Magician Of Custom Index chart window

  • Indicators
  • BaiChun Li
    BaiChun Li

    BaiChun Li

    5 (4)
    Strict Developing, strict testing, the attitude is serious, the price is reasonable!
    Familiar with MQL4 and MQL5, familiar with the development of EA, index and script!
    With more than 5 years of experience, a lot of code to the Chinese users!

    skype:mangoLee@hotmail.com
    4 products 13 topics 130 comments
  • Version: 2.0
  • Updated: 18 May 2019
  • Activations: 5

Charles Henry Dow felt that if the industrial average and the railroad average both moved in the same direction, it meant that a meaningful economic shift was occurring.

In brief, this indicator bases on the Dow's theory. It can create an index of market symbols, almost anythings index. For example: Index of the Euro, Index of the Great Britain Pound, Index of the Japanese Yen, Index of the Swiss Franc, Index of the Gold, Index of the New Zealand Dollar, Index of the Australian Dollar, Index of the Canadian Dollar.

Mr.Dow did not believe that his ideas should be used as the only forecaster of market ups and downs. He thought they should be only one tool of many that investors used to make business decisions.

The important, this indicator is not only to create an index. It can find symbols for deviation too. Then, I believe you know how to do.


Indicator parameters

This indicator has 5 lines so it has 5 group lines property, from 0 to 4, the last one is "INDEX":

  • Indicator0_symbol - The 1st group line used symbol.
  • Indicator0_color - The 1st group line used color.
  • Indicator0_style - The 1st group line used style.
  • Indicator0_width - The 1st group line used width.
  • Indicator1_symbol - The 2nd group line used symbol.
  • Indicator1_color - The 2nd group line used color.
  • Indicator1_style - The 2nd group line used style.
  • Indicator1_width - The 2nd group line used width.
  • Indicator2_symbol - The 3th group line used symbol.
  • Indicator2_color - The 3th group line used color.
  • Indicator2_style - The 3th group line used style.
  • Indicator2_width - The 3th group line used width.
  • Indicator3_symbol - The 4th group line used symbol.
  • Indicator3_color - The 4th group line used color.
  • Indicator3_style - The 4th group line used style.
  • Indicator3_width - The 4th group line used width.
  • Indicator4_color - The 5th group line used color.
  • Indicator4_style - The 5th group line used style.
  • Indicator4_width - The 5th group line used width.
    （The 5th group line no set name, it is a index.)
  • Info_fontsize - Displayed information's font size in indicator.
  • Info_corner - Displayed information's position.
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Liquidity Scalper System
Stanislav Konin
5 (2)
Indicators
Liquidity Scalper System: a liquidity-based trading system in indicator form. Most indicators only show an arrow, and the trader then has to decide where the stop goes, where the target is and whether the signal can be trusted at all. Liquidity Scalper System covers the full trade cycle: it finds liquidity pools, gives a signal when they are broken, immediately calculates Entry, Stop Loss and three targets, and shows statistics and out-of-sample test results on the panel. The system picks its o
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Paulo Rocha
5 (4)
Indicators
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tradi
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Ziheng Zhuang
5 (2)
Indicators
This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak.  The basic principle Given eight currencies, USD,EUR,GBP,AUD,NZD,CAD,CHF,JPY, where each pair of two can be combined, resulting in a total of 28 pairs, a reverse algorithm is used to extract the strength of the eight currencies from these 28 pairs EURUSD,GBPUSD,AUDUSD,NZDU
Italo Volume Indicator
Italo Santana Gomes
4.92 (79)
Indicators
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO VOLUME INDICATOR  is the best volume indicator ever created, and why is that? The Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many volume indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Volume Indicator is different , the Italo Volume Indicator shows the wave volume, when market
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Yan Zhen Du
5 (1)
Indicators
This is a professional chart indicator designed for traders focused on stability and clear price action. It helps filter market noise and provides clear visual entry and exit zones for your trading decisions. Core Features: Strictly Non-Repainting: The system is built with strict non-repaint logic. What you see on the chart is the true historical performance. Confirmed Signals: Signals are triggered and confirmed only after the candle closes . Once a trading arrow appears on a closed candle, it
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