Technical Indicators for MetaTrader 4 - 60

Purpose : Used as a tool for Traders and Investors This product is a Macd alert Indicator, which gives two (2) sets of Alerts: Main line and Macd Signal line cross over for early indications of retracements or trend change above or below. While the zero cross is the flipping over effect of the histogram to the opposite side of the zero line, which can be seen on the standard Macd Oscillator. Regular Arrows: Up and down arrows shows the cross over Of the Signal Line and Main Line from above for

Renko Charts now have the alerts and the  Win-rate . Now you can know which signal will give you that edge your trading needs. Risk to Reward Settings  Wins versus Losses Count There are four alert types to choose from for notification on screen, email or phone notification. The alert types also have buffers for use with automation. This indicator can be incorporated with any system that requires renko charts. The four (4) alert types are: Three-bar Formation ; Pinbar ; Marabozu and Engulfing Ba

Heiken Ashi Bar Type based indicator: Enter Trades with the Confidence that higher timeframes agree. This tool will display the condition and direction bias all in one window, without need to look at the charts.  Professional Traders who do trend trading or scalping with the trend, this is a great tool to be alerted by when the asset is ready. Example: Choose any MT4 timeframe you want Daily timeframe H4 timeframe H1 timeframe Choosing your favourite moving average method: EMA 50/ EMA 100 / EMA

This indicator can display 1 or 2 MACD indicator on different time-frames and settings. Uses EMA for calculation. The active indicators can give visual and sound alert on zero-level-cross if the user choose that option. Alert can be set on one or both active indicator, even if the time-frame, and the period different on each. When alert set to both, the two MACD histogram must be on the same size of the 0 level to get an arrow. There is a display panel with buttons on the main chart, what is sho

Do you want to see the candlestick formation on a higher timeframe, but do not want to be detached from the lower chart you trade on? Then this indicator is for you! It draws candles of any timeframe as histogram bars and accurately replicates the proportions between the candle body and wicks. At the same time, the time scale is not interrupted. For example, on a minute chart, each M5 candle will take up 5 bars. Each candle formed before the start of the indicator will be replicated five times w

The Shark Pattern is dependent upon the powerful 88.6% retracement and the 113% Reciprocal Ratio, works extremely well retesting prior support/resistance points (0.886/1.13) as a strong counter-trend reaction. Represents a temporary extreme structure that seeks to capitalize on the extended nature of the Extreme Harmonic Impulse Wave. The indicator demands immediate change in price action character following pattern completion. Extreme Harmonic Impulse Wave utilized depends upon location of 88.6

Trend Scanner looks at the Market watchlist and Checks to see if there are trending cases between three (3) timeframes selected by the user. The analysis can assist in finding pairs to focus on for a particular session where a trader may need to have a bias in terms of direction to place trades for a particular system which requires multiple timeframe filtration of bar momentum. 3 Main indicators are involved: Moving Average, MACD and Heiken Ashi. User is able to select timeframes available on

I  recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi time frame and multi symbol indicator scans for engulfing and tweezer formations. The indicator can also be used in single chart mode. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Ap

The AIS Advanced Grade Feasibility indicator is designed for forecasting levels that a price can reach in future. Its operation is based on the analysis of the last three bars and creating the forecast. The indicator can be used on any timeframe and any currency pair. Using settings, you can achieve the desired quality of the forecast. Depth of forecast - sets the desired depth of forecast in bars. The recommended values for these parameters are 18-31. You can try beyond this range. But in this

Super signal series magic arrows is an indicator that generates trade arrows. It generates trade arrows with its own algorithm. These arrows give buying and selling signals. The indicator certainly does not repaint. Can be used in all pairs. Sends a signal to the user with the alert feature. Trade rules Enter the signal when the buy signal arrives. In order to exit from the transaction, an opposite signal must be received. It is absolutely necessary to close the operation when an opposite signa

Tired of online risk calculators that you manually have to fill out? This neat little dashboard instantly shows you, your risk, reward and risk vs reward as soon as you've sat your Stop-loss or Take-profit. Works on both market and pending orders. By far, my most used indicator when trading manually on mt4. Advantages Can handle multiple positions. And gives the total risk and reward for all positions on all manually placed or pending positions on the current chart. Automatically recalculates t

This indicator consists in two different algorithms, in order to profit all fast movements created during noises of the market. First of all, it plots normalized trend bands to can filter the possible trades. The normalized trend bands are calcualted using an exclusive mathematical algorithm to has both the correct trend and the fast adaptability to the change of trends. With those bands you can know when you are inside the trend, or when you are outside. The second alhorithm uses a private fo

