Technical Indicators for MetaTrader 4 - 56

Candle Painter is a 13 in 1 indicator that paints indicators such as all the oscillators, right on top of your chart candles. You can choose from a long list of indicators and follow the trend of the colored candles, or get warned by the overbought/oversold color on the candles. Uptrend and downtrend levels can be set for the oscillators. Oscillators with main and signal lines, such as MACD, Stochastic and RVI, also have the option to follow trend by crossings. Overbought and oversold levels can

The one and only function of this indicator is to show a moment when the price trend has changed. If a Green line is crossing a Red line down up then the price trend will go up with a very high degree of probability. If a Red line is crossing a Green line down up then the price trend will go down with a very high degree of probability.  The indicator can be used on any time frames and currency pairs.   

The indicator is a full-fledged trading system based on four indicators. It consists of several lines indicating trend direction and power. Smooth lines mean strong trend, while broken lines indicate a weak one. Sell if the line appears above the price and buy if it appears below the price. Absence of lines indicates flat market. If the market is uncertain, there are no indications, or the line is yellow. This is a good period for closing orders or waiting for an opposite signal. The indicator h

The indicator shows the direction of the current trend based on the calculation of the Average Directional Movement Index, but has two important differences from the standard ADM indicator: it presents the results as a simple and intuitive oscillator, and allows to set a custom sensitivity threshold to cut off the market noise. The histogram shows the value and sign of the difference between the +DI and -DI lines: on an uptrend the +DI is higher, the difference is positive, and its value is disp

The indicator displays the data of the candles from a higher timeframe on the chart. Only the candle body (by the open and close prices) is displayed. The candlesticks are colored depending on the difference between the open and close prices. After removing the indicator from the chart, the objects used by it are deleted automatically. Indicator Parameters TimeFrame - time frame (drop-down list) BearColor - bearish candle color (standard dialog) BullColor - bullish candle color (standard dialog

Currency Correlation Plus is an expensive version of the indicator. It is equipped with the signal and is more equipped than its cheaper brother. The indicator helps us understand and see a correlation. Second chart makes it easy to analyze and trade multiple currencies. On the chart, you can post multiple pairs. Type in the selected currency pair in the settings and add it to the chart. Inputs One indicator on chart=True / two or more=False Alert Signal buy and sell for first chart and second

The indicator displays the data of a standard MACD indicator from a higher timeframe. The product features notifications of crossing the zero or signal line by the histogram. Parameters TimeFrame - indicator timeframe (dropdown list) MacdFast - fast line period MacdSlow - slow line period MacdSignal - signal line period MacdPrice - price type (dropdown list) AlertCrossZero - enable notifications of crossing the zero line AlertCrossSignal - enable notifications of crossing the signal line UseNot

The Price Reversal oscillator identifies the potential price reversal points, while being in the overbought/oversold zones. It also displays the entry signals against the trend (sometimes these points coincide with the beginning of a new trend) (blue and red zones) and the entry points by the trend (gray areas). It consists of two lines. The blue line is the fast line, the red line is the slow one. The market entry is recommended if the value of the fast line is greater than 60 or less than -60,

The Market Follower indicator displays two types of potential entry points on the chart (by trend and absolute reversal points). The entry point by the trend is displayed by a circle. The indicator qualifies the presence of a trend at a certain interval by a certain algorithm. Then it displays a potential entry point after a rollback (correction). For the successful use of these entry points, it is recommended to use at least M30 timeframe with a confirmation on smaller timeframes. The Absolute

The Quantum VPOC indicator has been developed to expand the two dimensional study of volume and price, to a three dimensional one which embraces time. The volume/price/time relationship then provides real insight to the inner workings of the market and the heartbeat of sentiment and risk which drives the price action accordingly. The Quantum VPOC indicator displays several key pieces of information on the chart as follows: Volume Profile - this appears as a histogram of volume on the vertical pr

The indicator displays the moving average of a higher timeframe on the chart. The indicator parameters TimeFrame - time frame of the moving average (drop-down list) MaPeriod - moving average period MaMethod - moving average method (drop-down list) MaShift - moving average shift MaPrice - moving average price (drop-down list)

