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Technical Indicators for MetaTrader 4 - 41
Индикатор отображает размер бара и его направление. ---------------------------------------- Цвета гистограммы: * Красный - Медвежий бар.
* Зелёный - Бычий бар.
* Серый - Цена открытия и цена закрытия равны. * Синяя линия - скользящая средняя.
---------------------------------------- Параметры: - Type of Calculation - Тип расчёта ( Low to High, Open to Close ) - Moving Avarage - Период скользящей средней
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This indicator helps you to find overbought and oversold prices based on William %R. Input Description: Wperiod: Period for %R indicator. OverBoughtLevel: Define the overbought level for %R. Must in between 0 and -50. OverSoldLevel: Define the oversold level for %R. Must in between -50 and -100. middle_value: When true, indicator also draw the middle points between upper and lower line. shift: Set an additional offset to the indicator.
Several Notes: Set 0 and -100 as Overbought and Oversold lev
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This indicator draws lines based on the standard Fractals indicator. Once a fractal is broken up or down, the indicator generates an alert, sends an email notification and a push message to your mobile phone.
User Inputs History - the number of bars in history for calculation. Color Up Fractal - the color of the upper fractal line. Color Down Fractal - the color of the lower fractal line. Width - the line width. Alerts - alert. EmailAlerts - email notification. NotificationAlert - push notifica
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Symbol Cycler is a lightweight on-chart utility that lets you quickly switch between symbols in your Market Watch list using two simple arrow buttons (). With a single click, you can scroll forward or backward through your predefined symbols without leaving the chart. Key Features: One-click symbol switching from the chart Works with your Market Watch list order Buttons can be placed in any chart corner or even the center Timeframe remains locked while switching symbols Clean, responsive UI
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The Keltner Channel indicator represents a channel along the moving average , with the width defined by calculating the average true range on the period of the moving average. This indicator can be applied for receiving signals, as well as a substitute for the Moving Average Envelopes indicator. Its advantage is the increased quality of channel width auto selection, which can be adjusted using the Size of channel in percent parameter.
Indicator Parameters Period of indicator - calculation perio
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3 strategies with RSI! Alerts! Signal freshness check! The indicator is based on the classic RSI. I recommend watching my advisor - Night Zen EA It includes 3 strategies: Entry of the RSI indicator into the overbought zone (for buy trades) / oversold (for sell trades) Exit of the RSI indicator from the overbought zone (for sell trades) / oversold (for buy trades) Touching the overbought limit (for sell trades) / oversold (for buy trades) The indicator provides alerts. To enable them in the s
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With the MACD Multi Time Frame indicator, you can spot divergences of higher timeframes while you are searching for pinpointed entries on lower timeframes. This FREE version of the indicator works only on EURUSD and GBPUSD. The full version of the indicator can be found here: MACD Multi Time Frame This blog post gives you REAL-TIME MACD Divergence Analysis for FREE and tips how to trade the divergences: REAL-TIME MACD Divergence Analysis The MACD Multi Time Frame gives you a very good overview o
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The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema
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WaSpread MT4 Indicator shows the current spread in pips with color.
* Set the Spread Threshold and the color to identify when the current spread is below or above the Spread Threshold.
* Set X axis and Y axis and chose the Corner and the Anchor to position the Spread Label on the chart.
* Write the font and the font size for more confort.
* Activate alert if the current spread is above the spread threshold.
* For more precision, the user can choose to show the decimal numbers.
* The user
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Indicator overview Trend indicator usage Moving averages. Highest quality alerts that need no introduction. It is completely loyal to the original algorithm and uses other useful features.
Easy to trade Carry out all kinds of notifications It's not a new paint and it's not a back paint. Setting Indicator SSMA50 in Time frame H1 for any pair currency and Gold Spot. EMA200 in Time frame H1 for any pair currency and more than EMA250 for Gold spot. Using it for maximum benefit Set up notificatio
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This is Fibo Expansion. You can use it, as profit target at any level... It use price Highs and Lows and price between... It is simple and easy to use... No Input menu, just drag it on your chart and it ready to use... The blue and red dot color indicate it direction... It also use as the same as fractal high and low price as the points to construct the levels... No more analysis to choose the points..
