New Technical Indicators for MetaTrader 4 - 144

Power Index Fx is a new generation indicator that allows an intelligent multi Timeframe analysis. The indicator is flexible and completely customizable. Its positioning in separate window makes it unobtrusive and extremely functional. Its formula of calculation makes it a fundamental tool for identifying possible moments of continuation in favor of Trend. Power Index Fx is a professional tool able to increase your operational potential. Input Values DASHBOARD SETTINGS How many symbols to show 2

Openology is a very simple indicator that can show the historical information of the opening price levels. The histogram has in fact the task of showing the history of this value in order to study the conditions of permanence and duration of this very important market condition. The indicator, in separate window, is not intrusive and through its internal customization extremely simple in use. Very important is the possibility to enable or disable a timeframe to show the agreement of study on Ope

The indicator places Semaphore points on the maximum and minimum of a higher, medium and lower period. It includes A,B,C Triangles for easier spotting of reversal chart pattern which occurs very frequently and has a very high success ratio. Both Semaphore and A,B,C Triangles have Alerts and Push notifications to a mobile device when they occur on the chart. These indicators are very useful for breakout trading and spotting support/resistance levels which gives good opportunities for positions.

FutureTrade is one of the few indicators that predicts the price right on the price chart. The indicator calculation algorithm is based on the fast Fourier transform. Given the oscillatory behavior of the price, the Fourier function predicts its future behavior. The indicator should be attached in the usual way to a chart with the trading instrument specified symbol and with the M15 timeframe. This timeframe is the most optimal for working with any symbols. Once started, the indicator calculates

Trading volume and volatility change for different currency pairs, depending on the movement of the clock hands. You will be able to trade more efficiently if you know which currency pairs are at the center of attention at one time or another. Timing plays a very big role when trading currencies. The indicator shows the trading sessions of the largest exchanges in the world. The operating time is displayed in the form of a countdown before the opening time and the closing time according to UTC (

The Relative Strength Index (RSI) was developed by J. Welles Wilder and is a momentum oscillator that identifies overbought and oversold conditions. It is also a popular choice for many traders helping them find entries into the market. How it Works The simplest way to use the Relative Strength Index is to wait for an overbought or oversold condition and then enter into a trade when the RSI indicates that price is resuming in the dominant direction of the trend. Buy signals : For the first cond

The indicator displays divergence and convergence on all instruments. It works on all timeframes. After finding divergence/convergence, the indicator draws a Buy or a Sell arrow according to the detected signal.  Settings Buy - show buy signals Sell - show sell signals Divergence - show divergence on the chart Convergence - show convergence on the chart KPeriod, DPeriod, Slowing - Stochastic settings drawPriceTrendLines - draw a line (of divergence/covergence) on a price chart drawIndicatorTren

Real-time trend, pricing, and volume details in the corner of the current chart. This indicator displays useful trend, pricing, and volume information in the corner of the current chart. With this indicator, you get real-time market trend, pricing (Ask, Bid, spread, Open, High, Low, change from previous bar Close), and volume (current, High, average). After the indicator is executed, you will see this real-time data in the upper right-hand corner of the chart or an alert indicating that an error

Heiken Ashi Smoothed Strategy is a very simple but powerful system to get forex market trend direction. This indicator is actually 2 indicators in 1 pack, Heiken Ashi and Heiken Ashi Smoothed Moving Average both included. Because HA (Heiken Ashi) and HAS (Heiken Ashi Smoothed) are calculated in the same one system event with necessary buffers and loop only, so it is the FAST, OPTIMIZED and EFFICIENT HA having the combined indicator of MetaTrader 4. You can choose to display HA and HAS in the sam

The Pivot Bro technical indicator is a powerful tool designed to identify retracement areas using Pivot, Fibonacci, ATR, and ADR levels. It goes beyond that by also recognizing price action based reversal candlestick patterns . Additionally, the Currency Meter is a valuable companion for assessing the true strength of major currencies. By analyzing 28 currency pairs and displaying their strength on the chart with color changes, it enables traders to make informed decisions on entry and exit poin

This indicator is a mathematical expression of the rate of price movement over time. Overbought and oversold market states comprise the basic concepts of the oscillator. The market is considered to be overbought when the indicator line is near its upper limit. In the oversold state, the indicator line is near the lower limit. The indicator also takes into account the crossover of lines. It notifies the user by displaying a dialog box, sending an email or push notifications to mobile terminals.

