New Technical Indicators for MetaTrader 5 - 2

Introducing our state-of-the-art Wave Indicator, meticulously designed for the discerning traders of the MQL5 community! At the core of this innovative tool lies an unmatched sensitivity to capture even the slightest market movements. Our Wave Indicator serves as the foundational element for constructing comprehensive trading strategies, providing you with an unwavering edge in the dynamic world of finance. Whether you're aiming to refine short-term tactics or develop long-term systems, this ind

Introduction "Smart money" is money invested by knowledgeable individuals at the right time, and this investment can yield the highest returns. The concept we focus on in this indicator is whether the market is in an uptrend or downtrend. The market briefly takes a weak and reversal trend with "Minor BoS" without being able to break the major pivot. In the next step, it returns to its main trend with a strong bullish move and continues its trend with a "Major BoS". The "order bloc

Are you already a fan of the Minions Labs Smart Heikin Ashi chart analysis tool? Or perhaps you're looking for a versatile Heikin Ashi chart capable of operating across multiple timeframes? Want to see the bigger picture before diving into the details, to make smarter ENTRY decisions? Do you want to build your own Dashboard of Symbols in just one chart, without dealing with messy multi-window MT5 stuff? Welcome to the Minions Labs Smart Heikin Ashi CompactView MTF indicator! Please see the power

Certainly! Let me introduce you to a powerful tool for MetaTrader 5 (MT5) that can automatically identify and draw support and resistance (S&R) levels on your trading charts. This tool is called the “Support and Resistance Levels Guru” . Support Resistance Levels Guru  The Support & Resistance Indicator automatically displays essential S&R levels on your chart. These levels are crucial for technical analysis and are used by many traders. Resistance levels (zones) are shown in R ed , while suppo

This is one of the most powerful indicators I've ever made. I was tired of looking at other windows/websites for economical news, and regularly something would happen without me realising. So I made this indicator which displays all news at the exact time of arrival, directly on the charts! Now you too can just focus on the charts and know that you won't miss any news events. There are options: 1. You can choose to display on the price line, or at the bottom of the chart. 2. You can

Highly configurable Trader Dynamic Index (TDI) indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability (higher and lower timeframes also) Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: TDI Timeframe: You can set the lower/higher

The Ultimate Trend and Reversals Detector The Ultimate Trend and Reversals Detector is a powerful tool designed to identify potential trend reversal zones in the financial markets. Here are the key features: Objective : Detect trend directions and reversals. Signal Colors : Green : Indicates a potential bullish trend reversal. Red : Signals a potential bearish trend reversal. Non-Repainting : The indicator’s signals are not redrawn, providing reliable information. Suitable for All Styles : Scal

Introduction The "Smart Money Concept" transcends mere technical trading strategies; it embodies a comprehensive philosophy elucidating market dynamics. Central to this concept is the acknowledgment that influential market participants manipulate price actions, presenting challenges for retail traders. As a "retail trader", aligning your strategy with the behavior of "Smart Money," primarily market makers, is paramount. Understanding their trading patterns, which revolve around supply

The indicator illustrates the divergence between the price movements of two financial instruments, such as EURUSD and GBPUSD or US500 and US30 or Gold and Silver. These divergences are plotted in the form of segments on the price chart of the dominant instrument. The dominant instrument refers to the one that exhibits a stronger bullish trend in the case of a bullish divergence, or a stronger bearish trend in the case of a bearish divergence. Investors are encouraged to independently seek correl

This is one of my most important indicators. Did you ever miss the session open/close? I did, which is why I made this indicator. It took a long time to get this right, since depending on your platform and timezone, it can be incorrect. It should be accurate for everyone now. It takes into account Daylight savings for NY and EU timezones, and should just work like magic on your charts.

