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Technical Indicators for MetaTrader 5 - 52
I Ching 64 Hexagram Change Indicator
1. Hexagram Indicator Description: (1) This 64 Hexagram Change Indicator is based on the Yin-Yang transformation thought of the "I Ching" philosophy in ancient Chinese culture, integrating the results of the long and short game of each candlestick K-line period of the financial trading K-line chart, using China's oldest prediction coding method, in the form of the I Ching 64 hexagrams, combining the Yin-Yang of each line of the hexagram with the Yin-Yang of
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This indicator collects and systematizes the data about the spread. Its code was profiling several times and optimized in such a way that despite the presence of graphics not to slow down the work of the MT5 terminal. In addition, the indicator provides for the mode of complete invisibility (while the indicator continues to collect data and save it). Having returned to the visual display mode, you can see the work done by him.
Advantages and capabilities of the SpreadFix indicator: 1. Collects
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It is the simplest indicator in existence. It has only one function: report the seconds elapsed since the last minute end in a very convenient way, with a label that can be moved in the chart, so that the trader does not have to take his eye off the forming candle. It is used on M1, but also on larger intervals, for those interested in opening/closing positions at the best time. Sometimes an intense movement in the last 10" of the minute gives indications of future trend, and can be used for sc
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Индикатор SpreadTimeInfo
Многофункциональный индикатор для отслеживания времени сессий, спреда и торговых инструментов.
Основные возможности Отображение времени до открытия/закрытия Американской сессии Таймер обратного отсчета до закрытия текущей свечи Мониторинг спреда с визуальным предупреждением Русскоязычные названия более 100 торговых инструментов Автоматический учёт выходных и праздничных дней
Настройки индикатора
### Американская сессия - Время открытия NY (в вашем времени)
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La idea de este indicador es la siguiente: reemplazar los precios High, Low del indicador SAR por los valores del indicador Moving Average. Al final tendremos la siguiente imagen:
Es decir, el indicador SAR cambia su dirección después de tocar el indicador Moving Average.
Parámetros de entrada SAR: Step - parámetro "Step" del indicador SAR; SAR: Maximum - parámetro "Maximum" del indicador SAR; MA: Period - parámetro "período de promediación" del indicador MA; MA: Shift - parámetro "des
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This indicator is able to determine the price levels at which there was the most volume for the specified period of history. In the future, the price often bounces off such levels, and this can be successfully applied in trading. They are displayed as lines, some parameters for determining the levels can be adjusted. This indicator is simple, therefore, it does not report signals, and only builds levels on EUR/USD. Parameters
HistoryBars - the number of bars to determine the near volume levels;
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MOON 4 TREND COLORS: is a Tren indicator. I s a powerful indicator of TREND for any par and any timeframe. It doesn't requires any additional indicators for the trading setup.The indicator gives clear signals about opening and closing trades, PAINTING THE CANDLES OF COLOR IN FUNCTION OF THE SENSE OF TREND .This Indicator is a unique, high quality and affordable trading tool.
Perfect For New Traders And Expert Traders Low risk entries. For MT5 Only Great For Scalping Great For Swing Tradi
The custom Bollinger Bands Height indicator measures and displays the current state of the Bollinger Bands indicator, showing whether the bands are widening (moving away from each other) or narrowing (starting to converge). Contraction, indicated by the narrowing of the bands, suggests that the current market movement is losing momentum and hints at the potential start of a new strong movement. This can be a signal to look for an opportune moment to enter a position, as a sharp price change may
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Time your trades perfectly with the Ultimate Candle Timer . This professional tool for MetaTrader 5 gives you a precise and smooth countdown to the next candle without any lag. It's built for traders who need reliable performance and runs efficiently without slowing down your computer. Unlike other timers, it provides a steady, second-by-second countdown that works perfectly even when the market is slow.
