T-Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator is based on TEMA (Triple Exponential Moving Average). The advantage of the TEMA is that it provides a smaller delay than a moving average with a single or double smoothing. 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
Volumes are the most "sensitive" subject of the Forex market. With time, any trader starts to realize that the volumes present in the terminal are tick volumes and have nothing to do with the real volumes. The real currency volumes that pass through the market are unknown. Therefore, some suggest to take into account the volumes of the currency futures that are traded on the stock market. But, as it turned out, not the values of real or tick volumes matter, but their dynamics. What is important
The indicator My Big Bars can show bars (candles) of a higher timeframe. If you open an H1 (1 hour) chart, the indicator puts underneath a chart of H3, H4, H6 and so on. The following higher timeframes can be applied: M3, M5, M10, M15, M30, H1, H3, H4, H6, H12, D1, W1 and MN. The indicator chooses only those higher timeframes which are multiple of the current timeframe. If you open an M2 chart (2 minutes), the higher timeframes exclude M3, M5 and M15. There are 2 handy buttons in the lower ri
This is a demo version of the "Delta Volume histogram" Expert Advisor. The demo version only works on one symbol - СL... (Light crude oil futures)! The "Delta Volume histogram" Expert Advisor plots histograms of "Delta volume", "Real volume", "Buy volume", "Sell volume", "Tick volume". EA version: Has a built-in «Pending orders indicator". The indicator is designed for analysis of pending orders in the market, available in "MarketBook". Displays the Volume profile levels (VAH VAL from
The LevelsPivot plots the pivot points and forms the support and resistance levels. The indicator does not repaint. Default colors Yellow - pivot point. Green - resistance levels R1, R2, R3. Red - support levels S1, S2, S3.Installed similar to any standard indicator. Analysis rules Trade the rebound from support or resistance lines. Accordingly, the target is the central line (the pivot point, yellow by default).
This is visualization tool based on the Depth of Market. It works with the symbols that have the Depth of Market available. It's a visual indicator that shows the volume of each Bid/Ask price and ratio of total volume of Bids/Asks. Note: check if your broker supports DOM before download. Note: This is a Limited Edition of Depth of Market. It works only on AUD charts.
This EA trades using the Stochastic Indicator. It offers many trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Troubleshooting| FAQ| All Products ] Easy to use and supervise It implements three different entry strategies Customizable break-even, SL, TP and trailing-stop Works for ECN/Non-ECN brokers Works for 2-3-4-5 digit symb
The indicator identifies Price Action pin bars on a chart and highlights them. Also it sets a signal pointer at the opening price of the candlestick following the found pin bar. It has four parameters to filter candlesticks: Minimum size of a candle from low to high - the minimum size of the candlestick in points from High to Low, below which candlesticks are skipped. This parameter is specified like for the four-digit prices. Maximum size of the candle body relative to its shadows. Set fr
The script is intended for automatic placing of Sell Stop pending orders, Stop Losses and Take Profits on the user specified levels. This script is not that useful as "Virtual pending buy stop", since short positions are opened as Bid price crosses the levels. Thus spread widening is not dangerous. Nevertheless, you need to have this script to prevent unwanted hitting of the Stop Loss levels. Main Purposes: Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
Many friends asked me for a simple, non-obtrusive, resource-friendly clock to track the time during their trades. It seems pretty obvious, but it is a must-have for those trading the market manually, waiting for the Market News, or just to visually know what time it is... Trading is an absorbing endeavor! So, here it is... Totally configurable, including Font Type, Font Size and Chart Location: Upper Left/Center/Right OR Lower Left/Center/Right, with a little twist of adjusting the Offset, jus
Heikin-Ashi RSI is a technical indicator, combined Heikin-Ashi and RSI calculations, to show price moving trend and reversal. The Heikin-Ashi technique – meaning "average bar" – can be used to spot trends and to predict future prices. Heikin-Ashi Candlesticks are based on price data from the current open-high-low-close, the current Heikin-Ashi values, and the prior Heikin-Ashi values. The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is in
The Trend Sign indicator is a modification of the MACD indicator (Moving Average Convergence Divergence), which allows determining the direction and strength of the trend, as well as a trend change. The indicator is based on two moving averages - fast and slow, 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. Close a long position and op
Candle cross MA is an indicator that works "silently", that is, drawing only a moving average on the chart. It alerts you when the last candle cross with a moving average that you set. Alert is given only when the candle closes. The moving average settings are fully customizable. The indicator sends popup, and push notifications. You can also deactivate alerts when the chart is inactive. Are you the trend type? Do not miss another opportunity!