The Impulse Checker indicator is designed for informing about the price acceleration and determining the optimal entry points during an increased market volatility (for example, at the opening of the market or during the release of high-impact news). The indicator utilizes the fundamental regularity of the market, which assumes that after an impulse of a certain size at a certain point appears, the price movement continues, which allows earning a large number of points. Description of the indic

This is a true Price Rate-of-Change multi-timeframe indicator. It shows the charts of various timeframes in a single window converting them to the time scale used to perform trades. You are able to select both higher and lower timeframes, as well as change the main trading timeframe. You will always see all the lines of the indicator on the right scale. Two color scheme variants are available: with color change when crossing zero, and without. You can also define the data display style (lines or

This oscillator generates trade signals based on the analysis of two smoothed Price Rate-of-Change graphs, which are calculated using different periods. One of the graphs is used as the main one, the second as the signal line. The difference between them is displayed as an oscillator in the form of a histogram, divided into four phases: the beginning of the rise, the completion of the rise, the beginning of the fall and the end of the fall. When the color is bright blue, the ROC indicator intens

Alan Hull's moving average, more sensitive to the current price activity than the normal MA. Reacts to the trend changes faster, displays the price movement more clearly. No Repaint Version on separate Windows shows the trend 1 and -1 . Improvement of the original version of the indicator by WizardSerg <wizardserg@mail.ru>. Suitable for all timeframes. Parameters Period - period, recommended values are from 9 to 64. The greater the period, the smoother the indicator. Method - method, suitable v

Features This indicator determines the consecutive bullish and bearish bars; It graphically displays from 4 to 12 consecutive bullish and bearish bars with an alert; It is possible to disable the alert and unnecessary graphical elements; It is also possible to adjust the number of bars in history, where the graphical elements of the indicator are to be drawn (0 = all available bars); There is an option to change the size of the graphical elements. This indicator is well suited for trading binary

The Forex Trading Guide indicator works based on the standard RSI indicator with an adjustable period. Crossing the internal level calculated mathematically, the indicator gives a signal for opening a trade in a certain direction, showing it on the price chart with the corresponding line (blue - deal up, red - deal down) and the price label of the corresponding color . In other words, if the previous directive was to deal down (the line and the price label in red), then the next directive will b

Every indicator has its advantages and disadvantages. Trending ones show good signals during a trend, but lag during a flat. Flat ones thrive in the flat, but die off as soon as a trend comes. All this would not be a problem, if it was easy to predict when a flat changes to a trend and when a trend changes to a flat, but in practice it is an extremely serious task. What if you develop such an algorithm, which could eliminate an indicator's flaws and enhance its strengths? What if such an algori

This is an oscillator with dynamic levels. Description of the indicator settings: mode - choose the line type: main line or signal line. Kperiod - the period (number of bars) for calculating the %K line. Dperiod - the averaging period for calculating the %D line. slowing - the slowing value. method - the averaging method. It can be any of the following values: Simple averaging. Exponential averaging. Smoothed averaging. Linearly weighted averaging. price - choose the price for calculations. It c

Usage Instructions for user Attach the Indicator to any chart. Select the desired Input in the Input Tab from the Indicator Dialog box that pops up. Select Ok to confirm and continue. Description This Indicator detects breakout using advanced detection strategy. It consists of various inputs options including “Show Arrows”, “Show Max Profits”, “Show Analyzer”, etc which can be helpful for the user to enter trades or determine the profit or loss that would have occurred using previous data, arro

The indicator is designed to measure the price volatility. This allows determining the moments for opening or closing trade positions more accurately. High intensity of the market indicates the instability of its movement, but allows for better results. And, conversely, low intensity of the market indicates the stability of its movement. Parameters Bars to process - the number of bars to measure the price movements. A low value of this parameter allows determining the moments of rapid price mov

XL Arrow is a signal indicator that displays market entry points. The red arrow and the DOWN signal at the right corner indicate it is time to sell, while the blue arrow and the UP signal indicate it is time to buy. Settings PeriodSlower - indicator slowing period. PeriodFaster - indicator acceleration period. Recommendations trading pairs: EURUSD, GBPUSD and USDJPY timeframes: M5 - H4