The indicator displays the data of the Average True Range (ATR) from a higher timeframe on the chart. It allows you to see the scope of the movement without having to switch to another screen terminal The indicator parameters TimeFrame - time frame of the data (drop-down list) can not be lower than current AtrPeriod - period of the Average True Range indicator a higher timeframe range

The indicator displays the data of the standard ADX indicator from a higher timeframe on the chart. Several indicators with different timeframe settings can be placed on a single chart. The indicator parameters TimeFrame - time frame of the data (drop-down list) can not be lower than current AdxPeriod - period of the indicator for a higher timeframe AdxPrice - prices for the calculation of the indicator data from a higher timeframe

The indicator displays market profiles of any duration in any place on the chart. Simply create a rectangle on the chart and this rectangle will be automatically filled by the profile. Change the size of the rectangle or move it - the profile will automatically follow the changes. Operation features The indicator is controlled directly from the chart window using the panel of buttons and fields for entering parameters. In the lower right corner of the chart window there is a pop-up "AP" button

This indicator depends on Fibonacci lines but there is a secret lines i used them, by using FiboRec indicator you will be able to know a lot of important information in the market such as: Features You can avoid entry during market turbulence. You can enter orders in general trend only. You will know if the trend is strong or weak. Signal Types and Frame used You can use this indicator just on H1 frame. Enter buy order in case Candle break out the square area and closed over it, at least 20 pi

IceFX VelocityMeter Mini is a very unique indicator on MetaTrader 4 platform which measures the speed of the Forex market . It is not a normal volume or other measurement indicator because IceFX VelocityMeter Mini is capable to understand market speed movements which are hidden in ticks and those valuable information cannot be read in an ordinary way from the candles. The software monitors the received ticks (frequency, magnitude of change) within a specified time range, analyzes these info and

This indicator MA Alerts with Arrows gives you the opportunity to receive signals about the intersection of two moving averages (Moving Average), as well as signals about the price rollback to MA - to enter the transaction. Alert options: Sound and text alerts (alert). Push notification to the mobile terminal. Email notification (message to your e-mail).  Visual alert (arrows on the chart). The indicator has the following features: To display or hide the moving averages and arrows themselves.  T

The indicator detects divergence signals - the divergences between the price peaks and the MACD oscillator values. The signals are displayed as arrows in the additional window and are maintained by the messages in a pop-up window, e-mails and push-notifications. The conditions which formed the signal are displayed by lines on the chart and in the indicator window. Indicator Parameters MacdFast - fast MACD line period MacdSlow - slow MACD line period MacdSignal - MACD signal line period MacdPric

This indicator depends on High and Low price of Currency in last Week and then i made some secret equations to draw 10 lines. Features: You will know what exactly price you should enter the market . You will know when to be out of market. You will know you what should you do in market: Buy Sell Take profit and there are 3 levels to take your profit Support Resistance Risk to buy Risk to Sell Signal Types and Frame used: You can use this indicator just on H4 frame and you have to download the h

This is a powerful system for binary options and intraday trading. The indicator neither repaints, nor changes its readings. Binary Reverse is designed to determine the points where the price reverses. The indicator fixes both reversals and roll-backs considerably expanding your analytical capabilities. It not only clearly shows correction and reversal points, but also tracks the overall trend dynamics. Trading recommendations Coincidence of two signals (arrow and cross) is a strong entry signal

By purchasing this indicator, you have the right to receive a free copy of one of   my other indicator's or advisor’s!  (All future updates are included. No limits) . To get it , please contact me by  mql5 message ! The Trend Scanner trend line indicator displays the trend direction and its changes. The indicator works on all currency pairs and  timeframes. The indicator simultaneously displays multiple readings on the price chart: the support and resistance lines of the currency pair, the exist

The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns. Parameters z

The indicator displays the averaged value of the moving averages of the current and two higher timeframes with the same parameters on the chart. If the moving averages are located one above the other, the resulting one is painted in green, showing an uptrend, in the opposite direction - red color (downtrend), intertwined - yellow color (transitional state) The indicator parameters MaPeriod - moving average period MaMethod - moving average method (drop-down list) MaShift - moving average shift M

