New Technical Indicators for MetaTrader 4 - 152

ATR on Prices is simply an ATR indicator that plot a line for Resistance and Support using the Average True Range calculation. You can set the ATR daily periods, to be calculated. As well you can set the reference price to add and subtract the ATR measure to obtain the ATR Top and ATR Bottom lines, using the Open Price (that is fixed) or the Middle (HL/2) price (that will vary on the day) Or adding the ATR to the daily low and subtracting it from the daily high . You can use full ATR measure or

"Make it Horizontal" will convert any trendline to horizontal by just selecting it and then pressing the H key. This tool must be included in your charts as an indicator. It has no inputs, just drag it to your charts and that's it! I created this tool because the MT4 doesn't have any built-in feature like this. How many times have you drawn a line and you need to double click it in order to configure the start and end price level so you can make it horizontal? Well, that's not an issue anymore!

This indicator will be very useful for a research of a trading strategy system. The RSI-ControlPanel is based on the very popular Relative Strength Index indicator. You will be able to change the indicator parameters Period , Apply Price, HighLevel and LowLevel by clicking on the Up ( /\ ) and Down ( \/ ) buttons. Sometimes, when you will open a rarely used currency pair or timeframe the indicator will not show its value. In this case you should use button " 0 ".

The indicator alerts you when the market price crosses MA line. You can choose any MA line to use via the parameter input tab (see the screenshot below). Parameters (the same as the four parameters you have to choose when you add MA line on a chart): ma_period ma_shift  ma_method (0=Simple; 1=Exponential...) ma_apply (0=Close; 1=Open; 2=High; 3=Low...)  When the price crosses MA line, it will alert you with a message looking as follows: "Price crossing DOWN MA line, pair: EURUSD Period: 60" or "

The indicator help you to do alert when two MA lines cross action You can choose all parameters for two these MA lines to use via parameter input tab (see screenshot below). Parameters Same as 4 parameters you have to choose when you add MA line on chart. Fast MA:  ma1_period ma1_shift  ma1_method (0=Simple; 1=Exponential...) ma1_apply (0=Close; 1=Open; 2=High; 3=Low...)  Slow MA: ma2_period ma2_shift  ma2_method (0=Simple; 1=Exponential...) ma2_apply (0=Close; 1=Open; 2=High; 3=Low...)  When f

The indicator alerts you when 3 MA lines cross UP/DOWN (see the screenshot below). You can choose all parameters for these 3 MA lines to use via parameter input tab. Parameters Same as 4 parameters you have to choose when you add MA line on the chart. Fast MA:  ma1_period ma1_shift  ma1_method (0=Simple; 1=Exponential...) ma1_apply (0=Close; 1=Open; 2=High; 3=Low...)  Medium MA: ma2_period ma2_shift  ma2_method (0=Simple; 1=Exponential...) ma2_apply (0=Close; 1=Open; 2=High; 3=Low...)  Slow MA:

This panel will be very useful for a research of a trading strategy system. The MA-ControlPanel is based on the very popular Moving Averages indicator. You will be able to change the indicator parameters: Period , Shift , Method and Apply Price by clicking on the Up ( /\ ) and Down ( \/ ) buttons. You may choose your favorite colors using parameters BackGround, maColor1 and maColor2. Sometimes, when you will open a rarely used currency pair or timeframe the indicator will not show its value. In

This is a Control Panel for major indicators: ATR, CCI, RSI, RVI, Stochastic and MACD. You have the ability to change any input parameters for each indicator. For example: ATR atrPeriod = 13; atrColor = Yellow; CCI cciPeriod = 13; cciPrice = PRICE_CLOSE; cciColor = Aqua; This indicator will be helpful for those who like to use many indicators before any decision making.

This is a Control Panel for major chart indicators: Moving Averages, Bollinger Bands, Envelopes, PSAR and Fractals. You have the ability to change any input parameters for each indicator. For example: MA maPeriod = 13; ma_method = MODE_SMA; app_price = PRICE_CLOSE; maColor = Yellow; Bands bbPeriod = 20; bb_dev = 2; bb_Price = PRICE_CLOSE; bbColor = Aqua; This indicator will be helpful for those who like to use many indicators before any decision making.