This indicator uses the Fibonacci p-numbers to smooth a price series. This allows combining the advantages of the simple and exponential moving averages. The smoothing coefficients depend on the level of the p-number, which is set in the indicator parameters. The higher the level, the greater the influence of the simple moving average and the less significant the exponential moving average. Parameters Fibonacci Numbers Order - order of the Fibonacci p-number, specified by trader. Valid values a

This is a complex indicator for developing custom trading strategies. It can also sort out already existing strategies. The initial objective of the indicator was to combine a couple of indicators. After combining 12 indicators, I realized I need to implement the ability to separate them as well as arrange the signals from the built-in indicators and systems. The indicator provides signals as buffer arrows: 0 - buy, 1 - sell. The contents of the complex indicator: Indicators Let me know if you

Olofofo Fx Scanner is a Custom Indicator created to scan through the currency pair it is being attached to in the market on ALL time frames simultaneously from a Minute to Monthly looking for just 3 things that make Forex trading exciting and worthwhile to invest in. Once these are found, it alerts the User immediately for a timely action on the part of the Trader. This is a self-fulfilling prophecy of the market, meaning that even if you are a newbie, by the time you see the graphical display o

Eureka OpgtsFx is a Custom Indicator created to alert the trader when there is a cut-across trend correlations from Daily (D1) to Monthly (MN) Time frames with the belief that the major trend dominates the market and also save the traders from being eaten for breakfast by the big dogs in the financial industry. This indicator is suitable for both the Swing and the Long term Traders due to their peculiar styles of trading and waiting for days, weeks or probably months before taking their profits

Mini Currency Strength Meter Mini Currency Strength Meter is a PORTABLE (mini) currency strength meter created to measure/analyze currency strength and pass the information to the trader through a graphical display of each currency group's strength rates by percentage. USAGE: It is useful in two ways for trading: 1. Solo Trading 2. Basket Trading (Currency Group Trading) HOW TO USE IT EFFECTIVELY Solo trading: It can be used for solo trading by analyzing the strength of each group of

FULL FOREX MARKET VIEW Dashboard Indicator This is a custom indicator created to give Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make successful trading. INSTALLATION : Before attaching this Indicator to your window chart, go to your MT4's Market Watch panel and HIDE all the Currency pairs you don't need or trade and leave the rest there. The reason is that FFMV Dashboard will DISPLAY ALL the

Future Candle One Candle is an arrow indicator of candlestick patterns, based on the calculation of historical statistics. It identifies and calculates patterns consisting of one candle. Advantages of the indicator Gives information about the next candle right now; The indicator values are based on statistical data on the history of the current instrument; Forecasts and displays the result of trading based on its signals; The colors of the indicator have been selected for a comfortable operatio

This indicator calculates the aggregate position of all long positions and the aggregate position of all short positions on the current symbol. The aggregate position is displayed on the chart as a horizontal line. When the line is hovered, a tooltip with the volume of the aggregate position appears. If the total number of positions in the terminal changes, the aggregate position is recalculated. Input parameters BuyLine color - line color of the aggregate long position; BuyLine width - line wi

The indicator is based on the analysis of interaction of two filters. The first filter is the popular Moving Average. It helps to identify linear price movements and to smooth minor price fluctuations. The second filter is the Sliding Median. It is a non-linear filter. It allows to filter out noise and single spikes in the price movement. A predictive filter implemented in this indicator is based on the difference between these filters. The indicator is trained during operation and is therefore

The indicator displays the price movement as three zigzags of different time periods (current, higher and even higher periods) on a single chart. Zigzag is plotted based on the Heiken Ashi indicator and the High/Low price values. The indicator also displays: Support and resistance levels based on the latest peaks of zigzags; Unfinished movement of the current period's zigzag, higher-period zigzag and even higher-period zigzag is displayed in another color. Parameters TimeFrame : periods tot cal

The Medok indicator shows the market entry and exit points on the chart using arrows and resistance lines. The indicator is very easy to use. Buy when a blue arrow appears and sell when a red arrow appears. After an order is opened, it is recommended to close a buy position when the price reaches the lower resistance level or to close a sell position when the price reaches the upper resistance level. Recommended values for EURUSD H1 Periods - 2; Acceleration - 0.02. Recommended values for EURU

Future Candle Two Candle is an arrow indicator of candlestick patterns, based on the calculation of historical statistics. It identifies and calculates patterns consisting of two candles. Advantages of the indicator Gives information about the next candle right now; The indicator values are based on statistical data on the history of the current instrument; Forecasts and displays the result of trading based on its signals; The colors of the indicator have been selected for a comfortable operati