The objective of the Crypto-Box Indicator is to determine the most efficient entry in trends. . It works for all purposes, standing out in the main cryptocurrencies: BitCoin, LiteCoin, Ethereum and Emercoin. And in Currencies: EURUSD, USDJPY и GBPUSD. The indicator is designed to find the best conditions for financial instruments. Detects acceleration patterns in prices in areas of supports and resistances. The development team is constantly improving the functionality of the Indicator and we th

Daily candles on the lower timeframes indicator allows the user to display the daily timeframe on the lower timeframe chart. The indicator shows the daily candles on the chart from yesterday. It does not represent the today's daily candle. You can position and color the candles with or without price labels (High/Low/Open/Close of the day) and High/Low lines. It can help to see the bigger picture if you are a day trader or scalper. Obviously the best use is on the lower than daily timeframes. The

Sign of victory is a new indicator based on three digital filters. The indicator plots three histograms in a separate window, and also draws an arrow on the price chart. Each histogram is a digital filter that converts quotes and decomposes them into trends: buy or sell. The examples of market entries using this indicator are shown on the screenshots using arrows. This indicator can help traders better assess the market situation. Sign of victory features The indicator is perfect for scalping a

Multicurrency and multi timeframe modification of the Relative Strength Index (RSI) indicator   — RSI Dashboard . You can specify any desired currencies and timeframes in the parameters. Also, the panel can send notifications when crossing overbought and oversold levels. By clicking on a cell with a period, this symbol and period will be opened. This is MTF Scanner. The key to hide the dashboard from the chart is "D" by default Similar to the Currency Strength Meter (CSM) , the Dashboard can aut

Multicurrency and multitimeframe modification of the Stochastic Oscillator — Stochastic Dashboard . You can specify any desired currencies and timeframes in the parameters. The panel displays the current values and intersections of the lines — Signal and Main (stochastics crossover). Also, the indicator can send notifications when crossing overbought and oversold levels. By clicking on a cell with a period, this symbol and period will be opened. This is MTF Scanner. Similar to the Currency Stre

This indicator shows main trend, entry zone and exit zone. This is a muti-timeframe indicator, so it is always repainting in the current period of the higher timeframe. Features Colorful Histogram: it indicates the main trend, the tomato means the market is bearish,and the sky blue means the market is bullish. Inner Blue Bands: it is entry zone for entry market, the market is relatively safe for entry. Outer Yellow Bands: it is exit zone for exit market, the market is oversold or overbought.

The Discrete wavelet transform indicator is an enhanced implementation of the numerical and functional analysis for MetaTrader 4, the discrete wavelet transform method (DWT). The specific feature of DWT is the way the wavelet is represented in the form of a discrete signal (sample). DWT is widely used for filtering and preliminary processing of data, for analyzing the state and making forecasts for the stock and currency markets, for recognizing patterns, processing and synthesizing various sign

This Supply & Demand indicator uses a unique price action detection to calculate and measures the supply & demand area. The indicator will ensure the area are fresh and have a significant low risk zone. Our Supply Demand indicator delivers functionality previously unavailable on any trading platform. Trading idea You may set pending orders along the supply & demand area. You may enter a trade directly upon price hit the specific area (after a rejection confirmed). Input parameters Signal - Set

The indicator shows possible reversal points. It is based on several candlestick patterns + an oscillator. The indicator is easy to use: install it and watch arrows. Sell when a red arrow appears and buy when a blue arrow appears. If you set the Alert option in the indicator parameters to True, the indicator will show an alert window with information about the currency pair, on which the signal has formed. ALERT = True/False; Attention ! It is not the Holy Grail for trading, errors may happen.

