Copy Trades FREE is very simple to use and has very simple settings. Allow yourself to copy only local orders from one MetaTrader instance to another. No transfer of data via Internet, only local. A MetaTrader instance can be Master, Slave or both. You can copy also with differents names of symbols between brokers. This is a FREE version and the EA copy only NZDUSD orders. The FULL version is the product: Reply Trade (https://www.mql5.com/en/market/product/12582). Input Values Account
Find Double Bar Lows Higher Close && Double Bar Highs Lower Close The indicator is looking for a Price Action double bar reversal pattern a double bar with similar Lows and higher Close - DBLHC (bullish setup) and a double bar with similar Highs and lower Close - DBHLC (bearish setup).A pattern may consist of two, three or even four bars. It is believed that the more bars form a pattern, the stronger it is. The indicator has five configurable parameters: The difference between adjacent
Welcome to the Free version of the Binary Option Gym. Please note that this free version has some fix limited settings: Expiring time: closing of the 3 min candle. Payoff: 70%. Investment per trade: $25.Please refer to the Full Version of Binary Option Gym to have full freedom to change the settings. Binary Options The Binary Option Gym is an utility for you to test your Binary Options (BO) Strategies without the need for investing money or signing in with a broker. It is not a rob
This indicator displays each bar's volume in points as a histogram. The second version of the indicator. Now it is represented as an oscillator. It is more informative and functional. At that it does not load the main chart. It displays: bar's volume in points as a histogram (buffer 0) average value of the volume for the whole period (buffer 1) bars upper than the client average value with another color (buffer 2) average value of the amount of bars set by a user (buffer 3)Also: setti
This indicator displays each bar's volume (visible range) in points. The display parameters are customizable. The indicator was developed for personal use (chart analysis). Parameters: ColorL - color of text labels. Position - label position: 0 - below, 1 - above. FontSize - font size. ANGLE - text slope angle.
The indicator displays the real support and resistance levels for the current day. Use it on the periods from M15 to D1. Settings are very simple and clear. Indicator Parameters Days - the number of past days for calculation. Level Color - color of the levels. Level Save - keep the levels in history. Bars - the minimum number of bars to search for levels.Recommendations: the higher the value of Bars the more important are the levels. The value of Days must be greater than the valu
EnigmaMt4 is an Expert Advisor with an original trading strategy. The EA features a limited martingale (only four legs). It should be attached to any chart in the usual way. Advantages of the EA It works on any timeframes. Works with any trading instruments. Built-in system of automatic profit calculation. It can work without user intervention. Disadvantages of the EA Limited martingale is present. Parameters Lot - position volume (0.1 lot per 1000 units of the deposit
This simple leading indicator that will aids in drawing lines for Open price of the day, week and month. It also draws the High and Low of the day, week and month. The Open price helps marking off the starting point of the symbol within a specified period. These lines can be useful in determining the trend of any even market. Also it serves as first point of identifying Support and Resistance of the symbols. Does not repaint and works on all symbols and time-frames. Indicator Parameters
The OandaX product series is designed to display additional data on orders and positions provided by the Oanda FxLabs service. The OandaX Positive Ratio indicator is designed to display the history data on the ratio of buyers and sellers, who have a profitable position on the instrument, to the total number of buyers and sellers. In the Volume weighted mode, the ratio also takes into account the profit/loss size of the positions (distance from the position opening price to the current price).
The indicator draws the level of price change in percentage based on the percent value specified in the parameter. Parameters Levels - specify the list of levels (should not exceed 10). LevelColor - the color to draw the level. TextColor - the color of the text use for the levels. Level_Lenght - initial level length in seconds ZonaLengthPlus - the number of seconds to extend the level (press "Tab")/or cur it (press the "\" keep).Point the mouse cursor above/below the local low
Fast & smooth RSI is a modified RSI indicator. The oscillator curve directions are displayed in different colors for easier visualization. The fast smoothing method is used for calculation so that the indicator readings do not lag behind, while insignificant RSI oscillations are sorted out. Also, the indicator reaches extremums earlier providing more signals. Besides, you can change the averaging method and price. Parameters RSI Period - number of bars used for the indicator calculation (fou
This script is developed to help traders and users of MT4 to get the UTC/GMT offset. It is easy to use the script. Just attach it to any chart while the MT4 is connected and the market is open and it will show you alert with the GMT offset value. Using this script the users of MT4 can get the value of GMT offset without returning or visiting any web site or doing any calculations. GMT offset is used in a number of EAs and custom indicators.