## Check screenshots to see proof that this indictor is a must! ## Do you hate having to have a Monthly, Weekly, Daily chart when looking at your lower timeframes? I hated it too, so I made this. It will show you the High and Low of other timeframes on your chart, so you will always be aware where some support/resistance may be! Even on the 1 minute chart! I recommend you use it 3 times, one with Day, Week and Month selected with different line widths.  I use this on every chart I look at

Do you want to succeed in the Forex market? Our innovative   AI Swing Trading   indicator is your secret key to successful and profitable trading. We present to you this unique tool: Our indicator is equipped with a built-in neural network that allows you to analyze huge amounts of data, identify changes and predict price movements. This technology allows you to make informed trading decisions based on in-depth market analysis. The indicator algorithm is based on: Fibonacci levels, Price Acti

Introduction The Price Action, styled as the "Smart Money Concept" or "SMC," was introduced by Mr. David J. Crouch in 2000 and is one of the most modern technical styles in the financial world. In financial markets, Smart Money refers to capital controlled by major market players (central banks, funds, etc.), and these traders can accurately predict market trends and achieve the highest profits. In the "Smart Money" style, various types of "order blocks" can be traded. This indicator

Trend Tracking Indicator with Input Signal Average Filter This indicator acts as a trend tracker and filter, using moving averages as entry signals. Moving averages are key to determining different trend horizons: - The standard 200-period primary average indicates the long-term trend. - The 50-period secondary average indicates the medium-term trend. - The 20-period tertiary average indicates the shortest trend. - The nine-period average serves as an entry trigger for immediate actions. Thi

The RSI Pro Analyzer Indicator is a powerful tool designed for traders looking to make informed decisions across multiple time frames simultaneously. This indicator uses the RSI to provide overbought, oversold and trend signals, making it easier to identify market entry opportunities. Its main advantage is its ease of reading thanks to its clear and distinct color codes to indicate different market conditions. The indicator displays RSI values and associated signals in five different time fra

Trend following indicator to assist you in trend trading , analysis or risk management. Non Repainting and works on all timeframes.  Robust alert system Benefits: Never redraws the results, the signal is strictly at the close of the candle It can be used in an adviser A great addition to a trading strategy or an independent strategy Market noise filtering algorithm Suitable for any tools Why chose for MetaTrader 5 : Enhanced Precision : Utilize accurate trend analysis to enhance your trading dec

The Heikin Ashi Delta Pro leverages the refined elegance of Heikin Ashi candlesticks, renowned for their ability to filter market noise and highlight clearer trends and reversals. Building on a solid foundation, this advanced indicator integrates the Hull Moving Average method, enhancing its precision and responsiveness. Alongside an intuitive alert system, it transforms raw market data into actionable trading insights, empowering traders to make more informed decisions swiftly. Learn more about

Finally, Harmonic Hybrid Pro is now available with numerous new features. It is highly recommended for utilization with Boom and Crash Synthetics. This tool generates a maximum of two orders per session and is designed to provide buy and sell signals in line with the current trend, effectively filtering out any superfluous signals. Users can optimize settings in the input section of the indicator properties. While the default configuration is suitable for Boon 500, adjustments may be necessary f

The indicator show Higher timeframe candles for ICT technical analisys Higher time frames reduce the 'noise' inherent in lower time frames, providing a clearer, more accurate picture of the market's movements. By examining higher time frames, you can better identify trends, reversals, and key areas of support and resistance. The Higher Time Frame Candles indicator overlays higher time frame data directly onto your current chart. You can easily specify the higher time frame candles yo

Do you want to know how an economic event will impact price? What will happen to price after the news? How has an economic news affected price in the past? This indicator can help you with that. Do you like technical analysis? Do you enjoy studying the tick history to predict the future? But what do you think could be more important than technical analysis, what could improve technical analysis? Of course, it's fundamental analysis! After all, economic events directly impact the market, and t

Introducing the “Symbol Cost Info MT5” indicator – your ultimate tool for staying ahead in the forex market! This innovative indicator is designed to empower traders with real-time cost information, directly on their charts. Here’s why every trader needs the “Symbol Cost Info MT5” in their arsenal: Real-Time Spread Monitoring : Keep a close eye on the spread for any currency pair, ensuring you enter the market at the most cost-effective times. Pip Value at Your Fingertips : Instantly know the v

