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A colored multicurrency/multisymbol indicator Aroon consisting of two lines: Aroon Up and Aroon Down. The main function of the indicator is to predict the trend change. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not e
Description A multi-purpose multi-colored/multi-symbol indicator, which is a set of standard tools from the MetaTrader 4 terminal. The difference is that below the basic price chart it allows to calculate and build in a separate window any of the twenty indicators in a colored form, painting bulls and bears in different colors, for any financial instrument in accordance with the list below: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Force - For
This EA is famous (or infamous) grid strategy used by social traders. Its goal is to harvest most out of trending market (on automatic mode) taking advantage of corrections in trends. It can be also used by experienced traders on manual trading. This kind of system is being used by most successful social traders having 500+ paid subscribers. Combine your trading experience with this automatic strategy! It contains grid for GBPJPY that is easily scalable on other currencies. You can als
AlwaysWin Expert is a fully automated robot which opens/closes orders on the market on your behalf, it has a very simple setup, on which you keep full сontrol. What Is Forex? What’s an Expert? Forex stands for Foreign Exchange. You can exchange money (dollars, euros, yens, pounds…) and make profit from the variations between them. To trade Forex, you simply need a Forex account, that you can open from many available Forex Brokers. I have accounts from many brokers (ActivTrades, FXCM, Alpari,
Currency strength meters include M5, M15, M30, H1, H4, D1, W1, MN1 periods. Helping you to find strength and weakness pair quickly and clearly. Supporting user customizing currency set. Attention: At first run of the indicator, your terminal will probably download required historical data from the server, it is normal process. Both MetaTrader 5 and MetaTrader 4 versions are available. US$15 each.
You can start automated trading with only 10 USD as this EA opens lot as % of account capital. My EA is taking care of the opening and closing trades by following the proper money management. Tested on largest time frame on the period of 14 years. During test from 2000 - 2013 with 10 % risk per trade it earned 6 382 000. It has good Risk reward ratio. It does not use martingale. No lotsize increase on loss. This strategy is prepared for EURUSD pair (on 1 hour chart frame) taking
Indicator DigitalFilterA for MetaTrader 4. The algorithm of this indicator is based on a high-performance digital filter. The unique digital filtering algorithm allows receiving timely trading signals and estimating the current situation objectively while conducting technical analysis. The indicator is effective on small and big timeframes. Unlikecommon classic indicators, digital filtering method can significantly reduce the phase lag, which in turn allows obtaining a clear signal earlier than
Trade By Lines Expert Advisor automatically opens orders from trend lines. It works only with the lines of the selected color. Color of lines is set in the settings. As soon as the price crosses one of the lines having a specified color, Buy or Sell market order is opened immediately depending on the operation mode. Operation Modes There are several modes of operation. The direction of deals is set in TradeDirection parameter. for breakthrough TradeDirection = 0 In this mode, Sell ord
Robo T Expert Advisor is a non-indicator trading system. Expert Advisor settings: Level_ord - distance from the current price for placing initial pending Buy Stop and Sell Stop orders, the default value is 22. Lot_1 - initial lot for buy series, the default value is 0.1. Lot_2 - initial lot for sell series, the default value is 0.1. TakeProfit - profit level, the default value is 30. TSProfitOnly - only profit is trailed. If disabled, trailing is also performed in the negative stop-loss
Review order detail information properly. Support replay from local account, or from MQL5 Signal CSV format. Evaluate quality of signal service or your trade strategy. Operation Steps: If replay from local account, leave ImportCVS blank. If replay from MQL5 signal CSV, download history CVS file of MQL5 signal from MQL5.com, then put it into terminal_data_folder\experts\files. Check CVS file, mapping symbol by AppendSuffix and RemoveSuffix parameters. For example, EURUSDpro to EURUSDm, et
The idea behind this EA came from the "Artificial Intelligence" Expert Advisor that was quite popular many years ago. So, you have input parameters X2-X7 for Optimization. Of course, each Symbol and Time Frame will have different parameters. The EA will trade only between "BegHour" and "EndHour". This EA was optimized on EURUSD H1 with Spread = 10.
