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Technical Indicators for MetaTrader 4 - 41
Tester Periods is the useful indicator for visual strategy tester which extend chart periods. Its designed for the trading utility Trade Shell (included Trade Shell SMC ).
Run the Trade Shell on the visual tester. Then put the Tester Periods indicator on the chart. If you wanna see timeframes M1, M5, M10, M15 , for example, then you have to run visual tester on M1 and to define multipliers like that: TimeFrame_Periods_Multiplier = 1,5,10,15 If you wanna see timeframes M5, M20, M30, H1, for
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Candleline: candleline indicator. According to the specified period, draw the candle line of the specified period on the current chart. In addition, the new candlelight line is superimposed with the candlelight line of the current chart.
Note: the period of the current chart must be less than the period of the candle line to be drawn.
For the specific effect of self drawing candle line, please see the attached picture below. Parameter: 1.TimeFrame; 2. NumberOfBar; 3.Up candle li
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The block of bars is collected under condition of convergence . If the convergence conditions are not met, the block is deleted. More precisely, the condition is the transition of the block of bars from the state of convergence to the state of divergence . Blocks are formed selectively with gaps. Gaps are characterized by the state of divergence of bars. Before removing the block, we find the extreme bars inside the block (min, max). The line connects the extreme bars. The line is drawn onl
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This indicator shows in a subwindow the trend in M1, M5, H1, D1 timeframes based on MA, MACD, Stochastic This way you could see in once in different timeframes what happening. This is my first free indicator. Please follow I will put here some more. Thank you for you attention. . . . . .
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This is a regression tree indicator for MT4/MT5.
This indicator classificate nodes on the time period so that the deviation becomes smaller,
and displays regression line and channel for each node.
It's free!
Attached CartDemo.ex4 and CartDemo.ex5 is a Demo version and has the following limitations:
Can't use HighSpeed method (default method is RandomForest)
Maximum number of bars is 260 (increase from 200)
There is no expiration date and can be started many times, but it stops after an hour.
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Questo indicatore per MT4 traccia automaticamente i punti di pivot giornalieri sul grafico, fornendo livelli chiave di supporto e resistenza basati sui prezzi di apertura, chiusura, massimo e minimo del giorno precedente. I punti pivot aiutano i trader a identificare potenziali aree di inversione e zone di prezzo critiche, migliorando la precisione nelle decisioni operative quotidiane."
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STRUCTURAL TREND LINES - MT4 Indicator
Simple indicator that automatically draws trend lines based on market structure.
Features:
- 3 degrees of structure detection (short, medium, long term)
- Configurable swing strength for each degree
- Single color per degree for clean visualization
- Adjustable number of lines per degree
- Customizable colors and line widths
How it works:
The indicator identifies swing highs and lows based on the strength parameter,
then connects these points to create t
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Индикатор Trender определяет смену тренда. Для того чтобы её не пропустить, настройте его на отправку уведомлений в ваш мобильный терминал (Push), или в виде алерта ( Alert ), или по Email. Также индикатор предоставляет потенциальные точки входа и расчитывает и отображает уровни стоплосс и тейкпрофит.
Преимущества: - Не перерисовывается - Может помочь в фильтрации сигналов в вашей стратегии - Работает на всех парах и таймфреймах - Прост в настройке - Даёт уже готовые сигналы для открытия пози
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The oscillator indicator " AngDistPer " is one of a series of three calculators of the angular deviation of the price chart of a trading instrument.
INPUT PARAMETER: DRAWs =128 - Number of bars to display the indicator in the chart history; DistPER =14 - calculation period of the indicator in the number of bars.
The values of the indicator indicators are degrees . The presence of a Strong price Movement begins with a value of +-45 degrees, and can not exceed +-90 degrees.
A Good Trading Rese
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The Ergodic is an oscillator based on William Blau's True Strength Index, which is based on Momentum to which double smoothing has been applied. 100* EMA(EMA(Momentum) / EMA(EMA( |Momentum|)) The Ergodic adds a moving average to the TSI which will act as a Signal Line. This oscillator can be used to identify trend reversal zones, or trend continuation phases.
VERY USEFUL WHEN USED IN CONJUNCTION WITH THE CURRENCY INDEX.
L' Ergodic è un oscillatore basato sul True Strenght Index di William Bla
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Simplest indicator for bar shadows. Very useful for Kangaroo Tail strategy.
"Shadows" - this is the distance from high and close of the bull bar and low and close of the bear bar. The purpose of the shadow is to show you if the bar is strong or not. Whether it is internal to the trend or is external. It even helps determine if a trend is starting. Input arguments: How many prevoius bars to calculate Value that should be passed to trigger the alarm How many times to repeat the alarm (Put 0 if yo
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Oscillators and Volatility: Oscillators like RSI and Stochastic are particularly useful in assessing the market sentiment and potential turning points in volatility. However, it's essential to use them in conjunction with other indicators and analyses for a comprehensive view. Divergences between price movements and oscillator readings can be powerful signals. For example, if a volatility index is making new highs, but the oscillator fails to confirm these highs, it may indicate weakening momen
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Use my recommended broker: https://icmarkets.com/?camp=61478 You have most likely heard about the term "Less is more". I can tell you one thing that's also the case with the Monkey CCI on Bollinger indicator! One indicator will give you the best of both worlds, easy to determine trend, the strength of the trend and overbought and oversold levels. This indicator is very simple to follow: Green line uptrend Red line downtrend Above band overbought Below band oversold With this indicator you cou
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The indicator is designed to determine the pivot level for a group of candlesticks and the trend direction. no repainting calculation is done on an active candle if candlesticks are above the main line, the trend is upward if candlesticks are below the main line, the trend is downward breakdown of the main line signals a trend change or a price rebound two display modes, normal and with acceleration (ModeLite) an auxiliary line displays the resistance line
Configurations BarsHistory - how many
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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 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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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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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 indicator "Elvis A" is designed for a very strict determination of the reversal. With the author's settings, it is installed on the D1 chart. It will skip many signals and choose only the most reliable ones. Therefore, it is better to set it on several currency pairs.