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This creative simple indicator will provide a precise framework for market sentiment within technical analysis of different timeframes. For instance, for traders like me that uses "Mark Fisher" strategy regularly, this is a perfect indicator for having an insight to markets from short term to long term point of view, using Break points of candles' lows and highs and perfect to combine with "Price Action" . For more options and modifications you can also edit the low timeframe candles withi
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The " Comfort Zone Signal " indicator identifies a daily zone that, when broken, has a high probability of the market continuing the established trend .
Upon signal, the indicator calculates stop loss and take profit, which can be set by you.
You can also set the trend. If the price is above the MA, it looks only for long positions, if below, it looks only for short positions.
You can choose to ignore the moving average and display all signals.
Additionally, you have the risk percentage displ
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The indicator displays on the chart a map, on which markers show the current trading session, as well as shows a text. The indicator provides two types of background display: white and black. The indicator is displayed as the background and does not hinder tracking the current market situation.
Parameters: GMT - the time difference of the terminal and GMT. Background - selection of background - black or white.
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The Point-Percent Price Channel (PPPC or PP Price Channel) indicator is designed to display on the chart a channel whose width is specified both as a percentage of the current price and in points. Its appearance is presented on slide 1. When the market moves up, the upper border of the channel is built at the price of High candles. In this case, the lower boundary follows the upper one at a strictly specified distance. When the price touches the lower border of the channe
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The indicator calculates the average price velocity over the specified time period. It is known that the trading time flows unevenly, in bursts. It either goes faster, or slows down. This indicator will tell if the trading time has accelerated and it is necessary to go to the smaller timeframes to search for trade signals.
Usage Alert is generated when the price velocity exceeds the specified threshold. The threshold value can be modified using the buttons on the information panel. A .wav file
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Session Average Date Range: Analyze and average the low - high of specific trading sessions within custom date ranges, offering insights into price movements and market behavior over selected periods. The "Session Average Date Range" tool is an advanced analytical utility designed to empower traders and analysts by allowing them to dissect and evaluate the high and low range of specific trading sessions within a user-defined date range. This tool provides a flexible and precise approach to analy
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This indicator continuously, smoothly changes the color of candlestick edges and bodies, as well as the color of volumes in real time like a lamp. The indicator is easy to use. The palette of colors is diverse. This product is a graphical solution, so it is difficult to describe what it does by text, it is easier to see by downloading it, besides the product is free. The indicator is suitable for bloggers who want to create a beautiful picture of a chart for video editing or traders who want to
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"Giant" is a flexible system in relation to trading strategies. It consists of two high-quality indicators that are installed on five different timeframes of the same currency pair (see screenshot). It monitors the trend and gives signals to open. The system passed a large number of checks and showed high accuracy. Indicators are sold separately. The second word in the main name is the indicator itself. This issue sells the indicator "Attention" .
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The indicator displays a grid in the form of a "honeycomb" or regular hexagon. An alternative to the standard grid of the terminal. Description of the indicator settings: color_comb - grid color width - width, for example: 22 for a screen resolution of 1920*1080, 15 for a screen resolution of 1366*768, etc. height - height, for example: 6 for a screen resolution of 1920*1080, 4 for a screen resolution of 1366*768, etc.
