The green line shows the direction and the strength of the trend while the red line shows the strength and the direction of the counter-trend. The lines usually agree, making a horizontally mirrored movement. In this case the best thing to do is simply follow the trend. When they disagree, moving in the same direction or being at different distances from the central axis, real opportunities of possible reversals appear.
Ghost candle indicator draws the upcoming candle with forecast parameters on the chart's main window. The candle is formed from rectangle and trendline graphical objects. The candle parameters are calculated based on the results of comparison between the last formed candle with the previous ones (their amount is determined by the Period parameter). The indicator inputs also include colors of bullish and bearish candles displayed by the indicator.
SSACD - Singular Spectrum Average Convergence/Divergence This is an analogue of the MACD indicator based on the Caterpillar-SSA (Singular Spectrum Analysis) method. Limited version of the SSACD Forecast indicator. Limitations include the set of parameters and their range. Specificity of the method The Caterpillar-SSA is an effective method to handle non-stationary time series with unknown internal structure. The method allows to find the previously unknown periodicities of the series and mak
This is an ordinary MACD indicator displayed in the main window according to the selected chart style, i.e. Bars, Candlesticks or Line. When you switch the chart type, the indicator display also changes. Unfortunately I could not improve the chart type switching speed. After switching, there are delays before the arrival of a new tick. The indicator parameters Fast EMA period Slow EMA period Signal SMA period Applied price
Highly configurable Williams Percent Range indicator. Features: Alert functions. Multi timeframe ability (lower and higher TF also). Color customization. Linear interpolation and histogram mode options. Works on strategy tester in multi timeframe mode (at weekend without ticks also). Adjustable Levels. Parameters: Williams %R Timeframe: You can set the lower/higher timeframes for Williams %R.Bar Shift for Lower Timeframe: Shift left or right the lower timeframe's candle.Williams %R Period: Wi
Highly configurable Osma indicator. Features: Alert functions. Multi timeframe ability (lower and higher TF also). Color customization. Linear interpolation and histogram mode options. Works on strategy tester in multi timeframe mode (at weekend without ticks also). Adjustable Levels. Parameters: Osma Timeframe: You can set the lower/higher timeframes for Osma.Bar Shift for Lower Timeframe: Shift left or right the lower timeframe's candle.Osma Period, Osma Slow EMA, Osma SMA: Osma parameters.
Trading Sessions Pro Demo is a demo version of the indicator of trade sessions. Limitations of the demo version: no alert on trade session opening, works on USDCAD only. Main Advantages The indicator allows you to conveniently manage display of trading sessions on the chart. There is no need to enter the settings each time. Just click the necessary trading session in the lower window and it is highlighted by the rectangle on the chart!The indicator has two modes of defining the trading termi
The indicator shows specified round levels and sublevels on the chart. Round levels are shown in thicker lines and may be marked by price labels. Input Parameters Show Labels – show price labels.Number Lines above and below – the number of lines above and below the current level.Main Levels – the distance between the main levels.Color Main Line – the color of the main levels.Style Main Line – line style of the main levels.Show Sublevels – show sublevels on the chart.Sublevels – the distance be
PipTick VWATR indicator is a helpful tool for measuring of activity of the market. It is based on the idea of the Volume-Weighted ATR. The combination of these two elements helps to identify potential turning points or breakout opportunities. The indicator for the classification of the activity of the market uses moving average and its multiples. Accordingly, where the VWATR bar is located (relative to the moving average), it is labeled as ultra low, low, average, high, very high or ultra high.
The indicator differs from the classic Fractals indicator by the availability of displaying from one to seven fractal curves (SinFractal) in the additional chart window, which are based on 7 different timeframes and their resulting curve(SinFractal R). Thanks to the applied sine transforms, the values of the curves located within a strictly limited range: from -100 to +100. Settings allow to disable the curves which are not necessary for the trader's strategies. For ease of perception, the addit
It is an analogue of the indicator of levels at https://www.mql5.com/en/market/product/24273 for the MetaTrader 5 platform. The indicator shows the levels of the past month, week and day. In addition, it draws a level in percentage relative to the difference between the High and Low of the past month and week. For the daily levels of the past day, the Close levels are additionally displayed. All you need to do is to configure the display parameters of the levels to your liking. In some cases, af
The Trail Stops Point indicator shows the deviation from the current price by a certain distance. It has been developed as an additional indicator for Trail Stops by Custom Indicator, to provide a simple trailing of a position stop loss at a specified distance in points. Indicator Parameters Distance - trailing stop distance in points.Buffer numbers: 0 - Support, 1 - Resistance.
