Technical Indicators for MetaTrader 4 - 61

This indicator was created to detect possible changes in direction of the market. Inside bars points to a certain level of indecision coming into the market. Neither side, buyers and sellers, have been able to push the price further up or down resulting in indecision. We can use this indicator to monitor for inside bar setups and having the indicator signaling the setup to the trader by alert, notification, it provides the trader with a starting point for his/her trading plan. The validation for

This indicator predicts the nearest candles of the chart based on the search of up to three best coincided patterns (a sequence of candles of a given length) in the history of the current instrument of the current timeframe. The found patterns are aligned with the current pattern at the   opening price   of the current (last) candle . The predicted candles are candles following immediately for patterns found in history. Pattern search is performed once every time a new candle of the current tim

This is a pack which contains both the Engulfing Scanner as well as the Pinbar Scanner . The indicator comes with several sorts of alerts which makes it easy for a trader to wait for a pattern to be formed, have it signaled and then check the chart to see what the bigger story tells you. Pinbar Scanner The Pinbar, or Pinnochio bar, pattern is a a great candlestick pattern which can yield good trading results if traded properly. The idea behind this pattern is that the price tries to trick us in

Bollinger Bands Color is different from the conventional indicator by an additional set of parameters. Such parameters as color and applied price can be selected in the properties window for each line separately. Also, you can select the averaging method for the middle line. Parameters Period – period of averaging for the indicator calculation; Deviations – number of standard deviations from the main line; Shift – shift of the indicator in relation to the price chart; Method Middle Line – middl

This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak.  The basic principle Given eight currencies, USD,EUR,GBP,AUD,NZD,CAD,CHF,JPY, where each pair of two can be combined, resulting in a total of 28 pairs, a reverse algorithm is used to extract the strength of the eight currencies from these 28 pairs EURUSD,GBPUSD,AUDUSD,NZDU

Exclusive Bollinger is a professional indicator based on the popular Bollinger Bands indicator and provided with an advanced algorithm. Unlike the standard Bollinger , my Exclusive Bollinger provides better signals and is equipped with flexible settings allowing traders to adjust this indicator to their trading style. In the indicator, you can set up alerts (alert, email, push), so that you won't miss a single trading signal. Exclusive Bollinger  for the MetaTrader 5 terminal :  https://www.mql5

Pivots Dashboard is the single most complete instruments set for Pivot Points trading currently available in the market. We have done a comprehensive research prior to the product design to make sure that this product meets every need of Pivot Point trading. Pivots Points are significant levels technical analysts can use to determine directional movement and potential support/resistance levels. Pivot Points are thus predictive or leading indicators. While the points were originally used by floor

The Navigator Trend is an interesting indicator very easy to use. Apply this indicator on the chart to navigate very quickly through all the symbols and timeframes listed in inputs. In addition it includes a trend condition that will alert you with a color about the direction and the market trend. Use it in confluent way to get very good operating ideas. You can customize both the graphic colors and the list of symbols to display. A quick and easy tool that it will help to analyse the charts. In

A must-have tool for any strategy based on divergence detection. 10 different oscillators can be used to detect divergences and can be combined with Double Top/Bottom patterns to confirm reversal signals. SCANNER is included . Now with Scanner you can find trading opportunities and setups easily and faster. Features Easily detect strong reversal signals. 10 different oscillators are available for divergence detection. Divergence & Top/Bottom detection can operate independently or combined. Get

The TSO Currency Trend Aggregator is an indicator that compares a selected currency's performance in 7 different pairs. Instantly compare how a currency is performing in 7 different pairs. Easily get confirmation of a currency's strength Combine the indicator for both currencies of a pair to get the total view of how strong/weak each currency is. The trend is classified as positive (green), negative (red) or neutral (grey). Can easily be used in an EA (see below) Currencies EUR USD GBP JPY AUD