Description Shows Heikin-Ashi candles (often misspelled Heiken-Ashi) on the chart and can alert when candles change color. The alert is useful for both entry and exit. The number of candles of the new color before an alert is raised can be set. The alert can be controlled interactively, directly from the chart. Also includes bonus indicators of current spread and ask/bid prices in large text, color coded as price changes. Usage Heikin-Ashi candles give a much better insight to the underlying tre

Pivots is an indicator to show pivots for relevant time frames. Besides the pivots the indicator can also show daly open line, the resistance and support levels, the ADR Fibonacci levels and the order of the pivots. Pivots includes an intelligent algorithm to eliminate Sunday candles, but only if your broker provides those. Pivots are significant price levels that may serve as support, resistance or breakout levels Settings textFont - font to use for the labels. textSize - font size. textColor -

Description The product draws lines on the chart to show daily support, resistance and pivot plus weekly and monthly pivot. An alert can be set when the price reaches one of the lines or the price closes above/below it. This can be useful for both entry and exit. The alerts can be controlled interactively directly from the chart. The product also includes bonus indicators of Average Daily Range (or Average True Range - configurable), current spread and ask/bid prices in large text, color coded a

Introduction The "Two Moving Average Crossover" indicator for MetaTrader 4 (MT4) is a technical analysis tool that displays two moving averages and notifies when the moving averages cross each other. The indicator calculates and plots two moving averages, one of which is faster and the other is slower. When the faster moving average crosses above the slower moving average, it is considered a bullish signal, indicating a potential trend reversal or the start of a new uptrend. Conversely, when th

Crossing of market price and moving average with all kinds of alerts and features to improve visualization on the chart. Features Crossing of market price and Moving Average (MA) at current bar or at closing of last bar; It can avoid same signals in a row, so it can allow only a buy signal followed by a sell signal and vice versa; MA can be set for any of the following averaging methods: Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA), Linear-weigh

The indicator shows you time remaining till completion of the current candlestick of any timeframe you chose, showing struct (see details). Minute: second. The indicator has 3 parameters: TF - this parameter will help you choose timeframe you want, for example, if you want to show remaining time for M30, set TF=30. If you want to show remaining time of the current period you are seeing on chart, set TF=0 (like in default). Local - this parameter will help you choose location on the chart where t

The indicator of a Professional Trader is an arrow indicator for predicting the direction of price movement. I have been working on this indicator since 2014. You can use this indicator as your main indicator, use its entry signals, and use it as your only indicator to find entry points. About the product: Recommended TF [H4-D1-W1]   . The indicator predicts the direction of the next candle. Fits a variety of tools; Flexibility in settings for different instruments and intervals through the MO

Zig Zag Swing Detector is a talking indicator tool, that let you track new highs and lows using Zig Zag patterns and allows you to react to new highs and lows. For example for uptrend each time there is higher hi spotted, the strength of the trend is increased. Trend is ended with lower low than the previous one. Be notified by Alerts, Speech and Notifications and be alerted about new highs/lows! You can also setup conditions to open trades automatically on new heights. Speech synthesis allows y

The indicator shows you buy/sell signals and does not repaint. It works well with almost all pairs, while the best ones are GBPUSD, XAUUSD and EURUSD. The product works better on H1 and H4. You can change the parameters in the inputs tab to get the best signals and the best trade results on each pair. You can enable/disable alerts when signal appears. The indicator is easy to use. Parameters barstrip & Sensitive: amount of bars to process the highest and lowest prices (relates to the internal l

This indicator is based on the classical indicator  Parabolic SAR  and will be helpful for those who love and know how to use not a visual, but digital representation of the indicator.  All TimeFrames PSAR MT5  indicator shows values from each timeframe (M1, M5, M15, M30, H1, H4, D1, W1 and MN1). You will be able to change the main input parameters for each Stochastic from every TF. Example for M1: sTF1 = M1 pStep1 = 0.02 pMax1 = 0.2

ForexTrendMT4 Indicator: A Reliable Tool for Market Tracking The ForexTrendMT4 indicator offers reliable market trend tracking, filtering out sudden fluctuations and market noise. This tool helps identify trends and signals favorable entry points into the market using arrows. It is suitable for both scalping on shorter timeframes and long-term trading strategies. Based on the principles of technical analysis, ForexTrendMT4 takes into account the cyclical nature of the market. Key Features and A

Lampropeltis is a trend indicator. The algorithm of calculation is based on data from the standard indicators included in the MT4 package and interpretation of patterns formed by these indicators. The settings include a minimum set of parameters: Slow MA - slow MA period; Slow MA method - slow MA smoothing method; Fast MA - fast MA period; Fast MA method - fast MA smoothing method. Change of the signal color to red indicates the possibility of opening a Sell order. Change of the signal color to

This indicator is based on the classical indicator CCI (Commodity Channel Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All TimeFrames CCI MT4 indicator shows values from each timeframe. You will be able to change the main input parameters for each CCI for every TF. Example for M1: sTF1_____ = "M1"; Period1 = 13; Price1 = PRICE_CLOSE.