Future Candle Three Candle is an arrow indicator of candlestick patterns, based on the calculation of historical statistics. It identifies and calculates patterns consisting of three candles. Advantages of the indicator Gives information about the next candle right now; The indicator values are based on statistical data on the history of the current instrument; Forecasts and displays the result of trading based on its signals; The colors of the indicator have been selected for a comfortable ope

This indicator is based on a classical Commodity Channel Index (CCI) indicator and shows a digital values of CCI from two higher (than current) Time Frames. If, for example, you will put it on the M1 TF it will show a digital values of the CCI from M5 (TF1) and M15 (TF2). As everybody knows, the CCI is using +100 (LevelUp) and -100 (LevelDn) boundaries. You have the possibility to change those numbers according to your strategy. When a line graph of the CCI will go higher than LevelUp then a gre

Ideally, this is we hope : The good numbers on news should make the related currency become stronger, and the bad numbers on news should make the related currency become weaker. But the fact is: The good numbers on news that has been written on the economic news calendar could not always instantly make the related currency become stronger. and vice versa, the bad numbers could not always instantly make the related currency become weaker. Before placing new position: We need to know which actuall

Master Phi is an indicator based on Fibonacci numbers. It analyzes the percentage values returning the proportion of the Golden Section. You can customize values and set custom levels so you will create your personal Trading. The attention on the minimums and the maximums of timeframes allows accurate analysis in order to intercept very precisely the trading levels after the various impulse movements. Input Values Time_Frame to analyze LEVELS SETTINGS 9 levels (in percentage) 9 colors LINE SETT

The arrow indicator 'Magneto Flash" is based on candlestick analysis and does not use built-in terminal indicators. It determines entry points in the current candlestick (a signal can be canceled) and informs about a confirmed signal on the next candlestick. Indicator setup and use Only two parameters can be used for optimization - the hour of the beginning and end of chart analysis period. These data for some instruments will be available in product comments page, but you can easily find your

This is the multi-time frame Fisher Divergence indicator for MetaTrader 4, with signal arrows and a Signals panel which is freely movable showing the last signals and their time in color. The indicator draws some lines based on signal time. On the time frames below H4, the indicator scans for H4 divergence signals and draws it on chart with thick trend lines, and also it draws arrows for them. And also it scans the current time frame and draws a line at divergence location and places signal arro

The indicator shows the market turning points (entry points). Reversals allow you to track rebound/breakout/testing from the reverse side of the lines of graphical analysis or indicators. Reversals can be an independent signal. The indicator allows you to determine reversals taking into account the trend and without it. You can choose a different period for the movement preceding the reversal, as well as the volatility coefficient. When plotting reversals, the indicator takes into account volati

This indicator is designed to filter trends. Using the RSI indicator we know. It is aimed to confirm trends with this indicator. Can be used alone. It can be used as an indicator to help other indicators. He is already a trend indicator. You can confirm the signals given by other indicators according to your strategy with this indicator. The RSI Trend Filtering indicator confirms trends using a number of complex algorithms. Red below trend zero represents the downward trend. If trend is blue abo

Colored trend indicator is a trend indicator that uses Average True Range and Standard Deviation indications. It is aimed to find more healthy trends with this indicator. This indicator can be used alone as a trend indicator. Detailed review 4 different trend colors appear on this indicator. The blue color represents the upward trend. The dark blue color has a tendency to decline after rising from the rising trend. The red color represents the declining trend. The dark red color has a tendency

Twins   Oscillator based on the Stochastic indicator. The upper readings of the indicator can be used as buy signals, the lower readings of the indicator can be used as readings for sell signals. Settings: Kperiod - period (number of bars) for calculating the% K line. Dperiod - averaging period for calculating the% D line. slowing - slowing down. method - averaging method (simple, exponential, smoothed, linearly weighted). price - price for calculation (0 - Low / High, 1 - Open / Close). Coeffic

This is the oscillator with dynamic levels based on CCI indicator. Settings: CciPeriod - averaging period for the indicator calculation. Price - applied price. AvgPeriod - averaging period for calculating the indicator smoothing. AvgMethod - averaging method for calculating the indicator smoothing. MinMaxPeriod - dynamic levels calculation period. _levelUp - upper level. _levelDown - lower level.