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Take control of your trading workspace with the Switcher Dashboard – a smart and efficient tool that auto-detects all open charts (Forex, VIX, stocks) and turns them into neatly organized, color-coded buttons for instant chart switching. Key Features: One-click chart navigation – Seamlessly switch between charts with a single click. Trend visualization – Instantly identify bullish or bearish conditions with clear color cues. Flexible layout options – Choose from 4 customizable views (left, righ
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这是一个组合指标分析趋势、支撑阻力、买卖点。运用了均线MA、布林带、KDJ、CCI、RSI。 主图上下线是布林带上下线,采用的是20周期和2.3标准差可以用来支撑阻力。 中间的是分析趋势的均线,趋势分析是用均线多周期: 为涨趋势,反之为下跌趋势。在同一种颜色,基本说明趋势没有发生变化。 子图是由 KDJ、CCI、RSI三个指标组成,大于70超买,小于30超卖, 智能提示是运用了算法,主要计算布林带, KDJ、CCI、RSI指标
有三个或四个指标超出市场常态就会发出提示行情可能反转。 子图指标运用了很多数据,刚刚开始加载会有点慢,耐心等待就可以 这个指标是主图指标,还要再下我发布的RCD分析,这样就刚刚好组成一套分析 电脑分辨率的文本大小请设置100%,不然字体会不一样
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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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Introducing the "Cybercycle Trend" Forex Oscillator, a powerful technical indicator designed to enhance your trading experience in the foreign exchange market. This innovative tool utilizes advanced algorithms to identify and analyze market trends, providing you with valuable insights and helping you make informed trading decisions.
The Cybercycle Trend Forex Oscillator is specifically designed to detect and measure cyclical price movements in the forex market. By incorporating this oscillator
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Sometimes swaps are hidden for certain financial instruments , hence incurring unprecedented costs over night. The need to uncover hidden swap costs is vital for profitable trading. With that being said, this expert indicator helps the trader to uncover the hidden swap costs.
Features chart objects with text short and long trade swap plug and play
Advantages uncover hidden swaps plug and play, no other configurations are needed to use it. usable on all charts and symbols swaps can be easily s
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This is a Price Projection for Current Candle from Time Frame M15 To Weekly, It's shows Market Trends Teji (Bullish) Or Mandi (Berries). It's Show Teji High & Low for Bullish Market and Mandi High & Low for Berries Market. We can Plan Our Trade in Well Advance for our Current Open Trade. It's Generate New Data for Every New Candle. You are requested to Please Test it with demo Ac before Use in Real Trade. Please Save it to your Mql\Indicator folder and attache to your chart. if any quay Please
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Session Standard Deviation Date Range Analyzer: Evaluate the standard deviation of each bar's price (high, low, close, open, weighted, median, and typical) within defined trading sessions and date ranges, providing detailed insights into price volatility and market behavior. **Note:** When the trading platform is closed, the indicator may not load correctly. To ensure it works, you may need to load the indicator, unload it, and then load it again. **Note:** : This indicator can only be used wit
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**MA Distance Filter: Your Smart Trading Ally!** Discover the **MA Distance Filter**, a powerful MetaTrader 5 indicator designed to elevate your trading strategy! Easily spot precise **buy** and **sell** opportunities based on moving average crossovers and minimum distance thresholds.
**What it offers:** - **Striking visual signals**: Green arrows for buy and red for sell, displayed live on the latest candle. - **Dynamic moving averages**: Track the fast, slow, and optionally a third
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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. 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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Chart Candlestick scale 2 zoom will visible instead of just a tiny unrecognized line make it look neat and tidy Instruction.
If you don't like the candles colors, you can do so by changing color. read below:
-Colors must be changed in the indicator setting.
-It won't change through the Chart properties to modify.
-After changing the color, save it as template so it wont change the colors to default value.
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The Available Range Bands Technical Indicator draws two lines on the chart indicating the maximum limits (bands) expected for buying and selling for the current period (candle). These limits can be accessed by buffers 0 and 1 respectively.