The information panel displays important trading information on the chart. Visual display of the information will help you to make a prompt and precise trading decision. Screenshots depict information which I use in my trading system. But you can add any other desired information. To do this contact me via MQL5 web-site. Displayed information: Time till the end of the current candle and formation of a new one. Time set format: hh:mm, if there is at least one full hour, or mm:ss, if you h
PipTick ATR indicator is a really helpful tool for measuring the range of bars. It quickly and easily helps to evaluate the current spread (range) of the ATR, which is especially useful for VSA traders. The indicator for the classification of the range of bars (candles) uses moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra low, low, average, high, very high or ultra high. PipTick ATR indicator is rendered as
News Trader Pro is a unique robot that allows you to trade the news by your pre-defined strategy. It loads every piece of news from several popular Forex websites. You can choose any news and preset the strategy to trade it, and then News Trader Pro will trade that news by selected strategy automatically when the news comes. News release gives opportunity to have pips since the price usually has big move at that time. Now, with this tool, trading news becomes easier, more flexible and more exci
A move above the Pivot Point suggests strength with a target to the first resistance. A break above first resistance shows even more strength with a target to the further resistance levels. A move below the Pivot Point suggests weakness with a target to the first Support level. A break below the first Support level shows even more weakness with a target to the further support levels. This script will draw horizontal lines from the calculation of the PivotType based on the previous price bar fo
Description This is an indicator that colors market moods on a linear chart in the window of the main financial instrument. It is useful for determining support and resistance levels. Purpose The indicator can be used for manual or automated trading as part of an Expert Advisor. For automated trading, you can use values of indicator buffers of the double type: rising line - buffer 0, must not be equal to EMPTY_VALUE. falling line - buffer 1, must not be equal to EMPTY_VALUE.
Manage your risk and make your trading easier This is a free demo of Fx Easy Trade. It works without restrictions, it is only limited to 20 trades. The full version is available here. With Fx Easy Trade you can create orders easily and system will calculate automatically the position size, create statistical report, draw supports and resistances on all timeframe you have in one click, create alerts, send notification, scan the market, etc. More details below. Define your risk in euro or d
Expert Advisor Features trailing profit in the deposit currency (Trailing Stop Money) closing by a profit or loss in the deposit currency opening orders at a specified time managing positions opened manually or by another Expert Advisor calculating initial lot based on the current balance limiting the maximum lot volume choosing trading type several types and methods of averaging visually displays the current breakeven price, draws horizontal lines "Line break even B
This is free version of Smart Safe Steady EA. This SMART Expert Advisor trades SAFE and STEADY and manages all position's risk. This is why we call it Smart Safe Steady. Features Scalper: It is Scalper EA, but does not accept risk a lot to trade over sized, although you can bypass it's default setting in your own risk. Conservative: It is not going to keep trades open in high volatile market so it is SAFE and would close the trades even in zero profit. Martingale: This is not loss
The indicator shows a price tag at the breakeven price when multiple orders are opened for the current instrument symbol. When no orders are open the price tag disappears. The indicator calculates a unified break even price for both buy and sell orders, taking into consideration the lot size for each order. Inputs Price Color: here you select the appropriate color for the price tag.
Scalper GBP Free is a simplified version of the Scalper GBP EA, designed for trading GBPUSD and EURGBP. The EA does not use hedging, martingale, grid strategies, arbitration, etc.Most of the settings are already integrated into the EA code. All you need to do is to select the currency pair, adjust the WET (Western European Time) time zone in the EA parameters and to start trading. Working timeframe - M15. Advantages of the paid version The possibility of "smart" automatic risk calculation.
