Technical Indicators for MetaTrader 4 - 41

Highly configurable Momentum indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: Momentum Timeframe:  You can set the lower/higher timeframes for Momentum. Momentum     Bar Shift:

This indicator compares the price changes during the specified period for the current symbol and other reference symbol. It allows to analyze the similar movements of highly correlated symbols, such as XAUUSD and XAGUSD, and find their occasional convergences and divergences for trading opportunities. The indicator displays the following buffers: light-green thick line - price changes of the current symbol for TimeGap bars; light-blue thin line - price changes of the reference symbol ( LeadSymbo

This indicator allows to hide Parabolic SAR (on all MT4 timeframes) from a date define by the user, with a vertical line (Alone) or a panel (with "Hidden Candles"). Indicator Inputs: Step Maximum  Color Width Information on "Parabolic SAR" indicator is available here:   https://www.metatrader4.com/en/trading-platform/help/analytics/tech_indicators/parabolic ************************************************************* Hey traders!!  Give me your feeds!  We are a community here and we have the sa

Similar to logic used in: Golden MA MTF TT   Overview "Golden MA" indicator for OB/OS levels. It's based on High/Lows of higher timeframe (HTF) previous bar. Only useful in swing trading or scalping. Best for at least M15+. For lower timeframes you'll need to change StartPips to lower value to get consistent lines. Because lower timeframes will have smaller pip distances.   Features - Define Higher Timeframes for Current Timeframe: Use a comma-separated list to define the higher timeframe for th

AUD INDEX The Currency Index Project is ONE part of a thorough Forex study. Many people do not know the theoretical basis that drives currency exchange rates to move on the market. With this set of tools you will be able to have a more complete view of the entire market by analyzing not only the single currency of an exchange, but all the exchange rates that make up that currency by looking at a single window! The indicator faithfully represents the real index of a single currency present in a

This indicator allows you to manipulate the visibility of the chart in real time. The right side is hidden from the user. The virtual timeline can be moved to any place on the chart. Also, the indicator works on a closed market. If you are using visual analysis for trading, then this indicator is a great tool to test your strategy. It will allow you not to peep into history and be honest with yourself in analysis. Good luck!

Currency Explorer is the absolute tool for traders that want to know with quantified certainty the currency strength & weakness of each currency and to trade these by using applicable strategies. Our machine learning models run and provide the strength/weakness of each currency based on multiple factors besides price action. It provides the trader with a QUANTIFIED result for the strength of the 8 most popular and major currencies (EUR, USD, JPY, GBP, AUD, NZD, CAD and CHF) with a scale from 0-1

The technical indicator, in real time, searches for candlesticks that exceed the size set in the settings and gives signals about them. As a rule, such abnormally large candles appear either at the beginning of strong impulses or at the end of a directional price movement. At the beginning of the pulse, the signal can serve as a basis for searching for an entry point, at the end of the movement, it is a sign of a climax and may indicate the near end of the trend. The reference size for filtering

Version History : Date Version Changes 6/20/2022 1.00 Initial release 6/21/2022  1.10 Add global variables for Minimum (SYMBOL_volume_min) and Maximum (SYMBOL_volume_max) History Volumes  Description : RedeeCash Volumes Indicator is the Volumes indicator that you have come to trust for market entry and exit with the added benefit of exposing key metrics as global variables. Including global variables in an indicator permits easier interaction with expert advisors (EA) and scripts. When attaching

Investment Castle Volatility Index has the following features: 1. This indicator shows the volumes of the current symbol and the market volatility. 2. This indicator is built-in in the Investment Castle EA which works as volatility index for the EA dynamic distance and opposite start. 3. Parameters available for optimization for each pairs. 4. Works with any chart.

The indicator detects price channels, reversal points and trend direction. All timeframes. No repainting. Channel borders are formed by support/resistance levels. Calculation is done on an active candle. If the red line is above the green one, a trend is bullish. If the red line is below the green one, a trend is bearish. After the price breaks through the green line, the indicator starts building a new channel. The indicator works well with the Forex_Fraus_M15.tpl template https://www.mql5.com/

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

!!! In [CodeBase] I published Mql4 indicator code. Download the code for free!!! (You have to adapt the code when you update the terminal). This indicator is a trader's tool. It shows the movement of stochastics on all periods and symbols: М1, М5, М15, М30, Н1, Н4 every minute (the time scale from the current to -240 minutes, i.e. tha last 4 hours). Step_Stoch overcomes the disadvantage of stochastic indicators - lagging. For example, a rise after a fall on H1 (or M30) after can be seen on a usu