In addition, it displays in the lower right corner the current average values of the real volatility, the last price, the predicted range of movement available for buying (% and points) and the predicted range of movement available for selling (% and points)
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Quickview The Quickview indicator instantly highlights asset variations, delivering crystal-clear market insights at a glance. Effortlessly track multiple assets with visual simplicity, enabling quicker, smarter, and more confident trading decisions daily. ️ Key Features Real-Time Asset Tracking: Instantly monitor multiple assets simultaneously, never missing a critical market move. Flexible and Intuitive Display: Personalize your view, displaying assets exactly as you want—clear, concise, c
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A ideia do indicador é mudar de cores assim que o candle viole a banda; Caso o candle viole a banda superior, pinta o candle de vermelho, Caso o candle viole a banda inferior , pinta o candle de verde, Se o candle passar em algum momento pela média, ele assume uma cor acinzentada; Os candles que não passem pela média, nem violem a banda, apresentarão cor verde fraca, se for de alta e cor vermelha fraca se for de baixa. Projeto concebido no canal Aprenda a programar, keltner cores.
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Session MA Created by Denis Kislitsyn | denis@kislitsyn.me | [ kislitsyn.me ]( https://kislitsyn.me/personal/algo ) Version: 1.0
SessionMA is a specialized Moving Average (MA) indicator for MetaTrader 5 that calculates the MA only on bars that fall within a specified session time window. Unlike standard MA indicators that calculate across all available bars, SessionMA filters calculations to include only the data points that occur during your defined trading session.
This indicator is particu
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Just learning how to create an indicator from this tutorial .
its just a garbage text to fill the descriptions. Hello there. Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there
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Equidistant bands indicator with calculated moving average, allows you to configure the band size and can be used freely as an entry / exit indicator. Buffer 0 = price, buffer 1 = upper band, buffer 2 = lower band. you can also configure the periods of moving averages used in the calculations and also the shift to previous bars in addition to the price that can CLOSE (default) or OPEN. Excellent for fast daily moving pairs and frequent returns.
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This indicator works by plotting fractals on the chart as arrows that can be used as buy or sell signals. It is a great tool for both new and experienced traders as it provides a clear visual representation of the market and helps traders identify fractals. Although it repaints, it can be used quite effectively in conjunction with other tools to filter trading strategies.
We use this indicator in this way in our Royal Fractals EA, which you can purchase on the MQL5 Market: https://www.mql5.com
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Product Description: Adaptive Y-Axis Scaling is a powerful MT5 indicator designed to enhance your trading experience by providing precise control over the Y-axis (price) scaling of your charts. This innovative tool allows you to customize the price scaling by specifying the number of pips from the visible chart's highs and lows. The calculated price range from this input is then used to set the maximum and minimum prices for the open chart, ensuring an optimized and comprehensive view of market
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RXTL indicator Indicator is based on ATR to calculate trend and direction bias Works on all timeframes
Required for the other EA to work accordingly Download and ensure it is placed in the Indicator folder Do inbox me for any questions
installing instructions 1) Download RXTL indicator 2) If indicator does not appear, refresh indicator tab 3) Drag indicator to active chart 4) Use it alongside with other EA
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9 Customizable MAs – for MetaTrader 5 Overview: The 9 Customizable MAs indicator is a powerful technical analysis tool designed for MetaTrader 5 , allowing users to display up to nine different moving averages simultaneously , each with fully customizable parameters . This indicator is lightweight, efficient, and has no external dependencies (no DLLs or additional libraries required). It is suitable for both advanced and beginner traders looking for a detailed reading of price dynamics. ️ How d
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Everyone knows how to analyze the market , which level to buy / sell this is an easy job , which leads to unusual horrible loses , very little few people knows WHEN then enter the market , time is Money , this is the key!!!