TrendEdge Indicator Limited-time Special Opportunity: Seize the moment! Be among the first 10 (Purchasing 1/10) to seize this unique opportunity, and not only will you acquire a top-tier trading algorithm but also enjoy an exclusive discount. Don’t delay; this could be your key to trading success with just a few clicks. Grab it now and prepare to elevate your trading experience! Note: This offer is available solely to the first 10 purchasers. Don’t mis out on this one-of-a-kind chance! Descri

MACD is probably one of the most popular technical indicators out there. When the market is trending, it actually does a pretty good job, but when the market starts consolidating and moving sideways, the MACD performs not so well. SX Impulse MACD for MT4 is available   here . Impulse MACD is a modified version of MACD that works very well for trading Forex, stocks, and cryptocurrencies. It has its own unique feature which perfectly filters out the values in a moving average range and enables it

Drawing inspiration from ICT's Private Mentorship Course of 2016 (month 05) , as shared on YouTube, our innovative tool empowers traders to navigate the markets with precision. By marking out periods of 60, 40, and 20 days, it helps identify significant market movements, drawing upon the wisdom imparted by ICT. What truly sets this indicator apart is its forward casting capability, a feature that offers invaluable insights into future market behavior based on meticulous historical data analysis

Bring your trading charts to life with our innovative Metatrader Theme Builder! Our Theme Builder allows you to create a trading environment that suits your personal style and preferences. With an easy to use interface and fully integrated into Metatrader, you now have full control over the look and feel of your charts /   Free MT4 version . Features Total Customization:   Easily modify the candlestick color and chart background to reflect your unique trading style. From soft, professional to

Trend based on Extremum Levels and Volatility   indicator is a handy tool designed to help traders to identify trend break points and potential profit taking levels on different timeframes. The indicator can be used on forex, futures, stocks, indices, commodities and cryptocurrency markets. This universal indicator builds trends based on local extrema, volatility and average price deviation, providing valuable information that can be used on both small and large timeframes. The distinctiv

ATR Bands Alert is a channel indicator where the channel width is calculated as a constant multiplier ("Multiplier") and the value of the "Average True Range" indicator. Unlike Bollinger Bands, the bandwidth is not changed so often – in the ATR Bands Alert indicator, the bands often have long straight lines. The interpretation of the ATR Bands Alert is based on the fact that the price is inside the bands for most of the time, and if the price reaches one of the boundaries, it may indicate a t

Heikin Ashi candlesticks smooth out the price data to help traders spot trends and patterns in the market. By averaging the price values, these candlesticks provide a clearer visual representation, making it easier to identify trends and predict future movements without the noise of standard candlesticks. We at Minions Labs are revisiting this topic because of our fellow Swing Traders, who love Heikin Ashi. WHY SHOULD I CARE about the Smart Heikin Ashi? The Smart Heikin Ashi is an innovative

This indicator informs the user when the ATR is above a certain value defined by the user, as well as when the ATR prints a percentage increase or percentage decrease in its value, in order to offer the user information about the occurrence of spikes or drops in volatility which can be widely used within volatility-based trading systems or, especially, in Recovery Zone or Grid Hedge systems. Furthermore, as the volatility aspect is extremely determining for the success rate of any system based o

This indicator informs the user when the ATR is above a certain value defined by the user, as well as when the ATR prints a percentage increase or percentage decrease in its value, in order to offer the user information about the occurrence of spikes or drops in volatility which can be widely used within volatility-based trading systems or, especially, in Recovery Zone or Grid Hedge systems. Furthermore, as the volatility aspect is extremely determining for the success rate of any system based o

Automatically calculates and displays the pivot point line and support and resistance levels. Pivot can be calculated according to the Classic, Floor, Fibonacci, Woodie, Camarilla or DeMark formula. It is also possible to select the period for calculating the indicator. A trader can choose from daily, weekly, monthly, or user-defined periods. Range-bound traders use  pivot points  to identify reversal points. They see  pivot points  as areas where they can place their buy or sell orders.

buy sell stars  is a no repaint ,all pairs and all time frames indicator. first set control periot 500 to see signals. it need minimum 500 bars on charts. concept of indicator is wery easy. if white point on the red histogram that means sell . if white point on blue histogram that means buy.. indicator is no repaints.but some times makes drawdown. so case it need to look one upper time frame. indicator is not guarantie the win..