FREE Speed Revolution is a multi-currency Expert Advisor, which works on many symbols. The Expert Advisor does not use high-risk trading strategies like Martingale. Next Trailing Stop with Neural Network Technology and Calculated through the last price every one minute not every tick. This made the decision that you do not have to worry about backtest results. Using strategy Theory Probability Formula example: ((open-close)+(High-close)+(low-close))/3. Average True Range > Standard De
The Black Dragon is an expert adviser that uses the traditional trading strategies and signals of the Ichimoku Kinko Hyo indicator system to place and manage trades. This is not a fully automated EA, although you can use it as such, it has actually been designed to be used as a tool for Ichimoku traders to place and manage trades. The Black Dragon has five of the most well known strategies to choose from along with four different confirming signals all from the Ichimoku. There is the Kumo Breako
Fractals Indicator with custom depth and time frame support. Multiple instances of the indicator can be placed on the same chart showing fractals with different depth from different time frames. For example you can have H4, H1 fractals on M5 time frame. Deeper depth minimizes the false signals for both reversal and breakout traders. Clustered fractals from different time frames increase the significance of that fractal. My preference is to use shallow fractals for breakout, and deep fractal
The SynchroObjects utility is designed to facilitate and speed up the work with graphic constructions on different charts of one symbol. The SynchroObjects utility clones the created objects to all charts on which the utility is running and which have the same symbol. And also synchronously changes their properties. The utility is easy to use and requires no configuration. Tip: If you view the history frequently - we also recommend you to also install the free Smart AutoScroll utility. It auto
This indicator is an attempt to determine the predominant direction of the price movement, both during the period evident trends (uptrend and downtrend), and during flats. The calculation method of this indicator is based on the determination of the highest and lowest prices over a certain time period. The resulting values for each bar are passed through a filter that considers the acceleration and deceleration of the price movement. After that the resulting data is passed through a second filte
This indicator can be a handy tool if you mostly trades from naked charts but sometimes need a quick look at the moving averages. You can add up to three separate moving averages that can be easily shown or hidden by a single click of a button. The button can be placed in any corner of the chart with a text of your choice. You can also specify the x and y distance from that corner. Features Show or hide the moving averages by a single click of a button Add up to three moving averages Mini
The BB Multicurrency Range shows which currencies move the market. It compares the range of all supported currency pairs and shows in a line chart, which currency influenced the market strongly and which currency was very quiet. You can also see which currency moved above average and which one did not. You can keep track of all important currencies (AUD, CAD, CHF, EUR, GBP, JPY, NZD, and USD) at a glance. Parameters ATR Period - calculate an average range of a bar. Values above 10 are rec
Introduction to GARCH Improved Nelder Mead Algorithm GARCH is the short initial for Generalized Autoregressive Conditional Heteroskedasticity and it is the volatility prediction model commonly used in financial industry. GARCH model was first appeared in the work by Danish Economist, Tim Peter Bollerslev in 1986. The 2003 Nobel Prize winner, Robert F Engle also added much contribution for the refinement of GARCH model with Tim’s work. Our GARCH INM predictor took the original method of Nelder M
The sense of this indicator is evident from its name. Noise Level is designed to assist in distinguishing true and false breakouts. It closely examines HOW the price approaches the possible breakout point. Therefore, it helps to follow channel or fractal breakouts only when the probability of beginning of a new trend is the highest (the market is less noisy). Alternatively, the indicator can be used to map the best opportunities for scalping systems, based on returns in the channel (
Demo version of the smart multicurrency AI Synthesis EA. It uses the signals of the Larry Williams' Percent Range leading indicator and the Average True Range volatility indicator to demonstrate the operation of the EA in miniature.Instructions on configuration of "AI Synthesis EA Free" can be found in my blog. The EA operation signals on demo and real accounts can be found and evaluated in my profile or in MQL4 Signals. Operation Description The "AI_Syntesis_EA Free" uses the signals of the L
The LevelsPivotMT4 plots the pivot points and forms the support and resistance levels. The indicator does not repaint. Default colors Yellow - pivot point. Green - resistance levels R1, R2, R3. Red - support levels S1, S2, S3.Installed similar to any standard indicator. Analysis rules Trade the rebound from support or resistance lines. Accordingly, the target is the central line (the pivot point, yellow by default).