Spartan Arrows  – Non-Repainting Buy/Sell Signals Spartan Arrows is a powerful MT4 indicator that delivers accurate buy and sell arrows directly on your chart. Built for traders who want clarity and precision, it filters out market noise and provides only high-probability signals. Once an arrow appears, it does not repaint – giving you the confidence to trade without second-guessing your entries and exits. Key Features Clear buy/sell arrows for instant decisions Non-repainting and non-lagging si

The indicator displays the price movement on the chart, which is smoothed by the root mean square function. The screenshot shows the moving average with period 20, the smoothed root mean square (red) and simple SMA (yellow). The indicator parameters MAPeriod - Moving average period MaPrice - applied price (drop down list, similar to the standard MovingAverage average) BarsCount - number of processed bars (reduces download time when attaching to the chart and using in programs).

The indicator displays the standard price deviation from the root mean moving average line in the additional window. The screenshot displays the standard indicator (the lower one) and SqrtDev (the upper one). Parameters SqrtPeriod - root mean line and standard deviation period. SqrtPrice - applied price (drop-down list). BarsCount - amount of processed bars (reduces the download time when applying to a chart and using in programs).

This indicator depends on High and Low price of Currency in last Month and then i made some secret equations to draw 10 lines. Features You will know what exactly price you should enter the market . You will know when to be out of market. You will know you what should you do in market: Buy Sell Take profit and there are 3 levels to take your profit Support Resistance Risk to buy Risk to Sell Signal Types and Timeframe Used You can use this indicator just on H4 timeframe and you have to downloa

Friends, join us! Ask questions and connect with like-minded traders: MetaCOT Public Group MetaCOT Information Channel: news, CFTC reports, and signals: MetaCOT Channel Here’s to successful trading and new profitable signals for us all! Attention! Recently, certain countries have been blocking access to the cftc.gov website. As a result, users in these countries are giving the product low ratings. MetaCOT has always adhered to the highest quality standards and is in no way associated with th

Friends, join us! Ask questions and connect with like-minded traders: MetaCOT Public Group MetaCOT Information Channel: news, CFTC reports, and signals: MetaCOT Channel Here’s to successful trading and new profitable signals for us all! Attention! Recently, certain countries have been blocking access to the cftc.gov website. As a result, users in these countries are giving the product low ratings. MetaCOT has always adhered to the highest quality standards and is in no way associated with th

The indicator displays the signals of the RSX Oscillator. The main type of signal is given when the oscillator exceeds the 0 value. If the "Sensitivity" parameter increases above zero, the main signal will also be given when overbought/oversold levels are overcome, defined as zero plus sensitivity and zero minus sensitivity. An additional signal is given when the direction of the oscillator line changes. It is optimal to use the indicator signals as signals to open a trade when the price overcom

Two Dragon is an advanced indicator for identifying trends, which uses complex mathematical algorithms. It works in any timeframe and symbol. Indicator is designed with the possibility to customize all the parameters according to your requirements. Any feature can be enabled or disabled. When a Buy / Sell trend changes the indicator will notify using notification: Alert, Sound signal, Email, Push. МetaТrader 5 version:  https://www.mql5.com/en/market/product/14906   Parameters Max_Bars_History —

This indicator depends on High and Low price of currency in the last day, and then I made some secret equations to draw 10 lines. Features You will know what exactly price you should enter the market. You will know when to be out of market. You will know what you should do in market: Buy Sell Take profit, and there are three levels to take your profit Support Resistance Risk to buy Risk to sell Signal Types and Timeframes Used You can use this indicator just on (M1, M5, M15, M30, H1) timeframe

The indicator allows you to determine the current price direction and market volatility. This version of the Traders Dynamic Index  (TDI) has the redrawing of the historical data eliminated, the algorithm calculation speed optimized, more external parameters for a more precise adjustments, and its functionalities extended: added the selection of the initial oscillator and the smoothing methods of the averages. Parameters: Mode Osc - estimation oscillator selection; Period Osc - the calculation p