This indicator is based on the classical indicator STOCHASTIC and will be helpful for those who love and know how to use not a visual, but digital representation of the indicator. All TimeFrames Stochastic MT4 indicator shows values from each timeframe (M1, M5, M15, M30, H1, H4, D1, W1 and MN1). You will be able to change the main input parameters for each Stochastic from every TF. Example for M1: sTF1_____ = "M1"; K_Period1 = 5; D_Period1 = 3; S_Period1 = 3; Method1 = MODE_EMA.

TMA Currency Meter is the ultimate currency meter. Based on the Triangular Moving Average of all available symbols, this indicator shows which currencies are strong, strengthening, weak or weakening. Experienced as well as novice traders will see the strong and weak currencies in the blink of an eye, and know which trade possibilities to explore further. TMA Currency Meter is a true Multi Timeframe indicator. It is easy to show the currency strengths for a higher timeframe than the chart timefra

Overview This is a very simple indicator that displays the relative strength values of the currencies on te current chart and timeframe. The strength is only calculated for the currencies: AUD - Australian Dollar CAD - Canadian Dollar CHF - Swiss Franc EUR - European Union Euro GBP - Great Britain Pound JPY - Japanese Yen NZD - New Zealand Dollar USD - United States Dollar These are considered the major currencies in the world. There are 28  distinct combinations of major currency pairs. Other c

Many indicators are based on the classical indicator Moving Average . The indicator All_TF_MA shows crossing of 2 MA from each TimeFrames . You will be able to change main input parameters for each MA for every TF. Example for M1 TF: Period1_Fast = 5 Method1_Fast = MODE_EMA Price1_Fast = PRICE_CLOSE Period1_Slow = 21 Method1_Slow = MODE_SMA Price1_Slow = PRICE_TYPICAL

This multi-timeframe indicator is based on the idea of classical indicator CCI (Commodity Channel Index). As you know, CCI was developed to determine overbought and oversold levels. The CCI does this by measuring the relation between price and a moving average (MA), or, more specifically, normal deviations from that average. This particular indicator shows the modified CCI data from higher timeframe ordered by an input parameter "TF". Green rhombus on the chart represent an UP trend and Red rhom

The MACD offers the best of both worlds: trend following and momentum. Traders can look for signal line crossovers, center-line crossovers and divergences to generate signals. Because the MACD is unbounded, it is not particularly useful for identifying overbought and oversold levels. It is not easy to use any indicator on smaller timeframes because traders cannot not look away from the screen. This classical indicator includes "Alert" function (see screenshots). Keep in mind that this indicator

High, Low, Open, Close — isn't this too much? Sometimes you need a unique history of prices. But if choose one thing, you lose the rest. Smoothing also leads to data loss. Often you lose one of the most important market details: information about extremes. It is due to the preservation of information about the highs and lows, the correct "smoothing" for the history of price is a zigzag. But zigzags also have drawbacks — they do not provide intermediate values. The Price Line indicator solves thi

NoFear indicator is based on Advanced Moving Average. It is used in technical chart analysis providing signals whenever a rate change appears that exceeds the upper or lower border. The indicator works very well on trend market. It is easy to find good entry points by blue/violet arrows. The upper and lower bands should be used like support/resistance levels and stop/exit points. All signals do not repaint, and can be used immediately when they are coming. This means we do not need to wait for a

The Zig-Zag indicator is extremely useful for determining price trends, support and resistance areas, and classic chart patterns like head and shoulders, double bottoms and double tops. This indicator is a Multi Time Frame indicator. The indicator is automatically calculate the 3 next available TF and sows ZigZag from those TimeFrames. You cannot use this indicator for the TF greater than D1 (daily).