This version is a Proof of concept limited version of ZamanCYcles founded here: https://www.mql5.com/en/market/product/81883?source=Site +Market+Product+Page This works Only on 3 Minutes Time frame for 45 Candles Get rest of planets and more than 10 other algorithms to pred
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Many traders use Price Action as entry and exit signal. Since the beginning of chart analysis, traders have found several candlestick patterns that can indicate possible "behaviors" of the market. Candlestick Pattern indicator is an indicator for MetaTrader platform that can detect many of these patterns and show them on screen or to alert traders about them. though they detect slightly different sets of candle patterns. Candlestick Pattern indicator also has a more modern look compared
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Volume Steps (Volume as OHLC candles) Volume Steps displays volume as candlestick-style OHLC bars in a separate subwindow. Each candle compares current volume to the previous bar, making volume shifts and step-changes easier to read than standard histograms. Key features: Volume shown as OHLC candles (open = previous volume, close = current volume) Selectable volume type : Tick Volume or Real Volume (if provided by the broker) Two color modes : Match price candle direction (bull/bear) Independen
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Chronolines – Temporal Support and Resistance Levels for MetaTrader 5 Introduction to Chronolines
Chronolines is a graphical indicator designed to identify and visualize temporal support and resistance levels using the Highs and Lows of four predefined periods. It is compatible with all assets available on MetaTrader 5 , including stocks, currencies, commodities, indices, and cryptocurrencies, offering a logical and structured approach to tracking market behavior. Lines and Periods
Chronolines
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This is the MT5 version. Get Q-Math MT4 here
Check it out and if you like it just enjoy it. Try various values to find the setting that best suits your trading. Upward signal if the indicator is colored lawn green and bearish signal if the indicator is gray. You can use the line itself to trailing stop when you open orders. This is just a tool. A complement. It is not a strategy. Combine it with your own analysis Just download it and try it, it's free.
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Corretora recomendada para usar esse indicador: https://tinyurl.com/5ftaha7c Indicador que pinta o candle de amarelo em pontos de muita agressão no mercado. Sempre que o mercado for se movimentar o candle irá ficar amarelo. Valido para todos ativos e todos timeframes. SEE OUR RESULTS ON INSTAGRAM: https://www.instagram.com/diogo.cansi/ TELEGRAM GROUP = https://t.me/robosdsc More information by email dscinvestimentos@gmail.com or by Whatsapp 55-991372299
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# Power Assisted Trend Following Indicator
## Overview
The PowerIndicator is an implementation of the "Power Assisted Trend Following" methodology developed by Dr. Andreas A. Aigner and Walter Schrabmair. This indicator builds upon and improves J. Welles Wilder's trend following concepts by applying principles from signal analysis to financial markets.
The core insight of this indicator is that successful trend following requires price movements to exceed a certain threshold (typically a mul
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Description:
The PTB_MoneyFlow indicator is designed to help traders identify key price levels and potential price movements using Fibonacci retracement levels, alongside tracking recent highs and lows over both short and long periods.
Key Features:
Highs and Lows Tracking:
The indicator calculates and plots the highest and lowest prices over two user-defined lookback periods:
Short Lookback Period: Default is 3 bars.
Long Lookback Period: Default is 144 bars.
These levels are plotted
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Realized Volatility Indicator Description The Realized Volatility Indicator measures the actual volatility observed in the market over a specified period.
Unlike implied volatility (which is based on options pricing), realized volatility is based directly on historical price movements, offering a pure and objective view of market turbulence. This indicator can be used to: Assess market conditions, Optimize risk management, Fine-tune trading strategies based on volatility behavior. Key Features
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SuperTrend Indicator Code Description This code defines a custom indicator for the MetaTrader 5 platform called SuperTrend. The indicator is based on the Average True Range (ATR) to identify upward and downward trends in the market. Code Sections: Indicator Information: Defines the indicator's name, copyright, link, version, etc. Configures the indicator to be displayed in a separate window and have 9 internal buffers and 2 visible plots. Sets the properties of the plots (name, drawing type, col
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MultiTimeAnchor MA is your new ally to analyze the market in a smarter and easier way! This free indicator shows three different moving averages , each adjusted to a unique time period. This means you can see how the market behaves in short, medium, and long-term —all at once, without switching between charts. You can choose between several types of moving averages, such as the simple moving average, exponential moving average, smoothed moving average, and weighted moving average. You can also d
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Simple. Informative. Instantly Visible on Your Chart. Alwinson Active Trades Info is a lightweight custom indicator that displays a real-time summary of your currently open trades —right on your chart. No more switching tabs just to see what pairs are active and how much lot size is in play.