The indicator shows the real waves of four (selectable) timeframes on the current chart, displaying the wave structure of the market. The indicator is able to monitor the formation of waves in real time. It informs the trader when the wave of the current or higher timeframe is completely formed. It visualizes waves starting from the current timeframe and higher. Convenient and customizable visualization of the wave structure of the market. When using this indicator, there is no need to manually

PDP indicator is used for: defining price probability distributions. This allows for a detailed representation of the channel and its borders and forecast the probability of a price appearing at each segment of its fluctuations; defining the channel change moment. Operation principles and features PDP analyzes a quote history on lower timeframes and calculates a price probability distribution on higher ones. Forecast algorithms allow the indicator to calculate probability distributions and mov

This multicurrency indicator is the Lite version of the Cosmic Diviner Reversal Zone Pro indicator. The indicator is based on original formulas for analyzing the volatility and price movement strength. This allows determining the overbought and oversold states of instruments with great flexibility, as well as setting custom levels for opening buy or sell orders when the overbought or oversold values of the instruments reach a user-defined percentage. A huge advantage of Reversal Zone Lite is the

The Renko_Bars_3in1 is designed for plotting 3 types of Offline Renko charts. Standard Renko Bar (the reversal bar is twice the size of the bar). Renko Range Bar (the size of all bars is the same). Renko Bars with the ability to adjust the size of the reversal bar. Attention : The demo version for review and testing can be downloaded here . Note . A chart with the M1 period is necessary to build an offline chart. When the indicator is attached to a chart, the offline chart is opened automaticall

DYJ Sharp advanced algorithm that detects new trends and current trend continuations for use as an entry and exit strategy. The strategy display the SHARP trend demarcation area. This SHARP area has high HighLine and low LowLine. Falling of high below HighLine of SHARP and then falling of close below LowLine of SHARP can be interpreted as a signal to sell. Rising of close above HighLine of SHARP and then rising of low above LowLine of SHARP can be interpreted as a signal to buy. The signal for e

This indicator is designed to help traders in determining the market entry and exit points. It is very easy to use: open s BUY deal when the up arrow appears and open s SELL deal when the down arrow appears. The indicator is based on the basic indicators (MA, MACD, RSI) as well as original algorithms. The indicator does not redraw, arrows appear when a new candle opens. Input Parameters: strength - indicator period EnableAlerts - enable/disable alerts EmailAlert - send notifications to email wh

Based on Vitali Apirin's idea, here is a momentum indicator that he describes as a tool to help traders determine the direction of a trend. If the green line is over the red line, the trend is upward; if the red line is over the green one, the trend is downward. The indicator is made up of two separate calculations: the HHs or higher high stochastic, and the LLs or lower low stochastic, which together comprise the HHLLs. Vitali Apirin uses ideas he discovered while studying the stochastic oscill

All patterns from Encyclopedia of Chart Patterns by Thomas N. Bulkowski in one indicator. It draws an up or down arrow whenever a pattern is identified. Patterns are selected in the drop-down list of the Pattern variable (located at the beginning of the properties window). The indicator has numerous external parameters, some of them apply to all patterns, while others are selective. To see more information on the parameters used for the selected pattern, enable the ShowHelp variable (located at

Market Trend - a comprehensive system for determining the trend direction. Analyzes the market using a formula which considers the values of multiple technical indicators and other trading strategies. IT determines not only the current trend direction, but also its movement strength. The indicator is intuitive and very easy to use. The information on the current trend direction and its movement strength are displayed on the chart. If the indicator shows "UP!" then an uptrend is currently present

This indicator shows the current market situation relative to the price volatility channel, its external and internal boundaries, displays the last direction of the price movement. The main purpose of the indicator is to identify the trend movement and its boundaries. With a wide channel, it can be used for determining the initial price movement waves. It works on any instrument and any time frame of the chart. It works in 2 different modes: The first mode shows any changes in the channel when t

This is a Multi Timeframe engulfing candle alert indicator. You can use on the current timeframe only or all of the timeframes from the 1 minute to the monthly. This is a non-repainting MTF indicator. When you use the selected timeframes option, (MultiTimeframe mode), you can see signals on the actual current timeframe and above. There is a Pop up, email, and push notification alerts for each chosen timeframe separately. The indicator place a dot on the price chart. For bullish engulfing candle

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automatin

In Forex trading, the Open price of a new period is usually the same as the close price of the preceding one. If a new period opens at a price significantly different (higher or lower), this gives way to a Gap scenario. This suggests an imbalance in the price action. Price tends to move during the new period to cover the gap created. This move presents consistent buying and selling opportunities; hence potential to make profit. There are two types of Gap scenarios 'Gap Up' - Open price of the ne