This indicator combines double bottom and double top reversal chart patterns together with RSI divergence detection. Features Easily detect strong reversal signals Allows to use double top/bottom and RSI divergence signals combined or independently. Get email and/or push notification alerts when a signal is detected. Custom colors can be used The indicator is not repainting Can easily be used in an EA (see below) Inputs ENABLE Double Top - Bottom: Enable the double top - bottom indicator ENABL

Fibonacci retracement is a method of technical analysis for determining support and resistance levels. The TSO Fibonacci Chains Indicator is different from a simple Fibonacci Retracements indicator in that it provides the targets for each retracement level. In other words, there is an Extension Level (D) for every Retracement Level (C). In addition, if an Extension Level is reached, then a new Fibonacci setup is created automatically. These consecutive Fibonacci setups create a chain that reveal

A visually-simplified version of the RSI. The Relative Strength Index (RSI) is a well known momentum oscillator that measures the speed and change of price movements, developed by J. Welles Wilder. Color-coded bars are used to quickly read the RSI value and history. Features Find overbought and oversold situations at a glance. The indicator is non-repainting. The indicator can be easily used as part of an EA. (see below) Basic Strategy Look for shorts when the indicator is overbought. Look for

This indicator is based on CCIs indicators and is fully automated. Line shows trendline by CCIs. This indicator calculates CCIs of All timeframes and shows current line on each timeframe. You can use it on any timeframe you wish, trendline is calculated for this timeframe. Settings are not needed. Test it on Demo account before Real Account. Trading is risky. You trade at your own risk.

Or CKC. This indicator works depending on the classic ten-day moving average rule described by Chester W. Keltner (1909–1998). All parameters are set to the classic version of the Keltner system by default, while the user can change them if he wants. Important Information    Read CKC Manual:   https://www.mql5.com/en/blogs/post/736577    CKC Expert Advisor Example:   https://www.mql5.com/en/blogs/post/734150 About Keltner Channel Formula 1. Calculate the Center Line as a simple moving average

The Envelopes indicator determines the presence of a trend or flat. It has 3 types of signals, shows the probable retracement levels and levels of the possible targets. The Fibonacci coefficients are used in the indicator's calculations. Signals (generated when touching the lines or rebounding from lines): Trend - the middle line of the Envelopes has a distinct inclination; the lines below the channel's middle line are used for buy trades, the lines above the middle line and the middle line itse

This Is An Oscillatory Indicator Which Has OnlyTwo Lines: Main Line - The calculation for this value is based upon the open, high, low and close prices of chosen input parameters (within the set periods.) Signal Line - The Calculation for the signal line is based on the addition (& multiplication) of several moving averages of the Father, Son & Holy Spirit Periods (all applied to the main line's value). Input Parameters Please Note that by way of combination, each input parameter plays several

This is a trend following indicator that identifies optimal entry points in the d irection of a trend with an objective stop loss to manage the trade. The indicator allows you to catch trend early and ride it. The Indicator draws resistance line as it detects an Uptrend and draws support line when it detects a D owntrend on the chart. When those levels are broken that allows you to identify the Trend Direction and Momentum in the direction of prevailing trend which offers optimal entry points in

This PowerSignal is a complete trading system based on ATR of technical indicators. These indicators will record the current status of each POWERTREND in every time frame and currency pair analyzed. The PowerSignal creates a trend strength and entry point signal list display by evaluating these data. If there is a full coincidence on any pair an alert will pop up indicating such case. List data includes Symbol, M5-MN1, BuyPercent, SellPercent, LastEntry. The LastEntry shows entry points (periods

This indicator displays the trend movements. Parameters Trend: Displays the trend movements, true/false. X: moves the trend left and right. Y: moves the trend up and down. How to understand the status: (M1), square indicates the timeframe for 1 minute. If the square is green, trend is up. If the square is red, trend is down. (M5), square indicates the timeframe for 5 minute. If the square is green, trend is up. If the square is red, trend is down. (M15), square indicates the timeframe for 15 mi