Indicator for scalping trading system. Dynamic exponential levels of three periods of support or resistance price, as indicated by the short-term trend. Adjustable width of the price channel (invert overbought and oversold levels). The default settings for the EURUSD. Indication trading situation in periods of M1 and M5 at the same time on the same graph regardless of the timeframe.
The EnvelopesZonesMT5 indicator is a combination of two Envelopes indicators. As a result several zones are formed. The first zone is limited by two slow lines (red and blue color). This is zone 1 in the screenshot. It represents a terminator of upward and downward trends. The second zone has blue color. This is zone 2 in the screenshot. This zone has an affirmative function. When the price is located below the first zone and the blue zone, it indicates a downward trend. When the price is loca
A simple indicator that shows the Close levels of the US and European sessions. Parameters AmericaTime - closing time of the US Session. EuropeanTime - closing time of the European Session. ColorAmerica - color of the US session level. ColorEuropa - color of the European session level. HotKey1 - code of the key for displaying/hiding the US Close levels HotKey2 - code of the key for displaying/hiding the Europe Close levels GetKeyCode - if true, the code of the pressed key
Modification of the ATR indicator. The following changes have been made: Calculation is performed in a relative scale, and not absolute; Data for volatility calculation are obtained not by simple averaging, but using weighed averaging; The maximum and minimum boundaries of the volatility for the specified period are displayed; Introduces areas of high and low volatility. Input parameters ATR Period - period for the indicator calculation; ATR Range - period for calculation
RSI talking, use all your senses while trading! The idea When trading your eyes might be very stressed. Therefore I programmed the RSItalking. Trade what you see and what you hear! Function This indicator says "rsioverbought" when rsi is over a threshold value (default 75%) and "rsioversold" if it is under a lower threshold (default 25%). When you keep a long position be adviced to realize profit when the indicator tells you "rsioverbought" and vice versa. You will find an explanation of t
When we talk aboutsupport and resistance line in facttalk about one of very important objectson all market , base of this indicator is good looking to activity of supportResistance ,Close and logically relative between them , First of all I explain base of calculate support resistance: After a candle close, we have several support and resistancedepend on High, Low, close and open on calculate so! In our indicator every candle have 5 line (Usually base isdefault up trend for sup & Res)
Close points is very important objects in all of markets , when Trader or analysis have all time Close together , can decided quickly and correctly! at this indicator Close's price number sets depend on Time series . deep on 2 priors candles in all time ( for e.g. 2 prior candle of 1 minute or 5 minute) and compare is easy here ! this indicator show all support and resistance calculate on different times at a glance! ,free of depend any exclusive charts (Trends) like S
This indicator shows the history of spread. It display minimum, maximum and average spread for each candle. Current spread is shown in brackets. Green line shows minimum spread.Red line shows maximum spread.Yellow line shows average spread.Note: Spread Meter shows minimum, maximum and average spread only for the period of time, when it has been running. For all previous candles only the yellow line is displayed based on historical spread.