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Trendfinder SMA With Zone and Alert are Colored candlesticks showing the trend based on two SMA as Signal and two SMA as a Buy and Sell Zone and the slope of the slow moving average. This indicator will give you the color change on the next bar on the confirmation candle and will provide alert on Buy and sell signal, when it enters the buy and sell zone and when the market test the buy or sell zones as support or resistance and will never repaint . This indicator has the following: 2 SMA for th
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The Oscillators histogram indicator is designed to show the histogram of some oscillator indicators. These oscillators are RSI, Momentum, ATR and CCI indications. Our Popular Products Super Oscillator HC Cross Signal Super Cross Trend Strong Trend Super Signal Parameters Oscillators - indicator name. Period - indicator period. Level indicator - indicator level. MAPrice - applied price for Momentum, CCI or RSI. Alerts - enable/disable alerts. Email Notification - enable/disable Email notifica
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Using multiple timeframes for analysis with Multi Timeframe Average True Range can provide several significant benefits for traders: Comprehensive Market View: By applying Mtf ATR Standard across different timeframes, traders gain a broader perspective on market dynamics. This allows them to identify trends, patterns, and potential reversal points that might be more apparent or consistent across various scales. Enhanced Pattern Recognition: Multiple timeframes help in identifying repeating patt
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Cross MA Optimiser – Fine-Tune Your Moving Average Strategies in MT4! In the fast-moving world of trading, moving average crossovers are a proven method for identifying trends and trade entry points. However, using the wrong settings can lead to missed opportunities and inefficient strategies. Cross MA Optimiser takes the guesswork out of moving average optimization by automating and fine-tuning your crossover parameters for maximum trading accuracy. Whether you trade with Simple Moving Avera
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SmartChanelFree is a universal indicator for all types of markets. This indicator should have in its arsenal every trader, since it represents a classic approach to analyzing the price of a trading instrument and is a ready-made trading strategy. The indicator forms the upper, average price movement limit. Attention !!! This version of the indicator is trial and works only on the chart with the period M1. The full version of the indicator can be found at: https://www.mql5.com/en/market/product/
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What is a tool ? This indicator use for comparison of 8 major currency from 28 pairs and multiple timeframes and calculates a score of strength from 0-100. How to use Place the indicator on any pair any timeframe, And entering only the value of X Y position to be displayed in the graph. Pair : Any Timeframe : Any Input Parameter Start X Position : Value of X on chart Start Y Position : Value of Y on chart Visit my products Target Profit Magic Target Profit All The Profit Tracker Currency
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FusionAlert StochRSI Master is an indicator available for MT4/MT5 platforms, it is a combination of RSI & Stochastic indicator which provide "alerts" when the market is inside "overbought and oversold" regions combined for both indicators, results in more precise and accurate signals to be used as a wonderful tool, in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Jo
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Moving indicator. It is written so that it doesn't signal when two moving averages cross. Easy to operate. It performed well on European and Asian currencies. Designed for long-term and medium-term types of trading. Индикатор мувингов. Написан так что даёт сигнал при пересечении двух скользящих. Прост в управлении. Хорошо себя показал на европейских и азиатских валютах. Рассчитан на долгосрочный тип торговли.
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Use Stochastic Oscillator (STO) Oversold and MACD < 0 show buy signal Use Stochastic Oscillator (STO) Overbought. and MACD > 0 show sell signal
Please check support resistance before opening an order. This indicator is only a helper. Can't tell you 100% right.
"Selling pigs" is a trivial matter. "Sticking on a mountain" is a challenge. Thanks you. welcome.
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This tool helps you to control the situation at other times and include them in your trades when analyzing the market This tool scans the market and reports the movement of the market at different times With the help of this tool, you can prevent many wrong analyzes With the help of this tool, you can have an overview of the market in the shortest time and save your time
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This tool helps you to analyze the market more easily without spending much time and with the help of this tool, by collecting the best technical analysis indicators and simple design and signal extraction tools from the available indicators. Necessary indicators are added to the tool and at the appropriate time, it issues a buy and sell signal to the trader.
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Moving Average is one of the indicators that is widely used in technical analysis which can help to smooth price movements by eliminating some price fluctuations that are less relevant based on past price calculations, so that an average line of price movements is formed within a certain time period. Simple Moving Average Over Flow is an indicator writen by MQL$ language that is given a special additional moving average line based on certain calculations so as to make this moving average better
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This is a tool to measure the velocity of the price. It's completely free, you can download and use. "Way: distance of price after one tick." "Speed: price velocity after one tick." p/s: The time for the price to jump 1 tick will not be fixed, you should know this. If Way > 0, the indicator will change color to Green If Way < 0, the indicator will change color to Red || I am a 3D artist and I love math and programming! ||
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Running multiple EA's on your account and confused by who's winning and who's loosing? Try this indicator that report's in real time on the Magic Numbers in your account by reading the History_trades along with the Open_trades. Note: Manual trades are grouped under Magic Number "0". For a better visual report, run it on a symbol that you don't execute trades on, switch the history bars to "Line Charts" and set it's color to Black.
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The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema
FREE
The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema
FREE
The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema
FREE
Simple indicator that shows your history in pips and profit. You can use it to follow your progress on the positions. It shows you the trade progress only for the symbol that the indicator is on and only for your trade history. Label text is updated when order is closed. The text can be displayed on each corner, it is in the parameters.