Indicator based trading according to the price analysis of bars, the most popular among traders. The indicators calculated based on larger periods are used for identification of a stable trend on the market, and the ones calculated based on smaller periods are used for entering the market after a correction. The oscillators with overbought and oversold levels have a special place in indicator-based trading. The values of such indicators are subjected to wave structure - the higher waves (chart t

A very powerful tool that analyzes the direction and the strength of the 8 major currencies: EUR, GBP, AUD, NZD, CAD, CHF, JPY, USD – both in real time, and on historical data. The indicator generates a sound signal and a message when a trend changes. Never repaints signal. The strength of the signal is calculated for all pairs which include these currencies (28 pairs total), can have value from 0 to 6 on a bullish trend, and from 0 to -6 on a bearish trend. Thus, you will never miss a good move

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Parameters SoundAlerts = true – play sound alerts, true or false (yes or not) UseAlerts = true – use alerts, true or false (yes or not) eMailAlerts = false – use alerts via email, true or false (yes or not) PushNotifications = false – use push notifications, true or false (yes or not) SoundAlertFile = "alert.wav" – name of alerts sound file ColorBarsDown = clrRed – color body of bearish candlesticks (default – red) ColorBarsUps = clrBlue – color body of bullish candlesticks (default – blue) Colo

Part of the Shved Market Analytics System (SMAS). ShvedSupDem Pro Zone(Chart Pro) is one of the core modules of the SMAS ecosystem—a professional market analysis system built around supply and demand, market structure, and multi-timeframe confirmation. ShvedSupDem Pro Zone(Chart Pro) is a professional indicator for automated drawing of Supply and Demand zones directly on the chart of the MetaTrader 4 terminal. The indicator automatically identifies and plots key market imbalance areas where

Introduction: Whatever trading method you use, it is important to know the Pivot levels to take the key attention for your entries & exits. This indicator has been made using the standard classic formula for Auto drawing the Pivot levels. Also based on the previous day trading range, the probable expected today trading range has been highlighted in a different color for your reference. Output of the Indicator: This Indicator gives the Pivot level Different resistance Levels Different Support le

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Universal adaptable indicator. It determines the estimated trading range for the current day based on the available history a real data, and displays the area of the probable price rollback on the chart. All this thanks to the built-in algorithm that automatically adapts to any behavior models of the market quotes. With the parameters adjusted, the indicator shows its effectiveness on most of the currency pairs, that have a rollback from the reached extremums during the current or the next tradi

The index by 5 minutes the line graph is very close to the map to get the effect and time Using the method of the index: 1, 5 minutes K-line set into a line chart2, change the color of the white line chart 3, set the background color and the grid Yellow for the average                                                                  .                              Red is the zero axis (that is, yesterday's closing price)                                                                            

The indicator displays entry signals based on RSI location in overbought/oversold zones on all the timeframes beginning from the current one up to the highest (MN). If RSI is less than Zone but more than (100-Zone), the appropriate indicator value is filled for the timeframe: M1 - from 0 to 10 (sell) or from 0 to -10 (buy); M5 - from 10 to 20 (sell) or from -10 to -20 (buy); M15 - from 20 to 30 (sell) or from -20 to -30 (buy); M30 - from 30 to 40 (sell) or from -30 to -40 (buy); H1 - from 40 to

Introduction to Support Resistance Indicator Support and Resistance are the important price levels to watch out during intraday market. These price levels are often tested before development of new trend or often stop the existing trend causing trend reversal at this point. Highly precise support and resistance are indispensable for experienced traders. Many typical trading strategies like breakout or trend reversal can be played well around these support and resistance levels. The Precision Sup

The basic information of the market The current variety Spread Basis-point Value Empty single overnight interest More than a single overnight interest bond Time to market   English version          Forex Hedge EA                   standard edition       Forex Hedge Pro EA              Advanced version Chinese version         Forex Hedge EA cn               standard edition        Forex Hedge Pro EA cn         Advanced version    QQ：437180359     e-mail：hl3012@139.com   