The YFX Symbol Selector indicator is used to easily change the chart symbol and period with a click of a button. This is done by using a selector GUI object that can be placed on any corner of the chart. The GUI selector contains the following information: Descriptive header for GUI selector panel Symbol information and controls for changing the chart symbol Period information and controls for changing the chart period Footer containing the current bid/ask quote for the currently selected symbol

The EuroSession indicator combines filtering by a modified MACD and a trend based indicator. It is an indicator that tries to capture the early market move of the European session. This would mean that pending orders have to be placed way ahead of this move. BUY Pending orders (Buystop) should be placed if: Trend-Bias shows 'UP' MACD Bias shows 'Relatively UP' SELL Pending orders (Sellstop) should be placed if: Trend-Bias shows 'DOWN' MACD Bias shows 'Relatively DOWN' The currency pairs are: EUR

The ExchangeZone indicator displays the working time of the worldwide currency exchanges on the price chart. It shows the stock exchanges operating at the moment. The purpose of the indicator is to help trader prepare for the upcoming trade. This indicator can be used for analyzing the volatility on a historical chart at the time of the work of different exchanges. Such an analysis allows predicting the upcoming market dynamics and make appropriate decisions on buying or selling. Indicator also

The ' OHLC Moving MTF Average ' indicator comes from the age old 'Moving Average ' strategy with signals available. There are many settings available to customize exactly how you would like to invent your own moving average algo. An advanced customizable stock moving average replacement and also comes with a tradable colorful signal strategy. Default  settings; using custom  OHLC moving average calculations; generates non-repainting trends & scalping signals. Key Features Four prices with a di

Pivot points are prominent lines which are based on the course itself to determine possible support and resistance. Unfortunately there is more than one method to calculate them. Considering the different pivot points, (e.g. Fibonacci pivots) you can see some commonalities at some prices. In this case you can see possible support and resistance zones better. This indicator allows you to see these zones. It shows you the pivot points with classic and Fibonacci calculation to determine these zones

ZigZag Trend Channels indicator is designed to find channel trends. This indicator uses the zigzag indicator, some channel lines and some algorithms. This indicator also sends signal warnings for processing entry points. Up trend, down trend and triangle trend formations. Easy to use and understandable. Channel lines appear on the screen and trend forms are written. Suggestions and Features This indicator has 3 trend features. They are up trend, down trend and triangle trend formations. This in

Alpha Trend is a trend indicator for the MetaTrader 4 platform; it has been developed by a group of professional traders. The Alpha Trend indicator finds the most probable tendency reversal points, which allows making trades at the very beginning of a trend. This indicator features notifications, which are generated whenever a new signal appears (alert, email, push-notification). This allows you to open a position in a timely manner. Alpha Trend does not redraw, which makes it possible to evalua

Zip Arrow is an original indicator with flexible customization capabilities. Every user will be able to customize it according to trading style and currency pair. The indicator does not change its values, it has a filter which allows showing the signal only in the direction of the main trend. Indicator Parameters TPeriod - trend filter setting. When the value increases, the signals will be displayed only in the direction of the main trend. It is recommended to set value above 100 for explicit f

Determining the current trend is one of the most important tasks of a trading regardless of the trading style. The Atom Trend indicator can help in doing that with a fairly high probability. Atom Trend is a trend recognition indicator, which uses an original calculation algorithm. You can use it on any currency pair and every time frame. It does not change its values. The tick volume can also be used in the calculations as an additional filter. Indicator Parameters Main Settings : VolMode - if

Determining the current trend is one of the most important tasks of a trading regardless of the trading style. The Quantum Trend Volume indicator can help in doing that with a fairly high probability. Quantum Trend Volume is a trend recognition indicator, which uses an original calculation algorithm. It does not change its readings under any circumstances. The tick volumes are used as an additional filter. You can use it on any currency pair and every time frame. It can also be used as an activi