The outside bar indicator shows a range of inside bars and the breakout up and down from the range. The breakout is always displayed at the start of a new range and is extended until another breakout. The calculation always takes place at the start of a new candle. So it is displayed accordingly in all time frames. The colors can be customized in the options. Have Fun!

The Expert Advisor for this Indicator can be found here:  https://www.mql5.com/en/market/product/116472 Introducing the Rejection Candle MT5 Indicator, a robust tool designed to revolutionize your trading experience on the MetaTrader 5 platform. Built to pinpoint potential reversals with precision, this indicator offers unparalleled insights into market sentiment shifts, empowering traders to seize profitable opportunities with confidence. Key Features: Advanced Rejection Candle Detection: Uncov

Welcome to the future of trading! Are you ready to elevate your trading game to new heights? Introducing a groundbreaking trading indicator that is set to redefine the way you approach the markets. With its unparalleled features and cutting-edge technology, this indicator is not just another tool in your arsenal – it's your secret weapon for success. Imagine having access to real-time alerts that keep you ahead of the curve, ensuring you never miss a lucrative opportunity. Picture a tool that w

The DYJ StochasticSignalSource is displayed as two lines. The main line is called %K. The second line, called %D, is a Moving Average of %K. The %K line is usually displayed as a solid line and the %D line is usually displayed as a dotted line. There are several ways to interpret a Stochastic Oscillator. four popular methods include: Buy when the Oscillator (either %K or %D) falls below a specific level (for example, 20) . Sell when the Oscillator rises above a specific level (for example, 80)

The DYJ SignalSourceOfMACD is based on the MACD indicator. Generally, signals are generated when crossing the MACD and SIGNAL lines of the MACD indicator.  Signals to buy   are generated if the MACD line crosses over the SIGNAL line in the negative area below the MACD open level. The negative area is where the values of MACD and SIGNAL lines are below zero. The MACD open level parameter is set in pips. However, in the code it is converted as follows: MACD Open level * Instrument.PipSize. For exa

DYJ SignalSourceOfRSI is a momentum oscillator which shows price strength by comparing upward movements of Close prices to their downward movements over a selected number of periods. There are two kinds of signals provided by RSI: RSI reaching of either overbought or oversold level and then making a bit of reversal: Signals to buy are generated falling of RSI below level(30) and Signals to sell are generated rising of RSI above level(70) Falling of RSI below level(30) and then rising above level

MOST is applied on this RSI moving average with an extra default option added VAR/VIDYA (Variable Index Dynamic Moving Average) MOST added on RSI has a Moving Average of RSI and a trailing percent stop level of the Moving Average that can be adjusted by changing the length of the MA and %percent of the stop level. BUY SIGNAL when the Moving Average Line crosses above the MOST Line LONG CONDITION when the Moving Average is above the MOST SELL SIGNAL when Moving Average Line crosses belo

QuantAlgo Signal is one of our best Premium Indicators.  It was designed with an intention of giving traders clear and precise entry signals.  It's main strength is in the possibility of simulating the trades and giving you realistic results.  With this features it is incredibly simple to find the settings you like the best!  QuantAlgo Signal is very simple to use, therefore it is suitable for both beginning and experienced traders.  Features: Precise Entries Backtesting simulation