It predicts the most likely short-term price movement based on advanced mathematical calculations. Features Estimation of immediate price movement;Calculation of the real market trend;Calculation of the most important support and resistance levels;Algorithms optimized for making complex mathematical calculations with a minimal drain of system resources;Self-adjusting for better performance, so it’s able to work properly at any symbol (no matter how exotic it is) and any timeframe;Compatible wi
Custom Panel allows you to gather all kind of important information and display it as one handy table in the upper right corner of the chart. You can choose the contents of the panel yourself. Every row will show your own customized condition or value. Every column shows a different timeframe. The panel may contain up to 10 rows and up to 8 columns. Sample usage Row: Price > EMA(30) Mode: YES_NO Meaning: is current price above EMA(30) Row: Ask < Bands[L] Mode: YES_NO Meaning: is current
RoundNumbers indicator is a simple and powerful psychological price levels. Trader usually use these levels as a Support and Resistance (SnR). Indicator Input: Levels - Numbers of levels drawn on chart. Default 30 levels.BoxSize - Box size drawn on each levels, indicate buffers around levels. Default value 1pips (10point) above and below each levels.ZoneSize - Distance between each levels, default value 10pips (100point).Style & Colours - User inputs customization.For MT4 version, please refe
TabajaraCandles, based at Setup Tabajara by teacher André Machado indicates the market direction based on Moving Avarage when has candles in same direction of the moving average. Price Trend Candles is an visual chart analisys. You can use it to easily indentify: Trends and ranges;Continuation patterns;Reversion patterns;Indicatores Parameters: Moving Average Period;Moving Average Shift;Smoothing Moving Average Method;Simple Moving Average (SMA);Exponential Movng Average (EMA);Linear Weight
This is a simple indicator informing of the arrival of n candles. A signal is triggered when n candles are formed on the market (n value is customizable) indicating a strong trend and possible reversal. For example, 5 bullish candles have formed on the market. 3 of them are big (relative to the context) - the signal is triggered. Inputs Number of Candles - number of necessary candles Filter ON/OFF - enable/disable the filter SMA Period - period of SMA used in the filter Number of big cand
The indicator shows support/resistance levels based on the currency volatility for the selected period (number of bars) on the specified timeframe (regardless of the indicator timeframe). Price data on the selected currency and specified timeframe (by default – D1) are necessary for the indicator's normal operation. To download the necessary data, simply open the new window of the selected timeframe. МetaТrader 4 version: https://www.mql5.com/en/market/product/6617.
The Period separators indicator separates time periods, specified by user. It supports all timeframes, greater or aliquot to current timeframe. In case of the incorect timeframe, the indicator modifies it to closest correct value. Additional bonus - the separation of non-standard time periods - MOON, MOON/2, MOON/4 (moon phases). The separators are plotted using the indicator's buffers. The indicator uses one graphic object for information about the progress and current bar properties. The gra
Promo : Try only for 10$ Summary : Robot Trading Forex is very efficient in EURUSD with only 5m Timeframes. It is a long period robot, who takes few accurate trades each months.His powerful strategy of this robot lays on powerful indicators who are Relative Strength Index, Community Channel Index, Ichimoku, Parabolic SAR and Moving Average. This robot features characteristics like the LotSize and the capital risk.StopLoss and TakeProfit for the three kind of trades. Distance SAR shows the di
This product is a free DEMOfor Algo Profit Booster Tool for MetaTrader 5 platform. Thisproduct does everything as the full-featured version except forrealtime trading. The purpose of the Algo Profit Boostertool is to try to boost the profit-performance of any Expert Advisorthat has at least one optimizable input variable. It applies equallywell to Expert Advisors are highly profitable on out-of-sample data,as well as ones that perform poorly. Both developers and users ofExpert Advisors alike m
An Indicator for drawing of 15 types of Pitchforks This indicator designed for traders who are working professionally with pitchforks. By using this indicator, we can draw 15 types of new and very professional pitchforks, based on the main pitchfork. Standard_Schiff Modified_Schiff Mikula_Schiff Dologa_Schiff_1 Dologa_Schiff_2 Dologa_T_Pitchfork_B Dologa_T_Pitchfork_C A_B_Corner_Pitchfork A_C_Corner_Pitchfork A_C_Vertical_Pitchfork A_B_Horizon_A_Pitchfork
