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Technical Indicators for MetaTrader 5 - 54
O indicador é uma ferramenta desenvolvida para o MetaTrader, projetada para auxiliar na análise detalhada do comportamento do preço em relação a uma média móvel específica. Ao ser anexado ao timeframe diário, o ele realiza cálculos e monitora, em timeframes menores, quantas vezes o preço toca determinados níveis de afastamento durante o dias além de calcular a média dos toques.
MT4: https://www.mql5.com/pt/market/product/111706
FREE
RCCMA is a general moving average indicator that works with ReviewCandleChart. Original is "Custom Moving Average" provided by MetaQuotes Software Corp. Based on that source code, I corresponded to ReviewCandleChart .
Advantages When ReviewCandleChart is ON, no line will be displayed on the right side from the vertical reference line. When ReviewCandleChart is ON and you press a key such as "Z" or "X" Following that, the MA is drawn. When ReviewCandleChart is OFF, the same drawing as the origin
FREE
"Moving Ratio Candle" is used to check the distance of a candle to a theoretical pressure point. Furthermore, we have two points of interest, the first for the mean and the second for the median. This indicator uses the shape of bars and the line that crosses the bar from left to right is based on the calculation of the closing price for both sides. The rest follows a more standard calculation. The same could be done as a line, but I want to know the behavior of this indicator in relation to the
FREE
KN DASHBOARD PRO – Smart Dashboard ️ Everything is displayed live on the chart: Give me a rating please
Number of open trades (Buy / Sell)
Total lot size
Daily, weekly, and monthly profit
Margin, balance, liquidity, and floating profit
Accurate real-time results monitoring system
This gives you complete control over performance without opening your trading history.
A quick breakdown of the indicator's function: This indicator displays a dashboard on the chart containin
FREE
An improved version of the standard Standard Deviation indicator.
It is now a responsive and smoothed line.
The setup is not straightforward - but I hope you can do it.
It is very easy to understand the readings of this indicator, the meaning is the same as that of the usual Standard Deviation.
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I hope this indicator will be very useful to you in successful trading.
Good luck.
FREE
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
FREE
Critical Trading, Omni-Channel This indicator lets you create a unique channel from a base type and a range type. Channels are great for spotting over-extensions or the start of new trends. With an ever changing market it is important to create your own edge in the market that no one else has. Let Omni-Channel add to your unique trading strategy. Please contact criticaltrading@outlook.com for more info or advice on adding any other functionality.
FREE
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
FREE
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)
FREE
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.
.
FREE
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.
FREE
Volatility Exhaustion Indicator User Description Volatility Exhaustion is a unique indicator that utilizes special volatility analysis technology. It identifies critical moments in the market when current activity reaches extreme levels relative to historical data. Key Features: Simple Interpretation : The indicator uses a binary signal system
Versatility : Works on any timeframe and instrument
Effectiveness : Especially useful in flat and trending markets
Visual Clarity : Clear color differe
FREE
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
FREE
This indicator saves the chart as a template when you change the symbol. It also loads the template from the new symbol. Therefore you are able to save all objects that you have drawn on the chart. It is an addition to the Watchlist Indicator.
How to use it: - Pull the indicator to the chart - The first parameter defines which timeframes are saved into one file. An example: If you do not want to see a drawn object (e.g. line) from D1 in M1 you need to specify the timeframes.
- The default valu
FREE
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
FREE
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
FREE
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
FREE
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
This indicator is based on a classic Momentum indicator. Multi TimeFrame indicator MTF-Momentum shows 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 = 14; InpappPRICE = 0; 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 (43200) All chos
This indicator shows Pin Bar candlestick pattern on the chart.
The bearish pin bars have red color, the bullish pin bars have blue color. The indicator shows alert when Pin Bar candlestick pattern is formed. It's recommended to use it at timeframes H1 and higher. The best moment (strong signal) is when Pin Bar is formed close to the support/resistance level.