Brief Description of the All Trend Lines Indicator The indicator analyzes the wave structure of the market. What it displays on the chart: First. Wave pivots (semaphores) • Red markers – wave highs • Yellow markers – wave lows • Yellow-green markers – additional local extremes Second. Trend lines • Purple/blue lines – trends based on highs (resistance/support) • Beige/green lines – trends based on lows • Lines are built automatically by connecting wave pivots of the same type Third. Main trend

This is a trend following indicator that identifies optimal entry points in the direction of a trend with an objective stop loss to manage the trade. The indicator allows you to catch trend early and ride it. The Indicator draws resistance line as it detects an Uptrend and draws support line when it detects a Downtrend on the chart. When those levels are broken, that allows you to identify the Trend Direction and Momentum in the direction of prevailing trend which offers optimal entry points in

This is a ready-made strategy for binary options! Support/resistance levels are used to form a signal, while a number of built-in indicators are applied to sort out incoming signals. An arrow appears during a signal formation. If the signal is active, then the arrow remains after the close of the bar; if the signal is not strong enough, the arrow disappears. With a small number of signals and a small trading time, you will not need to sit all day at the computer, especially since you can enable

PipTick World Flow indicator is a unique tool that allows traders to see the flow of the global economy in one window. Basically, it shows the current strength of oil, gold, dollar and stock market in one chart. It helps to understand the basic relations and correlations between those markets. Relationships between markets Oil - The Boss - The whole world economy is based on oil. Oil is the king, the boss of all bosses, the capo di tutti. Oil instructs gold what to do. Gold - The Manager - Gold

This indicator contains a custom version of the classic Turtle Trader indicator. It implements both the main system ( S1 ) and fail-safe system ( S2 ) as described by the original Turtles. Notifications can also be enabled for trade signals. The main rule of the indicator is to generate a signal when a T -period breakout occurs. A stop signal is then generated when an S -period high or low is breached. The T -period value is the number of periods used to evaluate a trend. S -period values are th

Easy to use trend indicator. Only one adjustable parameter that does not require optimization, which is responsible for the timeframe of the second line of the indicator. It can take three values: current - the second line is not calculated, one higher - one timeframe higher that the current one, two higher - two timeframes higher than the current one. The system for determining the market direction is based on a proprietary method, which uses the two most effective standard indicators (CCi and

ScalpingPro is a new indicator for professional traders. The indicator is a ready-made scalping strategy. The algorithm calculates a micro trend, then searches for price roll-backs and forms a short-term trading signal according to a market price. The indicator consists of a data window and a graphical signal on the chart in the form of an up or down arrow. The data window displays the current trading symbol, spread and appropriate trader's actions: WAIT, SELL and BUY . Advantages the indicator

The Vortex Indicator was inspired by the work of an Austrian inventor, Viktor Schauberger, who studied the flow of water in rivers and turbines. Etienne Botes and Douglas Siepman developed the idea that movements and flows within financial markets are similar to the vortex motions found in water. The Vortex Indicator was also partly inspired by J. Welles Wilder's concept of directional movement, which assumes the relationship between price bars gives clues as to the direction of a market. This i

DSProFx Momentum Indicator is a forex indicator that works based on market price momentum calculation which shows combination of two different timeframes. Concept DSProFx Momentum Indicator works in any timeframe with the main concept is giving momentum index to each candle or bar which is calculated from the Bar Volume , LookBack Period and Candle Direction (Bearish or Bullish). Formula Momentum Index = Sum (Bar Volume * Weight) / Total Weight. Features DSProFx Momentum Indicator is a separa

This unique multi-currency strategy simultaneously determines the strength of trends and market entry points, visualizing this using histograms on the chart. The indicator is optimally adapted for trading on the timeframes М5, М15, М30, Н1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (TP1, TP2 with text labels) and the recommended Stop Loss level. The take profit levels (TP1, TP2) are automatically calculated for

This unique multi-currency strategy simultaneously determines the end of the trend, entry points and the expected 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 (Fast Take Profit, Middle Take Profit, Main Take Profit, Global Take Profit) and the Stop Loss level. The detailed guide on how to use the indicato

Description:  User_Manual The EZT Trend indicator will show you the trend, the pullback and the entry opportunities. Optional filtering and all type of alerts are available. E-mail and push notification alerts are added. We are also developing an EA based on this indicator, which will be available soon. It is a multi-functional indicator consisting of two color histograms and a line. It is a visual representation of a trend direction and strength, also you will find divergence many times, eithe