Universal Moving Average is an indicator that calculates the average price using different smoothing methods. Settings Profile - predefined profile (GFK-based (GFK is an indicator with two steps of smoothing), GFK Fast, Custom - Custom settings); MAType - first smoothing moving average type; MAPeriod - period of the first moving average; UseSecondMovingAverage - use the second moving average for smoothing; MAType2 - second moving average; MAPeriod2 - period of the second mov
Thunder is a fully automated scalping Expert Advisor based on price level breakthroughs. The EA does not use indicators. Each entry point is calculated using an advanced entry filter based on price chart movement analysis. All trading positions are controlled by a stop order allowing you to minimize a drawdown and protect the deposit. A profit is fixed by the dynamic stepwise algorithm allowing the EA to take a maximum profit. The EA trades an automatic variable lot based on the maximum acceptab
AMD Exclusive Free characterized by high efficiency and can constitute a complete system. Indicator based on Price Action, Statistics and Overbalance. We encourage you to study indicator on its own until you know the tendencies of how it behaves relative to price movement. Indicator automatically optimizes time frame M15, M30, H1, H4, D1 and W1 (press the button [O] on the chart). Filter OVB (overbalance) has three modes: Manual [button F on chart]. Semi-automatic [button F on chart].
The program allows to copy trades between different MetaTrader 5 (netting)(hedge) and MetaTrader 4 accounts in any direction and amount quickly and easily (without loading the system). Any type of copying is available MT4 → MT5 MT4 → MT4 MT5 → MT5 MT5 → MT4 * For the MetaTrader 4 terminal — Fast Copy MT4 * For the MetaTrader 5 terminal — Fast Copy MT5 ** Before the purchase, you can test the program by downloading the free demo versions — Fast Copy MT4 demo / Fast Copy MT5 dem
For any number of placed market and pending orders, the utility calculates the "breakeven level" - weighted average price. The calculation is performed individually for buy and sell orders. The weighted average price is marked with a label and colored horizontal line separately as well - one line for the buy price, and the other for sell price. Input Parameters: Include pending. Include the pending orders in calculation. The default value of this parameter is false, and the calculation of
This indicator displays the channel and trend. When Price Channel Free are placed on a chart, they identify the high and the low price. As such, they can be used quite effectively to visually identify levels of Support and Resistance on a chart. The indicator is additionally equipped with preview and signal. Product not work in strategy tester - for obvious reasons. See video below and Full version. The Free version allows to fully examine all the features on chart. Price Channel Free works
MQL Signals History to MetaTrader 4 is a script for viewing the history of trades of any strategy from the Signals service directly on your MetaTrader 4 chart. What you need to do to use the script: Save the history of trades in a CSV file. (To do this, select "Export to CSV: History") Copy the history file to \MQL4\Files. To open the folder, go to MetaTrader 4 and click "File"->"Open data folder". Run the script on your chart. In the FileName field specify the name of the saved file
The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t likea simple MTF indicator. This is the real display of the indicator on itstimeframe. Here's the options available in the FFx indicator:
Price Alert indicator plays sound alerts when the price reaches certain levels that are set by the trader. If you use e-mail alert feature, don't forget to set the e-mail settings in your MetaTrader platform options window. Input parameters: WhenPriceGoesAbovePIP - if the price exceeds the current one by a specified amount of Pips, the alert will be triggered. WhenPriceGoesBelowPIP - if the price goes below the current one by a specified amount of Pips, the alert will be triggered. WhenPr
The Regression Trend indicator applies mathematical method for evaluating the trend, the standard deviation and the trend strength of currency pairs. The indicator appears as a panel displaying the trend direction, the angle and the quality of the trend on all timeframes of the instrument. Regression Trend has three components. The number of candlesticks, on which the trend is determined. Trend quality to filter low-quality or short-term trends. The trend angle to set the minimum value for the
This simple utility allows you to open orders by preset values with single click to buttons Buy & Sell. It also works in Strategy Tester, so you can manually test your strategies. Parameters Magic Number - unique number for identification orders open by this utility. Lots - lot size. Take Profit [pips] - Take Profit in pips. Stop Loss [pips] - Stop Loss in pips.Take Profit and Stop Loss will be disabled when value will be set to 0.