This version of Stochastic evaluates the probability of taking the specified profit in points. The appropriate value is set in the parameters, and the product automatically shows possible options for the market it is currently applied to. There are much more options and the information is more extensive compared to conventional Stochastic (see the screenshots). Signals: The yellow channel is absent (flat movement, market entry is not recommended). The yellow channel is narrowing (trend is formin
Spearman Rank Correlation indicator featuring enhanced entry and reverse signals Any overbought or oversold zone can be adjusted using Cross Buy or Cross Sell levels (Option 1 = true; Cross Buy and Cross Sell are set by user, if Option 1 = false, it means that this option of generating signals is not applicable). The signals can be generated by crossing over the 0 level, this is Option 2. Please note that there are no reverse levels attached to this option. This option is set up as supplementary
Volume-Weighted Moving Average (VW-MA) is a Moving Average weighted by volume. Standard moving averages use prices and simply ignore traded volumes. Volume-Weighted Moving Average indicator responds to this. Note that unlike stock market, Foreign Exchange market is not centralized. Orders and volumes are not shared among brokers. As a consequence, volumes used in Volume-Weighted Moving Average are depending on your broker. However, ECN accounts are the solution. ECN (stands for Electronic Commun
Volume Weighted MACD Volume Weighted MACD (VW-MACD) was created by Buff Dormeier and described in his book Investing With Volume Analysis . It represents the convergence and divergence of volume-weighted price trends. The inclusion of volume allows the VW-MACD to be generally more responsive and reliable than the traditional MACD. What is MACD (Moving Average Convergence Divergence)? Moving Average Convergence Divergence was created by Gerald Appel in 1979. Standard MACD plots the difference b
This indicator is used to compare the relative strength of the trade on the chart against the other several selected symbols.
By comparing the price movement of each traded variety based on the same base day, several trend lines of different directions can be seen, reflecting the strong and weak relationship between the several different traded varieties, so that we can have a clearer understanding of the market trend. For example, you can apply this indicator on a EurUSD chart and compare it w
Tails is an indicator that predicts where the price will rebound and reach in a day candle. This indicator does not repaint and is to be used in time frames below D1. By default, the indicator will plot two support and two resistance lines. If needed, you can set the extended levels to "true" to show three support and three resistance lines. Input Parameters Extended_Levels - show extended levels in the chart; Clr_Support - color for the support lines; Clr_Resistance - color for the resistance
The indicator displays the "Three white soldiers and Three black crows" candlestick model on a chart. Three white soldiers are color in blue. Three black crows are colored in red. Input parameters: Max Bars - maximum number of bars calculated on the chart. Make Signal Alert - use alert. Type of pattern rules - use a strict model of determining the pattern (short lower shadows for the three soldiers, short upper shadows for the three crows), or a simplified model. Max Shadow Ratio - coefficient o
Только что открыли позицию, а цена резко пошла в другую сторону..Что делать? Просто потерпеть, усредниться или отстопиться (закрыться) и снова войти в сделку, но уже в противоположную сторону? Как поступить...а может просто снимать сливки и торговать по разворотным импульсам ….в этом Вам поможет и подскажет Индикатор тенденций и разворотов на базе коллекции паттернов советника ReversMartinTral https://www.mql5.com/ru/market/product/28761
который кроме рекомендаций и сигналов реверса включа
Появилось желание торговать движение, пробой на самой высокой волатильности, или запустить советника-усреднителя торговать боковик в тихой низковолатильной гавани тогда этот продукт для Вас! Индикатор анализирует 28 валютных пар (основные и кроссы) и в зависимости от выбранных настроек покажет самые высоковолатильные (max) или наоборот (min). Как измерить волатильность? Существует 2 способа. Первый это измерить рендж заданного количества последних баров (bar). Второй замерить о
The indicator displays the "Morning star" and "Evening star" patterns on a chart.