Break Moment is a unique proprietary indicator with extensive capabilities and a variety of settings. It can be used as a signal generator or as an auxiliary tool. For the calculations, the price channel is determined. When it is broken, if all conditions of the additional filter are met, it displays a signal in the form of a histogram. Break Moment can be used to determine the main trend, as it has 2 filters for determining it in addition to everything else. If these filters are activated, the

The indicator does not repaint support and resistance levels. It shows daily, weekly and monthly percentage change of previous close with respect to actual price. It works well for Forex, indices and futures. Settings Time Frame - select D1, W1 or MN. History - number of history for displaying the levels of a chosen period. Levels - number of current levels for displaying a chosen period. Levels value % - percentage difference between one level and another. Open color - open color from the chos

Stochastic Trend Bars indicator is the modified version of the standard stochastic indicator. This indicator is different from the standard stochastic indicator and turned into a trend bars indicator. Added visibility to understand trends. Easy to use and simple. The user will easily detect trends. You can use this indicator as a trend indicator on its own. Or as a trend filter along with other strategically relevant indicators. Easy to use and simple to understand trends. Suggestions and Featu

Dynamic Levels is a channel indicator of dynamic levels, designed for identification of the price extremums. It allows increasing the efficiency of any strategy due to advanced parameters, which in turn allow customizing it for personal trading style. Dynamic Levels does not change its values, it is suitable for any timeframe and currency pair. Indicator Parameters ChannelPeriod - period for the indicator calculation. ChannelSmoot - smoothing of values. ATRPeriod - volatility calculation period

Determining the current trend is one of the most important tasks for a trader regardless of their trading style. Trend Scan is able to define a trend with a fairly high accuracy. The indicator applies the proprietary method in its calculations. Trend Scan is suitable for any currency pair and timeframe. It does not change its readings. The indicator takes into account the volume and volatility readings, combines them and displays the result as a histogram. The color of the histogram can be confi

Determining the current trend is one of the most important tasks for a trader regardless of their trading style. Price Direction is able to define a trend with a fairly high accuracy. The indicator applies the proprietary method in its calculations. Price Direction is suitable for any currency pair and timeframe. It does not change its readings. The indicator is based on volatility and the unique method. The histogram color depends on the current trend strength - the darker the histogram, the st

Forex Gump is a fully finished semi-automatic trading system. In the form of arrows, signals are displayed on the screen for opening and closing deals. All you need is to follow the instructions of the indicator. When the indicator shows a blue arrow, you need to open a buy order. When the indicator shows a red arrow, you need to open a sell order. Close orders when the indicator draws a yellow cross. In order to get the most effective result, we recommend using the timeframes H1, H4, D1. There

MACD (Moving Average Convergence/Divergence) is a classical trading indicator used in technical analysis from late 1970s. It is supposed to reveal changes in the strength, direction, momentum, and duration of a trend currencies price (also stocks, commodities etc). The New MACD indicator is an advanced model of the standard MACD indicator. You may use the New MACD absolutely the same way as classical. The main difference is that New MACD is working faster (in case of similar input parameters).

This indicator determines the average bas size (body, wicks) for the specified range. Input parameters Mode - select the mode of the indicator: HighLow - the indicator calculates the average bar size from High to Low and displays the data in the form of a histogram at the bottom of the terminal OpenClose - the indicator calculates the average bar size from Open to Close and displays the data in the form of a histogram at the bottom of the terminal HLOC - the indicator displays data on the two p

The indicator is a good tool for scalping. The entry points are defined using auxiliary indicators, such as Stochastic and Simple Moving Average. The indicator is represented by arrows showing the likely market direction. The signal appears right after the current candle close. Recommended parameters: Currency pair - any; Timeframe - no less than М5. Parameters Size of the indicator labe - graphical label size; The position of the indicator label (in points) - label position relative to the cur

The indicator identifies trends and micro-trends, perfectly suited for those who prefer scalping. It has been developed for working on the M1 timeframe, however it also shows clear trends on the higher timeframes for long-term positions. The indicator does not redraw. The history data of the charts and prices are used for indication. This is the basis for the indicator. If the price is in the blue channel, the trend is bullish. If the price is in the red channel, the trend is bearish. It allows