Basic input parameters: Label color Font size Conrner position Anchor position Note: corner and anchor have to be the same position.
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Tool converted from tradingview. A simple indicator that plots difference between 2 moving averages and depicts convergance/divergance in color coded format.
Anything <= 0 is red and shows a bearish trend whereas > 0 is green and shows bullish trend.
Adjust the input parameters as following for your preferred time frame :
4-Hr: Exponential, 15, 30
Daily: Exponential, 10, 20
Weekly: Exponential, 5, 10
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This indicator allows to hide ZigZag indicator (on all MT4 timeframes) from a date define by the user with the panel ("Hidden Candles"). This indicator can be use with other "Hidden Indicators". Indicator Inputs: Depth Deviation Backstep Information on "ZigZag" indicator is available here: https://www.mql5.com/en/articles/1537 ************************************************************* Hey traders!! Give me your feeds! We are a community here and we have the same objective.... make some mo
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ON Trade Pivots is A technical indicator that Draws all Pivot levels depending on time frame that defined in settings.
Notes It will be good tool for all traders who use pivot levels in their trades. Let me inform you that this indicator draw this level as buffers not as objects then you can connect it easily to EA. This indicator allow you to find pivots levels for any time frame not only daily you are free to choose time frame from settings.
Parameters Use_System_Visuals - Enable /Disable Sy
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Please remember to leave a review for improvements thank you Overview of Key Functionalities: Buy Signal Conditions : The Stochastic Oscillator's main line crosses above the signal line. The closing price of the current candle is higher than the previous candle's close. The current closing price is above the EMA (Exponential Moving Average). The Stochastic value is below 50. When these conditions are met, a buy arrow is plotted, and alerts (audible or push notifications) are triggered. Sell Sign
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This indicator maps price crossover with Simple Moving Average (SMA) for each candle. Works like a SMA but has non-repaint characteristic. How to Use: As stated before, this indicator works like a SMA. Use this to determine trend. When price is above this line then the uptrend is expected (downtrend if price below the line). 2 of these indicator (with different periods) can also generate buy/sell signal like 2 SMAs. When the lower period SMA crosses higher period SMA from below, then buy signal
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The “ Ticks Overcome Signal ” indicator, as outlined in your provided code, is a custom tool designed for use with MetaTrader 4 (MT4), a popular platform for Forex trading. This indicator seems to focus on tracking the momentum and direction of price movements by counting consecutive up and down ticks. Here’s an overview of the psychological aspects, logic benefits, and usage instructions for this indicator on MT4: Decision Support : Traders often face psychological challenges in decision-making
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Trend directional oscillator with additional flat filtering It helps to quickly navigate when changing the direction of price movement and is painted in the appropriate color You can conduct trend and counter trend trade It works on all timeframes, on any currency pairs, metals and cryptocurrency Can be used when working with binary options Distinctive features Not redrawn; Flat filtering - when the histogram is in the yellow zone; Simple and clear settings; It works on all timeframes and on all
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The indicator displays information about:
the name of the currency pair and timeframe. current price bid. time before the close of the candle. the current difference between the ask and bid (spread). Trading volume stats can also be displayed.
Displayed data
Name, account number, and account currency. A deposit in the account currency. Balance at the current time and a percentage of the balance. Current profit and its percentage. Current transaction and the percentage of the total deposit. Pr
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How To Trade
Execute your trades in 3 Easy Steps!
