Trend Detector Monitor

It's a very convenient and easy to use indicator, as well as powerful and accurate. It detects and visually displays the start of a new trend. It is presented in a two-color bar chart: one for the start of an uptrend and one for the start of a downtrend. The indicator only requires the number of bars to look at for its calculation.

Calculation.

a) The indicator compares the current candlestick close with the high or low of the previous candle group. If it's higher than the high, it indicates an uptrend; if it's lower than the low, it indicates a downtrend.

b) The indicator compares the previous open with the high or low of the subsequent candlestick group. If it's higher than the high, it indicates a downtrend; if it's lower than the low, it indicates an uptrend.

Features:

  The PERIOD parameter is the number of candlesticks  for the calculation.

  It has the option to activate the new trend alert with an alert control.

  For any time frame.

  By default, it uses the color aqua for the start uptrend, and red for the start downtrend.

Blue controls.

 Associated with the PERIOD parameter.

Alert Control.

 Allows you to activate/deactivate the alert of new trend. It turns Yellow when activated. 

 Alerts are of two types: 1) Possible new trend. 2) New trend detected.

Indicator adjustment.

 For the indicator to be useful, it is necessary to adjust it to the price, modifying it with the controls until it does not show bar changes in the sections of interest. Once established, it will be set in the PERIOD parameter box. 


Recommended indicators: The Oscillometer, Deviation Index, Fork

Contact email: fve2022@hotmail.com 

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TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren
Volume Break Oscillator MT4
Roberto Bonati
Indicators
Volume Break Oscillator is an indicator that matches price movement with volume trends in the form of an oscillator. I wanted to integrate volume analysis into my strategies but I have always been disappointed by most volume indicators, such as OBV, Money Flow Index, A/D but also as Volume Weighted Macd and many others. I therefore wrote this indicator for myself, I am satisfied with how useful it is, and therefore I decided to publish it on the market. Main features: It highlights the phase
Currency Strength Wizard
Oleg Rodin
4.85 (60)
Indicators
Currency Strength Wizard is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real str
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Ask Price
Francisco De A Vilar Enriquez
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It is a very simple and useful micro indicator. Shows the current ask price, and the maximum relative ask price up to the current moment, on the chart, in the first N candles. It facilitates quick decision making by offering a visual reference. Likewise, when we position ourselves with the cursor over it, it shows us the maximum spread  since the indicator is applied, until the current moment. It is perfect for scalping . By default, the parameter N has the value 4.  Especially recommended indi
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The Oscillometer
Francisco De A Vilar Enriquez
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It is a new indicator that frames the price movement and tracks it. It consists of oscillation channel and its center line   CL . For its calculation it is only necessary to introduce the amplitude of the channel. Because of this, it is a non-lagging indicator as it is not calculated based on a number of previous candlesticks. It removes any level of noise , showing the underlying price movement cleanly via the center line . It allows you to easily identify the beginnings and ends of the trend ,
Deviation Index
Francisco De A Vilar Enriquez
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Normalized indicator. It measures the relative deviation of the price from its moving average. It is extremely reliable. Accurately determine overbought and oversold price areas and divergences. Features. The indicator is calculated on (O+H+L+C)/4. It has a range of -100 to 100. The overbought zone is above 80 and the oversold zone is below -80. Mode: histogram/line. MA method: simple, exponential, smoothed, linear weighted. With softing option. By default the indicator is calculated on an SMA
Fork 4
Francisco De A Vilar Enriquez
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The best instrument for scalping. It allows you to always be correctly positioned in the price. It's a simple and extraordinarily powerful visual reference. Very suitable for price action. It consists of four components. 1. Fork.     There are two levels that surround the price and mark the rebound points. They can be varied independently with 4 associated controls, two for each level.  Its amplitude is indicated in pips in the indicator data.  The minimum fork is updated with each tick. It has
Basic Fork
Francisco De A Vilar Enriquez
Indicators
Very useful indicator, you won't be able to be without it. Essential for scalping. It shows rebound levels, top and bottom, forming a fork that surrounds the price. Each level has two blue controls associated to change it, has one green control for rebound mode: High/Low or Open/Close, and has a red breakage alert control. Features:  -T wo independent modes of operation: High/Low, Open/Close.  -When one level is broken it shows the next one in the same direction.  -The levels closest to the pric
The Oscillometer5
Francisco De A Vilar Enriquez
Indicators
It is a new indicator that frames the price movement and tracks it. It consists of   oscillation channel   and its   center line   CL . For its calculation it is only necessary to introduce the   amplitude   of the channel. Because of this, it is a   non-lagging   indicator as it is not calculated based on a number of previous candlesticks. It removes any level of   noise , showing the underlying price movement cleanly via the   center line . It allows you to easily identify the   beginnings   a
Fork 5
Francisco De A Vilar Enriquez
Indicators
The best instrument for scalping. It allows you to always be correctly positioned in the price. It's a simple and extraordinarily powerful visual reference.  Very suitable for price action. It consists of four components. 1. Fork.     There are two levels that surround the price and mark the rebound points. They can be varied independently with 4 associated controls, two for each level.  Its amplitude is indicated in pips in the indicator data.  The minimum fork is updated with each tick. It has
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