APriceChannel is a modification of the standard Price_Channel indicator. The EA draws 2 levels - the upper level shows the price High for the specified period of time, the lower level shows the price Low for the same period. In addition to the period, you can set vertical offset in points to widen the channel up and down. This prevents false breakouts of current support/resistance levels. Inputs Period - time period in bars - the number of bars to calculate the price High/Low. Offset up and dow

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

The indicator detects the direction of the trend and colours the candles on the chart accordingly. Allows you to enter the trade at the beginning of the movement The easiest way to set up the indicator Can be used on any currency pairs, metals and cryptocurrencies, as well as when working with binary options Distinctive features Shows the trend direction Does not re-draw Easy and accurate adjustment; Works on all timeframes and all symbols; Suitable for trading currencies, metals, options a

TIRED OF HAVING TO CALCULATE THE LOTSIZE EVERY TIME? This indicator will do it for you, WHATEVER ASSET YOU CHOOSE in  10 seconds !!! INSTRUCTIONS The things to do in order to activate this indicator will take around 10 seconds once you understand how to use this indicator properly. Here are the steps to follow: Place the indicator on the chart of the asset you want to trade on. Go to " Inputs ". Enter where you want to set the stop loss .  Choose risk in $ . You can also choose whethe

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

This indicator helps you to Scan symbols which are in the Market Watch Window (in demo Max 15 Symbol) and filter out trends with alerts. It works based on the most popular indicator "Bollinger Bands" which is used by many traders for trading: When box color changes to " Green " or " Red " color, it indicates you for trend change for long and short entry. And also you will get alerted on screen. When it changes to " Green ", it indicates you that trend is going upwards, and you can take the long

This indicator calculates directly the value of the dollar index by using the ICE formula to plot the chart, this can help you as reference. You do not need your broker to provide the ICE DX to use this indicator, is a way to have it calculated. Little discrepancies could be found in the exact value of the candles or time due closing time of the trading floor and the use of decimals, but generally will give you good reference.  You need your broker offers the feed for the following pairs in orde

Follow the trail of the comet to know the development of the trend. This indicator helps you to determine the evolution of the price depending on how these astronomical objects are shown in the chart. When the comet seems to stop, it opens its tails considerably and warns us of a possible change in trend. On the contrary, when it seems to get speed (looks thin because lines of tail are grouped) demonstrates safety and continuity in trend. The head or comet nucleus will show red or green accordin

The   Trend Finding Channels   indicator was developed to help you determine the trend direction by drawing channels on the graphical screen. It draws all channels that can be trending autonomously. It helps you determine the direction of your trend. This indicator makes it easy for you to implement your strategies. The indicator has Down trend lines and Up trend lines. You can determine the price direction according to the multiplicity of the trend lines. For example , if the Down trend lines s

Индикатор сглаженного Stochastic Oscillator (xStoh) Входные параметры: xK Period - K период xD Period - D период xSlowing - замедление xMethod - метод усреднения (0-SMA | 1-EMA | 2-SMMA | 3 - LWMA) xPrice field - тип цены (0 - Low/High | 1 - Close/Close) Принцип работы Индикатор перерассчитывает стандартный технический индикатор Stochastic Oscillator (дважды усредняет получаемые значения iStochastic).

Introduction and Description Colored candlesticks showing the trend based on two moving averages and the slope of the slow moving average. A trend is the overall direction of a market or an asset's price. In technical analysis, trends are identified by trendlines or price action that highlight when the price is making higher swing highs and higher swing lows for an uptrend, or lower swing lows and lower swing highs for a downtrend. Many traders opt to trade in the same direction as a trend, whil

This indicator allows you to find out how much the price can pass on the current bar. It looks for the average ATR value for the previous 5 bars and draws 2 price boundaries. You can use it on any timeframe of any instrument.  Based on this indicator, you can set stop loss and profit levels, as well as use it in other good strategies. Do not forget to use risk management while trading!

The ZoomChart indicator works with two charts - the current chart on which it is launched and the next one. The indicator translates the second chart to the time where the first one is now. Thus, the second chart depicts the same situation on the first chart (where the indicator is launched), but on a different time-frame. In other words, this indicator serves as a magnifying glass or, on the contrary, reduces the chart to display the situation on a larger time-frame. The ZoomChar indicator au

The R Stoploss Signals indicator is based on a trend following exponential moving average. This forex indicator generates buy and sell trading signals in the form of blue and red lines drawn on the activity chart. Blue colored lines indicate the trend is upwards and this is a signal to buy the currency pair. Red colored lines indicate the trend is downwards and this is a signal to sell the currency pair. A suggested stop-loss line is also included with this forex indicator. For buy signals, put

