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New Technical Indicators for MetaTrader 5 - 178
Indicator Introduction: The indicator comes from network ,It is more stable relative to RSI or CCI. You can set the indicator to send emails/notifications/alerts when the previous bar has an up or down arrow, you can specify the text of emails by inputing string into the parameter box of "UpMessages/DownMessages". It can be used to analyze market trend and design new expert that is based on trend. If the indicator below the axis ,this is a buy zone. The trend indicator is suitable for M1 and ab
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RSI Traffic Light Indicator tracks several RSI ( Relativ Streng Index) Periods and informs you, if the trend is changing. Trend is you friend, one of the classical Trend following is the Relativ Streng Index (RSI). With RSI Traffic Light Indicator you will get information about trendchange. The RSI Traffic Light Indicator alerts you if the trend is changing for your pair. Different trendchange criterials and visualisation themes inclusive. Your can adjust the indicator Trendchange criterials by
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Tw79 time zone pivot strategy indicator finds important breakdowns and ensures the continuity of the total profit target by maintaining the profit margin in the same direction after the breakdowns.
Indicator input descriptions;
Start Hours: Indicates the start and reference point. Use a number zero or one.
Offset: It expresses the number of bars to be calculated after the reference. Average values are between 55-144.
Number of bar: It represents the last candle to be calculated for
Xtrade Trend Detector is an indicator capable of finding the best opportunities to take a position in any stock market. Indeed, it is a great tool for scalpers but also for Daytraders. You could therefore use it to identify areas to trade, it fits easily on a chart. I use it to detect trends on Big timeframes and take positions on Small timeframes. Don't hesitate to give me a feedback if you test it.
Another renko-based indicator. It returns different usable values for an EA, and is directly displayed on the main chart. Its setting is very simple: The size of the renko The number of bars taken into account The falling color The color on the rise Returned values: Buffer 0 : Value of the middle Buffer 1 : Value of the Top Buffer 2 : Value of the Bottom Buffer 3 : Direction of renko (0.0 for top ; 1.0 for bottom) Buffer 4 : Ratio of the renko, for example, if it is twice, 3 times, ro more of
Pivot Point Super trend it can be used to catch price turning points and can show arrows for buying and selling. calculations are based on price peaks . you can control the price turning points by increasing the Pivot point period input on the indicator the ATR factor is for how far apart do you want the bands to be spread apart price break outs are also spotted in their early stages which will make trading much better
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This indicator draws the high intraday price and the low intraday price of the first n minutes of the day. The chart shows the days with vertical lines and two horizontal lines to indicate the max and the min close price of the n first minutes of the day. The max/min lines start and end with the day calculated. With this indicator you can see how starts the day compared with the previous days. It is valid for any market inasmuch as the start time is calculated with the data received.
Parameter
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This indicator draws a price area in which the volume percentage was traded the day before. The chart shows the days with vertical lines and two horizontal lines to indicate the upper price and the lower price of the percentage of volume was traded the day before. The upper/lower lines start and end with the day calculated. But they are referred with the values of the day before. NOT the day in which are. With this indicator you can see where the volume moved in the day before. It uses percenti
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Teniendo una entrada de precios suavizados, los cuales son procesador por un ZigZag en tiempo real, dando como resultado un suavizador ajustado a un ZigZag. Con valores de entrada (periodo) mayores se vuelve un poco lenta en M1,, Ideal para H1, H4, D1 Trabaja bien con otros suavizadores, ya que su intersección es ideal Al iniciar empiza con mayor precisión desde el momento de activación, siendo el historial (anterior) de referencia ----------------------------------------------------------------
A useful scanner/dashboard that shows the RSI values for multiple symbols and Time-frames. It can be easily hidden/displayed with a simple click on the scanner man top left of the dashboard. You can input upper and lower RSI values and the colours can be set to show when above/below these values. The default values are 70 and 30. There are also input colours for when the RSI is above or below 50 (but not exceeding the upper/lower levels
Symbols and time-frames are input separated by commas.