Operation of the CodEx Expert Advisor is based on patterns composed of consecutive candles. Positions are closed when opposite signals appear. Sequences of candles are encoded into an integer according to the following rule. The code number must be converted to binary form and the highest bit must be discarded. The resulting sequence of bits encodes a continuous sequence of candles, where 1 is a bullish candle, 0 is a bearish candle. The higher bits encode the earlier candles. For example: 19[1
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 SynchroObjects utility is designed to facilitate and speed up the work with graphic constructions on different charts of one symbol. The SynchroObjects utility clones the created objects to all charts on which the utility is running and which have the same symbol. And also synchronously changes their properties. The utility is easy to use and requires no configuration. Tip: If you view the history frequently - we also recommend you to also install the free Smart AutoScroll utility. It auto
Why having the RSI in a sub window, if we can have it in the main window with much more insight? RSI ANALYTICS is a market timing technical indicator that works with the same philosophy as the traditional RSI (Relative Strength Index), but instead of being drawn in a sub window, it is drawn in the same window as the asset we working on. This indicator is built using a given probability distribution that takes the traditional RSI as a parameter. The indicator is built with two lines: the
Motivação O indicador técnico de retração Fibonacci para muitos é essencial e a base de todas a previsões dos movimentos do mercado. O nome da ferramenta vem do matemático italiano Leonardo de Pisa (século XIII). Essa versão DEMO ira funcionar no Meta Trader conta Demo e Testador de estrategia. Para adquirir a versão Full que funciona em conta Real clique em: https://www.mql5.com/pt/market/product/38089 Funcionamento O Fibo Retração é um indicador automatizado que traça a retração Fibona
[ZhiBiDW Trend] is a simple, intuitive and effective indicator of trends and shocks. It is suitable for chart periods of more than 15 minutes and less than 4 hours, suitable for all market varieties. Buy signal: A blue up arrow appears; the arrow will appear with a preset price for Stop Loss and Take Profit. Sell signal: A red down arrow appears; the arrow will appear with a preset price for Stop Loss and Take Profit. Parameter setting description: [Send_Alert]: This is the alarm switch, set
Highly configurable Bollinger Bands indicator. Features: Alert functions. Multi timeframe ability (lower and higher TF also). Color customization. Linear interpolation. Works on strategy tester in multi timeframe mode (at weekend without ticks also). Parameters: Bollinger Bands Timeframe: You can set the lower/higher timeframes for Bollinger Bands.Bar Shift for Lower Timeframe: Shift left or right the lower timeframe's candle.Bollinger Bands Period, Bollinger Bands Deviation, Applied Price, B
We have all seen a currency pair enter the overbought or oversold territory and stay there for long periods of time. What this indicator does is gives you the emphasis. So if you are looking for reversals then you may want to take notice when oversold territory is entered into with a bullish engulfing candle or if the trend is your thing then check for bearish engulfing candles while entering oversold. This indicator will show a downward arrow when it detects a bearish engulfing candle while cr
Introduction to Order Risk Management EA ORM EA is specially designed for fast and accurate market order execution to be used with our Price Action and Econometric Trading strategies listed below. ORM EA is fully automatic and ORM EA is also very easy to use. ORM EA is totally free of charge. You can also use this robust order execution feature of this ORM EA for any other your own trading strategy. Harmonic Pattern Plus MT5 Harmonic Pattern Scenario Planner MT5 Price breakout Patter
This multi time frame and multi symbol trend indicator sends an alert (paid version only) when a strong trend or trend reversal has been identified. It can do so by selecting to build up the dashboard using Moving average or RSI. It can be used with the time frames M5, M15, M30, H1, H4, D1, WK1 and MN. This free version is limited to EURUSD, GBPUSD and USDJPY and without the option to send alerts. The unlimited paid version can be found here. Features It is possible to select the time frames
Renko Graph Индикатор Ренко в основном окне графика в месте с текущей ценой. Индикатор отображает изменения цены в форме прямоугольников («кирпичиков») на фоне обычного графика котировок. Движение цены вверх, на заданное в настройках количество пунктов, отмечается добавлением выше предыдущего очередного прямоугольника, а движение вниз — ниже предыдущего прямоугольника. Индикатор создан для наглядного определения основного тренда. Используется для определения ключевых уровней поддержки и сопро