The indicator calculates the price of the trading instrument based on the RSI percentage level. The calculation is performed by Close prices, so that we can quickly find out the price, at which RSI shows the specified percentage level. This allows you to preliminarily place stop levels (Stop Loss and Take Profit) and pending orders according to significant RSI points with greater accuracy. The indicator clearly shows that RSI levels constantly change, and the difference between them is not fixed

Vise is a trend indicator. The upper and lower lines follow the price showing the prevailing price direction. Frequent breakthroughs of the upper line indicate a bullish trend, while frequent breakthroughs of the lower line indicate a bearish one. Parameters Points for UpLine - initial number of points for the upper line; Points for DownLine - initial number of points for the lower line. During the breakthrough of the upper level (line), this level shifts upwards by Points for UpLine. If the up

Multicurrency and multi timeframe modification of the Relative Strength Index (RSI) indicator   — RSI Dashboard . You can specify any desired currencies and timeframes in the parameters. Also, the panel can send notifications when crossing overbought and oversold levels. By clicking on a cell with a period, this symbol and period will be opened. This is MTF Scanner. The key to hide the dashboard from the chart is "D" by default. Similar to the Currency Strength Meter (CSM) , the Dashboard can au

Price Peak is designed to search for extremes, places where the price is likely to reverse and the current trend is likely to change to the opposite. The indicator is suitable for any currency pairs. However, for the indicator values to be displayed adequately, it is necessary to have sufficient history data for the timeframe the indicator is attached to. It is recommended to attach Price Peak on the timeframes from M1 to D1. Its calculations use 7 methods, which are selected by a certain parame

Ozi Arrow is a unique indicator that can display signals in the direction of the main trend and counter trend signals. For calculations, the indicator determines a price channel. If recently the price was at its borders, and all conditions of additional filters are observed, a signal is displayed in the form of arrows. Ozi Arrow is suitable for any timeframe and any pair. The indicator signals do not disappear under any conditions. A distinctive feature is the presence of a trend filter. If the

Unlock market continuations with the accurate pennants indicator The PZ Pennants Indicator is a technical analysis tool that helps traders identify potential continuation patterns in the market. These patterns, known as pennants, are formed when the price of an asset consolidates within a narrowing range, bounded by converging trendlines. Pennants are considered to be continuation patterns because they often precede a breakout in the direction of the preceding trend. When a pennant pattern is id

So incredibly useful, once you use it you will wonder why it's not built into MT4! The most advanced candle countdown and custom timer alert indicator for MetaTrader 4. Successful trading strategies all have one thing in common: they all rely on a candle closing before deciding what action to take. Action, reaction. Unfortunately, in MetaTrader 4, unless you have your eyes glued to the screen 24/5, it is so easy to miss amazing trading opportunities simply because you weren't looking as the cand

Algo Mtf is a multi timeframe indicator that can inform you about the situation of the indicators placed on other timeframes. This indicator has the possibility to offer a series of algorithmic calculations such as: RSI, Vortex, MACD, Momentum, Stocastic and ATR. The zones are colored in base of levels of this indicators on the chosen timeframe. The confluence observation offers excellent operational tips and allows you to identify the trend tendency. The indicator is very efficient and an indis

This indicator is based of the well-known Bollinger Bands indicator and provides for an easier operation with BB. It allows drawing up to 3 Bollinger channels and thus simplifies navigation in the list of indicators. Also it allows plotting Bollinger Bands of different timeframes, for example: draw BB on M5 timeframe with parameters: Period = 100, Timeframe = H1. Inputs Value Mode - choosing different modes of working with the indicator StaticTimeFrame - the indicator draws Bollinger Bands from