Overview The script displays information about the trade account and the current financial instrument. Information about the trade account: Account - account number and type (Real or Demo); Name - name of the account owner; Company - name of a company that provide the access to trading; Server - trade server name; Connection State - connection state; Trade Allowed - shows whether trading is allowed on the account at the moment; Balance - account balance; Equity - account equity; Cre
Overview The Expert Advisor sends notifications to a mobile phone, via e-mail or activates an audio alarm in case any changes are detected on the trading account: opening/closing positions, changing order parameters, balance or leverage. Also, the Expert Advisor can inform that Equity on the trading account has dropped below a specified value or Free Margin is small compared to Margin. The Expert does not trade, it only monitors your account. Launching the Expert Advisor For the Expert Adviso
This Expert Advisor is based on the 2 classical indicators: two Moving Average (big and small) and one ADX. All the Indicators together define the moment when a position should be opened. The position will be closed by value of the input parameter dProfit. If the input parameter UseMM = true, the EA will use Money Management system to calculate the LotSize as percentage from the AccountFreeMargin. All input parameters are self explanatory and available for the optimization.
The Expert Advisor works within a channel catching roll backs from its borders. It is possible to turn on averaging. The Expert Advisor is optimized for AUDNZD and H1, but there are a lot of options of using it. Parameters KanalBars - number of bars for calculating the channel. punkt_for_open - deals are opened this many points earlier. OpenH - start working hour. CloseH - end working hour. OpenM - start working minutes. CloseM - end working minutes. TP - Take Profit. SL - Stop Loss
Are you a trend follower? The Pz Whale EA helps you to navigate the markets just like hedge funds do. Since 1970's and earlier, simple trend following systems have demonstrated an ability to generate great returns. This expert advisor is an amazing semi-automated tool for trend following. Trend following systems can vary, but principle elements remain the same. A reversal system, a very common system, has to modes: You are either long or short. It is always in the market. It closes one position
The PZ Goldfinch Expert Advisor is a pure mathematical scalper that trades tick data aggressively. It implements a simple and universal trading strategy which can be applied to any instrument. However, it is recommended to trade only low-spread and liquid forex pairs. It trades EURUSD, GBPUSD or USDJPY and most forex pairs! It has four input parameters (Signal, SL, TS and TP). The EA works better with tight trading parameters. It makes around 85% winning trades. The average profit factor
Are you a swing trader? The PZ Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversals. The indicator studies several price and time vectors to track the aggregate trend direction and finds situations in which the market is oversold or overbought and ready to correct. Profit for market swings without getting whipsawedThe indicator displays the trend direction at all timesA colored price band represents the o
The zero line is characterized the Flat trend. V-shaped impulse indicates the entrance to the opposite direction. U-shaped impulse = entry orders in the same direction. If AlertsEnabled = true, the indicator will show the Alert (message window) with a text like this: "Price going Down on ", Symbol(), " - ", Period(), " min", " price = ", Bid; If eMailEnabled = true the indicator will send you an eMail with the same text an Alert message with subject: "Trinity-Impolse" (of course you have to
When you put this Multi TimeFrame Parabolic SAR indicator on the chart it will automatically use Parabolic SAR from next available 3 timeframes. Green arrow will show the beginning of Up trend and Red arrow will show the beginning of Down trend. If AlertsEnabled = true, the indicator will show the Alert (message window) with a text like this: "Price going Down on ", Symbol(), " - ", Period(), " min", " price = ", Bid; If eMailEnabled = true the Indicator will send you an eMail with the same
Multi TimeFrame indicator MTF ADX with Histogram shows ADX indicator data from the TF by your choice. You may choose a TimeFrame equal or greater than current TF. Yellow line is representing a price trend from the upper TF.Green line is representing +DI from the upper TF.Red line is representing -DI from the upper TF.Green histogram is displaying an Up-trend.Red histogram is displaying a Down-trend.