The MACD_stopper_x2 indicator shows where the trend has a tendency to stop or reverse. It uses the standard MACD indicator and a proprietary formula for processing data obtained from MACD. There are 2 types of stop/reversal signals: Small cross - probability of a trend stop/reversal is 70-80% Large cross - probability of a trend stop/reversal is 80-80% If there are open trades (for example, BUY) on the symbol the indicator is attached to, and the BUY trend ends, the indicator sends push notifica

Super signal series trend arrows is an indicator designed to generate trading signals. This indicator uses a number of different indicators and generates a signal using a number of historical data. It generally tries to calculate the trend return points. These trend returns may be sometimes very large, sometimes small. The investor should act with the belief that the signal may be small. Monthly median produces 5 to 10 signals. These signals vary according to market conditions. The signals do no

This multi time frame and multi symbol indicator identifies high-probability breakout patterns. It does this by identifying strong, symmetrical pennants and triangles. This pattern DOES NOT appear very often on higher time frames. But when it does, it is a very high-probability setup. The indicator also includes an Inside bars scanner. It can for example be used to detect a special type of Inside bars formation which is formed by a Master candle (MC) followed by 4 inside candles (please see the

The EMA Trend indicator is a trend indicator using two moving averages. These two moving average is the main trend indicator with 89 EMA. 89 EMA is generally regarded as a trend in the Forex market. The second moving average is 49 EMA. A trend was created using two moving averages. You can use this display alone as a trend indicator. Or with other indicators suitable for your strategy. This indicator sends a warning every new trend starts. Features You can select and edit the periods. Time fram

This StrongCurrency is a complete trading system based on a variety of technical indicators, moving averages and pivots. Each of those elements can be assessed in defined rules and coefficients (depending on the indicator) providing limitless optimization scenarios for the StrongCurrency. In order to work the StrongCurrency creates a trend strength and entry point signal list display by evaluating these data, that takes data from all symbols. It extrapolates all the information in order to get t

The indicator is designed for binary options. It produces a sound alert, after which you should instantly enter the market. The indicator operates based on signals form RSI and CCI, as well as support and resistance levels. When the chart is in overbought and oversold zones, the indicator finds a level in this zone and notifies you using a sound and a message. Indicator Parameters dist - the number of points to generate a signal. Suitable values ​​are from 21 to 50. Filtr_SMA - the filter, used

This indicator detects IDRN4 and IDNR7 two powerful patterns on 28 pairs on new daily bar. IDNR4 is the acronym for "Inside Day Narrow Range 4" where "Inside Day" is a lower high and higher low than the previous bar and "Narrow Range 4" is a bar with the narrowest range out of the last 4 bars so "Narrow Range 7" out of the last 7 bars. Hence, ID/NR4 and better ID/NR7 are an objective criterion for identifying days of decreased range and volatility. Once we find an ID/NR4 or an ID/NR7 pattern, we

Every successful trader knows what support and resistance spots are working. And always know that these points need to be kept in mind. They always trade according to this point. The support and resistance point indicator operates in two different modes. The first is the standard support and resistance points we know. The second is Fibonacci levels. This indicator automatically calculates and displays the support and resistance points on the screen. Features You can select the time frame you wa

Real Trend Lines is an indicator that calculates trends using a set of channels and using a set of algorithms. This indicator helps to find trend return points. It generally represents an oscillator. This trend tracking system helps the investor to understand small or large trends and determines the direction according to it. Trending features Up trend Rule 1 - yellow trend line should be below zero level. Rule 2 - the yellow trend line should be in the green and orange channel. Rule 3 - the tr

Features This is an indicator that recognizes a special type of Inside Bar formation which is formed by a Master candle followed by 4 smaller candles (please see the strategy explanation below). Plots buy/sell stop lines on the chart as well as well as take profit and stop loss levels. The TP/SL levels are based on the Average True Range (ATR) indicator. Object colors are changeable. Sends you a real-time alert when a Master candle formation is identified - sound / pop-up / email / push notifica

ISR Pro  is a powerful indicator that works non trending market conditions. This indicator is perfect for scalp trades as well as swing trades. Intraday is another way of saying "within the day." Intraday price movements are particularly important to short-term traders looking to make many trades over the course of a single trading session. Features This indicator does not repaint and never changes levels in the history. For all you can see in the history, the indicator will show exactly the sam

For any trader, the result of market analysis is the correct identification of the market entry and exit points. The more correctly they are selected, the more profitable the trading. The SmartArrows indicator does not display any excessive information that may distract or confuse the trader, but only the mot important things. The indicator is very simple to use. When a down arrow appears, open a SELL trade, with an up arrow open BUY. Despite its seeming simplicity, the SmartArrows indicator con