Moving Average with an additional price label. Settings Period MA - period of МА; Shift MA - shift of МА; Method MA - type of smoothing; Show Price Label - show price label; Price MA - price used for calculation; Show Hint Label - show hints; Color Label - color for displaying the price; Size Label - size of the price label.For the price label to be displayed correctly, the Price MA parameter must always match the type of calculation of the Moving Average. On default, the indicator is
The RSI BB ANALYTICS uses BB lines as thresholds for a parametric OnChart RSI line. Since BB and RSI helps detect the same signals (oversold/overbought situations), this hybrid indicator will help timing Bollinger Bands and enjoy more the RSI power with respect to volatility. We recommend using an accepted risk level of 1%. Which means approximately 30% of the price will be out of the BB for the given period (20). Using our Onchart RSI line with a period of 4 will help entering positions
Introduction to GARCH Improved Nelder Mead Algorithm GARCH is the short initial for Generalized Autoregressive Conditional Heteroskedasticity and it is the volatility prediction model commonly used in financial industry. GARCH model was first appeared in the work by Danish Economist, Tim Peter Bollerslev in 1986. The 2003 Nobel Prize winner, Robert F Engle also added much contribution for the refinement of GARCH model with Tim’s work. Our GARCH INM predictor took the original method of Nelder M
Smooth Fractal Average expands criteria of defining a support or a resistance level based on Moving Averages (EMA, SMA, SSMA, LWMA) for the high price and the low price. When an increasing moving average of the high price changes towards down then immediately a resistance level is defined. Similarly for a moving average of the low price, the support levels are established when the low price moving average pretends to increase. Therefore, after a change of slope in the MA of the high/low price
Fractals Direction is quite a simple indicator. It fixes the change of the current trend when the fractal is broken through. But not every breakthrough is suitable for plotting this indicator. Let's review the following example: "Suppose that we fixed a breakthrough of the nearest upper fractal. It indicates that the trend still has potential to further growth. Further breakthroughs of upper fractals make no difference to us, as they do not indicate the trend change. We can talk about a downwar
The demo version of the indicator does not display data on last 25 bars but is perfect for testing. The oscillator uses data of standard indicators and some patterns of price movement. Using this data, it forms its own (more accurate) signals of a change in the direction of the price movement. Prise Reversal helps to identify reversal points during the flat, and the price extremums during the trend. At these points, you can enter counter trend with a short take profit. Besides, it indicates t
The demo version of the indicator does not display data on last 25 bars but is perfect for testing. The Turning point of price indicator displays assumed turning points of the price on the chart. It is based on data of the Prise Reversal oscillator and standard ADX. When the value of Prise Reversal is in overbought or oversold area (area size is set by a user), and the value of the ADX main line exceeds the preset value, the Turning point of price indicator draws an arrow pointed to the further
KForce Indicator depicts points in which prices are away from the normal movement. It does that by classifying the strength of a movement in three different ways: Light, Medium and Strong. Yellow bars represent light movements, which indicates that prices are slightly cheaper or more expensive than usual. Usually yellow bars are not a strong signal. Orange bars represent movements of medium force. It is a good indication that prices are far way from the average, and might be considered a good e
D-Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator is based on DEMA (Double Exponential Moving Average). The advantage of DEMA is that it eliminates false signals at the saw-toothed price movement and allows saving a position at a strong trend. The indicator can work on any timeframe, though H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the average li
This indicator draws: 1 Kijun Sen + 3 Envelopes + 7 Price LabelsThe Kijun Sen, Envelope/s and Price Labels can be hidden as required. Envelopes can be used to identify: Price ranging; Overbought price levels; Oversold price levels; Take Profit levels; Stop Loss levels.All parameter changes can be permanently saved and loaded via the Save and Load buttons in the Inputs tab. The Color tab offers limited and temporary change that expires on chart close or timeframe change, unless perma
This indicator gives full information about the market state: strength and direction of a trend, volatility and price movement channel. It has two graphical components: Histogram: the size and the color of a bar show the strength and direction of a trend. Positive values show an ascending trend and negative values - a descending trend. Green bar is for up motion, red one - for down motion, and the yellow one means no trend. Signal line is the value of the histogram (you can enable divergenc
The indicator searches for the Rails PriceAction pattern. The pattern consists of two adjacent oppositely directed bars. Open and Close prices of the two adjacent bars included in the pattern should be located close to each other. It is desirable that the candlestick shadows are small enough. For the bearish pattern (the pattern's right candle is a bearish one), SellStop pending order is placed slightly below the pattern's Low. The initial stop is placed slightly above the pattern's High. For
This is a demo version of the Price Action Full indicator. It has limitations on operation. This indicator looks for 3 rather strong patterns: Spinning Top pattern Hammer or Hanging Man Inverted Hammer or Shooting StarThese patterns may indicate a trend continuation or its reversal, depending on the location of the patterns. Input parameters Zero - consider candles without a body Multiplier for hammerhigh - multiplier for the larger shadow of the Hammer Multiplier for ham
LevelPAttern MT5 - технический индикатор, основанный на дневных уровнях и паттернах Price Action. В основе индикатора лежит стандартный индикатор ZigZag+разворотные свечные модели такие как "Звезда", "Молот" - он же пин-бар, "Поглощение", и другие. При формировании паттерна и касании ценой уровня, индикатор выдает звуковое и текстовое уведомление. Поддерживается отправка уведомлений на электронную почту и push-уведомлений на мобильные устройства. Особенности работы индикатора Подходит для
This indicator colors the bars of the main chart as opposite to the standard MFI, which is displayed in a separate window. First of all, such representation makes it easier to locate key points connected with specific values of MFI. In addition, the standard MFI has a problem. There may appear too big values of MFI changing the graph scale so that the small values become invisible. And this problem is solved by coloring the bars.