The indicator displays the usual Moving Average with input parameters: maPeriod_1; maMethod_1; maAppPrice_1. Then it calculates and displays MA on MA1 with input parameters: maPeriod_2; maMethod_2. Then it calculates and displays MA on MA2 with input parameters: maPeriod_3; maMethod_3. If AlertsEnabled = true the Indicator will show the Alert (message window) with a text like this: "Price going Down on ", Symbol(), " - ", Period(), " min", " price = ", Bid; If eMailEnabled = true the Indica
This is a Multi-Time indicator which allows to display RSI and Stochastic indicators from upper timeframes on a single chart. As an example: a single chart EURUSD M5 and RSI (blue line) and Stochastic (yellow line) from H1. Red Histogram is representing Lower trend and Green Histogram is representing Upper trend.
This Multi TimeFrame indicator is based on the "Fractals" classical indicator. You can put any existing TimeFrame equal or greater then the Period of the current TF. The last Fractals will shown as color lines of Support and Resistance for the Price moving.
The BBImpulse indicator is based on the standard Moving Average indicator. You have MA input parameters: maPeriod - Moving Average period; maMODE - Moving Average mode (0 = MODE_SMA; 1 = MODE_EMA; 2 = MODE_SMMA; 3 = MODE_LWMA);maPRICE - Applied price (0=PRICE_CLOSE; 1=PRICE_OPEN; 2=PRICE_HIGH; 3=PRICE_LOW; 4=PRICE_MEDIAN; 5=PRICE_TYPICAL; 6=PRICE_WEIGHTED).Green Histogram is representing an UP-trend, Red Histogram is representing a Down-trend.
This Indicator creates 2 white lines based on Exponential Moving Average of High and Low prices. You can regulate how many bars will be involved in the calculation with input parameter HL_Period. Red and Blue arrows are displaying the moment to go Short and Long trades accordingly.
The most common way to interpreting the price Moving Average is to compare its dynamics to the price action. When the instrument price rises above its Moving Average, a buy signal appears, if the price falls below its moving average, what we have is a sell signal. To avoid a spontaneous entries one may use this update from Moving Average Indicator = Stepper-MA.
Envelopes technical Indicator is formed with two Moving Averages one of which is shifted upward and another one is shifted downward. Envelopes define the upper and the lower margins of the price range. Signal to sell appears when the price reaches the upper margin of the band; signal to buy appears when the price reaches the lower margin. To avoid a spontaneous entries one may use this update from Envelopes Indicator = Envelopes-Stepper.
The interpretation of the Bollinger Bands is based on the fact that the prices tend to remain in between the top and the bottom line of the bands. Abrupt changes in prices tend to happen after the band has contracted due to decrease of volatility; If prices break through the upper band, a continuation of the current trend is to be expected; If the pikes and hollows outside the band are followed by pikes and hollows inside the band, a reverse of trend may occur; The price movement that has st
Fibonacci sequence is defined by integer sequence: 0, 1, 1, 2, 3, 5, 8, 13, 34, 55, 89, 144, ... By definition, it starts from 0 and 1, the next number is calculated as a sum of two previous numbers. Instead of the standard moving average, the indicator uses the caluclation of average price in form: Bar0 + Bar1 + Bar2 + Bar3 + Bar5 + Bar8 + Bar13 +... Input parameters: FiboNumPeriod (15) - Fibonacci period;nAppliedPrice (0) - applied price (PRICE_CLOSE=0; PRICE_OPEN=1; PRICE_HIGH=2; PRICE
This indicator (as almost all others) is based on classical Moving Averages. It shows the Average Bar under the current bar colored in aqua or over the current bar colored in orange. Input Parameters: ma_Period and ma_Method.
