• Overview
  • Reviews (5)
  • Comments (2)

ADX Channel

ADX Channel is an indicator that plots the channel depending on the values of the ADX (Average Directional Movement Index) indicator. The resulting channel is a little similar to the Envelopes, but its lines depend on the market volatility. The sell trade is usually executed fast when the price touches and bounces from the upper line of the channel, buy - from the lower. It is recommended to trade when there is no significant news. The recommended timeframes: M5 - H1. The indicator is not designed for trading on D1 and higher timeframes. The dotted lines depend on the values of +DI and -DI of the ADX indicator.


Parameters

  • Period ADX - the ADX indicator period for plotting the channel;
  • Strength - strength, the greater this value the stronger the channel depends on the ADX values;
  • Strength2 - the strength of the additional channels denoted by dotted lines (they depend on the values of +DI and -DI);
  • History - the number of bars to look back to plot the lines.
Reviews 5
Nieco Pama
249
Nieco Pama 2021.01.04 01:41 
 

this indicator helps me a lot

Valentin Butorin
3891
Valentin Butorin 2020.10.17 08:13 
 

Very nice

sanders sanders
52
sanders sanders 2018.04.24 19:03 
 

good!!!!!!!!!!!!!!!!!!!!!!!!!

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TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. TPA has been developed by traders for traders and is not another combin
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Naked Forex Kangaroo Tail
Renaud Candel
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs of the indicator are : Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol MaxBars: number of bars back used to calculate the indicator TradeDirection (Long/Short/LongAndShort): filter sign
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Doji Finder Indicator MT5
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Automatic Trading System designed for trading on smaller timeframes (М1-М15). It makes a large number of trades, determines when the price fluctuations are perfect for trading, detects divergences using different indicators. Designed for EUR/USD, but can be optimized for other currency pairs. Unlike the simple version of MicroPowers, this EA also implements the Martingale principle (increases the lot if the previous trade was in loss), which can be adjusted so that it is not critical for the dep
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The Expert Advisor analyzes volumes before entering a trade. Major market players buy and sell large volumes and thus influence further price movement. Honeybee hunts for volumes just like for honey. When the market rises or falls, and suddenly there are volumes in the opposite direction, the EA opens a trade. You can configure the EA to open trades following the trend of a higher timeframe. If necessary, Stop Loss is moved to breakeven after the price moves a certain number of points. The EA ca
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Trend Stream
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This EA implements the EMA 8/18 strategy, which is used by many traders. Brief description of the strategy: The Buy is determined when the EMA 8 indicator crosses the EMA 18 from below, with the price moving more than 50 points from the crossing. The buy position is opened when the price touches the EMA for the first time, after that, as the price rises, the trade is maintained by a trailing stop with a step of 30-35 points. The opposite is for opening a sell position. The parameters of the fast
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ProCandles
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Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
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Colored candles
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Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indi
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Multi Alligator Signals
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It is good to know the presence of a trend on multiple timeframes at once. And even better - on multiple currency pairs at once. This indicator allows to quickly determine the presence of a trend or a flat on 8 timeframes and from 1 to 15 currency pairs at once. Multi Alligator Signals analyzes the signals of the Alligator indicator by Bill Williams on every timeframe (from M1 to W1) and multiple currency pairs (up to 15) simultaneously. If there is a buy signal, a green upward arrow is drawn, i
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Trend Hour
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At certain times, the market has a very strong volatility on all currency pairs. During that time, some currency pairs move stronger, and some weaker. The Trend Hour EA opens a trade on the most trending currency pair at a certain time. It determines the strength of the trend on multiple currency pairs and multiple timeframes using the Alligator indicator and ADX. Usually, the strongest movements happen on the currency pairs with the dollar in the middle of the US session. It is not necessary to
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Candles and 3MACD
Alexander Nikolaev
The trading strategy is based on the intersection of MACD's three signal lines with different parameters. Candlesticks are used for trade confirmation. The system shows better results when combined with the candlestick analysis. The Expert Advisor can analyze candlesticks on any timeframe specified in settings. It is recommended to run the EA on the M5 timeframe or M1 if using accounts with a very low spread. Features Trades fully automatically; Does not require a large initial deposit; Does n
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Parabolic And CCI
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The EA detects strong movements using the Parabolic indicator and opens a trade. The Commodity Channel Index (CCI) is used as an auxiliary indicator. The CCI levels may depend on the ADX indicator values, which allows for better trading with different volatility. Also, the trades are opened depending on the RSI indicator values on a certain timeframe. Recommended timeframes: M5, M15, M30. Make sure to optimize the parameters of the EA for your account before trading. Input Parameters Lots - lo
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Hit Market Maker
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Market makers can often deceive traders by reversing the market when it is most unprofitable for others. For example, many traders start buying only to see that the price goes down dramatically afterwards. Some still hold their buy positions thinking that this is only a correction but the price continues its downward movement. The EA is capable of detecting such periods. It analyzes the last two candles and determines whether there are actions that look similar to the market-maker's ones - the p
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Nieco Pama
249
Nieco Pama 2021.01.04 01:41 
 

this indicator helps me a lot

Valentin Butorin
3891
Valentin Butorin 2020.10.17 08:13 
 

Very nice

sanders sanders
52
sanders sanders 2018.04.24 19:03 
 

good!!!!!!!!!!!!!!!!!!!!!!!!!

Berk Turker
419
Berk Turker 2017.12.27 20:13 
 

very useful indicator, thank you

Maksym Mudrakov
25076
Maksym Mudrakov 2016.08.31 09:20 
 

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