The Evening star is displayed in red or rose. The Morning star is displayed in blue or light blue.
Input Parameters: Max Bars – number of bars calculated on the chart. Make Signal Alert – use alerts. Send Push Notification - send notification to a mobile terminal Type of rules pattern – type of the model of pattern determination (Hard – with the control of length of shadows of the second bar). If Soft is selected
The indicator displays the dynamics of forming the daily range in the form of a histogram, and the average daily range for a specified period. The indicator is a useful auxiliary tool for intraday trades.
Settings N Day - period for calculation of the daily range value. Level Indefinite - level of indefiniteness. Level Confidence - level of confidence. Level Alert - alert level. When it is crossed, the alert appears.
The main purpose of the indicator is to detect and mark trade signals on the histogram of the Awesome Oscillator according to the strategies "Trading Chaos, second edition" and "New Trading Dimensions". The indicator detects and marks the following trade signals: "Two peaks" - Divergence. The signal "Second wise-man" - third consequent bar of the Awesome Oscillator after its color is changed. The histogram crosses the zero line. The signal "Saucer". The indicator includes a signal block that inf
Twiggs Money Flow Index was created by Collin Twiggs. It is derived from Chaikin Money Flow Index but uses true ranges instead of highs minus lows to prevent spikes due to gaps. It is also using a smoothing exponential moving average to prevent spikes in volumes to alter results. The exponential moving average is the one described by Welles Wilder for many of his indicators. When Twiggs Money Flow Index is above 0, players are accumulating and thus prices are subject to move higher. When Twiggs
Money Flow Index is a multiple timeframes indicator that displays the Money Flow Index of any timeframe. It helps you to focus on long term money flow before using the money flow of current timeframe. You can add as many Money Flow Index - Multiple timeframes as desired. Refer to the screenshots to see the M30 / H1 / H4 Money Flow Indexes in the same window for example.
TTMM – "Time To Make Money" – Time When Traders Makes Money on the Stock Exchanges The ТТММ trade sessions indicator displays the following information: Trade sessions: American, European, Asian and Pacific. (Note: Sessions are displayed on the previous five days and the current day only. The number of days may change depending on the holidays - they are not displayed in the terminals. The sessions are also not displayed on Saturday and Sunday). The main trading hours of the stock exchanges (tim
The professional tool of stock traders in now available on MetaTrader 5 . The Actual depth of market chart indicator visualizes the depth of market in the form of a histogram displayed on a chart, which refreshes in the real-time mode. Meet new updates according to user requests!
Now Actual Depth of Market indicator displays the current ratio of volume of buy and sell requests (B/S ratio). It shows the share of volume of each type of requests in the entire flow of requests as well as the absolu
ACPD – «Auto Candlestick Patterns Detected» - The indicator for automatic detection of candlestick patterns. The Indicator of Candlestick Patterns ACPD is Capable of: Determining 40 reversal candlestick patterns . Each signal is displayed with an arrow, direction of the arrow indicates the forecast direction of movement of the chart. Each caption of a pattern indicates: its name , the strength of the "S" signal (calculated in percentage terms using an empirical formula) that shows how close is t
AABB - Active Analyzer Bulls and Bears is created to indicate the state to what extent a candlestick is bullish or bearish. The indicator shows good results on EURUSD H4 chart with default settings. The Strategy of the Indicator When the indicator line crosses 80% level upwards, we buy. When the indicator line crosses 20% level downwards, we sell. It is important to buy or sell when a signal candlestick is formed. You should buy or sell on the first signal. It is not recommended to buy more as w
The Envelopes indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Averaging period - period of averaging. Smoothing type - type of smoothing. Can have any values of the enumeration ENUM_MA_METHOD . Option prices - price to be used. Can be Ask, Bid or (Ask+Bid)/2. Deviation of boundaries from the midline (in percents) - deviation from the main line in percentage terms. Price levels count - number of displayed price levels (no levels are displayed if
The Relative Strength Index indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: RSI Period - period of averaging. overbuying level - overbought level. overselling level - oversold level. calculated bar - number of bars on the chart for the indicator calculation. The following parameters are intended for adjusting the weight of RSI signals (from 0 to 100). You can find their description in the Signals of the Oscillator Relative Strength Index section
The Average Directional Movement Index indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. Сalculated bar - number of bars on the chart for the indicator calculation. Buffer indexes: 0 - MAIN_LINE, 1 - PLUSDI_LINE, 2 - MINUSDI_LINE.