APriceChannel is a modification of the standard Price_Channel indicator. The EA draws 2 levels - the upper level shows the price High for the specified period of time, the lower level shows the price Low for the same period. In addition to the period, you can set vertical offset in points to widen the channel up and down. This prevents false breakouts of current support/resistance levels. Inputs Period - time period in bars - the number of bars to calculate the price High/Low. Offset u
The new FTrend trend indicator, based on the common Stochastic indicator, which shows both the trend as colored histograms at the bottom of the chart and the strength of the trend. The indicator also displays the trend direction on different timeframes, which allows to receive a precise entry signal by analyzing the values of the price movement direction on different timeframes. When the terminal interface language is changed, the FTrend indicator displays the data on the trends of the other ti
The CSI shows the Currency Strength Index indicator in separate window. This indicator's comparison is calculated by the same algorithm as the CurrencyStrength. Usage The CSI shows the Currency Strength Index indicator in separate window. At most 8 lines are drawn in the chart. In default setting, USD is yellow, EUR is blue, JPY is red, GBP is cyan, AUD is lime, NZD is green, CAD is goldenrod, CHF is white respectively. If the currency is included in the currency pair of chart, the line is th
The indicator displays opening/closing of market orders on a chart, as it does in the Strategy Tester. Settings: _color_openBUY — for an open BUY order — color of opening arrow and line _color_openSELL — for an open SELL order — color of opening arrow and line _color_closeBUY — for a close BUY order — color of opening arrow and line _color_closeSELL — for a close SELL order — color of opening arrow and line _color_CLOSE — color of closing arrow _trend_style, _trend_width — style and wid
About the PAM (Price Action Master) EA Series These multi-symbol multi-time-frame bots enter on high probability engulfing bar and shooting star/hammer/pin bar patterns with a stop order. (Delays won't matter, slippage and spread not a big deal on larger time-frames.) They may consider up to 4 secondary time-frames in their analyses and score of space, trend, quality of bar, quality of important locations, big round numbers and quality of pullbacks. The bots are based on many of the trading
What about a new kind of a signal indicator with self-adjustment and trend force analysis? This is an innovative and powerful trading system based on signal indicators. The indicator is self-adjusted and non-lagging for all currency pairs and timeframes, looking for the highest possible performance. Trajecta TFA - Trend Force Analysis: this brand new technology of Trajecta Labs enables different signals forces represented in the same graph, so you can check if the major signal is really strong
Hot Levels indicator was designed to determine and indicate support and resistance levels on the live chart. It uses tick data to calculate the real volume of trade activity down to pipette level for optimum accuracy. Free version works on AUDUSD currency pair ONLY. Purchase the unlimited version from the Market.
This utility is designed for opening Buy and Sell market orders and closing all positions. The positions are opened and closed by pressing a hot key. The "A", "S" and "D" keys send a request for opening Buy orders with predefined values of Lot, Take Profit, Stop Loss; The "Z", "X" and "C" keys send a request for opening Sell orders with predefined values of Lot, Take Profit, Stop Loss; The "Space" key sends a request to close all positions on the current instrument.In the settings, yo
Same behavior of https://www.mql5.com/en/market/product/25552 but fixed lot 0.01 The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used on the M1 chart. Does not need historical data. It does not use Martingale Grid Hedge Param
Chaos Trader Lite attempts to use aspects of chaos theory to place trades in the marketplace. This Expert Advisor, in particular, draws upon theories made by Bill Williams. Every version of MetaTrader contains the Bill Williams indicators. I wondered why was he deemed so important as to have his own set of indicators added to MetaTrader with name attribution. Conducting research I found that Bill Williams wrote a book using chaos theory to trade the markets. The Bill Williams indicators are usef
Parabolic Switch FREE is a limited version of an Expert Advisor based on long-term parabolic Stop and Reversal strategy. Can be used on USDJPY, OIL (Crude and WTI), SUGAR and similar. The EA features a positive GRID mechanism that allows it to open more orders if the previous trade is profiting. Orders can be held from couple of hours to even couple of months (commodities) if trend sustains. If reversal point of SAR indicator will be false, and trade will close at SL, the EA will not open next t
MQLTA Draw Grid is a simple tool to help you draw a grid on your chart. Useful to do chart studies and grid simulations. How does it work? The tool will create horizontal lines depending on your set parameters How to Use the Tool Load the indicator on chart choosing your default parameters. Choose the starting point, the low and high values of the range and the style. From the graphical panel created you will be able to create and remove the grid and change some of the options. You can dra