S
Transit2Trendline this indicator system is made to reduce the job of analyzing and to help those who can't or don't know how to draw trendlines.Transit 2 Trendlines draws only two important trendlines, support and resistance. The diagonal support is drawn in red color .The diagonal resistance is drawn in green color. Note this are very important trendlines which can easily be traded with the classic strategy of trendlines, breakout and retest. The Transit 2 Trendlines will draw patterns selected
Speed, Accuracy, Intelligence — Three Essential Components for Scalp Trading. This indicator is a lightweight and practical account dashboard designed to help traders monitor their account status in real time directly on the chart. It provides a clear overview of key account metrics such as balance, equity, daily starting balance, maximum daily balance, and different drawdown levels. The main purpose of this tool is to support better capital management and faster trading decisions. Instead of ch
Trend speed vector - is the oscillator for manual trading. System measures trend direction and it's speed. Histogram shows 4 colors: Lime --> Strong up movement with good gain speed; Green --> Up movement with low gain speed Red --> Strong down movement with good gain speed; Orange --> Down movement with low gain speed Green and Orange histograms show weak market's movements and thуese places excluded from signal points. Buy arrow is plotted during strong down movement when bearish gain speed i
Floating gain meter is the manual trading system that works with local trends and it's scalping. Histogram represents bull/bear floating trend gain. Green color histogram shows choppy market with bullish pressure, Orange - shows choppy market with bearish pressure. Lime and Red colors shows "boiled" places in market. As a rule buy arrow is placed after strong Down movement when it's power becomes weak and choppy market starts. And sell arrow is plotted after strong Up movement when it's power
Pullback points indicator - is the manual trading system, that shows most popular market prices. Indicator measures bull/bear waves pressure and looks for "consensus" prices. As a rule these points are crossed up and down very often and opened trade has several chances to be closed in positive zone. Mainly, such points is the good base for "common profit" types of strategies. Indicator also represents "common profit" scalping method of trading as default one. Main Indicator's Features Signals
Noize Absorption Index - is the manual trading system that measures the difference of pressure between bears forces and bulls forces. Green line - is a noize free index that showing curent situation. Zero value of index shows totally choppy/flat market.Values above zero level shows how powerfull bullish wave is and values below zero measures bearish forces.Up arrow appears on bearish market when it's ready to reverse, dn arrow appears on weak bullish market, as a result of reverse expectation.
This indicator compares volumes from the same period to previous days instead of calculating the average of previous candles, so it is possible to detect volume anomalies more accurately.
I have always been bothered by seeing very large volumes at the beginning of a trading day and almost no volume throughout the day, making volume-based strategies very limited. This indicator can verify the strength of the volume of candles based on previous days, so it is possible to perceive volumes that are
Scanner and Dashboard for Money Flow Index MT5 The Money Flow Index (MFI) is a technical oscillator that uses price and volume data for identifying overbought or oversold signals in an asset. It can also be used to spot divergences which warn of a trend change in price. The oscillator moves between 0 and 100.
Advantages of the Scanner: - Full Alert Options. - Multi Timefrare - Works for all instruments including Currencies, Indices, Commodities, Cryptocurrencies and Stocks. - Fully customisabl
MT5 Rectangle Extender Indicator is a simple and easy tool that automatically extends any box/rectangle drawn on the chart to the right edge of the screen. This tool can be used for easy drawing of zones and can help with determining future areas of interest on the chart once price trades back to those levels. Very suitable for supply and demand, order blocks, POI's (Points of Interest) mapping on charts. Sometimes its better to have a zone than a single price level as price can shoot above or
This indicator plots any and every swing high or swing low on your chart.
A swing high or low candle formation comprises of a minimum of 3 candles whereby the middle candles high/low is the highest or lowest point amongst the three candles. The direction (bullish/bearish) of the middle candle is irrelevant. Swings are very useful patterns that can be used to determine market structure as well as potential price reversal points on a chart.