Este indicador de Média Móvel Personalizada permite aos traders visualizar a tendência do mercado utilizando diferentes métodos de cálculo e aplicação a várias séries de preços. O indicador é flexível e pode ser configurado para se adaptar a várias estratégias de trading, oferecendo suporte aos métodos de média móvel mais populares, incluindo Média Móvel Simples (SMA), Média Móvel Exponencial (EMA), Média Móvel Ponderada Linearmente (LWMA) e Média Móvel Suavizada (SMMA). Funcionalidades: Seleção

Welcome to the world of advanced trading with the CCI Multicurrency Scanner for MT5! Elevate your trading experience with our powerful MT5 indicator meticulously designed for seamless analysis and real-time insights. Key Features: Effortless CCI Scanning: Unlock the full potential of the CCI Multicurrency Scanner for MT5 by effortlessly scanning multiple currency pairs. Receive instant alerts when specific Commodity Channel Index (CCI) conditions are met, ensuring you stay ahead of market moveme

Welcome to the world of advanced trading with the MACD Multicurrency Scanner for MT5! Elevate your trading experience with our powerful MT5 indicator meticulously designed for seamless analysis and real-time insights. Key Features: Effortless MACD Scanning: Unlock the full potential of the MACD Multicurrency Scanner for MT5 by effortlessly scanning multiple currency pairs. Receive instant alerts when specific Moving Average Convergence Divergence (MACD) conditions are met, ensuring you stay ahea

This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a Blue line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT COLOR and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. https://www.mql5.com/en/market/product/115553

The Smart Sniper Entry XTREEM Spike Detector is a cutting-edge indicator specifically designed for traders who focus on the volatile Boom and Crash markets. This powerful tool detects spikes with an impressive 85% accuracy when combined with price action analysis. *Key Features:* - *High Accuracy:* 85% accuracy in detecting spikes, ensuring you can make informed trading decisions - *Market Specific:* Optimized for Boom and Crash markets, providing precise signals in these volatile environme

The "Moving Average Range Painter" is a robust MetaTrader 5 (MT5) indicator meticulously crafted to illustrate the fluctuating range between an exponential moving average (EMA) and a simple moving average (SMA) on any financial chart. This tool offers traders a comprehensive visual depiction of the price range within which an asset is oscillating. Here's a succinct interpretation of what this range signifies for technical analysis: Trend Dynamics : The range delineated by the EMA and SMA unveils

Accurate trading analysis at your fingertips: Next-generation trading analysis software Mainstream trading analysis software available on the market often provides only hourly or weekly profit and loss ratio statistics, which fail to meet the need for more precise trading analysis. However, in the real trading market, each day presents unique circumstances. Mondays are quiet, Wednesdays are active with triple overnight interest, and Fridays are exceptionally active with major data releases. Clea

Strategic Zone touched x3, x4, x5 times   |  TP1/TP2/TP3 in  points  or  value   |  Check visually your Risk/Reward ratio   |  Non-Repainting/Non-Redrawing and Non-Lagging Indicator - Ideal from both manual and robot trading - Fits all assets and all time frames After purchase,   please contact me on this channel   for recommended and personalised settings MT4  version Get our full method with BladeSCALPER  and  TrendDECODER Key Features Dynamic PowerZONES:   Instantly visualize really str

indicator is no repaint trend indicator. when white stars up to Red histogram that is probably end of long trades. when White stars up to Blue histogram that is probably end of down trades. indicator can use all pairs and lower than weekly charts, to use weekly chart need to at least 500 bars data on back.and lowering processing value 500. it is also suitable for 1m charts. indicator hold long way to go. there is not too many signals.