As we know, МТ4 and МТ5 do not store tick history, which may be necessary to develop trading strategies and market analysis. I have developed a method allowing you to receive tick history very easily. The indicator gathers tick history in real time and writes it to XXXXXX2.hst file, where XXXXXX is a symbol name. This file can be used to create an offline chart or something else. If you use a trading robot, then launch the indicator and control your broker by examining the spread and quotes. All

Riskscope shows all relevant information about your trades on screen. Information on Stop Loss and Take Profit can be shown as price, pips or exposure. Besides, Riskscope can display a high- and low-watermark of the total of your basket of trades. Settings Riskscope's default settings are good enough most of the time. Nearly all of them are fairly standard. Here are the ones that need some explanation. Monospaced font - set this to the (name of) the font you want to use. A monospaced font looks

Simply drop the indicator to the chart and Fibonacci levels will be shown automatically! The indicator is developed for automatic drawing of Fibonacci levels on the chart. It provides the abilities to: Select the standard Fibo levels to be shown Add custom levels Draw the indicator on the timeframes other than the current one. For example, the indicator is calculated on the weekly period (W1) and is displayed on the monthly period (MN1) Select the timeframes the indicator will be available on Ca

This indicator is based on classical indicators:  Commodity Channel Index, Relative Strength Index and Moving Average. I am using this indicator to open a Long position when Red histogram changed to Green histogram beneath zero line and to open the Short position when Green histogram changed to the Red histogram over the zero line . A great advantage of this system lies in the fact that the indicator has no input parameters and adapted to all currency pairs and TimeFrames.

This indicator has only one input parameter - Alerts. If Alerts is true , then Alert message will appear when Long or Short trend starts. Each message contains: time, name of the currency pair and the current timeframe. Green arrow indicates UP trend. Red arrow indicates DOWN trend. This indicator will be helpful when someone is deciding to make Buy or Sell position.

This indicator is designed for M1 time-frame and shows: Sum of ticks when the price goes up (color Green -The major component of a candlestick = the body). Sum of points when the price goes up (color Green -The extension lines at the top of the candle). Sum of points when the price goes down (color Red -The major component of a candlestick = the body). Sum of points when the price goes down (color Red -The extension lines at the lower end of the candle). Plus classical indicator Commodity Channe

EwoMov indicator is useful for determining a trend with higher period of price Moving Averages (it should be higher than 200). I am using this indicator for swing trade on M5-M30 charts. This indicator uses several bars for calculation. They are all saved in external parameters. The proper values are 5 - 13 - 34, but you can change them. It is ready for all timeframes, but does its best for M5-H1. It is designed to be optimized for other timeframes. You can find some explanations on screenshots.

This Indicator will simplify your trading life. The Indicator has no input parameters. Red arrows indicate the beginning of the Down trend and it will be a good time to open a Short position. Green arrows indicate the beginning of the Up trend and it will be a good time to open a Long position.

This indicator calculates the next possible bar for each currency pair and timeframe. If the next possible Close will be greater than Open, the next possible bar will be in Aqua color. If the next possible Close will be less than Open, the next possible bar will be in Orange color. Of course, the next possible bar will not show the big price movement. This indicator is most useful in the quiet time.

This indicator is designed for M1 timeframe and shows: sum of ticks when the price goes up divided by sum of ticks when the price goes down (red color); sum of points when the price goes up divided by sum of points when the price goes down (green color). The correlation between the number of ticks and the number of points for each and every minute will give enough data for scalping.

iCC in iMA is indicator to change color in iMA if iCCI crosses level up (up trend) or crosses level down (down trend). It is a useful tool to track when the upside and the downside iCCI on iMA. You can to get source code from here . Parameters MA_Periods —Period for iMA. MA_Method — Method for iMA. CCI_Periods —Period for iCCI. CCI_ApliedPrice — Price used for iCCI. CCI_LevelsUp — Level iCCI for up trend. CCI_LevelsDN — Level iCCI for down trend. BarsCount — How many bars will show the line. R

This indicator uses Moving Average to detect markets trend. It's a very useful tool for manual trading. If line is Midnight Blue, indicator detect up trend. If line is Dark Violet, indicator detect down trend. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can use this indicator with FollowLine to have more accurate signals. You can to get source code from here . Parameters BarsCount —How many bars used to show the line. MAperiods —Period of Movin

iRSI in iMA is indicator to change color in iMA if iRSI crosses level up (up trend) or crosses level down (down trend). It is a useful tool to track when the upside and the downside iRSI on iMA. You can to get source code from  here. Parameters MA_Periods — Period for iMA. MA_Method — Method for iMA. RSI_Periods — Period for iRSI. RSI_ApliedPrice — Price used for iRSI. RSI_LevelsUp — Level iRSI for up trend. RSI_LevelsDN — Level iRSI for down trend. BarsCount — How many bars will show the line