Alwinson Active Trades Info is also available for the MetaTrader 4 (MT4) version (please check on my other products) .
Key Features: Displays a list of all symbols with open positions in your trading acc
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The indicator draws a colored histogram from comparisons of the strengths of bulls and bears.
It works like this:
The values of two indicators Bears and Bulls are taken, who is stronger on the candlestick is compared, the column is filled in. It's all.
.
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Standard PVSR is based on Pivot Points.
Steps to Setup the Indicator: Install the Custom Indicator; Set all the Lines Color, Width and Styles; Set visualization to All Timeframe; and DONE
It can be used for: All Pairs: Forex, Cryptocurrencies, Metals, Stocks, Indices etc. All Timeframe All Brokers All type of Trading Style like Scalping, Swing, Intraday, Short-Term, Long-Term etc. Multiple Chart
-->> For any Type of Support, Guidance, Setup Issue, EA Optimization, Input Setup etc. etc
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Not everyone can write an indicator. But anyone can have an idea. The indicator Universal Main Window Free MT5 , which takes as an input parameter the formula by which the indicator line will be drawn, will help to implement it. This indicator is intended for use in the main chart window.
All indicators of the series Universal :
Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate Window Fre
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On Off Trade On Off Trade — это индикатор для MetaTrader 5, который выводит прямо на график статус рынка и расписание торговых сессий. Возможности: Показывает, открыт ли рынок сейчас ( СТАТУС: РЫНОК ОТКРЫТ / ЗАКРЫТ ). Отображает активную торговую сессию: время начала и окончания. Если рынок закрыт — указывает, когда начнётся следующая сессия. По желанию можно включить полное расписание всех сессий на неделю с подсветкой текущего дня и активной сессии. Автоматическое обновление данных кажды
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Pivot Points are used by Forex traders to find support and resistance levels based on the previous day's price action. There are various ways to calculate pivot points, including averaging the open, high, low, and close of the previous day's chart price.
Forex Traders use a combination of pivot points with moving averages to find trading opportunities in the currency markets.
Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resist
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CandleIntelligence MTF MA Combined Pro v3.22 - Professional Japanese Candlestick Analysis System What Is This Indicator? CandleIntelligence MTF MA Combined Pro is an advanced educational tool combining candlestick pattern analysis with Moving Average context across multiple timeframes. The indicator recognizes 11 key Japanese candlestick formations and presents them in the context of market trend, Swing High/Low levels, and position relative to moving averages. Main Features 1. Candlestick
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Automate Your Strategy! Use the Daily Drop Analyzer Expert Advisor to automatically execute the strategy, with configurable filters, parameters, and order management.
Check it out here: Daily Drop Analyzer EA
The Step Analysis Indicator performs an automated backtest of a simple daily strategy: buy when the price drops a certain percentage from the previous close and sell at the same day's close (or vice versa for short strategy). It tests multiple entry percentages ("steps") and displays the
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The indicator paints the candlesticks of the chart in colors calculated from the values of the strengths of the bulls and bears.
It works like this:
The values of the two indicators Bears and Bulls are taken, and who is stronger on the candlestick is compared. It's all.
.
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Not everyone can write an indicator. But anyone can have an idea. The indicator Universal Separate Window Free MT5 , which takes as an input parameter the formula by which the indicator line will be drawn, will help to implement it. This indicator is intended for use in the separate chart window.
