters Periods - period of the indicator.

The indicator is designed for binary options. It produces a sound alert, after which you should instantly enter the market. The indicator operates based on signals form RSI and CCI, as well as support and resistance levels. When the chart is in overbought and oversold zones, the indicator finds a level in this zone and notifies you using a sound and a message. Indicator Parameters dist - the number of points to generate a signal. Suitable values ​​are from 21 to 50. Filtr_SMA - the filter, used

This indicator displays in a separate window the difference between the number of ticks which increased the price, and the number of ticks that decreased the price. This approach allows you to evaluate the movement direction (growth or fall) of the instrument's price and the strength of the movement. Set the time interval for calculation, expressed in the number of bars. The in real time uses only the ticks that arrive in real time, the history data are not analyzed.

The indicator displays the resistance/support levels based on the history data of price action. It requires a depth of history to calculate the levels. The tool has been developed using an original proprietary technique. The resistance and support levels indicate the accumulations of orders. Indicator Parameters Start Data/Time - initial date/time of the history data for calculation of levels Width of Lines Resistance/Support in Points - thickness (density) of lines in points, it is recommended

This StrongCurrency is a complete trading system based on a variety of technical indicators, moving averages and pivots. Each of those elements can be assessed in defined rules and coefficients (depending on the indicator) providing limitless optimization scenarios for the StrongCurrency. In order to work the StrongCurrency creates a trend strength and entry point signal list display by evaluating these data, that takes data from all symbols. It extrapolates all the information in order to get t

This indicator is constantly calculating the probability of a trend. The result of those calculations is shown in the upper left corner of the chart. It is shown in a green color text if the trend is expecting to go Up, in a red text if the trend is expending to go Down, and in a white text if "no trend" is calculated. It can show cross lines in color of your choice or you can delete those cross lines by setting Cross color to "None". This indicator can show a radar vector in color of your choic

This simple indicator takes information from Ichimoku Kinko Hyo to establish strong and weak currencies to pair together for ideal trending situations. It also generates buy or sell signals based on the standard deviation of returns together with currency strength. A currency is said to be strong or weak depending on where the price is in relation to two factors: if the price is above the daily kumo and above the 26 day Kijun-sen, it is said to be strong. Likewise, when trading below the daily k

The WWCS Trade Information Indicator is designed to assist you with money management and provide you with important information about a currency pair both before taking a trade and after your trade is in progress. The trade information (such as recommended lot size for a desired percentage of your account equity, the amount of money at risk, etc.) takes quite a bit of time and knowledge to calculate and, because of the speed at which prices change, is out of date as soon as you've calculated it.

The   Retracement indicator   shows the current and historical high, low and mid values. Optionally, it can also display major retracement levels. All these levels together form the significant levels of support and resistance. Therefore, it is essential to know them for every kind of trader. Levels High Low Midpoint 76,4 % 61,8 % 38,2 % 23,6 % Main features The indicator shows the actual levels of High, Low, Mid and selected retracements. Four optional retracement levels. Alert notifications

Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough

MASi Three Screens is based on the trading strategy by Dr. Alexander Elder. This indicator is a collection of algorithms. Algorithms are based on the analysis of charts of several timeframes. You can apply any of the provided algorithms. List of versions of algorithms:     ThreeScreens v1.0 - A simple implementation, with analysis of the MACD line;     ThreeScreens v1.1 - A simple implementation, with analysis of the MACD histogram;     ThreeScreens v1.2 - Combines the first two algorithms in

This indicator lets you easily mark the daily open levels on a chart with several possibilities of customization. For many trading strategies, the daily open level is an important level to base trading decisions on. That is why I chose to create this indicator that is designed to assist you with trading these strategies, as well as further optimizing them and getting a general understanding of the markets movements. With this tools help, you can easily take a look at the previous price action ar

This indicator studies the price action as a combination of micro-trends. All micro-trends are analyzed and averaged. Price movement is filtered based on this averaging. IP_High and IP_Low (blue and red dashed lines) show the instantaneous price movement. They display the forecast only for the current price values, taking into account only the number of bars defined by the 'Filter level' parameter. SP_High and SP_Low (blue and red solid lines) smooth the price movements with respect to history.

Strongest and Weakest Currency Analysis This product shows the strength of the main currencies in FOREX based on average pip gain/loss in different time-frames! Depending on the strength of the currency, the indicator colors changes from blue to red also the orders may also be changed, allowing you to find the strongest and weakest currency at a glance! Advantages Whatever your trading method and strategy are, it is always important to choose the correct pairs, so this indicator will help you a