The Moving Average Convergence/Divergence(MACD) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Fast EMA period - indicator drawn using a tick chart. Slow EMA period - slow period of averaging. Signal SMA period - period of averaging of the signal line. calculated bar - number of bars on the chart for the indicator calculation. The following parameters are intended for adjusting the weight of MACD signals (from 0 to 100). You can find their desc
The Stochastic Oscillator indicator is drawn on the tick price chart. After launching it, wait for enough ticks to come. Parameters: K period - number of single periods used for calculation of the stochastic oscillator; D period - number of single periods used for calculation of the %K Moving Average line; Slowing - period of slowing %K; Calculated bar - number of bars in the chart for calculation of the indicator. The following parameters are intended for adjusting the weight of signals of the
The Commodity Channel Index(CCI) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: period - number of single periods used for the indicator calculation. calculated bar - number of bars for the indicator calculation. The following parameters are intended for adjusting the weight of CCI signals (from 0 to 100). You can find their description in the Signals of the Commodity Channel Index section of MQL5 Reference. The oscillator has required directio
The Moving Average of Oscillator(OsMA) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Fast EMA period - fast period of averaging. Slow EMA period - slow period of averaging. Signal SMA period - period of averaging of the signal line. calculated bar - number of bars for the indicator calculation.
The Standard Deviation (StdDev) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. Method - method of averaging. calculated bar - number of bars for the indicator calculation.
This indicator is used to compare the relative strength of the trade on the chart against the other two selected symbols. By comparing the price movement of each traded variety based on the same base day, three trend lines of different directions can be seen, reflecting the strong and weak relationship between the three different traded varieties, so that we can have a clearer understanding of the market trend. For example, you can apply this indicator on a EurUSD chart and compare it with curre
The Momentum indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: period - period of the indicator calculation. levels count - number of displayed levels (no levels are displayed if set to 0) calculated bar - number of bars for the indicator calculation.
Most time the market is in a small oscillation amplitude. The Trade Area indicator helps users to recognize that time. There are 5 lines in this indicator: Area_high, Area_middle, Area_Low, SL_high and SL_low. Recommendations: When price is between Area_high and Area_Low, it's time to trade. Buy at Area_Low level and sell at Area_high level. The SL_high and SL_low lines are the levels for Stop Loss. Change the Deviations parameter to adjust SL_high and SL_low.
This indicator is used to indicate the difference between the highest and lowest prices of the K line, as well as the difference between the closing price and the opening price, so that traders can visually see the length of the K line. The number above is the difference between High and Low, and the number below is the difference between Close and Open. This indicator provides filtering function, and users can only select K lines that meet the criteria, such as positive line or negative line.
The Bulls Power indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. The number of ticks to identify high/low - number of single ticks for determining high/low. Calculated bar - number of bars for the indicator calculation. The following parameters are intended for adjusting the weight of Bulls Power signals (from 0 to 100). You can find their description in the Signals of the Bulls Power oscillator section of MQL5 Refer
The Bears Power indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. The number of ticks to identify high/low - number of single ticks for determining high/low. Calculated bar - number of bars for the indicator calculation. The following parameters are intended for adjusting the weight of Bears Power signals (from 0 to 100). You can find their description in the Signals of the Bears Power oscillator section of MQL5 Refe
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