Trade Receiver Free is a free tool to copy trades/signals from multiple MT4/MT5 accounts. Provider must give you a free license in his list first. That means you can use this free tool to copy trades/signals from a provider, who accept to give you a free license. This tool has all receiving features of Trade Copier Pro. Receiver can manage provider list with powered build-in database managing system. Reference: For sending trades/signals, please check Trade Copier Pro MT5 at: https://ww
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
The indicator of trend (flat) with a price channel. Trading Buy - the price have crossed the central line upwards (the candlestick has closed above the line) and the channel is oriented horizontally (yellow line) or directed upwards(green line). Move to breakeven when reaching the opposite border of the channel. Close positions when conditions for selling are formed. Sell - the price have crossed the central line downwards (the candlestick has closed below the line) and the channel is orien
For Major Pairs : This indicator displays whether the candle of a currency pair is bearish or bullish in different timeframes. They are updated automatically. The up arrow means the bullish candle in corresponding timeframe. Similarly, down arrow for bearish candle. For Cross Pairs : Instead of following the same procedure above, it follows a different algorithm. White color UP arrow means Very Strong Uptrend and Blue color DOWN arrow means Very Strong downtrend. This FREE version works on
SparkLight EA is a fully automated expert advisor that uses advanced algorithms for the price analysis of the latest trends. Every order has StopLoss and every order is placed based on the primary or the secondary trend analysis algorithm. This EA does NOT use Martingale or Arbitrage strategy. It can trade more orders at the same time but every order has the same Lot size if using FixedLotSize. SparkLight EA is NOT a minute scalper or tick scalper that produces high n
The MFC EA is an adaptive expert, able to adjust to the current market situation. The EA is based on a proprietary strategy. It is known that the price moves in waves and within a certain range. Even a strong and stable trend has rollback and retracement waves. If the wave-like movement of the price is a given, then why not use it? The EA determines the current wave and uses it as a basis for plotting price channels with a certain expansion coefficient. When the price leaves the formed range, t
BBTrend is a relatively new indicator developed by John Bollinger to work with Bollinger Bands™. It is one of only a few indicators that can signal both strength and direction making it a very valuable tool for traders. Calculations The calculations are fairly simple. The default periods of 20 and 50 are shown, but these can be changed through the parameters. Lower = MathAbs(lowerBB(20) - lowerBB(50)) Upper = MathAbs(upperBB(20) - upperBB(50)) BBTrend = (lower - upper) / middleBB(20) Inter
This indicator extracts a trend from a price series and forecasts its further development. Algorithm is based on modern technique of Singular Spectral Analysis (SSA). SSA is used for extracting the main components (trend, seasonal and wave fluctuations), smoothing and eliminating noise. It does not require the series to be stationary, as well as the information on presence of periodic components and their periods. It can be applied both for trend and for another indicators. Features of the meth
This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound alerts
ChartWall is intended for displaying and automatic changing of wallpapers on a chart. It supports JPG and BMP formats. A file and a display style are selected via the built-in panel, which can be opened by clicking on the application icon (hidden button) that appears in the bottom left corner of the chart (main window) as you move the cursor to that area. Using the built-in panel you can also set a period for the rotation of images in minutes. Image files are selected randomly from the folder
Follow the trail of the comet to know the development of the trend. This indicator helps you to determine the evolution of the price depending on how these astronomical objects are shown in the chart. When the comet seems to stop, it opens its tails considerably and warns us of a possible change in trend. On the contrary, when it seems to get speed (looks thin because lines of tail are grouped) demonstrates safety and continuity in trend. The head or comet nucleus will show red or green acco
This is an unusual representation of the Average Directional Movement Index. The indicator has been developed at the request of a trader and for the purposes of learning the development of indicators in MQL5. The line shows the same as the standard Average Directional Movement Index (ADX); The upward histogram shows the difference between +DI and -DI, when +DI is above -DI; The downward histogram shows the difference between +DI and -DI, when +DI is below -DI.