This indicator is derived from the Bill Williams Fracta
An easy indicator that simply shows the moment we connect to the market. We can easily see what has happened while we were gone because the line has two different colors that show the start time. It is only that, a visualization aid that allow us to mark the market behavior while it was night time in our country, or if we have stopped several hours. Input: Server start working date: Day of month Month Year Hour Minutes
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MAC_iCHIMOKU is an Indicator best for Scalping and Swing Both. It can be used for: All Pairs: Forex, Cryptocurrencies, Metals, Stocks, Indices. All Timeframe All Brokers All type of Trading Style like Scalping, Swing, Intraday, Short-Term, Long-Term etc. Multiple Chart This Indicator is based on Upcoming Trend Probability made with an unique Combination of Moving average, Ichimoku Cloud, Price Action and Support Resistance zones. If you are a Scalper or Swing Trader, then this Indicator will
MACros is based on Exponential Moving Average Crossover:
It can be used for: All Pairs: Forex, Cryptocurrencies, Metals, Stocks, Indices. All Timeframe All Brokers All type of Trading Style like Scalping, Swing, Intraday, Short-Term, Long-Term etc. Multiple Chart
*** MT4 Version-->> https://www.mql5.com/en/market/product/87538
Notification Setting: All type of notifications and Pop-Up available with this Indicator. (Can manually ON/OFF the notification as per requirements.)
Special Note: It
This Indicator analyses the Trend and shows signals. When you open the Chart , Indicator shows you Buy or Sell Signal as Alert. Usage: Activate Algo Trading , Activate the Indicator and drag new currencies into chart. Indicator shows you Buy or Sell Signal as Alert.
Results
- Buy Signal
- Sell Signal
- No Signal For any question please don't hesitate to contact.
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Watch the Stochastic Events That Matter to You KT Stochastic Alerts turns the familiar Stochastic oscillator into a practical chart monitoring tool. It displays the main and signal lines in a separate window and marks the events you choose, helping you follow momentum changes without continuously scanning every candle. Bullish and bearish Stochastic crossovers. Entry into and exit from the overbought zone. Entry into and exit from the oversold zone. Each of the six event types can be enabled or
Current strength of the 8 major currencies My #1 multifunctional utility: 66+ features, including this indicator | contact me for any questions | MT4 version The indicator is displayed in a separate window, it can be moved to any place on the chart. In the input settings you can adjust: Interface theme : dark / white; Prefix and Suffix, if the currency pairs on your broker have it:
(e.g. if Symbol is "EURUSD .pro ", please set " .pro " as a Suffix); Panel size Font size
Supply / demand zones: observable areas where price has approached many times in the past. Multifunctional trade manager: 66+ features , including this indicator | Contact me for any questions | MT4 version The indicator shows where the price could potentially be reversed again. Usually, the more times the price has been rejected from the level, the more significant it is. In the input settings you can adjust: Enable or disbale Weak zones; Show or hide zone description; Font size;
Absolute volatility for each day for the last 4 weeks My #1 multifunctional utility: includes 66+ features, including this indicator | Contact me if you have any questions | MT4 version The indicator is displayed in a separate window, it can be moved to any place on the chart. In the input settings you can adjust: Interface theme : dark / white; Calculation method: price, pips, points, % change;
Panel size Font size
XFlow shows an expanding price channel that helps determine the trend and the moments of its reversal. It is also used when accompanying transactions to set take profit/stop loss and averages. It has practically no parameters and is very easy to use - just specify an important moment in the history for you and the indicator will calculate the price channel. This is a demo version limited to CHF currency pairs. Designed to familiarize you with the interactive use of XFlow DISPLAYED LINES ROTATE
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XFlow shows an expanding price channel that helps determine the trend and the moments of its reversal. It is also used when accompanying transactions to set take profit/stop loss and averages. It has practically no parameters and is very easy to use - just specify an important moment in the history for you and the indicator will calculate the price channel.