All indicators of the series Universal :
Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate Wi
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Display the date, time and price according to the movement of the mouse cursor on the chart This is useful for discretionary trading.
It is an indispensable tool for verifying and studying past market prices and trades. Characteristic Date,Time and Price are displayed.
The value follows the movement of the mouse.
You can change the color of the text. Please refer to the video on youtube. For MT5 only.
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The Chandelier Exit, introduced by Charles LeBeau, is described in "Come into My Trading Room" book.
It calculates each stop on a long position in an uptrend from the highest point reached during that rally, and gets its name from the chandelier, which hangs from the highest point in the room. The Chandelier Exit uses a multiple of the Average True Range (ATR), subtracting it from the highest high since the trade was entered. It creates a new trade whenever the previous trade is stopped out. Cha
One of the key rules in trading is never move your stops in such a way that your risk increases. Our stop sequence shows the automatic tightening of stops. They appear as a series of decreasing risk points until the trade is eventually stopped out.
The problem is that if you enter a trade at any other point than the initial dot of the sequence, you may be placing the stop too close. Stop-entry plots show you the initial value for the stop for each bar. You can use them when you put on a trade, a
The Chandelier Exit, introduced by Charles LeBeau, is described in "Come into My Trading Room" book. It calculates each stop on a short position in a downtrend from the lowest point reached during that decline. The Chandelier Exit uses a multiple of the Average True Range (ATR), adding it to the lowest low since the trade was entered. It creates a new trade whenever the previous trade is stopped out. Chandelier Stops differ from traditional stops by having the ability to move against you if the
One of the key rules in trading is never move your stops in such a way that your risk increases. Our stop sequence shows the automatic tightening of stops. They appear as a series of decreasing risk points until the trade is eventually stopped out.
The problem is that if you enter a trade at any other point than the initial dot of the sequence, you may be placing the stop too close. Stop-entry plots show you the initial value for the stop for each bar. You can use them when you put on a trade, a
Elder-Ray is made of both Bulls Power and Bears Power as described in "Come into my Trading Room" book. It is tracking the relative power of bulls and bears by measuring how far the high and the low of each bar get away from the average price. Elder-ray is an indicator developed by Dr. Elder and named for its similarity to x-rays. It shows the structure of bullish and bearish power below the surface of the markets. Elder-ray combines a trendfollowing moving average with two oscillators to show w
The MACD XOver indicator was developed by John Bruns to predict the price point at which MACD Histogram will reverse the direction of its slope.
The indicator is plotted one day ahead into the future, allowing, if your strategy depends on MACD Histogram, to predict its reversal point for tomorrow (or the next bar in any timeframe). If the closing price tomorrow is above the value of this indicator, then MACD Histogram will tick up. If the closing price tomorrow is below the value of this indicat
The Market Thermometer is described in "Come into my Trading Room" book. It measures the degree of volatility, as reflected in greater or smaller intraday ranges. When the Market Temperature spikes above its average or stays below its average for a number of days, it gives trading signals, as described in the book. Parameters: Thermometer_EMA_Length (22) – The length of the moving average of the Market Temperature. The default 22, the average number of trading days in a month. Spike_Alert_Facto
SafeZone is a method for setting stops on the basis of recent volatility, outside the level of market noise. It is described in "Come into my Trading Room" book. In an uptrend, SafeZone defines noise as that portion of the current bar that extends below the low of the previous bar, going against the prevailing trend. It averages the noise level over a period of time and multiplies it by a trader-selected factor.
For long trades, SafeZone subtracts the average noise level, multiplied by a factor
One of the key rules in trading is never move your stops in such a way that your risk increases. Our stop sequence shows the automatic tightening of stops. They appear as a series of decreasing risk points until the trade is eventually stopped out.
The problem is that if you enter a trade at any other point than the initial dot of the sequence, you may be placing the stop too close. Stop-entry plots show you the initial value for the stop for each bar. You can use them when you put on a trade,
SafeZone is a method for setting stops on the basis of recent volatility, outside the level of market noise. It is described in "Come into my Trading Room" book.