The presented indicator draws a trend line and points of change in its direction on the price chart based on the TTF (Trend Trigger Factors) and ATR indicators. The indicator advantageously combines ease of use, speed of reaction to a change in trend direction and reliability of signals. The indicator is intuitive to use: Change in line direction - change in trend direction; Change in line color warns of an imminent change in direction. The indicator does not repaint and allows you to send notif

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

This indicator is the translated version of Anıl ÖZEKŞİ's MOST Indicator, developed on the Matriks Data Terminal, into the MQL4 language. It is a trend-following indicator and quite successful. Its usage will be free and unlimited for a lifetime. You can click on my profile to access the MQL5 version of this indicator. You can also get your programming requests for MQL4 and MQL5 languages done at İpek Bilgisayar with an invoiced service. You can reach İpek Bilgisayar at www.ipekbilgisayar.org .

Hello all. This indicator helps you  to open a trade, when break out occurred, also you can add to your position and ride it if trend continued. I use it on 1-5 min chart, as you can use short stop loss. Also profit target should be small as well. It is better to enter few small position, so you can book some profit early and ride the rest for bigger gains. Look at the past to have a plan. Enjoy. 

For traders, monitoring price movements is a constant activity, because each price movement determines the action that must be taken next. This simple indicator will helps traders to display prices more clearly in a larger size. Users can set the font size and choose the color that will be displayed on the chart. There are three color options that can be selected to be displayed on the chart.

Non-proprietary study of Joe Dinapoli used for trend analysis. The indicator gives trend signals when the fast line penetrates the slow line. These signals remain intact until another penetration occurs. The signal is confirmed at the close of the period. It is applicable for all timeframes.   Parameters Fast EMA: period of the fast moving average. Slow EMA: period of the slow moving average. Signal EMA: period of the signal line.                              ************************************

Currency Strength Matrix (CSM) is an indicator that will show you the current strength of the major currencies in several timeframes allowing you to sort the currencies for strength and spot possible trading setups. This indicator is ideal for scalping and in all those events of sudden big moves. This DEMO only shows 4 currencies and 4 timeframes, for the full version please check https://www.mql5.com/en/market/product/24252 How does it work? The CSM compares the value of the current moving ave

CCI Trend Finder indicator with different colors at levels 0, 100 and -100. The cross is a signal for "123 Exit" as presented by MPlay and used in Woodies CCI system. This exit signal is effective especially in short-term breakout trades, because it prevents early exiting at small corrections.  This indicator is great for having it as an extra tool for your analysis.

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Sends price alerts conveniently to your Android/IOS device. Make sure push notifications are enabled in Metatrader settings and the PC/VPS is online 24/7. Price levels are updated automatically, but you can modify them in global variables, if needed. Suitable for any market instrument, but if notifications are too frequent, increase point value of the indicator parameter.

This is  a basic indicator which is very useful for professional traders. The idea is to track every X pip movement in any symbol. It is a multicurrency indicator. So it will track the pip movements in all specified symbols. When there is absolute pip value price will appear (e.g 1.178500, 1.178600, 1.178700 ) it will signal the user in alert, mobile app and notification This pip step is configurable. This will help identify sudden movement in market as there will be lots of signals at that time

The indicator is based on the concept of price channels, which are formed by plotting the highest high and lowest low prices over a specified period of time. The Donchian Channel Indicator consists of three lines: an upper channel line, a lower channel line, and a middle channel line. The upper channel line represents the highest high over a specified period, while the lower channel line represents the lowest low. The middle channel line is the average of the two and can be used as a reference f

This is a general purpose indicator that displays colored lines at fixed and customizable price intervals, entered as parameters. It offers universal, constant, and familiar price ranges that allow quick and precise price analysis of a currency pair. With default parameters, this indicator implements The Quarters Theory , as described originally by Ilian Yotov . [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use No optimization needed Customizable price inte

The indicator measures volumes on different charts and instruments. Its main advantage is the ability to compare separate brokers. The less Middle Volume and Tick / Second , the more reliable is the broker. There is a comment in the upper left corner Comment data: Tick/Second — number of ticks per second for a selected instrument Middle Volume — average volumes in the penultimate bar This indicator allows tracking a relative market activity for different timeframes. If the volumes are lower than

This indicator is designed to detect the best of all candlestick reversal patterns: Three Line Strike . According to the bestselling author and candlestick guru Thomas Bullkowski, this pattern has a winning percentage between 65% and 84% . This FREE Version of the Scanner scans only EURUSD and GBPUSD. The full version of the scanner can be found here: Three Line Strike Scanner 30 Instruments This indicator scans for you up to 30 instruments (forex, indices or commodities) on up to 8 timeframes.