The screenshot shows an example of this indicator in the form of an expert Advisor on a currency pair with a very large spread.
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This is a Bot which send notifications every hour at your MT4 platform. The notification consists of four part. <<Clock>> + Your Message + Symbols + profit + Total # of Orders + Total profit Here is an example : 21:00 Hodor: #US30 $+40.31 GOLD $-5.31 Total 5 Orders $+35.00 If there is no order : 21:00 Hodor: HODOR signals: https://www.mql5.com/en/signals/977796
There is a private message parameter where you can enter your own message also. Hodor_Comment_OnOff_Flag removes the "Hodor i
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Display any moving average in its original timeframe, regardless of the chart’s timeframe.
What does it do?
This indicator allows you to view a moving average from any timeframe (M5, H1, H4, D1, etc.) directly on your current chart, preserving its original values from the timeframe you selected.
Practical example:
You are trading on the M5 timeframe.
You activate the H1 MA with this indicator.
You see exactly the same line you would see if you switched to H1.
Without changing the timeframe
Chara
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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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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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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 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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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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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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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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Rectangle Control простой индикатор который отображает на графике панель для рисования прямоугольников с различными настройками, будет удобен тем кто рисует на графике зоны поддержки, сопротивления. Прямоугольник можно нарисовать с заливкой или без, различной толщины и цвета. А также выбрать таймфрейм на котором нарисованный прямоугольник будет отображаться. При нажатой кнопке алерт будет срабатывать оповещение (если прямоугольник находиться ниже цены на верхнем его краю, если прямоугольник нах
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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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This indicator simplifies the process of creating chart templates by allowing you to save your current chart settings to a template with just one click of a button. The indicator adds a button directly to the chart that automatically saves the template with a given name and prefix, making it easy to organize and use templates.
The main functions of the indicator are:
Creating a template of the current chart with a single click on the button. Possibility to specify a prefix for the template na
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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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This indicator shows ratios between extremes on the chart. You can specify your own ratios (e.g. Fibonacci).
Parameters Most important Density - how much in details to search ratios in extremes. Bigger number means less details, smaller number means more details. Base unit is 1 bar on the chart. History - how far to go in history while searching. When you set -1, the indicator processes all bars from history. Base unit is 1 bar on the chart. Range - how far search ratios from given extreme. Bas
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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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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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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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YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>> GO HERE TO DOWNLOAD
Momentum channel is a simple momentum based system yet with a great degree of accuracy in detecting turning points. The market momentum are defined by Average True Range Channels . When price breaks these channels most times , it is an indication of a shift in market momentum and thus a possible new trend formation. The system can be traded on any time frame and
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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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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 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 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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The indicator is a 15-minute signal indicator for all types of traders. Meaning, you could make lots of profits trading two different signals in one indicator.
NOTE: Both indicators are channels for achieving the same result. RED ARROW -- Sell Signal BLUE ARROW -- Buy Signal
Purchase now to be part of our community. We offer standard chart setups for both novice and intermediate traders. Trade with ease!
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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
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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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In addition to the MA of the set period, the MAs of the two higher timeframes with the same period are displayed on the chart simultaneously (though in a simulated way). No matter which timeframe you switch to, it will display the MA for that timeframe as well as the MAs for the two higher timeframes. Additionally, it will show the 200 MA as well!
To display the MA for the higher timeframes on the current chart, you need to set the MA calculated using the Moving Average indicator. If you try to
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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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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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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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Aroon and Moving Average A combination of Supertrend and Moving Average to create a converging trade setup Input parameters: signal mode: set it to true if you want to plug it into STAT (Signal Tester and Trader) arrow shift: distance between fast EMA line to arrow on chart turn on price line filter turn on moving average signal for converging setup aroon period MA period MA averaging method MA pricing method upper level limit (Aroon) lower level limit (A roon ) You can find the best setting
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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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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 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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The indicator calculates a combination of two moving averages and displays their trend in derivative units. Unlike traditional oscillators, the maximum and minimum values in this indicator always correspond to the number of bars you want to track. This allows you to use custom levels regardless of volatility and other factors. The maximum and minimum values are always static and depend only on the initial Bar review settings.
The indicator can be used as an independent trading systemtrading
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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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This indicator draws the RED - GREEN and GREEN - RED candlestick pattern, the green candles that close above their previous red candle, and the red candles closing below your previous green candle. https://www.youtube.com/shorts/MdJvatl_mng Input Parameters 1. RED - GREEN: Draw the green candles that close above their previous red candle. 2. GREEN - RED: Draw the red candles that close below their previous green candle. 3. PREV CANDLE: Draw previous
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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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AIS MT4 INDICATOR 5 ALL INCLLUSIVE SET
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GUIDE
CHAPTER 1 IMPORTANT INFORMATION <1> THIS INDICATOR IS ONE OF THE SERIES OF NEW AIS INDICATORS AIS MT4 INDICATOR 1 =ADVANCED CLASSIC= AIS MT4 INDICATOR 2 =MULTIFRAMES= AIS MT4 INDICATOR 3 =LINES= AIS M
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