Critical Zones   has been created especially for manual traders looking for more accurate market entries. This indicator uses advanced algorithms to detect areas of interest by calculating the most relevant support and resistance on the chart as well as their breakouts and retests. This indicator can be configured to send alerts and notifications when potentially lucrative buy/sell opportunities are detected, allowing traders to stay on top of trading opportunities even when they are not in fro

Great utility tool where you can monitor in real time the Laverage of your account and the spread of the symbol This will know how to accurately identify the data, to be able to know, for example, if you have a Prop Firm account, to know the correct Laverage and if the spread is manipulated, etc. to make a precise lotage Combination of leverage and spread indicator. Tools for automating checking the leverage and spread on your trading account. Working in All broker forex stock. Useful to mon

Discover the power of volume analysis with our volume profile indicator for Metatrader!   /   MT4 Version Basic Volume Profile is an indicator specifically designed for manual traders looking to optimize their trading. The Volume Profile Indicator is an essential tool for any serious trader looking to better understand market behavior. With our innovative solution you can clearly and concisely visualize how trading volume is distributed across prices. This allows you to identify key areas of

ThreeLine Strike Indicator for MetaTrader 5 (MT5). This advanced tool is designed to help you identify potential reversals in the market with precision and ease. Whether you are a beginner or an experienced trader, this indicator can enhance your trading decisions and maximize your profits. Contact me after purchase for guidance  Key Features: Accurate Reversal Signals : Detect potential trend reversals based on the three-line strike pattern, a proven candlestick formation in technical analysi

The Breakout Line in technical analysis serves as a crucial tool for understanding market dynamics and potential shifts in price direction. It's designed to highlight rapid accelerations or declines in the market's trajectory. Unconventional Analysis : The Breakout Line is not your typical technical indicator; it's tailored to capture swift market movements, offering a unique perspective on price trends. Angle of the Breakout Line : The sharper the angle formed by the Breakout Line, the stronger

I'm excited to introduce you to the fifth bar on   Martin Armstrong's  Forecast Array - The Trading Cycle . This innovative tool represents a transverse form of cyclical frequency analysis, offering a unique perspective on market trends. The model employs a color-coded system for easy interpretation. In this model, green signals the ideal timing for highs, red indicates ideal lows, and yellow signifies a convergence of highs and lows occurring simultaneously. This intuitive approach allows

Breakouts with strong momentum are challenging to catch. The purpose of the Super Breakouts Monitor is to identify such market conditions. This indicator is inspired by a concept from renowned Technical Analyst Tushar Chande, who combines two highly adaptive indicators, VIDYA and the Dynamic Momentum Index (both his creations), to capture the early stages of a successful breakout. At Minions Labs, we've added our unique enhancements to adapt these great ideas for modern markets like stocks, cryp

High Low Swing (HLS) Indicator The HLS indicator is a technical analysis tool designed to identify swing highs and lows in the market, aiding swing traders in making informed decisions. It offers an adjustable "degree" parameter, allowing you to customize the sensitivity to strong price movements based on current market conditions. Features: •    Clear Buy/Sell Signals: The indicator plots signals directly on the chart, simplifying trade identification. •    Adjustable Swing Strength: The "

IDixie is an indicator which shows open and close values of the American dollar index, DXY or "Dixie". The indicator is calculated from weighted values of 6 major symbols: EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK, and USDCHF. In addition to "Dixie" values, the indicator also shows a moving average. You can set the period of the moving average. When bars of the indicator break through the moving average, this creates good opportunities to enter the market. As a rule, signals from this indicator are

This comprehensive technical indicator calculates and plots up to 3 moving averages with 3 different periods. By employing three moving averages of distinct lookback periods, the trader can confirm whether the market has indeed experienced a change in trend or whether it is merely pausing momentarily before resuming its prior state. SX Golden MA Pack  for MT4 is available   here . The shorter the moving average period, the more closely it tracks the price curve. When a security initiates an upt

Structure Blocks: a structured way to analyze market structure  This indicator is for you if you are a price action or smart money concept trader. It identifies market trends' ultimate highs and lows and intermediaries' swing lows and highs. It adjusts based on candles' body where most of the volume is, disregarding wicks. Need help or have questions? I am   Lio , don't hesitate to reach out! I am always available to respond, help, and improve.  How it works: Each block consists of a move wit