This scanner shows the trend values based on crossovers of two moving averages for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. This is the FREE version of the indicator: https://www.mql5.com/en/market/product/29159 Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are tw

Binary Options Assistant (BOA) COLD Signals Indicator provides signals based on Amalia Trader Binary Options Strategy. Indicators: Keltner & Stochastic Stop missing trades, stop jumping from chart to chart looking for trade set-ups and get all the signals on 1 chart! U se any of the BOA Signals Indicator with the  Binary Options Assistant (BOA) Multi Currency Dashboard .   All BOA Signal Indicator settings are adjustable to give you more strategy combinations. The signals can be seen visuall

This indicator show the collision points of moving averages in a separate window. so we will have a solitude chart. "Contact support for assistance and Download ALL PRODUCTS FREE TRAIL VERSION" Features indicator: Show alert in Meta Trade Send notification to mobile Adjustable 3 MA (Fast-Middle-Slow) Can be used on all symbols Can be used in all time frames Attention, the application does not work in the strategy tester You can download the Demo version on the comments page  :  https://www.mql

Highly configurable Osma indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: Osma Timeframe:  You can set the lower/higher timeframes for Osma. Osma     Bar Shift:  Y ou can set th

The intention of the dashboard is to provide a quick overview of the daily, weekly and monthly range of configured assets. In "single asset mode" the dashboard shows you possible reversal points directly in the chart, thus making statistics directly tradable. If a configured threshold is exceeded, the dashboard can send a screen alert, a notification (to the mobile MT4) or an email.  There are various ways of using this information. One approach is that an asset that has completed nearly 100% o

Nombre del Indicador: Two Lines Color 1 Telegran:13 Crow Trading Club Descripción: Este indicador personalizado para MetaTrader 4, "Two Lines Color 1", es una herramienta de análisis técnico diseñada para ayudarte a identificar oportunidades de trading en los mercados financieros. Este indicador utiliza dos Medias Móviles Simples (SMA) de diferentes períodos y las representa en el gráfico con dos líneas de colores distintos. Las características clave de este indicador son las siguientes: Rá

Индикатор сглаженных Bollinger Bands (xBB) Входные параметры: xBB Period - период усреднения xBB Price - используемая цена ( 0 - CLOSE | 1 - OPEN | 2 - HIGH | 3 - LOW | 4 - MEDIAN | 5 - TYPICAL | 6 - WEIGHTED) xBB Deviation - отклонение xBBColor - цвет индикаторных линий xBB Width - толщина индикаторных линиц Принцип работы Индикатор перерассчитывает стандартный технический индикатор Bollinger Bands (дважды усредняет получаемые значения iBands). Период усреднения индикатора соответствует двой

Introduction and Description The indicator displays an arrow whenever a " Bearish Engulfing " is detected. The latter usually indicates the beginning of a downward trend. A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up candlestick followed by a large down candlestick that eclipses or "engulfs" the smaller up candle. The pattern can be important because it shows sellers have overtaken the buyers and are pushing the price mo

After 7 years I decided to release some of my own indicators and EAs for free. If you find them useful please  Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well here _________________________________ Intraday Intensity Index (III) for Precision Forex Trading The Intraday Intensity Index, meticulously developed in MQL4, is a cutting-edge tool designed for enhancing forex trading analysis. This indicator offers a deep di

Highly configurable Relative Vigor Index (RVI) indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: RVI Timeframe: You can set the lower/higher timeframes for RVI. RVI Bar Shift: yo

Higher Timeframe Chart Overlay will display higher timeframe candles, including the number of candles high/low you specify. You no longer need to switch timeframes to check the candles. Everything can be shown in one chart. Get Full Version -  https://www.mql5.com/en/market/product/115680 Please feel free Contact me if you have any questions regarding    this tool. 

Highly configurable MFI indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: MFI Timeframe:  You can set the current or a higher timeframes for MFI. MFI Bar Shift:   you can set the

A multi-currency, Multi-time frame indicator that allows you to see the trend based on the intersection of 2 EMA without additional clicks, it searches for the last intersection on all timeframes at once and writes in the upper left corner in which direction the trend of the open currency pair is directed, as well as how long ago the last intersection was. Based on this indicator, you can open orders if most of the trends are directed in the 1 direction and exit trades when the situation chang