This indicator creates synthetic charts. It creates a candlestick chart plotting the price of one instrument measured against another, helping you to find hidden opportunities in the market crossing relationships between different instruments. [ Installation Guide | Update Guide | Troubleshooting| FAQ| All Products ] Find hidden trading opportunities Get a broader sense of the price of commodities Commodities range against each other and are easier to trade Correlated Indices can b
This EA trades daily breakouts placing bidirectional pending orders using the last day's trading range -or using market orders, as desired-, provided these price levels have not been yet tested. It offers many trading behaviors and flexible position management settings, plus a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Customizable break-even,
The EA is based on a signal based on a group of indicators from different periods from M5 to H1. For the user, the EA setting is minimized. It has a built-in mechanism for calculating the risk of the size of StopLoss. The EA is set to work on EURUSD. The working period of 5 minutes, but also when taking into account the signals are analyzed older periods M30, H1. The EA does not use dangerous strategies: scalping, martingale and does not build order grids. In the market from 1 to 5 positions.
This indicator is based on Volumes standard indicator, calculates the average of Volumes based on the last N bars set by users, and if the value of the volume is bigger then a set % respect the average a different color will be used. The indicator is shown in a separate indicator window. This version has now a limitation in setting the % about the threshold. If you are interested to set threshold consider to buy the PRO version (https://www.mql5.com/en/market/product/35925) Inputs Bars u
Dashboard Currency Strength Advanced MT5 Demo is the demo version of Dashboard Currency Strength Advanced MT5, which have full functionalities of the paid version, except Only 2 currency strength meter with time-frame D1 will be used for signal generation (full version has 4 currency strength meters with full time-frame selection)Full version: LINK MT4 version: LINK The Dashboard Currency Strength Meter Advanced gives you a quick visual guide to which currencies are strong, and which one
The multi-timeframe indicator of the levels of the Pivot Points. Every closed daily period has its own so-called reference point - Pivot Point, which sets the levels for smaller intraday timeframes for the following day. The Pivot Points indicators existing in the codes have no method of showing the dynamics of the pivot point changes on the historical data of the price chart. Pivot Point calculation formula. Pivot=(High + Low + Close) /3 High — the maximum of the previous day; Low — the mi
This indicator is based on Volumes standard indicator and calculates the average of Volumes, showing both (Volumes and its average) in a separate indicator window. In addition to the average, the indicator has two possible conditions for issuing alerts. First condition: If the previous Volume bar is lower than the average and the current Volume bar is above the average. Second condition: If the previous Volume bar is lower than a fixed input value and the current Volume bar exceeds this f
Индикатор Color служит помощником для начинающего или опытного трейдера для выявления краткосрочного тренда или глобального в зависимости выбранного тайм фрейма, а так же для выявления флетовой зоны, которая очень хорошо видна в местах длинной проторговки в одной зоне индикатора Color. Индикатор не перерисовывается на завершённой свечи , но в моменте появления свечи и образования сигнала, может быть отклонён в прорисовке. Особенности работы индикатора Хорошо определяет тренд на волатильных инс
Fibonacci decorator Trial is a unique product that decorates Fibonacci objects. This indicator can change the specific level line of a Fibonacci object. This tool caters to both beginners and advanced traders using Fibonacci objects. Advantages Supports three Fibonacci objects: Fibonacci Retracement Fibonacci expansion Fibonacci time zones Just add the mark of your choice to the description of a Fibonacci object's level Easy setti
The indicator displays profit (loss) on the current symbol. You can freely drag and drop the line to display the current profit or loss. Parameters Calculation in money or in points — calculate the profit/loss in points or money. Add pending orders to calculate — take pending orders into account in calculations. Magic Number (0 - all orders on symbol) — magic number, if it is necessary to evaluate specific orders. Offset for first drawing (pips from the average price) — offset of
This is a professional trades copier with easy to use interface and fast rock solid execution. It has some unique functionality which is missing in other trades copiers (see details below). It can copy trades between both MT4 and MT5 terminals in any combinations. Supports "One to Many" and "Many to One" copying modes. This is a DEMO version of the tool. It has some limitations: copying pauses at random moment until resumed by the user again. Masters work WITHOUT any limitations.