Sequential R  is a powerful indicator from the set of professional trader. In today’s market, an objective counter trend technique might be a trader’s most valuable asset. Most of the traders in the stock market must be familiar with the name "TD Sequential" and "Range Exhaustion". The Sequential R is a Counter-Trend Trading with Simple Range Exhaustion System. TD Sequential is designed to identify trend exhaustion points and keep you one step ahead of the trend-following crowd. The "Sequential

Another Relation displays the relative movement of the other symbols (up to 5) in a separate chart window. The indicator works currency pairs, indices and other quotes. Another Relation allows to visually estimate the symbol correlation and their relative amplitude. Thus, the trader is able to compare the movement of the current instrument to others, identify correlations, delays and make decisions based on their general movement. Indicator usage The window displays the data on all the symbols

The indicator takes screenshots of the active terminal chart. Available image saving options: At the opening of a new bar (candlestick) depending on the currently selected timeframe; After a certain time interval, e.g. every 10 minutes after indicator launch on a chart; When trade orders are opened/closed both by an Expert Advisor and manually; Each time when a user clicks the "Screeshot" button. Indicator Parameters Settings Screenshot time Start Time (hh:mm) - sets the start time of indicator

MFI Pointer is an indicator based on Money Flow Index indicator that uses both price and volume to measure buying and selling pressure. Money Flow Index is also known as volume-weighted RSI . MFI Pointer simply draws arrows on chart window when value of Money Flow Index (from parameter MFI_Period) is below MFI_Level (green upward pointing arrow) or above 100-MFI_Level (red downward pointing arrow). Indicator works on all timeframes and all currency pairs, commodities, indices, stocks etc. MFI Po

Spread Display is a simple but very helpful indicator allowing live monitoring of spread in chart window. Using this indicator, there's no need to distract attention never again, seeking current spread value somewhere else. From now on, everything is clear and at the height of your eyes, in chart window of selected currency pair. Indicator has many settings. We can choose any font we want and we can set 3 spread levels ( Spread_Level_1 , Spread_Level_2 and Spread_Level_3 ) between which will cha

Description: This indicator is a collection of three indicators , it is 3 in 1: PipsFactoryDaily Click Here PipsFactoryWeekly Click Here PipsFactoryMonthly Click Here If you are interesting in all of them, you can save money - this collection indicator is cheaper. This indicator depends on High and Low price of currency in the (Last day / Last week / Last Month) depends on user input, and then I made some secret equations to draw 10 lines. Features: You will know what exactly price you should

This indicator offers a robust market analysis method centered around the concept of the 'Regression Channel Tool'. By harnessing this tool, traders can gain exceptional control over their chart's regression channel, enabling them to make more informed trading decisions. The Regression Channel Tool is a powerful instrument in a trader's toolkit. It's designed to provide valuable insights into price trends and potential support and resistance levels. The tool is especially effective for visualizi

Introducing our powerful Forex indicator designed to enhance your trading strategy and provide you with precise insights into the market trends. This cutting-edge tool employs a sophisticated custom algorithm that meticulously analyzes candle measurements, making adjustments for optimal accuracy. The result? A set of arrows expertly plotted on your chart, indicating strategic entry points. The genius behind this indicator lies in its ability to harness the power of candlestick patterns and comb

The indicator is designed to detect and visualize diamond Gann waves, a specific pattern derived from Gann theory. It provides traders with insights into potential market reversals by drawing points (P) based on the ABC points of the pattern. Additionally, the indicator draws vertical lines from the predicted points (P) to help traders identify potential reversal points more easily. Indicator Features: Use_System_Visuals: This parameter enables or disables the usage of the system's visual theme

Volume Volatility is an indicator which analyzes currency pairs, indices, commodities etc. in terms of extremely high and extremely low accumulation to distribution ratio in comparison to values from past. The most important parameter is "Volume Volatility Factor" - this parameter, in big simplification, determines how far distance in the past is analyzed. The lower value of the parameter, the indicator analyzes less data from the past. I recommend you to set and test e.g. 3, 5, 15, 35, and 48 w