The alternative representation of a price chart (a time series) on the screen. Strictly speaking, this is not an indicator but an alternative way of visual interpretation of prices along with conventional ones - bars, candlesticks and lines. Currently, I use only this representation of prices on charts in my analysis and trading activity. In this visual mode, we can clearly see the weighted average price value (time interval's "gravity center") and up/down dispersion range. A point stands fo
ZigZag rsi MT5 - as the name implies, this is the ZigZag indicator based on the RSI oscillator. Its logic is pretty simple. When the RSI TrendMT5 indicator informs about trend change, we search High/Low prices on the part of the previous trend. When this price level is found, it is marked by the ZigZag rsi MT5 indicator. Settings: period - period of RSI TrendMT5.
F-Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator is based on FRAMA (Fractal Adaptive Moving Average). The FRAMA follows strong trend movements and slows down significantly during price consolidation. The indicator is able to work on any timeframes, but H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the middle line. The upper and lower lines can serve
The CCI Crossing indicator displays the intersection of two CCI (Commodity Channel Index) indicators - fast and slow - in a separate window. The intersection area is filled in blue, when the fast CCI is above the slow CCI. The intersection area is filled in red, when the fast CCI is below the slow CCI. This indicator is a convenient tool for measuring the deviations of the current price from the statistically average price and identifying overbought and oversold levels. The indicator can wor
The DEMA Trend indicator is based on two DEMA (Double Exponential Moving Average) - fast and slow. The advantage of the DEMA moving average is that it eliminates false signals at the saw-toothed price movement and allows saving a position at a strong trend. The indicator allows determining the direction and strength of the trend, and it can work on any timeframe. Uptrends are shown by blue color of the indicator line, downtrends by the red color. Close a short position and open a long one if
This tick indicator draws synthetic bars/candlesticks that contain a definite number of ticks. Parameters: option prices - price option. It can be Bid, Ask or (Ask+Bid)/2. the number of ticks to identify Bar - number of ticks that form OHLC. price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). calculated bar - number of bars on the chart.Buffer indexes: 0 - OPEN, 1 - HIGH, 2 - LOW, 3 - CLOSE.
What about joining your market expertise and intuition with algorithms coded as visual maps? The discovery power: in our opinion, the best strategies are created when traders see what other traders don't see. So, the concept of these visual maps is bringing new trading vision and ideas to improve your market and strategic vision. From quantitative to qualitative: new trading technologies brings each time more quantitative information. But the main idea of this MT5 indicator is the other way ar
The program allows to find candle combinations, which is the most similar to the selected one, in past and make a forecast basing on these parts of the chart. Working with this application is easy - select interested bar sequence on the chart ("sample"), and the program will find parts on the chart similar to this sequence ("patterns") and apply them on current prices. This is a free and absolutely functional version. Works on symbols which have "EURUSD" in their names. You can purchase paid
To access the full version, please re-direct to this LINK. To access the single pair version, please re-direct to this LINK. Price is likely to pullback or breakout at important support and/or resistance. This dashboard is designed to help you monitor these critical support and resistance area. Once price moves close to these important support and resistance within the warning area (warning area range is adjustable), alert or notification would be sent out, and indicator panel will be repainte
The Bollinger BandWidth is the numerical difference between the value of the upper Bollinger Band and the lower Bollinger Band. As volatility increases and the Bollinger Bands get wider, the BandWidth indicator value will increase. As volatility decreases and the Bollinger Bands get closer, the BandWidth indicator value will decrease. The BandWidth indicator helps show volatility as it increases and decreases. Typical use is to find times of low volatility that start to breakout as the pr
Usage. The Spread Record indicator displays spread for each price bar as a bar graph. It uses five variables as spread values: Spread level at the bar opening; Maximum spread level reached during the bar; Minimum spread level reached during the bar; Spread level at the bar closing; Average spread level within the bar (displayed as a green dot on the corresponding level of the bar)This version of the indicator is free of charge and available for everyone. It does not remember spread values
The indicator is looking for a Price Action double bar reversal pattern. A double bar with similar Lows and higher Close - DBLHC (bullish setup) A double bar with similar Highs and lower Close - DBHLC (bearish setup)A pattern may consist of two, three or even four bars. It is believed that the more bars form a pattern, the stronger it is. The indicator has five configurable parameters: The difference between adjacent high or low - difference between High and Low of adjacent bars form