Triton Arrow - уникальный авторский индикатор, имеющий возможность отображать 3 типа сигналов. Которые появляются в направлении текущей тенденции, и против нее, а также при определенном превышении волатильности. Triton Arrow  подходит для любого таймфрейма, валютной пары. Сигналы индикатора не пропадают ни при каких условиях. Рекомендуются таймфреймы  M5, М15. Параметры индикатора Основные настройки ( Main Settings ): CounterTrendPeriod  - период для расчета сигналов против тенденции, и расчета

Scalper X indicator is very simple but powerful indicator. This is a very useful indicator, combined with a panel for fast trading will give you many satisfaction. This indicator can be used in any currency pairs and on any time frame, It fits at every speed of trading. Moreover, it's relatively easy to trade with Scalper X Indicator. This indicator produces two signals: BUY Signal: arrow aqua SELL Signal: arrow red Indicator parameters Signal Gap - the gap value that produces the signal Colors

DStochastic is an improved version of the classic Stochastic oscillator with an added moving average. The indicator dampens the market noise, determines the direction of the market and reduces the number of false signals. We have also added a function of multicolor signal line display of increase and decrease by means of dots. The blue dots indicate the development of an ascending trend, the red dots - descending. Similar to all standard oscillators, DStochastic can be combined with all trend in

Индикатор работает по двум направлениям: прибыли и просадки , а также в двух измерениях: % и $ . Если выставляется значение  $ , то  %  автоматически подгоняется под  $ . При изменении депозита индикатор сам уровни корректирует по отношению того, на что был настроен, а другой параметр корректируется к первому. Корректировка появляется при изменении депозита. Округление числа с плавающей точкой у линий (для красивой читаемости) в значении доллара - 2, в проценте - 1. Уровни автоматически выставля

Best and worst Dashboard was born from the idea to have a panel that includes all the symbols in a chart. It is very importance to understand which symbols are both positive and negative. In the past, we realized the single indicator Best and Worst ( https://www.mql5.com/en/market/product/11784 ), now thanks to the upgrading of the Metatrader the dashboard displays all the instruments simultaneously. A great revolution. This Dashboard is able to calculate performance at any time frame and clicki

This indicator is the logical continuation of the well-known equidistant channel indicator: https://www.mql5.com/en/market/product/8723 . The main purpose of the indicator is the visualization of price levels relative to the parallel channel using Fibo Bobokus levels in a separate window and the price history. This often allows forecasting the future price movement with a sufficiently high degree of probability. The Fibo levels calculation equation is as follows: FiboLevel = (50-(100*((Close[i]-

The Stochastic Oscillator is a momentum indicator that uses support and resistance levels. The term "stochastic" refers to the point of a current price in relation to its price range over a period of time. You can use a New Stochastic in the same way as classical one: Overbought and Oversold areas to make a Buy or Sell orders. This new indicator shows all variety of Fibonacci Levels (from 23.6 to 76.4) which can be used as Overbought and Oversold levels as well as points to close an open positio

Leo Trend is a signal indicator that shows the market entry points, as well as the trend direction and flat on the chart in the form of arrows and lines. Leo Trend will be useful both for beginners creating a trading strategy, and for professionals to integrate into ready-made trading systems. Leo Trend works without redrawing and without significant delays. The operation of the indicator is demonstrated in the video. In addition, you can test this indicator in the strategy tester free of charge

Volume Analysis Trader looks at volume using a fixed average of volume. This averaging helps spot when volume is rising or declining. Also I have added volume spikes which are when volume suddenly is above the average. These help spot market reversals. This will hep a trader look for the following in their trading: Rising volume during a rally shows trend is strong. Falling volume on a rally shows trend is weakening. As a rule of thumb on daily charts if current volume is higher than yesterday's

MetaTrader 5 version available here : https://www.mql5.com/en/market/product/24882 FFx Basket Scanner is a global tool scanning all pairs and all timeframes over up to five indicators among the 16 available. You will clearly see which currencies to avoid trading and which ones to focus on. Once a currency goes into an extreme zone (e.g. 20/80%), you can trade the whole basket with great confidence. Another way to use it is to look at two currencies (weak vs strong) to find the best single pairs