DISPLAYED LINES ROTATE - a thick solid line. The center of the general price rotation. The price makes wide cyclical movements around the
The RFOC Mini Chart was created to project a macro view of the market, which the option to select the timeframe of interest other than the main chart, it is possible to include 2 indicators: 1 - Moving average channel On the mini chart, the moving average will be created based on the prices of the selected time frame for the RFOC Mini Chart. The moving average period must be selected in the indicator settings pannel.
2 - Boillinger Band In the mini chart, a boillinger band will be created based
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The purpose of the Combo OnOff indicator is combine differerent tecniques and approachs to the market in order to spot signals that occur simultaneosly. A signal is more accurate if it is validate from more indicators as the adaptive expectations can be used to predict prices.The On-Off feature and alarms help to look for the better prices to enter/exit in the markets
Moving Averages are statistics that captures the average change in a data series over time
Bollinger Bands is formed by upper
Having trouble marking where the various forex sessions start and end? Or perhaps your strategy requires you trade only in a specific session, then this is for you.
The session indicator shades the session you require in a certain color so that you can identify it easily. The sessions shown include: London session, New York session, Asian Session, Asian - London overlap and London - New York Overlap.
Difference source give varying time ranges for the various session, mostly differing by not m
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The RFOC Mini Chart was created to project a macro view of the market, which the option to select the timeframe of interest other than the main chart, it is possible to include 2 indicators:
In the full version it is possible to include 2 indicators: 1 - Moving average channel On the mini chart, the moving average will be created based on the prices of the selected time frame for the RFOC Mini Chart. The moving average period must be selected in the indicator settings pannel. 2 - Boillinger Ban
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TPM Cross (trend power moving cross) - is a trend following strategy based on custom signal points. Indicator consists from main custom moving chart line and trend power line. Indicator defines up and down movements by it's trend power and custom moving direction. When current market's trend looses it's power and opposite trend starts - power trend line crosses moving and indicator plots an arrow. Main indicator's adjustable inputs : movingPeriod - period of moving line trendPeriod - period
Impulse fractals indicator - is counter-trend oriented complex market fractal pattern. Market creates bull/bear impulse, trend starts, fractals on impulsed wave are an agressive pullback signals. Buy arrow is plotted when market is bearish and it's impulse showed up-side fractal, and sell arrow is plotted when market is bullish and it's impulse showed dn-side fractal. Main indicator's adjustable inputs : impulsePeriod - main period of impulse histogram filterPeriod - smoothes impulse accordi
Floating peaks oscillator - it the manual trading system. It's based on Stochastik/RSI type of oscillator with dynamic/floating overbought and oversold levels. When main line is green - market is under bullish pressure, when main line is red - market is under bearish pressure. Buy arrow appears at the floating bottom and sell arrow appears at floating top. Indicator allows to reverse signal types. Main indicator's adjustable inputs : mainTrendPeriod; signalTrendPeriod; smoothedTrendPeriod; tre
Данный индикатор показывает объем каждого бара (видимый диапазон) в пунктах. Гибкие настройки отображения значений. Возможна настройка параметров показа. Индикатор создавался для личного пользования, анализа графиков. Параметры: Color - цвет текстовых меток; Position - позиция метки: 0 - снизу, 1 - сверху; FontSize - размер шрифта; Angle - угол наклона текста; GapPoints - отступ по вертикальной оси.
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Fast Trade Detector (FTD) - Самый правдивый индикатор, который показывает истинное
настроение Большого Игрока.
На бирже есть Игрок, у которого есть всё для того, чтобы быть в первых рядах в книге торговых
приказов (биржевом стакане). Эти сделки как индикатор рыночного настроения сильного игрока.