Step 1: Trade Setup Entry Buy = If daily open market Above Line PIVOT or can Price has touched and closed the candle above Resistance1. Entry Sell = If daily open market Under Line PIVOT or can Price has touched and closed the candle above Support1. Step 2: Set Stop Loss Stop loss BUY ----> You can set stop loss on Line Pivot or Support1. Stop loss SELL ----> You can set stop loss on Line Pivot or Resistance1. Step 3: Set Take Profit Take profi
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Ultimate pattern builder indicator
Allows you to build any pattern with up to 3 candlesticks (+ special fourth). This indicator is special because you can create any pattern you want, by modifying body and both wicks separately to your needs. If you ever wanted to create your own patterns , or just adjust any known popular pattern, then this is perfect for you. With this indicator you can learn how to build candles, testing it in strategy tester and get marked new candles on realtime charts, ho
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UniversalFiboChannel is a universal indicator, it builds a trading channel according to Fibonacci levels. This indicator is a full-fledged channel trading strategy. The indicator is installed in the usual way and works with any trading tool. Options HelpBasisTF = "M: 43200; W: 10080; D1: 1440; H4: 240; H1: 60" is a hint for the BasisTF parameter
BasisTF = 1440 - base period for calculating Fibonacci levels DisplayDecimals = 5 - the number of decimal places of the price of the trading instrumen
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Using multiple timeframes for analysis with Mtf MACD Standard can provide several significant benefits for traders: Comprehensive Market View: By applying Mtf MACD Standard across different timeframes, traders gain a broader perspective on market dynamics. This allows them to identify trends, patterns, and potential reversal points that might be more apparent or consistent across various scales. Enhanced Pattern Recognition: Multiple timeframes help in identifying repeating patterns or structure
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Key Features: Type of Indicator: Line Break Chart Indicator Usage: Identifying trend reversals and potential market turning points. Input Parameters: The primary input parameter is 'Lines_Break,' which represents the number of lines the price needs to move to create a new line in the opposite direction. How it works: The indicator draws green and red histogram bars to represent the line break chart. Green bars indicate an upward trend, and red bars indicate a downward trend. The indicator calcul
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The UzFx-Local Currency Converter-MT4 is a powerful and easy-to-use indicator designed for traders who want to track their floating and daily profit & loss (P&L) in both USD and their local currency. This tool provides real-time conversion using a user-defined exchange rate, helping traders visualize their trading performance more effectively.
Key Features
Displays running profit and loss in USD and your local currency.
Daily Profit & Loss Calculation – Tracks closed trades' P&L for the cu
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Th3Eng signals wave is a very good indicator to read the trend. But you need to filter the main trend direction with your own strategy. Because this indicator signals are repainted. So for example: Use Moving average 21 to find the trend and if the price is above the moving on higher TF or the current >> open only buy signals from the indicator. Also you can use it on option trading, Not only on forex.
Works with all time-frames. works with all pairs, CFD and cryptocurrency. Sending all alertin
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This indicator alerts you when indicator-created lines are "touched" by price, You can change the interval between alerts. You can change colors and styles of lines as you want. However, lines must be named "Upper" and "Lower.
There is a more powerful PRO version .
Input Parameters WaitTime: Interval between alarm.
How To Use Place lines wherever you want to add alarms.
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MACD Dashboard Panel This indicator helps you to scan symbols which are in the Market Watch window and filter out a trend according to MACD.
Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA.
The result of that calculation is the MACD line. A nine-day EMA of the MACD called
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This is the Indicator is free to use and based on my "TheTurtleTrader" EA. Introducing the Turtle Traders Donchian Channel Indicator – inspired by an advanced trading system by the legendary Turtle Traders of the early 1980s, designed to bring authentic and diverse strategies to your trading portfolio.
Core Strategy:
This Indicator leverages a proven breakout strategy by displaying the highest high or lowest low over a defined period. Whether you prefer quick scalping trades or long holdin
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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.
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The panel shows 6 indicators and their signals for all timeframes. You can enable or disable various signals, entire timeframes, and individual indicators. if the alert button is pressed and all signals match, the indicator sends a message to the alert window. You can disable and enable both individual signals and the entire indicator for all timeframes, or disable individual timeframes for all indicators
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The indicator works as an extension that recolors the candles and the background in the terminal at the click of a button (Night Theme / Day Theme). The user can also set the display of the watermark of the symbol, and specify its size. The interactive menu allows you to toggle the display of the Ask value. And switch chart scaling from adaptive to fixed with one click.
You can add your favorite color to the settings for switching.