CME Daily Bullettin Open Interest provides the data on the open interest of futures contracts on the CME for your charts. Open interest is a special type of volume, that shows how many contracts are being held by the market participants at each moment of time. This type of information is available only in futures markets. But now, with this indicator, you can also analyze these data when trading the spot markets, such as FOREX. In addition, the indicator provides data on the open interest for th

Plotter is an indicator that was created during the ICT mentorship to make charting quick, easy and fun for everybody. Assign a function to any hotkey in indicator settings or use the default keys to perform smart actions that usually takes a lot of time to perform. Click on any bar, press OHLCMBVPOKJH to plot objects, color them with keys 0-9 or modify them with keys ERAZ and much much more. Indicator settings are described below. CHART SETTINGS gmt_offset auto -23 - 23 daylightsavings= set dst

Trend reversal indicator. This indicator is based on expected value, as well as the Bollinger Bands and Ichimoku Kinko Hyo technical indicators. A trend reversal is determined by a complex mathematical formula, and its confirmation is based on the values of BB and the Ichimoku cloud. Signals are generated at the peak of a trend reversal, i.e. Trend Arrow Finder identifies the beginning of a new trend and the end of the previous trend. When a new candle opens, a signal for opening positions (buy

The Roll indicator is designed for finding local extremes and determining the current trend. The indicator is based on the volume and volatility values. Indicator calculation can be modified by activating the Modification parameter and choosing one of the available calculation options from CalcMode . To be able to determine current trend using this indicator, you should increase the value of the OsPeriod parameter and decrease the values of DynamicLevelPeriod and ShiftDynamicLevel . The indicato

Double Wave applies standard indicators, volatility, volume and a number of custom approaches allowing for efficient combination of all mentioned tools. The indicator allows you to define possible price reversal points both in the direction of a trend (preferable) and against it. Also the indicator assists in determining the trend and visualizes it by displaying a histogram. The indicator works with any symbol provided that you have sufficient history data for a timeframe the indicator is launch

Instructions Attach the indicator to any chart (advised H4) Use input tabs (defaults are 5 and false ) Press ok and continue trading. Description The indicator uses a kind of pattern breakout strategy to help your trading strategy. I am using this strategy on H4 charts for many of pairs with a trailing stop and default indicator settings. Better results are shown on USDJPY, EURJPY, CADJPY, EURGBP, EURUSD, USDCAD, USDCHF, NZDUSD and GBPUSD. Trailing stops should be different for each pair. The b

This is a Multiple Time Frames and Multiple Currency Pairs Indicator ( Score Board ) that shows Support and Resistance Levels from all TFs for 15 currency pairs by your choice. Support terminology refers to prices on a chart that tend to act as a floor by preventing the price of an asset from being pushed downward and can be a good buying opportunity because this is generally the area where market participants see good value and start to push prices higher again. Resistance terminology refers to

This indicator implements the process of simple linear smoothing. One of the disadvantages of exponential smoothing is the rapid attenuation of the signal. This does not allow for a full-fledged monitoring of long-term tendency of a price series. Linear smoothing allows fine-tuning the signal filtering. The indicator is configured by selecting the parameters: LP - period of smoothing. The higher the value, the more long-term tendencies are displayed by the indicator. Valid values are from 0 to 2

The indicator draws channels. The estimated movement of the price within the channel is shown with a dotted line. The lines of the channel are the support and resistance lines. This allows using them in both rebound and breakout trading. The inclination of the channel allows determining the direction of the current trend, the channel width and angle allow estimating the current volatility. The channels are based on fractal bars, determined using the author's original method, 4 dimensions from th

High Volatility is an utility indicator that has the task of locating volatile candles. The recognition and counting function of bullish and bearish candles make it an excellent ally to understand the market volatility. This point often defines possible reversals and moments of continuity. A rectangle is drawn on the chart to identify the candle with greater volatility in long and in short. This indicator is very effective for short, medium, and long-term trading. An alert will notify you when a