Вы поймёте, что всё не совсем так, как представляли раньше. Вам откроются алгоритмы и стратегии
крупного участника рынка. Исполнение индикатора в виде гистограммы в подвале графика. Гистограмма п
Calculation method The calculation method is summing the number of deals performed at a certain price. Alternatively, the volumes at a certain price can be summed if the real volume type is set in the parameters. The trade data is interpolated based on the most accurate terminal data available (М1 timeframe data). Each bar is divided into several trades based on the estimated price movement inside the bar. This is a distinguishing feature of the product setting it apart from other ones that hav
Ichimoku Aiko MTF is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It is a multi-timeframe indicator so you don't need to change the chart timeframe when you want to see the ichimoku clouds on a higher timeframe. eg. The chart timeframe is M15 and you want to see on the M15 timeframe chart the H1 ichimoku indicators (the ichimoku in Metatrader can't do that) that's why you need to use Ichimoku Aiko MTF.
Read Price Location With Three Adaptive Bands KT Price Border plots three smooth bands directly on the chart to show where price is trading within a changing market envelope. The default colors make every reference easy to distinguish, and optional price tags display the current value of each band. Upper band: marks the upper boundary of the active price envelope. Middle band: provides a central trend and direction reference. Lower band: marks the lower boundary of the active price envelope. Com
When the market changes direction, price alone does not always make the shift obvious straight away. KT XMaster Formula turns its trend and momentum calculation into a clean dotted line, yellow change arrows, and a multi-timeframe dashboard. You can check the current direction, see where it last changed, and compare that reading with the rest of the market structure on your chart. The calculation combines moving-average smoothing with RSI and MACD-based information. Instead of stacking several i
In MetaTrader, plotting multiple horizontal lines and then tracking their respective price levels can be a hassle. This indicator automatically plots multiple horizontal lines at equal intervals for setting price alerts, plotting support and resistance levels, and other manual purposes. This indicator is suitable for Forex traders who are new and looking for chances to make quick profits from buying and selling. Horizontal lines can help traders find possible areas to start trading when the
The KT RSI Power Zones divides and shows the movement of RSI into four different power zones to identify the potential support and resistance zones using the RSI.
Bull Support The bull support ranges from 40 to 50. The price is expected to reverse to the upside from this zone.
Bull Resistance The bull resistance ranges from 80 to 90. The price is expected to reverse to the downsize from this zone.
Bear Support The bear support ranges from 20 to 30. The price is expected to reverse to the ups
A professional tool for trading - the divergence indicator between the RSI and the price, which allows you to receive a signal about a trend reversal in a timely manner or catch price pullback movements (depending on the settings). The indicator settings allow you to adjust the strength of the divergence due to the angle of the RSI peaks and the percentage change in price, which makes it possible to fine-tune the signal strength. The indicator code is optimized and is tested very quickly as par
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The Envelopes M indicator is based on the popular Envelopes technical indicator, which is used to create flexible channels where prices stay most of the time. The boundaries of these corridors are two moving averages. But the application that the price is in the channel most of the time is not completely correct, since the channel often breaks out and the price falls far beyond the channel. The main difference of this indicator is that with each new channel breakout, the channel line expands fo
Trend TD is a trend indicator. Thanks to the algorithm of this indicator, the signal will never go against the trend. Thanks to the two lines forming a narrow channel, the algorithm for analyzing entry points, the algorithm controls the reversal moments at the moment when the upper line of the channel has reversed and it is possible to visually draw a line crossing the upper line with itself in the past, while crossing the lower line at one point. If this rule is fixed, then the signal will b
The indicator works with the objects "Trend Line", "Rectangle", "Text" and allows you to create and copy them from one chart to another.
It is a more convenient alternative to automatic copiers, because it allows you to choose more flexibly what and where should be copied.
