This indicator shows the value of returns in the selected time frame
They are calculated as logarithm of returns, rather than price or raw returns. For small returns, arithmetic and logarithmic returns will be similar. The benefit of using returns, versus prices, is normalization.
It is possible measures all variables in a comparable metric despite originating from price series of unequal values
- You can display data both as a Histogramor a Line
- It's also possible to display the absolute value of returns
The Commodity Channel Index computes the deviation of the typical price of each bar from the average price over a particular time period. Multiplying the median deviation by 0.015 facilitates normalization, which makes all deviations below the first standard deviation less than -100, and all deviations above the first standard deviation more than 100. This adaptive version is based on the indicator described by John Ehlers, in the book Rocket Science for traders. The indicator uses the homodyne
Tired of adjusting the indicator settings losing precious time? Tired of the uncertainty regarding their efficiency? Afraid of the uncertainty in their profitability? Then the indicator ACI (automatically calibrateable indicator) is designed exactly for you. Launching it, you can easily solve these three issues just performing the simplest action: clicking a single Calibrate button. To achieve the highest efficiency, you should perform another additional action: move the power slider to the maxi
Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (two methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and vis
The Relative strength index is an oscillator that follows price, it was introduced by Welles Wilder, who went on to recommend the 14 period RSI. This adaptive version is based on the indicator described by John Ehlers, in the book 'Rocket Science for Traders'. The indicator uses the homodyne descriminator to compute the dominant cycle. To apply the homodyne descriminator, real and imaginary parts have to be calculated from the Inphase and Quadrature components. (Inphase and Quadrature components
This indicator is a moving average with few noises, slight delay and no repaint. This indicator is applicable also to other oscillators. Input Parameters: M3 Period : period of averaging of M3, 3 on default; M3 Shift : shift of M3 line, 0 on default; Indicator ID : number for identifying an indicator, 0 on default; Applied Price : PRICE_MEDIAN on default.
Tired of constant hanging in dull markets and/or missing big trends? Volatility Hunter can be a good solution for you. This new indicator uses second derivative to measure volatility (and thus probability of beginning/continuation of a trend). It monitors minor changes in character of price movements simultaneously with volumes (tick or real), therefore providing early entry points and conservative exits. Unlike analogs, Volatility Hunter is additionally filtered in order to avoid going off-scal
Reversal Hunter is a new leading oscillator. It monitors small changes in volume and price volatility using second derivative, thus providing an accurate prediction of trend reversals. Though Reversal Hunter shows its best results with reliable volume data (tick or real), special option of "synthetic" volume (which uses OHLC data only) is implemented to optimize performance in case of poor or missing volume data. The oscillator is drawn as two-color line for easy detection of trend changes.
The MWC COX indicator shows the extreme zones of net short/long positions of the Commitments of Traders Report released by the CFTC once a week for four periods of time. Default settings are periods of 12, 26, 52 and 156 weeks. Additional Features Displays the sum of all 4 periods in one line MA, MOM and RSI indicators are integrated ( not in the MQL5 Version 1.0 ) Please make sure that you download the MWC_Demo.zip file and unpack it into [...]/MQL5/Files folder. -> www.myweeklycot.com/
MACD is familiar to all of us. It is based on two moving averages (slow and fast). MACD lrma MT5 is based on two moving averages either. But the cornerstone of these MAs is the linear regression algorithm. Settings: InpFastEMA- fast moving average period InpSlowEMA - slow moving average period InpSignalSMA - signal line period
SSACD - Singular Spectrum Average Convergence/Divergence This is an analogue of the MACD indicator based on the Caterpillar-SSA ( Singular Spectrum Analysis ) method. Limited version of the SSACD Forecast indicator. Limitations include the set of parameters and their range. Specificity of the method The Caterpillar-SSA is an effective method to handle non-stationary time series with unknown internal structure. The method allows to find the previously unknown periodicities of the series and mak
This is the same indicator created by Mustapha BELKHAYATE now available for free. This indicator is best used to time the market and enter trades during periods of least risk. Apply this indicator along with the Center of Gravity indicator in order to identify price extremes. Then use free timing to trade potential turning points. This indicator is an oscillator similar in ilk to the Relative Strength Index. Indicator values range from 0 to 100, with values below 30 or 20 signaling overselling a
The double smoothed Stochastic indicator is similar to the standard Stochastic. The difference is the double smoothing. This feature of the oscillator does help to overcome some of the limitations of the standard Stochastic oscillator to a certain extent. This relates to the Stochastic Oscillator's tendency to fail when the market is trending strongly. The result is a smoother indicator that responds slower to price fluctuations, enabling its usefulness even when the market is trending. This ind
The indicator identifies when a divergence occurs between price and an oscillator. It identifies both regular and hidden divergences. This free version has some limitations compared with the paid version . For instance alerts are not supported. Please also check out my other divergence products : Divergence dashboard Double divergence scanner Features Can detect divergences for the following oscillators/indicators: MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX , ATR, OBV, Composite in
JARSI (J-smoothed Adaptive RSI) brings the famous indicator to a new height. Though it preserves the conventional RSI, the following features are added: Adaptiveness to the period of market cycles, which makes JARSI more stable in changing conditions. J-smoothing significantly reduces noise and allows detecting divergence signals more accurately.