In a downtrend, SafeZone defines noise as the portion of the current bar that extends above the high of the previous bar, against the downtrend. It averages the noise level over a period of time and multiplies it by a trader-selected factor. For short trades, it adds the average noise level, multiplied by a factor, to the latest high t
One of the key rules in trading is never move your stops in such a way that your risk increases. Our stop sequence shows the automatic tightening of stops. They appear as a series of decreasing risk points until the trade is eventually stopped out.
The problem is that if you enter a trade at any other point than the initial dot of the sequence, you may be placing the stop too close. Stop-entry plots show you the initial value for the stop for each bar. You can use them when you put on a trade,
The Smoothed ROC indicator, developed by Fred Schutzman, is described in "Trading for a Living" book. It is created by calculating the rate of change for an exponential moving average of closing prices. When it changes direction, it helps identify and confirm trend changes. Parameters Smoothing_EMA_Length (13) – The length of the EMA used for smoothing; ROC_Period (21) – The length of the rate of change calculation.
The Reverse Bar indicator paints the reversal bars according to trade strategy, described by Bill Williams in "Trading Chaos. Maximize Profits with Proven Technical Techniques" book. The bearish reversal bar has red or pink color (red-stronger signal) The bullish reversal bar has blue or light blue color(blue - stronger signal) It is recommended to use it on hourly timeframe (H1) and higher.
This scalper indicator shows the moments, when you can safely earn 10 point profit with risk only 2 points. It allows greatly increase the deposit during the day, if properly money management used.
The indicator has only one input parameter - number of bars, used for the calculation of trend. When the signal appeared, place pending order at the price, 2 points higher than the current price (for buy) or 2 points lower current price for sell. Stop Loss - 2-3 points; Take Profit - from 10 ponts; Re
Traders Dynamic Index (TDI) - Overview
The Traders Dynamic Index (TDI) is a versatile indicator based on the RSI oscillator. It helps traders identify market conditions and potential reversals. The TDI combines multiple indicators into one, providing a comprehensive view of market dynamics.
Components: - Green line: RSI Price Line - Red line: Trade Signal Line - Blue fill: Volatility Band - Yellow line: Market Base Line
Visual Signals: 1. Trend Direction: - Immediate: - Green over
This is a trend indicator, as you can see here. When the white line is above the red, it means a bull market. Conversely, the white line below the red line is a bear market. This index is suitable for long - term trading and is suitable for most trading varieties. --------------------------------------------------------------------------------------------
This indicator let user clearly see Buy/Sell signals. When a bar is closed and conditions meet, arrow signal will come up at Close Price, up is Buy and down is Sell. It works on all Timeframes. And you can set sound alert when signals come up.
This indicator is based on a classic Moving Average indicator. Moving averages help us to first define the trend and second, to recognize changes in the trend. Multi TimeFrame indicator MTF-MA shows MA data from the 4 timeframes by your choice. By default this indicator has external parameters: TF1 = 1; TimeFrame2b = true; TF2 = 5; TimeFrame3b = true; TF3 = 15; TimeFrame4b = true; TF4 = 60; InpPSARStep = 0.02; InpPSARMaximum = 0.2; You can change TF1-TF4 in the next limits: TF1 from M1 (1) to H4
This indicator is based on a classic Commodity Channel Index (CCI) indicator. Multi TimeFrame indicator MTF-CCI shows CCI data from the 4 timeframes by your choice. By default this indicator has external parameters: TF1 = 1; TimeFrame2b = true; TF2 = 5; TimeFrame3b = true; TF3 = 15; TimeFrame4b = true; TF4 = 60; InpPeriod = 13; InpPRICE = 5; You can change TF1-TF4 in the next limits: TF1 from M1 (1) to H4 (240) TF2 from M5 (5) to D1 (1440) TF3 from M15 (15) to W1 (10080) TF4 from M30 (30) to MN1
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