Rate of Change Base on the formula, ROC = (Close[n] - Close[n-lookback]) / Close[n-lookback] * 100 to plot the rate of change of a currency pair price action over a lookback period, and provides two global variables, SYMBOL_ROC and SYMBOL_ROC_LOOKBACK, which represent the latest Rate of Change value and the Rate of Change at the previous lookback period. Invoking the indicator using the iCustom function, iCustom ( "Market/RedeeCash_Rate_of_Change.ex4" , Symbol (),5 , 0 ,0); and then retrieving t

Because style matters I know how annoying it is to click properties every time to change the candle’s color, the background to light or dark, and put or remove the grid. Here is the solution with one click: Three customizable buttons to choose the candle style that traders want. One button to switch between Day and Night mode. One button to show or hide the Grid on the charts.  *****On the settings, you can choose where the buttons should be displayed on the screen***** Please consider checking

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

如果产品有任何问题或者您需要在此产品上添加功能，请联系我 Contact/message me if you encounter any issue using the product or need extra feature to add on the base version. PA Touching Alert is a tool to free you from watching price to touch certain critical price level all day alone. With this tool, you can set two price levels: upper price and lower price, which should be greater than/ less than the current price respectively. Then once price touches the upper price or lower price, alert and/or notification would be sent

The "Ceiling MT4" indicator has been designed to determine the exit point from the market and it is based on a moving average set in parameters and shows 3 lines. 1. Ceiling lines, that is the highest / lowest value currently achieved on the chart in the horizon set in the "Plafon Horyzon" parameter. 2. The "Signal" line that shows the line shifted to the part specified in the "Signal_Part" parameter is set by default to 2, which means that it is halfway between the moving average and the plafon

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

The indicator is based on two Moving Averages. Its only difference from traditional indicators is that it is presented as a histogram. The histogram has four colors; each color represents a MA with its own period. In case of a descending trend, if a price is lower than a moving average, the indicator displays a value lower than the red zero level. In case of ascending trend, the indicator value is higher than the green zero level. Parameters: Period MA 1 - Period of the first moving average. MA

Track your overall trades! Monitor New Fox is an excellent indicator, which displays your current profits, being them monthly, weekly, and daily, that is, all profits obtained when you opened the mt4. Our brand new Monitor New Fox indicator is able to unlock all advanced features of MetaTrader 4. This indicator can graph with simple data key meta trader account data (Balance, Equity, Free Margin, Current Profit/Loss, Profit/Loss total, amount of open position(s) and size, etc.) and all this in a

TrendFinder RSI are Colored candlesticks showing the trend based on The Relative Strength Index (RSI) This indicator will give you the color change on the next bar on the confirmation candle and will never repaint   TrendFinder RSI is optimize to trade on any market and to be used trending and None trending markets. For best results use this indicator as an extra tools after you have completed your regular analysis and use it for alerts based on such analysis.

When prices breakout resistance levels are combined with momentum oscillator breaks out its historical resistance levels then probability emerges to record farther prices. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; certainly short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side to confirm peak or trough and in

Please share a comment or rate for improvement  Main Function : The   start   function is called on each new tick. It performs the main logic of the indicator: It initializes arrays to store daily high and low prices. It resizes and initializes these arrays based on the number of days specified by the   DAYS   input parameter. It copies the daily high and low prices into these arrays. It finds the highest high and the lowest low over the specified number of days. It displays these values as com

This indicator will show week and monthhigh low, very useful to understand the market sentiment. To trade within the range/ break out. Low- can act as support- can used for pull back or break out High- can act as resistance- can used for pull back or break out Breakout strategy  refers to the day trading technique that provides traders with multiple opportunities to go either long or short . The main idea is to identify the trend in its most juicy state followed by a trending move.

This is a very fast and not redrawing ZiGZag; it supports switching the segments at breakouts of price levels located at a specified distance (H parameter) from the current extremum. MinBars parameter sets the depth of history for drawing the indicator; 0 means drawing on the entire history. SaveData parameter allows writing the coordinates of extremums to a file (time in the datatime format and price). Some statistics calculated on the basis of the ZigZag is displayed in the form of comments.

Everything is very simple here. I have never understood indicators without external parameters. And the Awesome Oscillator is no exception. Now you can customize this indicator to suit your needs and strategies. Reference: The Awesome Oscillator indicator shows the distance in points between two moving averages (fast and slow). The AO_Robex indicator has in its parameters a change in the period of moving averages. The default parameters are the same as in the standard indicator.

Индикатор показывает максимальное отклонение от скользящей средней за заданный период. Границы канала могут послужить своего рода зонами перекупленности/перепроданности, от которых может произойти откат цены к центру канала. За этими уровнями и стоит искать дополнительные сигналы для входа в сделку.  В настройках индикатора всего 2 параметра -  период, за который будет расчитываться индикатор и метод усреднения скользящей средней.