The   Candle Power Pro   is a sophisticated trading tool designed to decode   real volume pressure, tick data imbalances, and institutional order flow dynamics   by measuring the   battle between bull ticks and bear ticks   in real time. This indicator transforms raw   volume data into actionable insights , helping traders identify   Smart Money movements, liquidity hunts, and hidden market psychology   behind each price candle. By analyzing   buyer/seller volume percentages, divergence pattern

The Two MA Crossover is a powerful notification system designed specifically for traders who rely on the Moving Average Crossover Strategy . This fully automated indicator serves as a comprehensive alert system, ensuring that you never miss a crucial trading event. It sends notifications to your mobile device, email, and displays pop-up alerts with sound on your computer, all when it detects a moving average crossover based on your preferred parameters. One of its notable features is its compati

Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use

This is an expanded version of the Time Levels indicator provided with sound alerts notifying of level intersection. The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. This version is provided with an option for alerting using an audio signal a

Correct market entries and exits are essential for any Forex trader. MasterArrow indicator addresses this issue. It has no redundant elements and draws only buy/sell arrows. The up arrow is a BUY signal, while the down arrow is a SELL one. The indicator is simple to configure. Change the Strength parameter to configure the signals frequency. The product is based on standard indicators (MA, RSI, ATR, etc.). But it also features the custom algorithm allowing to combine them into a single tool and

The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. The version of the exact same indicator but only with sound alerts there - Time Levels with Alerts . Configurations ----Day------------------------------------------------- DayLevels - enable/

This indicator shows the current situation on the cryptocurrencies available for trading, depending on the signal strength specified in the settings. It can be used for determining the expected increase/decrease in the asset price, displayed by the corresponding color, and the signal strength, displayed by a vertical dash near a certain cryptocurrency pair. Indicator Parameters Panel color - color of the indicator panel Long color - cryptocurrency pair uptrend color Short color - cryptocurrency

TrendySignalMt4l is a trend-following indicator that quickly responds to a trend change. The indicator forms the line so that it is always located above or below the chart depending on a trend. This allows using the indicator both for a trend analysis and setting stop loss and take profit. The indicator should be attached in the usual way. It works on any timeframe from M1 to MN and with any trading symbols. The indicator has no configurable inputs. Recommendations on working with the indicator

This indicator calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 4):

This indicator displays the signals of the ADX indicator (Average Directional Movement Index) as points on the chart. This facilitates the visual identification of signals. The indicator also features alerts (pop-up message boxes) and sending signals to e-mail. Parameters Period - averaging period. Apply to - price used for calculations: Close, Open, High, Low, Median (high+low)/2, Typical (high+low+close)/3, Weighted Close (high+low+close+close)/4. Alert - enable/disable alerts. EMail - enable

Colored trend indicator advanced is a trend indicator that is based on Fast Moving Average and Slow Moving Average and also uses RSI and Momentum to give a trend strength in percent. It is aimed to find more healthy trends with this indicator. This indicator can be used alone as a trend indicator. Colors (Default) Green = Uptrend (Default) Red = Downtrend No color = No trend, no good trend Indicator Parameters WarnPosTrendchange: Warns you when the trend may change. FullColor: See screenshot.

Introducing Mr. Fibonacci , an amazing indicator designed to simplify the process of drawing and adjusting Fibonacci levels on your chart. This indicator offers exceptional customization options for professional traders, allowing them to draw any Fibonacci level with precision. Additionally, it provides mobile notifications, email alerts, and pop-up alerts when price enters Fibonacci levels, ensuring you never miss potential trading opportunities. Using this indicator, you no longer have to cons

STO Currency Strength Meter uses Stochastic Oscillator 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 currencies 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 EURUSD, USD

Features: Generates BUY / SELL Signals for easy to use: You do not need to read or understand market trend lines on indicators. Quantina Bitcoin Indicator shows a little Red Arrow for SELL and a little Green Arrow for the BUY entry points above- and under - the actual bars. (Green = Bullish Trend , Red = Bearish Trend). Measured Signal Strength also has written on the chart for advanced traders. Working on every known currency pairs: It's working on major-, minor-, and cross - pairs too. Also, Q

