Trend On Close

  • Indicators
  • David Ben Svaiter
    David Ben Svaiter

    David Ben Svaiter

    • Master Developer at  OASYS Informática Ltda
    • Brazil
    • 3497
    I've been an MQL5 developer for years, creating customized solutions for companies and investors. I have over 40 years in Information Security, as well as being a developer of .NET (VB and C#), MS-SQL, SQLite and ASMx32 and x64 solutions.
  • Version: 3.92
  • Updated: 16 February 2024
  • Activations: 5

TrendOnClose is a sophisticated indicator designed for Binary market investors, focusing on statistical analysis of trends and counter-trends within specific candle cycles.

Each cycle is defined by the candle CLOSE price, establishing the trend direction (UP/DOWN - BULL/BEAR) for subsequent statistical analysis until the start of the next cycle. The statistical analysis operates with two configurations:

⦁ Statistical Goal as SUBSEQUENT CANDLE: The algorithm focuses on the subsequent candle within the cycle.

⦁ Statistical Goal as INTERCYCLES: The algorithm considers all candles between each cycle.

Based on the selected Statistical Goal, each candle's trend is compared to the trend of the CYCLE candle, resulting in an increase in TREND-Percent (TD) and Trend-Occurrences (N-TD) for identical directions, or in COUNTER-TREND (CT and N-CT) for diverging trends. Additionally, the indicator provides a statistical sum for Daily, Weekly, or Monthly periods, revealing the number of candles following the "trend" or "counter-trend" of each CYCLE during these periods. At the end of each predefined period, statistics reset for the subsequent cycle.

Features

⦁ No-Repaint Statistical Info: Optimize the analysis of trends and counter-trends in specific cycles/times, evaluating the probability of repetitions (and divergences) based on the CANDLE SUBSEQUENT TO THE CYCLE or INTERCYCLES CANDLES.

⦁ Intuitive: Displays the count and percentage of trends/counter-trends in both text and graphic modes. Additionally, it shows CYCLE lines and TREND/COUNTER-TREND lines that can be fully configured and even suppressed.

⦁ Easily and quickly configure START/END TIME, CYCLES, GOAL, and PERIODS. The START/END times work in a smart mode, adapting to the selected TIMEFRAME in case of incompatibility (e.g., even hours in odd TIMEFRAMES like M3, M15, etc).

⦁ A PANEL for quick access to statistical information in text mode. The panel can be minimized or moved to any of the four quadrants of the main CHART, with many layout options.

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Footprint is an indicator for order flow and volume analysis. It helps identify market structure at the cluster level, find key zones with increased activity, and work with filters directly on the chart without constantly opening the settings window. Footprint Indicator Features cluster-based Bid x Ask and Delta charts; on-chart control panel; sliders for filter adjustments; Absorption; Initiative; Stacked Imbalances; Big Trades; dPOC / Dynamic Point of Control; Delta; side market profile; cumul
Astro Ai Intelligence
Abdul Hamas
Indicators
Hi Trader, Most retail traders rely on lagging, web-based scripts. To trade with a true edge, you need institutional architecture. The Astro AI Indicator is not a standard chart overlay. It is a compiled, dual-agent neural network running directly on your terminal. Here is the exact technology driving the system: 1. Agent 1: The Analyst (Graph Neural Networks - GNN) Markets are not just isolated price bars; they are interconnected networks of data. The Function: Agent 1 utilizes a Graph Neural
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Indicators
Brandon Angelo Flag Pattern — how it works This indicator automatically detects classic bull and bear flag chart patterns in real time. The detection happens in three stages for each bar. First it looks for a flagpole — a sharp, strong directional move over a configurable number of bars ( FlagpoleBars , default 5) that must exceed a minimum percentage size ( FlagpoleMinPct ). For a bullish flag the pole must close net higher than it opened; for a bearish flag, net lower. Second it identifies th
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