This indicator points to the moments to buy (blue arrow) and to sell (orange arrow). Two input parameters: barsNumber and step for optimization (depending on symbol and TF).
This indicator shows: A green light in case the price goes up; A red light in case the price goes down; A yellow light in case there are a side trend.
This indicator is created for M1 timeframe. It shows how many ticks has occurred during current minute and the sum of points Up (aqua color) and Down (orange color).
This indicator will show a positive number above the current High or negative number under the current Low as a probability of the trend. Higher timeframes usually show a higher probability, even more then 100%.
This indicator present a main Moving Average line with input parameters maPeriod_1, maMethod_1 and maAppPrice_1. The second line will be a calculation of the Moving Average data of a first line with input parameters maPeriod_2, maMethod_2. The third line will be a calculation of the Moving Average data of a second line with input parameters maPeriod_3, maMethod_3. To avoid a spontaneous entries one may use this indicator-stepper.
Two yellow lines. This is similar to classical Envelopes but with automatic deviation. Aqua line. This is a classical Commodity Channel Index added to the Envelopes on the chart, not in a separate window.
How important is the trend discovery in stock and Forex market! Are you still confusing how to find the inflection point of trend? Are you still worrying about how to draw long-term and short-term trend lines? Fortunately, since now, you don't need to sit in front of your computer and wait next inflection point to appear whole day and whole night. Relax yourself, open your interested symbol, apply this smart tool, then you can see inflection point in different strength, as well as long-term a
Description Expert Advisor Happy MartiGrid uses Martingale/Grid strategy with technical indicators, works best on GBPUSD H1 chart. This strategy requires the most attention. Therefore, we used 99.90% optimization in MetaTrader for the best stability and profits. Happy MartiGrid EA uses very sophisticated dynamic step and profit. Parameters FirstLot - size of the first open lot (default setting - 0.01). Multi - used to calculate lot size for the next position (default setting - 1.5).
Hero is a P/L Manager. This is not an Automatic Trading system. It's an EA that helps managing positions opened by another EA or manually. This EA includes the following functions (each of them can be enabled or disabled): Profit management by Money or Percentage (calculated using Margin) with Trailing stop option The EA will monitor positions selected using Magic number (Magic) to reach a profit. Once it is reached, it'll close the position. If you enter a value for Profit_Perc ( % ), the s
An intraday trading system portfolio consisting of three independent Expert Advisors. The Expert Advisors are combined so that the profit rate, the size and duration of drawdown are better on the whole, than they are of each Expert Advisor separately. The systems allows smoothing the balance line and protects from over optimization. At the same time, the system allows trading via only one EA or any combination of the EAs. System Features: Only pending orders are used for trading. At the en
Description A universal colored multicurrency/multi-symbol indicator of moving averages: Moving Average, Double Moving Average, Triple Moving Average. The indicator is drawn in a separate window, so below the main trading chart a user can see the development of another financial instrument. It is very useful when considering the combined values of various moving averages for different financial instruments below the main trading chart. The indicator may be used with any broker, irrespective
Description A colored multicurrency/multi-symbol pack of four indicators (CCI, Momentum, RSI and StdDev) based on the double or triple MA. Compared with the standard indicators, these versions are more sensitive, which allows them to generate signals in advance. The pack of four indicators may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a f
Description A colored universal multicurrency/multi-symbol indicator MACD Histo Smart (MACD histogram) based on double or triple moving average. Comparing to the standard MACD Histo this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument
Description A colored universal multicurrency/multi-symbol indicator MACD Classic Smart that consists of two indicators: MACD Line Smart and MACD Histo Smart. Both indicators are based on double or triple moving average. Comparing to the standard MACD Classic this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input param
Description A colored multicurrency/multy-symbol oscillator Stochastic Smart based on the double or triple MA. Compared with the standard Stochastic, this oscillator is more sensitive, which allows it to generate signals in advance. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an err
The indicator of DeMark fractals. The indicator can be drawn on the basis of price data and on the basis of a moving average. There is a possibility to color the up and down fractals. The indicator can be used for manual and for automated trading within an Expert Advisor. For automated trading, use any indicator buffer of the double type: 0 - up fractals, 1 - down fractals! Values of the buffers must not be equal to zero. A moving average is drawn on the basis of input parameters: MA_Per