Be notified of every color change of Heiken Ashi (HA) candles. The indicator will trigger past and new signals every time that HA candles change their colors. Note : this tool is based on the code of Heiken Ashi indicator developed by MetaQuotes Software Corp. Features The signals are triggered at closing of last bar/opening of a new bar; Any kind of alerts can be enabled: Dialog Box, Email message, SMS notifications for smartphones and tablets, and Sound alerts; By default, up arrows are plott

This indicator displays signals on the price chart based on the classic indicator, the Money Flow Index (MFI). Volume is taken into account when calculating MFI values. The MFI can be used to identify overbought and oversold zones in the market. This indicator allows you to display several types of signals on the price chart: MFI crossing the midpoint between the overbought and oversold zones; MFI exiting the overbought or oversold zone; MFI entering the overbought or oversold zone; fast MFI and

With Symbol Switch you can easily change the symbol of all open charts without losing your analysis or template. Easily monitor many symbols with only one monitor. Auto save\load analysis separately for each symbol (including all graphical analysis and attached indicators). The indicator shows the symbols which are visible in your MT4 "Market Watch" window. To add\remove a symbol just add\remove it from MT4 "Market Watch" window. Monitoring all symbols profit with the panel. Works with all broke

Oscillyator 3TF displays data on standard oscillators (RSI, MFI, STOCH, CCI, DeM, Momentum) on the current and two following timeframes. The modified version of Price Reversal oscillator is also added. The indicator allows you to track the situation on higher timeframes and select suitable entry points when oscillator lines are in oversold/overbought zones. The indicator may notify of all three lines located in specified zones via alerts, emails, and push notifications. Parameters Period – indi

Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current

Good News ! Advanced Currency Meter is more awesome now ! If you have been a fan of the free version of Advanced Currency Meter then I will implore you not to be discourage because you will soon find that the new paid version is worth every dime. Unlike the free version the new paid version of Advanced Currency Meter now has a newly added panel called the “% Daily Range” . Why A Paid Version Now? We believe you like good things and many who has used Advanced Currency Meter over the years will te

The indicator detects and displays the 5-0 harmonic pattern on the chart according to the scheme provided in the screenshot. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, does not require additional installation). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The indicator highlights not only the complete figure, but also the time of its formation. During the formation the f

The indicator detects and displays the AB=CD harmonic pattern on the chart according to the scheme provided in the screenshot. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, does not require additional installation). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The indicator highlights not only the complete figure, but also the time of its formation. During the formation the

Reliable SMA reversal signals. No repainting. Simple settings. Suitable for binary options. Made for maximum traders' convenience. The indicator performs a complex analysis of a price movement relative to SMA and displays the array which is to be most probably followed by a price impulse and SMA reversal. Internal sorting mechanisms sort out definitely late, unreliable or inefficient entries. Options SMA_PERIOD - considered SMA period should be no less than 24, the default is 44 SMA_APPLIED - S

The indicator detects and displays the White Swan and Black Swan harmonic pattern on the chart according to the scheme provided in the screenshot. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, does not require additional installation). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The indicator highlights not only the complete figure, but also the time of its formation. Duri

DS Arrow is a simple indicator for buying/selling in MetaTrader 4, This straightforward indicator shows the market entry points. Perfect for both beginners and professionals. Designed for working only with the H1 timeframe, the indicator will not be displayed on other timeframes. Recommended currency pairs: GBP-USD, EUR-USD, USD-CAD, AUD-USD, USD-JPY, NZD-USD. Works with both4-digit and 5-digit quotes. This indicator does not redraw its signals. Features The entry is made when the hourly candle

The indicator detects and displays Shark harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is comple

The indicator detects and displays 3 Drives harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is com

The indicator detects and displays Cypher harmonic pattern also known as Anti-Butterfly (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangle

The indicator displays ZigZag lines from a higher timeframe (see the example in the screenshot). The red thin line is the current timeframe's ZigZag, while a thicker yellow line is the higher timeframe's one. The indicator is repainted as the data is updated. Parameters Depth, Dev, Back - ZigZag parameters; BarsCount - amount of processed bars (reduces the initial download time and decreases the load when using in an EA); TimeFrame - indicator timeframe (cannot be lower than the current one).