This multi time frame and multi symbol indicator scans for Pin bars, Morning/Evening stars, Engulfings, Tweezers, Three line strikes, Inside bars and Pennants and Triangles. The indicator can also be used in single chart mode. Please read more about this option in the product's blog . Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. App

Range bands works the same way as Bollinger bands except that they are self adapting, with range trading in mind. Unless you are familiar with Bollinger bands, it is a standard deviation indicator that is based around the concept that when price deviates to quickly from the average, it's going to encounter resistance. This is true for all period settings, since standard deviation 2 or 3 is an extreme on any data. This indicator automatically chooses the period that is currently most suitable for

Super signal series mystery arrows is an indicator designed to generate trading signals. This indicator uses a number of different indicators and generates a signal using a number of historical data. Currency pairs:  Any Time interval:  M5, M15, M30. Suggested M5 Work with at least 20 pairs Parameters AlertsOn -  send alerts. If this feature is activated, it will be activated in other warning properties. AlertsMessage -  send a message AlertsSound -  sound alert setting AlertsEmail -  email ale

Super oscillator indicator is an oscillator designed to calculate trend reversal points. A set of bar calculations and a set of algorithms to calculate trend reversals. Level probing system with high probability trends. All of these features combine to make it easier for investors to find trends. Suggestions and Features There are two levels on the super oscillator indicator. They are at levels of 0.5 and -0.5. The oscillator bar should be below -0.5 to find the upward trend. And a blue color t

This simple indicator helps defining the most probable trend direction, its duration and intensity, as well as estimate the possible range of price fluctuations. You can see at a glance, at which direction the price is moving, how long the trend lasts and how powerful it is. All this makes the indicator an easy-to-use trend trading system both for novice and experienced traders. Parameters Period - averaging period for the indicator calculation. Deviation - indicator deviation. Lag - calculatio

This is an expanded version of the Time Levels indicator provided with sound alerts notifying of level intersection. The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. This version is provided with an option for alerting using an audio signal a

MA on Fractals is a professional trend-following indicator for MetaTrader 4 . It builds a moving average using Bill Williams' fractals. We believe that MA on Fractals is much more efficient than a standard moving average. Its combination with other indicators allows receiving more accurate trading signals. It is most suitable for M15, M30, H1 and H4. Advantages Unique indicator. Generates minimum false signals. Suitable for beginners and experienced traders. Simple and easy indicator configurat

TOP Xios is a ready-made trading system, which provides the trader with signals for opening and closing deals. The information panel in the right corner of the screen shows the total number of signals, the number of points in profit or loss and the percentage of valid and false signals. Working with this indicator is very simple. As soon as a blue arrow appears, open a buy deal and wait for a red cross to appear, which indicates the necessity to close the deal. When a red arrow appears, open a s

Golden Monowave is monowave indicator, the monowave theory is one of Elliott wave approach and one of most complicate and accurate method. Golden Monowave can shortcut many major steps to identify and describe the monowave. It works on any timeframe and with any trading instrument, including currencies, indices, futures, etc. Input Parameters initial_Bars - set the initial number of bars to calculate. wave_color - select the color of the wave. label_color - select the color of labels. temp_labe

Super Trend Bars is a trend finding indicator. It tries to find the trends that are most likely to trend. A set of indicators and a set of algorithms. Trend probability changes color when it finds a high trend. The red color represents the declining trend. The lime color represents the upward trend. Super Trend Bar changes color when it finds a trend. Features This indicator is a trend indicator by itself. It can operate without the need for additional indicators. When you see the first lime co

If you would like to trade reversals and retracements, this indicator is for you. The huge advantage is that the indicator does not have input parameters. So, you will not waste your time and will not struggle to change them for different timeframes and symbols. This indicator is universal. The green triangle represents a possibility to go long. The red triangle represents a possibility to go short. The yellow dash represents a "non-trading" situation. This indicator could be used on M1, M5, M15

The super oscillator trading system is a trend finding tool. This system consists of a few indicators and a few algorithms. The aim of this indicator is to direct the investor to find healthy trends. Trade Rules This indicator has two channel lines. These channels are red lines below zero and above zero. There is a line in two places to process. These are blue lines. There is one trend line, the yellow line. Up trend rules Rule 1 - the yellow trend line should close below the red line below the