This indicator plots TICK Chart This indicator displays ticks (doesn't display volume) you can only group Trade Ticks, BID/ASK changes aren't allowed, but it can be displayed as dotted lines DATE/TIME X Axis isn't synchronized with MT5 date/time X Axis, MT5 don't allow 2 X axis with different times Some Parameters Information: copyTypeEnum - select if it will copy ticks with TRADE, ALL or BID/ASK change tickTypeEnum - select if the ticks will be grouped by same type (price, time, buy/
To access the full version, please re-direct to this LINK. To access the dashboard version, please re-direct to this LINK. Critical Support and Resistance Demo is the demo version of Critical Support and Resistancewhichhave full functionalities of the paid version, except only Pivot R1/R2/R3 and Daily Open will be triggered for alert and/or notification (full version has more critical support and resistance such as pivot support1/2/3, pivot resistance1/2/3, daily/weekly/monthly pivot, daily op
Introduction MT5 ships with the Envelopes indicator. This indicator allows youto create equidistant bands from a moving average by specifying a“deviation.” Unfortunately, the deviation is an arbitrary number.You might determine that 0.220 works well to contain 95% of closeprices for USDCHF,H1, but when you change the period to H4, most ofthe bars are now outside the bands. So, I created this self-tuning indicator. Instead of specifying apercent “deviation,” you specify the percent of bars you
In this indicator you can change the main MA period, the MA type and the type of prices used in MA. Buy when a candlestick closes above the upper band. Sell when a candlestick closes below the lower band. Use very conservative stop loss and 3-4 times higher take profit. Note: Please use the indicator with MACD.
Trajecta Magic is a Trading Signal Indicator Platform using evolutionary, non-repainting, and self adjusted algorithms of Trajecta Labs. Trajecta Magic Signals: 1-Smart, 2-Trend, 3-Breaker, 4-Dynamo, 5-Destiny, 6-Mind, 7-Coin, 8-Card, 9-Illusion, 10-Secret Exclusive Advantages of Platform Version: Backtesting: from 2,000 bars to 50,000 bars Fast signal selection: 10 signals to test for each timeframe Panel personalization: adjustment of panel mode of exhibition Description of the Plat
The indicator shows price changes in a conditional price channel as a four-color histogram. The indicator values can be additionally smoothed. Parameters Calculation period - range values' calculation period Smoothing period - smoothing period Smoothing method - smoothing method Current value koefficient - ratio defining the influence of a current value over a total resultPrevious value koefficient - ratio defining the influence of a previous value over a total result
ReviewCandleChart is a unique product that can verify past price fluctuations using candlestick charts. This indicator accurately reproduces market price fluctuations in the past and can make trading decisions (entries, profits, loss cut) many times so that you can learn the trading faster. ReviewCandleCahrt is the best indicator to improve trading skills. ReviewCandleCahrt caters to both beginners and advanced traders. Advantages of the indicator This Indicator for verifying price fluc
Индикатор представляет собой дважды с глаженый индекс относительной силы(RSI) с оповещением сигналов для принятия торговых решений. Индикатор следует за ценой, его значения колеблются от 0 до 100. Область применения индикатора такая же и как и обычного индикатора RSI. Описание настроек индикатора: Period_1 - период для вычисления индексаPeriod_2 - первичный период сглаживания индикатораPeriod_3 - вторичный период сглаживания индикатораMAMethod - метод сглаживанияAppliedPrice - ценовая констант
Highly configurable Momentum indicator. Features: Alert functions. Multi timeframe ability (lower and higher TF also). Color customization. Linear interpolation and histogram mode options. Works on strategy tester in multi timeframe mode (at weekend without ticks also). Adjustable Levels. Parameters: Momentum Timeframe: You can set the lower/higher timeframes for Momentum.Bar Shift for Lower Timeframe: Shift left or right the lower timeframe's candle.Momentum Period: Momentum parameters.Appli
Awesome Oscillator D The Awesome Oscillator D is a modified version of Awesome Oscillator. Awesome Oscillator or AO is one of Bill Williams indicators and is a momentum measurement tool ussing two Simple Moving Averages of 34 and 5 periods. AO is a powerful indicator to reveal trend changes or to predict trend reversals. Awesome Oscillator D or AOD calculates AO by DEMA instead of SMA and has better sensitivity and accuracy. AOD has the same input parameter as AO, the applied price. Input Par
The head pattern reversal strategy identifies possible price reversal points. Histogram bar pointing up suggests a bullish reversal point while, on the other hand, bar pointing down suggests a bearish reversal point. Reversal points might appear in both up-and-down trends. So, it's highly recommended to use a filter, such as RSI, William's Percent Range or CCI. In the screenshots you can how the HEAD FAKE INDICATOR hints good reversal points when working in conjunction with other indicators.