This is an example of how the MetaTrader terminals's Strategy Tester can help to find good input parameters for an old and widely known MACD Sample Expert Advisor, which is available in the Navigator window (tab: Expert Advisors). Input parameters Indicator MACD: fast - fast Period; slow - Slow Period; sign - Signal Period; appPrice - PRICE_CLOSE=0; PRICE_OPEN=1; PRICE_HIGH=2; PRICE_LOW=3; PRICE_MEDIAN=4; PRICE_TYPICAL=5; PRICE_WEIGHTED=6; MACDOpenLevel; MACDCloseLevel;
This is the Free version of the product: https://www.mql5.com/en/market/product/19928 Free version limitations: Only EURUSD trades are copied. Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports
The script displays the history of news releases on a chart in the form of lines. Download the file of news history from the file https://www.fxstreet.com/economic-calendar#. Save it to the "Files" folder of the terminal. Run the script. It only displays past news. In the event of multiple news releases at the same time, the last of them or the most important one is displayed. Settings: TimeZone - the difference between the broker's time zone and GMT. Only this currency - only show ne
The tool facilitates placing any type of the order in accordance with risk management. Placing the orders according to risk management could not be easier. How to use Easy Order First, in EASY ORDER panel by clicking, select and enter your new percentage value of account balance risked in one trade. Risk value can be set from 0.1% and it is resistant to Metatrader platform restart. If button Calculate is clicked, then you should see transparent „Price Area” (price spread + broker minimal dist
Trading symbol - GBPUSD. Timeframe - Н4 Minimum deposit - $1 000. The EA works in the Moving Average 24 channel with the levels 1 000 and -1 000 using a grid. An order is opened when the price touches one of the Moving Average levels. The EA features the built-in Stochastic-based filter. The built-in risk management is provided. Settings Settings EMA MA_Period - МА period MA_Level - МА levelOptions Trading lot size - initial lot percentage of free margin, 0 fixe lot - use free ma
The demo version of the indicator does not display data on last 25 bars but is perfect for testing. The Turning point of price indicator displays assumed turning points of the price on the chart. It is based on data of the Prise Reversal oscillator and standard ADX. When the value of Prise Reversal is in overbought or oversold area (area size is set by a user), and the value of the ADX main line exceeds the preset value, the Turning point of price indicator draws an arrow pointed to the furth
This indicator is designed for drawing equidistant channels. Two options are available: based on the number of hours in the indicator calculation and by the number of bars. To draw a channel, enter a number 1 or greater. The maximum value is limited by the amount of visible bars. If the parameters you enter are beyond the allowable limits, you will get notified if the indicator restrictions. Please note that the time involved in calculation of the channel must be greater than the timeframe it
MV Trend indicator finds the trend at the daily timeframe and shows the current trend in other charts. For example, trend at the daily timeframe = trend at the H4, H1, M3 .... M1 timeframes. When the MV Trend has found the trend at the beginning of the day, this trend is fixed for the current day. Input parameters MV_Trend – recommended to use 5 or 8 TotalBars – the maximum number of bars to be displayed ShowChange – daily percent change (please enable object description on your cha
The Two Moving Averages indicator concurrently displays two Moving Averages with default settings in the main chart window: Green and Red lines that represent a short-term trend. You can change the moving average settings and colors. However, these parameters have been configured so that to allow trading on all timeframes. Take a look at how the Moving Averages lines can be used in a profitable multi-currency Trading Strategy on all time frames, that is also suitable for trading in your mobile t
The Display ADX System indicator for the MetaTrader 4 trading platform (see description (in Russian)) is compactly sized for a chart window, while displaying ADX indicator results for all time frames in a single window. Parameters for each time frame are set separately. Font size, corner and color can be set according to your preferences. By default, colors of time frame names are as follows: no trend - white, bullish trend - green, bearish trend - red. If the ADX is rising on the last three bar
The indicator detects price channels, reversal points and trend direction. All timeframes. No repainting. Channel borders are formed by support/resistance levels. Calculation is done on an active candle. If the red line is above the green one, a trend is bullish. If the red line is below the green one, a trend is bearish. After the price breaks through the green line, the indicator starts building a new channel. The indicator works well with the Forex_Fraus_M15.tpl template https://www.
This indicator can display 1-6 RSI indicator on different timeframes and settings. The active indicators can give visual and sound alert on oversold/overbought level if the user choose that option. Alert can be set on one or all active indicator, even if the timeframe, the period and the oversold/overbought level different on each.There is a display panel with buttons on the main chart, what is show the active indicators and their settings.There is an option to hide this panel. With the buttons