A top-quality implementation of the famous Super Trend indicator, which needs no introduction. It is completely loyal to the original algorithm, and implements many other useful features such as a multi-timeframe dashboard. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade It implements alerts of all kinds It implements a multi-timeframe dashboard It is non-repainting and non-backpainting Input Parameters ATR Period - This is the average true range per
Technical indicator Relative Strength Index (RSI) is a price following oscillator, whose values vary between 0 and 100. Values below 30 indicate an oversold state, and values above 70 indicate an overbought state. The classic interpretation of it is the following: if the oscillator line goes out of the oversold zone, it is a signal for opening a long position. If it goes out of the overbought zone, it is a signal for opening a short position. The indicator displays entry points on the chart usin
The Trend Detect indicator combines the features of both trend indicators and oscillators. This indicator is a convenient tool for detecting short-term market cycles and identifying overbought and oversold levels. A long position can be opened when the indicator starts leaving the oversold area and breaks the zero level from below. A short position can be opened when the indicator starts leaving the overbought area and breaks the zero level from above. An opposite signal of the indicator can
Value Chart indicator presents the Price evolution in a new form. This indicator, Price Momentum , was developed taking all the calculations presented in the book " Dynamic Trading Indicators " by Mark W. Helweg and David Stendahl (2002). The technique involves de-trended Prices from a user-defined Period of analysis and the addition of a Volatility index correction. The result is an Oscillator with 3 zones: Fair Price Value, Overbought/Oversold and Extremely Overbought/Oversold zones. Adding th
The indicator determines trend/flat status of the market using Bollinger Bands. Bollinger Bands diverge when the market moves sharply and converge when there is flat. The indicator uses this peculiarity. When the market is calm and distance between Bollinger Bands is less than some value, the indicator shows flat (gray histogram by default). When the market starts moving and divergence of Bollinger Bands exceeds this value, the indicator determines direction of the movement and shows an up trend
The indicator plots two lines by High and Low prices. The lines comply with certain criteria. The blue line is for buy. The red one is for sell. The entry signal - the bar opens above\below the lines. The indicator works on all currency pairs and time frames It can be used either as a ready-made trading system or as an additional signal for a custom trading strategy. There are no input parameters. Like with any signal indicator, it is very difficult to use the product during flat movements. You
Follow The Line This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more powerful and reliable signals. Get them
The MACD indicator in MetaTrader 4/5 looks different than the MACD indicator in most other charting software. That's because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA whereas according to MACD definition it's supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal l
Highly configurable Stochastic indicator. Features: Alert functions. Multi timeframe ability (lower and higher TF also). Color customization. Linear interpolation and histogram mode options. Works on strategy tester in multi timeframe mode (at weekend without ticks also). Adjustable Levels. Parameters: Stochastic Timeframe: You can set the lower/higher timeframes for Stochastic. Bar Shift for Lower Timeframe: Shift left or right the lower timeframe's candle. Stochastic K Period, Stoc
The divergence indicator displays the divergence of the price and the indicator on the main chart. Divergence is like any other signal. It cannot be used a single signal. It show good results when used together with other indicators. A set of such indicators depends on the trade system. That can moving averages, Fibonacci levels or some other indicators.
Sniper MACD indicator which has been improved by several methods. it has an additional filter it is smoothed several times in order to get maximum informacion a volume indicator is also added to it in order to more accurately display information about the market and the current price condition indicator on timeframes from m1 to m30 as it is configured for short-term timeframes I advise you to trade on highly volatile currency pairs, for example, such as eur.usd - eur.jpy Thank you for your atten
Stochastic RSI makes a stochastic calculation on the RSI indicator. The Relative Strength Index (RSI) is a well known momentum oscillator that measures the speed and change of price movements, developed by J. Welles Wilder. Features Find overbought and oversold situations. Sound alert when overbought/oversold level is reached. Get email and/or push notification alerts when a signal is detected. The indicator is non-repainting. Returns buffer values for %K and %D to be used as part of an EA. (s
An analogue of the Stochastic oscillator based on algorithms of singular spectrum analysis (SSA) SSA is an effective method to handle non-stationary time series with unknown internal structure. It is used for determining the main components (trend, seasonal and wave fluctuations), smoothing and noise reduction. The method allows finding previously unknown series periods and make forecasts on the basis of the detected periodic patterns. Indicator signals are identical to signals of the original i
The indicator is based on the stochastic indicator projected on the main chart. It shows potential reversal zones. The indicator contains a self-optimization module for finding optimal settings. The indicator automatically saves optimized settings for each trading symbol and timeframe. Key features Stochastic projected on the main chart Price action confirmation of reversal patterns Fixed take profit level based on price action Fixed stop loss level based on price action Signals generation for a
The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A
This multi time frame and multi symbol divergence dashboard indicator sends an alert when one or two different divergences have been identified on several time frames. It can be used with all time frames from M1 to MN . Max. 9 time frames can be shown in the dashboard at the same time. It is possible to enable moving average or RSI trend filter to filter out only the strongest setups. This free version is limited to EURUSD, GBPUSD and USDJPY and without the option to send mail and push alerts
- Improved imput