Description A universal colored multicurrency/multi-symbol indicator RAVI. Was proposed by T. Chand as a trend indicator. RAVI means Range Action Verification Index. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist
Description The indicator determines the appearance of the bars that signal of a reversal of current local moods and plays a beep. It also paints these bars in accordance with the bullish and/or bearish priority. You can select the color for bullish and bearish moods. Inputs Sound_Play - a flag that allows the sound notification. Use Detection of the reversal bar can be a signal to perform appropriate trading activities. The indicator can be used for manual or automated trading in an E
Description Pivot Pro is a universal color indicator of the Pivot Points levels systems. You can select one of its three versions: Standard Old, Standard New and Fibo. The system will automatically calculate the Pivot Point on the basis of market data for the previous day (PERIOD_D1) and the system of support and resistance levels, three in each. It can also display price tags for each level. You can color the indicator lines. Only a method of calculation of the third level of support (S3) a
Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average. Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter
We present our trend indicator Forecast. The indicator is designed for identifying entry and exit points, and can be used alone or in combination with other technical analysis tools. Four parameters are required for the indicator: BarSearch - determines the number of candlesticks in history for analysis Forecast - sets the range of forecasting in candlesticks Depth - sets the depth of analysis Lag - defines the delay in candlesticks before recalculating the indicatorHere are the details o
Smart ZigZag indicator is a ZigZag, for which the market is actually not accidental. This is not mere words, as this can be confirmed by displayed charts comparing Smart ZigZag and HZZ parameters. But before I describe the screenshots, let's examine a few details concerning Smart ZigZag. This indicator analyzes the chart and identifies certain activity horizons assigning numbers to them. This can be called ranking. For example, M1 EURUSD chart from 4.01.1999 to 3.12.2013 has the average segment
The Market and Trade Info utility allows you to control all the necessary market and trading parameters. It Shows the Following Information: Allowed lot (minimum, maximum). Free margin, the margin for opening one lot. Value of one point in the deposit currency. Leverage used for open positions. Leverage required for opening pending orders. Fixing the spread (minimum, the current value, maximum). Profit of Takeprofit and result of Stoploss for open orders (in the deposit currency, as a
A multicurrency Expert Advisor trading a balanced portfolio consisting of nine currency pairs. Trading Strategy The strategy is based on a trend following principle. It joins the medium-term trend during completion of the rollback. A trading position for each instrument is formed gradually - it may consist of several trades in the same direction. All deals are protected by stop loss orders. Profit is locked in by take profit orders. The EA trades around the clock, five days a week. The volume
Information ScalperiorFX CCI uses the built-in Commodity Channel Index (CCI). It is a Solid Trend-following EA that uses the relationship of CCI, MACD and three Simple Moving Averages (10-day EMA Short-Term; 100-day EMA Mid-Term; 200-day EMA Long-Term). It is enhanced with the Candles Pattern recognition system that is used as a trend strength filter. Note: trades are closed using Stop Loss and Take Profit defined by the user or by ClosingSignal. All trades are opened at the close of the curr
PiTrades Expert Advisor is based on the custom indicator PiTrends. Entry points are determined using values of the PiTrends indicator. Positions are closed when reaching specified profit and loss levels. Input Parameters Distance - Distance input parameter of the PiTrends indicator; Period Signal - Period Signal input parameter of the PiTrends indicator; Stop Loss - loss fixing level in points; Take Profit - profit fixing levels in points; Fixed Lot - fixed lot value; Variable Lot -
The Bears Power indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. The number of ticks to identify high/low - number of single ticks for determining high/low. Calculated bar - number of bars for the indicator calculation.The following parameters are intended for adjusting the weight of Bears Power signals (from 0 to 100). You can find their description in the Signals of the Bears Power oscillator section of MQL5
The Bulls Power indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. The number of ticks to identify high/low - number of single ticks for determining high/low. Calculated bar - number of bars for the indicator calculation.The following parameters are intended for adjusting the weight of Bulls Power signals (from 0 to 100). You can find their description in the Signals of the Bulls Power oscillator section of MQL5
The Momentum indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: period - period of the indicator calculation. levels count - number of displayed levels (no levels are displayed if set to 0) calculated bar - number of bars for the indicator calculation.
