Spearman Rank with Alerts

📈 Spearman Rank MTF – Momentum Oscillator with Trend Intelligence

The Spearman Rank MTF is a powerful oscillator designed to measure trend strength and direction using a statistical approach based on Spearman's Rank Correlation. This indicator excels at detecting trend changes, key reversals, and overbought/oversold conditions with precision and clear visual cues.

✅ Key Benefits

  • Multi-Timeframe (MTF) support – analyze higher timeframes without leaving your current chart.

  • Dual smoothing modes – choose between the original or a smoothed curve for your trading style.

  • Multiple signal types:

    • Entering/leaving overbought/oversold zones.

    • Directional momentum shifts.

    • Fully configurable or signals off.

  • Clean visual design – intuitive arrows, crisp lines, and customizable settings.

🧠 How It Works

Spearman Rank measures the correlation between the order of current prices and their ideal ascending or descending sequence. Values close to +100 indicate strong bullish momentum, while values near -100 suggest strong bearish movement.

You can configure:

  • The threshold for overbought/oversold levels (default ±80).

  • The type of signal you want to display (entry, exit, both, or trend change).

  • The calculation period and smoothing option.

🎯 Perfect For:

  • Price action, swing, and scalping traders.

  • Entry/exit confirmation in trend-following systems.

  • Spotting false breakouts and subtle reversals.

  • Filtering trades based on actual trend strength.

⚙️ Parameters:

  • period : Length of the Spearman calculation.

  • level : Overbought/oversold threshold.

  • signalType : Choose when to show signal arrows.

  • smoothing : Original or smoothed line display.

  • tf : Source timeframe for MTF mode.

  • minChange : Minimum slope to detect valid trend shifts.

📌 Pro Tips

  • Use SMOOTHED mode on volatile pairs to reduce noise.

  • Set SIGNAL_TREND_CHANGE to focus on clean momentum shifts without relying on extreme levels.

  • Combine with price zones, support/resistance, or candlestick patterns for higher accuracy.

💬 Support

Ongoing updates, free improvements, and responsive post-sale support are included.


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Scalper Vault MT5
Oleg Rodin
5 (1)
Indicators
Scalper Vault is a powerful, fully-equipped trading system designed for traders who want to achieve consistency in intraday trading . This high-precision indicator serves as a complete, standalone trading system that delivers institutional-grade analysis for both Forex and Binary Options traders. PLEASE CONTACT ME AFTER PURCHASE TO GET MY TRADING TIPS PLUS A GREAT BONUS! By eliminating the guesswork and complex manual analysis, Scalper Vault allows you to focus purely on execution using easy to
Volatility Master MT5
INTRAQUOTES
5 (2)
Indicators
Volatility Master for MetaTrader is a real-time dashboard tool that scans up to  50 symbols  to identify high-volatility , trending markets instantly. With bullish/bearish signals, customizable alerts, and a user-friendly interface, it helps you avoid range-bound conditions and focus on high-probability trades. Clarity leads to confidence. Trade confidently and protect your capital effectively with this powerful dashboard. We don't offer free or bonus indicators in exchange of reviews from you.
Power Candles MT5
Daniel Stein
4.58 (12)
Indicators
Power Candles - Self-Optimizing Strength Indicator Strength usually lives in a sub-window. The line runs below, the candle above, and your eye keeps connecting the two. Power Candles puts the strength into the candle itself, colored from dark red to dark green, so the chart reads at a glance and the sub-window stays closed. The indicator also finds its own settings for the symbol and timeframe in front of you. One click on [ Apply Best ] draws entry, Stop Loss and Take Profit at the exact prices
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RSI Bar
Romer Javier Franco Lozada
Indicators
RSI Power Bars – Clear and Precise Momentum Visualization Description: This indicator upgrades the classic RSI into a much more visual and powerful tool. Instead of a flat line, it displays colored bars that instantly show the direction and strength of price movement. Red = bullish momentum Green = weakness or pullback No more guessing trend shifts or calculating momentum mentally — you see it instantly . Key Benefits: Instantly spot trend reversals Visualize market momentum with bars
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