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The MACD (Moving Average Convergence Divergence) indicator is one of the most widely used technical analysis tools by traders worldwide. Created by Gerald Appel in the 1970s, the MACD is an indicator that helps investors identify the trend direction, trend strength, and possible trend reversal points. The MACD indicator is composed of a histogram that shows the difference between the 12-period exponential moving average and the 26-period exponential moving average. The top part of the histogram
FREE
free only until the end of the week
The following indicator must be used and contextualized according to your trading methodologies. It provides excellent trading insights and identifies rejection zones on the drawn lines. Several parameters can be customized. The indicator will plot three levels above and below the opening price on D1, W1, and MN1. It will provide the daily ADR and display two additional daily sessions (EUROPE session and USA session). The colors of the various lines can be cu
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This indicator sets stop, start and target 1, 2 and 3 levels based on detected market swings on multiple timeframes. It was originally written by Mishanya and has been updated by Ramoletane to move with the price and automatically update the levels. A trade can be placed when price has crossed the white start line and stop loss placed on the red stop line. The lot size can be reduced at the green target 1 level, the yellow target 2 level and the position finally closed at target 3. Most of the t
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The London Stock Exchange Session's Hours
This indicator facilitates observing the currency pair's quotations during subsequent parts of the stock exchange session live. Before the session starts, a rectangle is drawn on the chart but not filled in with color. It means the extent of the session duration. Before the first bar enters the rectangle of the session, a sound signal or pop-up window will notify us that the session will just start. When the price graph crosses the edge of the session
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Todays High and Low
This indicator draws lines at the highest price of the day and at the lowest price of the day. Both lines are ended with labels with the maximum and minimum prices written. Lines and labels are moved according to the chart progress in real time. The indicator works on all chart time intervals. You can change and set colors and shift the chart. The indicator allows you to observe the price movement on the chart and not lose sight of the price maxima and minima achieved.
FREE
1、能显示货币之间的强弱 0是最弱 7是最强 2、能显示28个货币以及黄金 原油的 涨跌幅度 3、能切换货币对 4、能显示持仓订单的货币对 1、能显示货币之间的强弱 0是最弱 7是最强 2、能显示28个货币以及黄金 原油的 涨跌幅度 3、能切换货币对 4、能显示持仓订单的货币对 5、能利用键盘的的上下键切换货币对,左右键切换周期 1、能显示货币之间的强弱 0是最弱 7是最强 2、能显示28个货币以及黄金 原油的 涨跌幅度 3、能切换货币对 4、能显示持仓订单的货币对 5、能利用键盘的的上下键切换货币对,左右键切换周期 5、能利用键盘的的上下键切换货币对,左右键切换周期 1、能显示货币之间的强弱 0是最弱 7是最强 2、能显示28个货币以及黄金 原油的 涨跌幅度 3、能切换货币对 4、能显示持仓订单的货币对 5、能利用键盘的的上下键切换货币对,左右键切换周期
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This pointer is supplied of a double smoothing in such way to succeed to be more reactive of a blunt Moving Average but without tracing the noises of bottom of the market. Its use will have to be exclusively turned to the search and to the identification of the trend in action (even if graphically it could seem an indicator that indicates an inversion of the prices) because the first useful signal is had to the opening of the successive bar to that one that has made to invert the sense of the
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This indicator does not process the price chart data and does not provide trading signals. Instead, it is an application to compute and display the frequency response of many conventional indicators. Moving averages like the SMA, LWMA and EMA, and oscillators like the MACD, CCI, Awsome Osc, all have the form of digital filters. Electronic engineers use a special method to characterise the performance of these filters by studying their frequency response. Two important quantities of the freque
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This indicator idea comes from Tushar Chande called Qstick.
Technical indicators quantify trend direction and strength in different ways.
One way is to use the difference between close and open for each bar and to sum it up over a period of time.
The formual is:
Qstick (period ) = Average ((close-open ), period )
In this indicator, we can choose how to calculate body by two famous chart types. The first and default indicator settings are based on Heiken Ashi chart, and the second is based
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Introducing Austin Bands—an innovative indicator designed to enhance your forex trading strategy by applying moving averages to the MetaTrader 4 indicator, Bollinger Bands.
Bollinger Bands are a popular technical analysis tool that consists of a middle band (usually a simple moving average), an upper band (calculated by adding a specified number of standard deviations to the middle band), and a lower band (calculated by subtracting a specified number of standard deviations from the middle band
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Introducing Demarker Jurik—an innovative indicator poised to revolutionize your forex trading strategy. This indicator combines the precision of custom moving averages based on the Demarker indicator with the MetaTrader 4 indicator, Demarker.
Jurik moving averages are renowned for their accuracy and reliability in analyzing price movements in the forex market. They offer traders smoother representations of price action, filtering out noise and providing clearer signals for identifying trends a
FREE
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