The Standard Deviation (StdDev) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. Method - method of averaging. calculated bar - number of bars for the indicator calculation.
The Average Directional Movement Index indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. Сalculated bar - number of bars on the chart for the indicator calculation.Buffer indexes: 0 - MAIN_LINE, 1 - PLUSDI_LINE, 2 - MINUSDI_LINE.
The Commodity Channel Index(CCI) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: period - number of single periods used for the indicator calculation. calculated bar - number of bars for the indicator calculation.The following parameters are intended for adjusting the weight of CCI signals (from 0 to 100). You can find their description in the Signals of the Commodity Channel Index section of MQL5 Reference. The oscillator has required
The Moving Average of Oscillator(OsMA) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Fast EMA period - fast period of averaging. Slow EMA period - slow period of averaging. Signal SMA period - period of averaging of the signal line. calculated bar - number of bars for the indicator calculation.
The Bollinger Bands indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. Deviation - deviation from the main line. Price levels count - number of displayed price levels (no levels are displayed if set to 0). Bar under calculation - number of bars on the chart for the indicator calculation.Buffer indexes: 0 - BASE_LINE, 1 - UPPER_BAND, 2 - LOWER_BAND, 3 - BID, 4 - ASK.
The Moving Average Convergence/Divergence(MACD) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Fast EMA period - indicator drawn using a tick chart. Slow EMA period - slow period of averaging. Signal SMA period - period of averaging of the signal line. calculated bar - number of bars on the chart for the indicator calculation.The following parameters are intended for adjusting the weight of MACD signals (from 0 to 100). You can find the
The Stochastic Oscillator indicator is drawn on the tick price chart. After launching it, wait for enough ticks to come. Parameters: K period - number of single periods used for calculation of the stochastic oscillator; D period - number of single periods used for calculation of the %K Moving Average line; Slowing - period of slowing %K; Calculated bar - number of bars in the chart for calculation of the indicator.The following parameters are intended for adjusting the weight of signals o
The Envelopes indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Averaging period - period of averaging. Smoothing type - type of smoothing. Can have any values of the enumeration ENUM_MA_METHOD. Option prices - price to be used. Can be Ask, Bid or (Ask+Bid)/2. Deviation of boundaries from the midline (in percents) - deviation from the main line in percentage terms. Price levels count - number of displayed price levels (no levels are displ
The Relative Strength Index indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: RSI Period - period of averaging. overbuying level - overbought level. overselling level - oversold level. calculated bar - number of bars on the chart for the indicator calculation.The following parameters are intended for adjusting the weight of RSI signals (from 0 to 100). You can find their description in the Signals of the Oscillator Relative Strength Index
The PiTrends original trend indicator that can have the values from -1 to +1. The closer the indicator value is to +1, the stronger the uptrend is. The closer it is to -1, the stronger the downtrend is. It can also be used as an oscillator to define the overbought/oversold levels. The indicator has signal line calculated as a moving average of the main line of the indicator. The indicator has input parameter Distance for specifying the distance in points. The indicator ignores the pri