The Grab indicator combines the features of both trend indicators and oscillators. This indicator is a convenient tool for detecting short-term market cycles and identifying overbought and oversold levels. A long position can be opened when the indicator starts leaving the oversold area and breaks the zero level from below. A short position can be opened when the indicator starts leaving the overbought area and breaks the zero level from above. An opposite signal of the indicator can be used
The TEMA Trend indicator is based on two TEMA (Triple Exponential Moving Average) - fast and slow. The advantage of the TEMA is that it provides a smaller delay than a moving average with a single or double smoothing. The indicator allows determining the direction and strength of the trend, and it can work on any timeframe. Uptrends are shown by blue color of the indicator line, downtrends by the red color. Close a short position and open a long one if the line color changes from red to blue
iCustomChartDemo indicator is a demo version of iCustomChart. iCustomChart indicator allows to create custom charts based on custom history files. Open history file format is used. The demo version creates a copy of the chart it has been launched on by default allowing to observe iCustomChart possibilities. It saves a symbol history file used during the demonstration but does not allow to use custom history files. The chart created by iCustomChartDemo shows the work of the indicators and the Ex
Indicator-forecaster. Very useful as an assistant, acts as a key point to forecast the future price movement. The forecast is made using the method of searching the most similar part in the history (pattern). The indicator is drawn as a line that shows the result of change of the close price of bars. The depth of history, the number of bars in the forecast, the patter size and the quality of search can be adjusted via the indicator settings. Settings: PATTERN_Accuracy_ - quality of the sear
This indicator draws: 1 Kijun Sen + 1 Envelope + 3 Price LabelsThe Kijun Sen, Envelope and Labels can be hidden as required. Envelopes can be used to identify: Price ranging; Overbought price levels; Oversold price levels; Take Profit levels; Stop Loss Levels.All parameter changes can be permanently saved and loaded via the Save and Load buttons in the Inputs tab. The Color tab offers limited and temporary change that expires on chart close or timeframe change, unless permanently sa
Tired of adjusting the indicator settings losing precious time? Tired of the uncertainty regarding their efficiency? Afraid of the uncertainty in their profitability? Then the indicator ACI (automatically calibrateable indicator) is designed exactly for you. Launching it, you can easily solve these three issues just performing the simplest action: clicking a single Calibrate button. To achieve the highest efficiency, you should perform another additional action: move the power slider to the maxi
This indicator shows the value of returns in the selected time frame. They are calculated as logarithm of returns, rather than price or raw returns. For small returns, arithmetic and logarithmic returns will be similar. The benefit of using returns, versus prices, is normalization. It is possible measures all variables in a comparable metric despite originating from price series of unequal values. Inputs You can display data both as a Histogram or a Line.It's possible to display the absolute
How would you like to instantly know what the current trend is? How about the quality of that trend? Finding the trend on a chart can be subjective. The Fractal Trend Finder indicator examines the chart for you and reveals what the current trend is based on objective criteria. Using the Fractal Trend Finder you can easily tell if you are trading with the trend or against it. It also identifies those times when the market is not trending. Theoretically, you could trade with the trend when the tr
CandlestickSize displays the candle body size and the difference between High and Low prices in a separate window. The indicator should be attached in the usual way. It works on any timeframes from M1 to MN and with any trading instrument. The indicator forms two lines: yellow line - difference between the candle's High and Low blue line - absolute difference between the candle's Close and OpenThe indicator has no configurable parameters. Recommendations on working with the indicator The