The indicator measures and displays the difference in the number of "Bid" and "Ask" prices changes in the form of digital, analog and graphic indicators. Designed for market research and for determine the moments of position closing during scalping trade with H1 or less timeframe. Use with bigger timeframe is not prohibited, but it is not informative because of a large number of accumulated values. Theory "Bid" and "Ask" prices do not change simultaneously for most symbols. Often you can see
The MFC5 STL Expert Advisor analyzes the market over a specified period and sets pending orders. The system does not use indicators and is fully based on the price action analysis.По It can use Martingale or hedging, if set by a trader. No complex setting and optimization. The EA is not impacted by news. The EA features the management system of negative and positive positions, which allows not using stop loss and take profit. This Expert Advisor is an advanced version of MFC StopLevels for MT4
This indicator connects past price points drawing diagonals and trend lines, which converge in the future creating hidden reversal points. [ Installation Guide | Update Guide | Troubleshooting| FAQ| All Products ] Find hidden reversal points Spot convergence zones easily Dense criss-cross zones are reversal points Configurable amount of lines and price points Configurable colors How to use the indicator The indicator draws several lines on the chart, and where many of these l
The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers. What the indicator shows: a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using
The hardest part is to make the first step, open the first trade, overcome uncertainty and fear. Each trader has ups and downs, good days and black Tuesdays. Soulless machines, trading robots do not feel the fear or fatigue. But they need to earn credibility. Pony Trader trades only on one currency pair - EURUSD, and only on one time frame - H1. It makes it promptly, taking care of the trading account. Slowly but surely it pulls up your deposit. Following the trading rules formulated by the au
The utility is designed as an indicator for quick and easy drawing of horizontal levels on the chart. Several indicators with different settings can work on the same chart independently. Settings: Right Shift-indent from the right edge of the chart in pixels. Line Width-line thickness. Label Size - size of the price label text. Line Style-line style. Line Color-line color. Label color - color of the price label. Add Key - select the function key to add a line.
Description The base of this indicator is an ZigZag algorithm based on ATR and Fibo retracement. This indicator is not redrawing in sense that the ZigZag's last shoulder is formed right after the appropriate conditions occur on the market. The shoulder doesn't change its direction afterwards (can only continue). Note: An indicator with advanced possibilities is also available. Indicator input parameters The input parameters allow to change the sensitivity of the ZigZag. ATR periodATR multi
This indicator is designed for calculating the value of points for the specified lot sizes. The MT4 version is here https://www.mql5.com/en/market/product/24992 Description by lines Line 1 - deposit currency. Line 2 - lot size (10 input parameters). All further values are calculated into columns below each lot size. Line 3 - calculation of value for one point. Line 4 - calculation of value for spread. All subsequent lines - calculation of value for points (20 input parameters)
The SynchroCharts utility allows to simultaneously view quotes history on multiple charts by synchronizing charts by time and timeframe. After starting, the utility creates a dashboard on all charts: ÷ - allows to enable/disable the display of the crosshair on the current chart; ∞ - enable/disable synchronous display of the first visible bar of the current chart with the main one. The timeframes of the charts are also synchronized. Settings: Speed refresh - The refresh rate of the charts
The indicator searches for the Price Action Closing Price Reversal pattern. It is a strong reversal pattern, particularly if appears after a quick movement. The signal bar opens with a gap from the previous bar's close, whereby the open price is next to the bar's high. The close price is below the close price of the previous bar, and it is close to the minimum price of the bar (for the bearish setup). And vice versa for the bullish setup. Like any other Price Action pattern, this one also req
This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to take a trend-trade approach or a contrarian approach using reversal patterns. [ Installation Guide | Update Guide | Troubleshooting| FAQ| All Products ] Find early reversals Confirm short-term trades Detect indecision on the market Take contrarian trades near support and resistance levels Trade inside bars confirmed by overall direction
This product is a signal indicator. Its main objective (as it can be seen from its title) is searching for entry points (according to the algorithm), as well as placing stop loss and take profit levels. Indicator parameters: CLSperiod - averaging period, the default value is 14. CLStake - enable (true) / disable (false) take profit levels.