This indicator was inspired by М & W Wave Patterns by A. Merrill. 5 extremums or 4 edges of ZigZag are enough to build M or W pattern at arbitrary offset in the history. The classical approach includes a table of predefined figures of ZigZag waves, which can transform into each other under special rules—so that next edge can be forecasted based on these rules. Unlike to this approach, the indicator analyses available history and builds statistics for all M and W patterns, which differ in their c

This indicator uses Bollinger Bands lines to detect markets trend. It's a very useful tool for manual trading. Furthermore it is possible to use the indicator with ATR as a filter , as well as the option to pop up an alert when a reverse trend occurs. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can to get source code from here . Parameters BarsCount - How many bars used to show the line. BBperiod - Period of Bollinger Bands. BBdeviations - Devi

VR ATR Pro is a powerful professional tool for determination of target levels on a financial instrument. The indicator's effectiveness has been proved by thousands tests on real and demo accounts. VR ATR Pro is the indicator that works on real data using live true statistics. Statistics is stubborn, the usage of real statistical data in mathematical calculations allows you to calculate the exact target levels for a financial instrument. For a set of files, instructions, a nice bonus write to me

SMARTMASS INDICATOR This indicator is different from all known volume indicators. It has a significant distinction; it is an algorithm that relates price movement to volume, attempting to find proportionality and efficient movement while filtering out noise and other movements that are more random and do not follow a trend or reversal. Ultimately, it reveals the true strength of the movement, indicating whether it has genuine support from bulls or bears or if it's merely a high-volume movement

Broken Trends is an indicator for scalpers and intraday traders. The indicator selects and displays trend levels on the chart in the real time mode. The indicator reacts to price momentum: it starts searching for the trends as soon as the momentum amplitude exceeds the threshold set in a special parameter. The indicator can also play a sound when the price crosses the current trend line. In normal mode, the indicator shows only one (last found) upward and one downward trend, but there is an adva

Introduction to Harmonic Pattern Scenario Planner The present state of Forex market can go through many different possible price paths to reach its future destination. Future is dynamic. Therefore, planning your trade with possible future scenario is an important step for your success. To meet such a powerful concept, we introduce the Harmonic Pattern Scenario Planner, the first predictive Harmonic Pattern Tool in the world among its kind. Main Features Predicting future patterns for scenario

This is a multi-timeframe (MTF) indicator displaying support and resistance lines. Support and Resistance lines are calculating automatically from three higher timeframes (TF). Traders may use Support and Resistance to enter positions and update a Stop Loss value. Input Parameters bPeriod - use this parameter to optimize indicators for each timeframe; VisibleBars - for how many Bars (from the current one) the indicator's lines will be visible. Any changes are possible.

The main purpose of this indicator is to show 2 lines of possible Trailing Stop Loss values: Yellow/Aqua line for Trailing Stop Loss  closer to the current price  Orange/Blue line for more risky (but more profitable) Trailing Stop Loss. If the line (looks like a staircase) changed the colors from Yellow to Aqua (line #1) and/or from Orange to Blue (line #2) accordingly this mean that we have a situation when a trend changed its course to the opposite. So, this Indicator can be useful to open pos

This Indicator is based on the classical indicator ‎"Relative Strength Index". IT draws 2 lines:  Main blue line with input parameter RSIPeriod . Signal red line. Buy when the main line (Blue) falls below a specific level = 30 and then rises above that level and main line rises above the signal line (Red). Sell when the main line (Blue) rises above a specific level = 70 and then falls below that level and main line falls below the signal line (Red).

Do you use dynamic ranges (like Bollinger Bands or Envelopes) in your trading? A fixed period is usually used for such calculations. But is such approach relevant to the very nature of the market? In fact, the price chart consists of a series of successive processes - trends and flats. In this case, we can talk about the internal development logic inside a single process only. Therefore, the nature of the market is better described by dynamic ranges designed for the processes occurring "here and

The market price is moved by the market makers with large amounts of equity. The only way to understand intentions of big players is to track their activity by concentration of volumes on one level or another. Volume Ticks ResSup draws a level with the maximum concentration of a tick volume since the beginning of a day. In most cases, such level is an actual support or resistance level. Parameters ColorLevelSupport - support line color; ColorLevelResistance - resistance line color; BarsDayCount