Description of work The 'MA7 Clover' indicator is based on candle shapes. Shows the 'Pin Bar' candle pattern. Detailed information about the 'MA7 Clover' indicator. Indicator settings General settings: Min body size ; Max body size ; Min nose size ; Max nose size . Message settings: Send message to the terminal (Alert) – permission to send messages to the terminal using the Alert function; Send message to the mobile terminal (Push) – permission to send messages to the mobile terminal using

This DYJ PowerSignalSource is a complete trading system based on ATR technical indicators. This indicator will analyze and record the trend intensity of each cycle and current currency pair from M1-MN DYJ PowerSignalSource creates a trend intensity and entry point signal list display by evaluating this data. When the trend percentage reaches 75% or greater, we consider it a strong currency. If the trend intensity percentage reaches 100%, we consider it the strongest, and a warning will pop up

Welcome to the next level of trading sophistication with the Bollinger Bands Scanner for MT5! Elevate your trading experience and unlock enhanced insights and efficiency with our powerful MT5 indicator. Key Features: Effortless Bollinger Bands Scanning: Seamlessly harness the power of the Bollinger Bands Scanner to scan multiple assets effortlessly. Receive instant alerts when specific Bollinger Bands conditions are met, ensuring you're always ahead of market movements. Comprehensive Dashboard I

Probability emerges to record higher prices when oscillator breaks out oscillator historical resistance level when exhibit overbought values. Since, oscillator breakout of support and resistance have similar effect as price breaks support and resistance levels, therefore, its highly advised to confirm price breakout with oscillator breakout; certainly, will have the same output in short trades. Concept is based on find swing levels which based on number of bars by each side of peak or trough - a

Bollinger Bands %  or Bollinger Bands Percentage is one of the indicators used in the Sapphire Strat Maker - EA Builder . It is calculated using the following formula: Perc = (CLOSE_PRICE - LOWER_BOLLINGER) / (UPPER_BOLLINGER - LOWER_BOLLINGER) * 100 Thus, by taking the difference between closing price to the lower band and dividing it by the difference of the upper and the lower price levels of a Bollinger Bands indicator, we can calculate this indicator. It shows how far the price is f

Probability emerges to record higher prices when oscillator breaks out oscillator historical resistance level when exhibit overbought values. Since, oscillator breakout of support and resistance have similar effect as price breaks support and resistance levels, therefore, its highly advised to confirm price breakout with oscillator breakout; certainly, will have the same output in short trades. Concept is based on find swing levels which based on number of bars by each side of peak or trough -

The MACD 2 Line Indicator is a powerful, upgraded version of the classic Moving Average Convergence Divergence (MACD) indicator. This tool is the embodiment of versatility and functionality, capable of delivering comprehensive market insights to both beginner and advanced traders. The MACD 2 Line Indicator for MQL4 offers a dynamic perspective of market momentum and direction, through clear, visually compelling charts and real-time analysis. Metatrader4 Version   |   All Products   |   Contac

This script provides a moving average tailored for use as a signal line in a moving average crossover system. The moving average will maintain a divergence from the price during ranging markets, while aligning closely with a regular moving average during trending markets. Settings Length : Period of the moving average How to Use Moving average crossover strategies often incorporate a "signal" line, a slower moving average used to gauge the overall trend. This signal line works alongside a faste

Expected Range is a great tool for understanding the possible price deviation from daily open price.  This Indicator can be interpreted as follows --> I want to identify a price level with an "x%" probability of the price revisiting it.  Then you choose these "x%" price levels and the indicator is gonna find them for you.  So for example, if you select value of 15, it means that the indicator is gonna find you a price level which has a 15% chance of price revisiting it.  You can choose up

This particular moving average adjusts to the average number of highest highs and lowest lows recorded over a defined period, thereby accommodating changes in trend strength. Utilizing this moving average in a crossover system or as dynamic support/resistance can yield compelling outcomes. Configuration: Length: Determines the indicator's period, with larger values delivering smoother outcomes. Application: The Dynamic Trend Adaptive Moving Average functions akin to conventional moving averages,