Quantina Multi Indicator Reader can analyse up to 12 most popular and commonly used together indicators in seconds on any timeframe, on any currency pair, stocks or indices. On the chart panel you can easily read each indicators default meanings and also there is an Indicators Summary on panel. Features 1 file only: Quantina Multi Indicator Reader is 1 file only. No need to install other indicators to work. It is using the built-in indicators from MetaTrader 4 terminal. Detailed Alert Message:

iSTOCH in iMA is an indicator which applies the stochastic changes to the iMA. Changes are reflected by altering the moving average colors. It is a useful tool to see easily the upsides or downsides of the stochastic. You can to get source code from here . Parameters MA_Periods - iMA period. MA_Method - iMA method. K_Period - K line period. D_Period - D line period. Slowind - slowing. STOCH_MA_METHOD - averaging method for MA. PriceField - price (Low/High or Close/Close). STOCH_LevelUp - uptre

Attention! Friends, since there have been many scammers on the Internet recently selling indicators called ForexGump, we decided to warn you that only on our page is the LICENSE AUTHOR'S VERSION of the INDICATOR sold! We do not sell this indicator on other sites at a price lower than this! All indicators are sold cheaper - fakes! And even more often sold demo versions that stop working in a week! Therefore, in order not to risk your money, buy this indicator only on this site! Forex Gump Pro is

The Three MA Alert indicator is an essential tool for traders who rely on the Moving Averages Crossover Strategy . It simplifies your trading life by sending notifications to your mobile device, email, and displaying pop-up alerts with sound whenever there is a crossover of three moving averages. By following this widely used technique, you can ensure that you are always on the right side of the trend and avoid trading against the prevailing market direction. With the Three MA Alert indicator, y

CCI Currency Strength Meter uses CCI (Commodity Channel 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. If you load this indicator on a chart, it will first display the strength-lines of the currencies (base and counter currency of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool," that already has the base and the profit (counter) curren

This indicator analyzes in parallel price charts for multiple currency pairs on all timeframes and notifies you as soon as a double tops or double bottoms pattern has been identified. Definition Double Top / Double Bottom pattern Double Top is a trend reversal pattern which are made up of two consecutive peaks that are more and less equal with a trough in-between. This pattern is a clear illustration of a battle between buyers and sellers. The buyers are attempting to push the security but are

ReviewCandleChart is a unique product that can verify past price fluctuations using candlestick charts. This indicator accurately reproduces market price fluctuations in the past and can make trading decisions (entries, profits, loss cut) many times so that you can learn the trading faster. ReviewCandleCahrt is the best indicator to improve trading skills. ReviewCandleCahrt caters to both beginners and advanced traders. Advantages of the indicator This Indicator for verifying price fluctuation

RCCMA is a general moving average indicator that works with ReviewCandleChart. Original is "Custom Moving Average" provided by MetaQuotes Software Corp. Based on that source code, I corresponded to ReviewCandleChart . Advantages When ReviewCandleChart is ON, no line will be displayed on the right side from the vertical reference line. When ReviewCandleChart is ON and you press a key such as "Z" or "X" Following that, the MA is drawn. When ReviewCandleChart is OFF, the same drawing as the origin

Bollinger Bands are volatility bands plotted two standard deviations away from a simple moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands expand when volatility increases and narrow when volatility capturing 85%-90% of price action between the upper and lower bands. How it Works Knowing that the majority of price action is contained within the two bands we wait for price to break out of either the upper or lower band an

If you want to add a pattern indicator to confirm the market movement you are in the right place, this indicator permit to detect some famous candle patterns Hammer, Inverted Hammer, Shooting Star, Hanging Man and Engulfing patter that can be highlighted on your chart once the patters occurs. Up, Down arrows are traced at the beginning of the new bar each time a pattern is detected. Parameters Body to Bar Fraction (%) : the body size / the candle size (20% by default) Max Little Tail Fraction (

This indicator can send alerts when a Heiken Ashi Smoothed color change occurs. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can send all types of alerts. Option to delay the alert one bar in order to confirm the color (trend) change. Input parameters Wait for candle close: 'true' or 'false'. Setting it to 'true' will delay the alert to the opening of the bar following the bar where the color change occurred.