Keyboard shortcuts:
'1,2,3,4,5,6' - creating thin horizontal lines (the color is set in the settings), the same with SHIFT - thick line ' ~' - creating a line with a random color ))) '7,8,9' - creating shaded rectangles (t
A professional tool for trading - the divergence indicator between the AO and the price, which allows you to receive a signal about a trend reversal in a timely manner or catch price pullback movements (depending on the settings). The indicator settings allow you to adjust the strength of the divergence due to the angle of the AO peaks and the percentage change in price, which makes it possible to fine-tune the signal strength. The indicator code is optimized and is tested very quickly as part
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The Average Daily Range (ADR) is an indicator that shows how far a currency pair can move in a day.
Automatically displays the upper and lower ADR levels.
Automatically calculates the percentage and distance of ADR achieved by the currency pair for the day.
Changes the color and thickness of the ADR line when the price reaches it.
The payment is made in 14 days. It is displayed on timeframes from M1 to M30.
Demarker pullback system - is the manual trading system for choppy markets. It show 2 colored histogram. When histogram is blue - market is quite bullish, when histogram ir orange - market is more bearish. Up arrow is plotted when histogram is in oversold zone but blue color. Down arrow is plotted when histogram is in overbought zone but orange color. These patterns shows false breakout and possible soon reverse(price is overbought but shows bearish signs and price is oversold but shows bullis
The Indicator assists in decision making along with the user's market reading. By drawing the trend, this indicator becomes very useful on days of high volatility in the market, that is, it offers strategic insights on days of economic data, news or pronouncements. On flat market days it becomes usual to identify possible market reversals. Follow Youtube to understand the most suitable scenarios for its use.
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Session Killzone Indicator
Indicator that helps you to identify the killzone times of both London and NewYork sessions which usually is the most times for high volatility and taking liquidity from the market. Killzone times are configurable through indicator parameters. The indicator adjusts the range of the killzones based on the daily trading range.
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The KT Trend Angle helps to identify ranging and trending markets. The idea is to only enter a trade following the market trend if the slope is steep enough.
An angle is the ratio of the number of bars to the number of points: The bars mean the time offered by standard (M1, M5, etc.) and non-standard time frames. Points represent the unit of price measurement with an accuracy of 4 or 5 decimal places.
Input Parameters Period: An integer value to define the intensity of angled trendlines. Angl
A very good indicator for experienced and professional traders . A practical approach to trading. Easy to understand. A helping tool for traders looking for price movements .
Signals: Signal Number 1: When yellow line which is a signal line crossing the zero line towards downward direction is a selling opportunity. Signal Number 2:
When yellow line which is a signal line crossing the zero line towards upward direction is a buying opportunity.
KT Forex Blau Balance combines elements of momentum and volatility. It helps you identify entry and exit points.
Blau Balance consists of two moving averages (a slow-moving average and a fast-moving average) intersecting key transition points in market price. The indicator turns green or red when one is above or below the other, signaling to buy or sell trade signals.
It can be used in currency pairs and other markets that your MT4 or MT5 platform supports. Both short-term and long-term trade
The KT De Munyuk is a trend-based indicator that uses Parabolic SAR to identify the market direction. The indicator shows the PSAR in the form of green/red dots using a separate window. Buy Signal: When a green dot appears after a series of at least three red dots. Buy Exit: When a red dot appears on the current or next higher time frame. Sell Signal: When a red dot appears after a series of at least three green dots. Sell Exit: When a green dot appears on the current or next higher
KT Forex Trend Rider uses a trend following algorithm developed specifically for the Forex market to provide reliable buy & sell signals across the major currency pairs. It works best on major FX pairs and all time-frames.
Features
It comes with a Multi-Timeframe scanner that can search for upcoming signals across all the time-frames. It comes with four preset profiles to facilitate trading for scalpers, tick-trend, swing, and trend traders. It marks the potential reversal points in the market.