The indicator is designed for easy construction of synthetic charts based on data of various financial instruments. It will be useful both arbitrage and pair trading, as well as for analysis purposes. Its main advantage is simplicity and clarity. Each chart is given as a common mathematical formula. For example, if you want to plot the spread (difference) between EURUSD and GBPUSD with coefficients 4 and 3, then set the following formula: EURUSD * 4 - GBPUSD * 3 The resulting chart is shown in t

MACD Converter is an analogue of the MACD Message with more advanced functionality: It has two signal lines: Signal Line 1 and Line 2, bar outlines are colored according to Line 1, it also triggers the trend notifications. MACD Converter converts the parameters of Fast MA, Slow MA and Signal Line 1 and Line 2 lines from the interval specified in the settings (Convert Time Frame) to smaller timeframes. This allows receiving a signal for making a decision within the specified (Convert Time Frame)

Summary This indicator is based on RSI and Momentum indicators. It also considers moving averages of these two indicators. The three indicators have adjustable settings. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications. The arrows can be used in the EA and the inputs can also be optimiz

Do you use dynamic ranges (like Bollinger Bands or Envelopes) in your trading? Usually such calculations use a fixed period, but does it reflect the nature of the market? In fact, the price chart consists of a series of successive processes - trends and flats. In this case, we can talk about the internal development logic inside a single process only. Accordingly, the dynamic ranges built for the process occurring "here and now" suit the nature of the market better. The Growing Bands indicator u

The indicator that displays current time at the main markets of the world. It also displays the current session. Very easy to use. It doesn't occupy much space on a chart. It can be used together with Expert Advisors and other panels, such as VirtualTradePad . The version with analog clock displaying on the chart. Dear friends and users of our EAs, please add your ratings in the  Reviews  section. All updates to our forex software are  free ! This is a free trading utility! Other Features: Ther

Summary This indicator is based on the MA applied to the Momentum indicator. It draws arrows at the confirmed crosses of the MA over the Momentum line. When the MA crosses upwards, then a buy arrow is displayed and vice versa. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications. Inputs Al

Summary This indicator is based on the MA applied to the RSI indicator. It draws arrows at the confirmed crosses of the MA over the RSI line. When the MA crosses upwards, then a buy arrow is displayed and vice versa. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications. Inputs All inputs a

NewsMomentum is an indicator that monitors the market between the specified hours and sends an alert to potentially buy or sell when the momentum of the market increases such that there may be a reaction to the news for the observed currency pair. As always, it is best to confirm these movements with other factors such as support and resistance breaks. This indicator works on any timeframe but it is recommended to be used on a smaller timeframe, such as M5, due to the speed at which the news inf

The Heatmap indicator This Heatmap indicator allows you to display a "heatmap" of all symbols selected in the Market Watch. In this version it shows the percent price change in relation to the last daily close , what can give a quick overview of the market. This is a tool to help traders identify how strong is a currency in relation to all other pairs. This is a visual tool, and cannot be used inside Expert Advisors. In this sense, it's more a tool for discretionary traders, instead of automated

The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers. What the indicator shows : a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using

This indicator monitors the vital constants of your trading account to keep it healthy and away from excessive risks. It monitors all trades, absolute exposure, account floating point and leverage currently in use, using different color codes for your interpretation.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to understand The indicator is clean and simple It calculates exposure by pairs and currencies Keep your used leverage controlled at all ti

Indicator finds most prominent extremums (highs and lows) in history and displays their price levels for currently visible range of prices. 8 levels are shown at most. This is a tool for those who used to lookup the history for important levels formed by reversal points outliers. If price scale is changed manually or adjusted automatically for changes in time scale, indicator visualize all found levels (if any) inside visible area. The width (importance) of a level depends from a number of times

IceFX Heatmap is a special indicator that shows the places where the price has been staying and ranging over the past few days. These sites will be displayed in a "Heatmap style", with which you can clearly see the main formed bands. The main rates (where the price has "lingered/stayed" much) are indicated in bright colors (in case of black-and-white view) or red color (in case of color view). Settings Days - the number of days the heat(map) is calculated for. Resolution - resolution rate. 10 =

Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and several other patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced

The difference between the arithmetic and geometric means at the specified range. Since the greater is the difference between the values, the greater the resulting figure is, actually the indicator shows volatility fluctuations. The arithmetic mean of a certain number of values ​​is the sum of the values ​​divided by their number. The geometric mean is the root of the power of the number of values ​​extracted from the product of these values. If all values ​​are equal, the arithmetic mean and th