The BSI stands for Bar Strength Index. It evaluates price data using a unique calculation. It displays readings in a separate window. Many financial investors mistake this indicator for the Relative Strength Index (RSI), which is incorrect because the BSI can provide an advantage through its calculation method that the RSI indicator does not. The Bar Strength Index (BSI) is derived from the Internal Bar Strength (IBS), which has been successfully applied to many financial assets such as commodit
The KT Tether Line is a trend-following tool consisting of three indicators that work together to generate trading signals. It can correctly identify market trends while signaling trade entries. It was first introduced by Bryan Strain in the Stock & Commodities magazine in 2000 in "How to get with the trend and out at the end."
The Concept
When a market trend is confirmed, the most challenging part is determining the timing of the entries. This indicator alerts you to potential trend reversals
Um Inside Bar é um dos principais sinais de continuidade de uma tendência existente e as vezes reversão, pois nos mostra locais especiais de entrada, possibilitando uma boa taxa de Risco x Retorno. É simples visualizar um Inside Candle. Esse padrão é formado por apenas dois candles. O primeiro deve ser, preferencialmente grande, e o segundo deve estar integralmente contido dentro dos limites de máxima e mínima do primeiro.
Volatility analyzer is a momentum indicator, which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. The indicator also uses a momentum oscillator to show the expected direction of the move when the squeeze fires. This histogram oscillates around the zero line, increasing momentum above the zero line indicates an opportunity to purchase long, while momentum falling below the zero line can indicate a shorting opportunity.
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About the indicator: DALA Forecast is a universal tool for predicting the dynamics of time series of any nature. For prediction, modified methods of nonlinear dynamics analysis are used, on the basis of which a predictive model is built using machine learning methods. To get the trial version of the indicator, you can contact me in private messages.
How to use the indicator: Apply the indicator to your chosen financial instrument or indicator with the settings you need. The prediction will be
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The Roll the Field indicator displays signals in a simple and accessible way in two colors (when to buy and when to sell is determined by changing the color). Knowing the entry point of each currency is very important for every forex trader. The intelligent algorithm of the indicator accurately determines the trend, filters out market noise and generates entry signals.
Point discussion is a fundamental technical indicator - an algorithm that allows you to obtain data on future prices using quotes data for a certain period of time specified in the indicator settings. The technical analysis indicator Point discussion is based on a special formula. It is with its help that the calculation takes place. The indicator is well suited for determining a reversal or a large sharp jerk to one side, thanks to it you will know when this happens, it will notify you by the a
the fundamental technical indicator Informative Trend, which allows you to assess the current market situation in order to enter the market of the selected currency pair in a trend and with minimal risk. It basically uses the process of identifying the rate of change in price growth and allows you to find entry and exit points from the market.
The indicator was created on the basis of the original indicators for searching for extreme points and is well suited for determining a reversal or a la
The movement exhaustion is a color rule that helps indicate when the movement will revert its direction. The darker the color, the greater the probability to revert. The indicator is based on the price statistic. Works on every timeframe, every instrument. Five color options: 0. Natural movement. (Gray) 1 - 4. Movement exhaustion (Yellow to maroon) The trader can use it as reversal or exhaustion signal. In a trend following trade it can be used as an exhaustion signal, indicating the movement ca
Here’s the problem: the default zigzag indicator given in MT5 trading platform does not really capture the most of the highs and lows on chart do draw zigzags. On chart below, notice that some of ther high, low of price have been missed to draw zigzags by this default zigzag indicator (picture 1). It is not so apparent until you compare default zigzag indicator to this SwingZZ indicator. Have a look on picture 2 and 3. The swing zigzag indicator is best because it captures most of the swing high
Bull bear pressure indicator - is the manual system which defines bull/bear market. When lines is above zero level - market is strong bullish, and when lines below zero level - market is bearish. First line represents global trend and second one are smoothed and shows local market's mood. Main inputs are : MainPeriod- main indicator's period for global trend calculation; SignalPeriod - period for smoothed and shows local market's trend; Main Indicator's Features Signals are not repaint,non-late
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