RenkoChannelSignals

The indicator displays Renko bars on the chart, plots a channel based on that data and generates buy/sell signals.

Renko is a non-trivial price display method, in which a bar within a time interval is shown on the chart only if the price has moved a certain number of points. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency.

The channel is defined as the upper and lower boundaries of the price movement over the specified period. It is displayed on the chart as lines of the specified color and the middle line.

The buy signal is generated when one or multiple Renko bars break through the upper boundary of the channel, followed by the price rolling back up to the middle line with a new bar forming towards the breakout direction. The sell signal is in the opposite direction: the lower boundary is broken through, rollback below the middle line, continued downwards.

The signals are displayed on the chart as arrows of the corresponding direction, by messages in a pop-up window, e-mails and push-notifications. The indicator also generates the EventChartCustom custom event for using the signal in automation of trading. The event generated by the indicator can be handled by an EA in the OnChartEvent function. The indicator passes the following parameters to the event handler: id - identifier; lparam - distance from the middle line of the channel to the maximum rollback of the price in points; dparam - value of the opposite channel line; sparam - text message.

The indicator can be attached on chart of any symbol with any timeframe.


Parameters

  • RenkoBar - size of a Renko bar in points (automatically recalculated for five-digit and three-digit quotes);
  • CountBars - the number of Renko bars displayed on the chart;
  • bearColor - color of a bearish Renko bar;
  • bullColor - color of a bullish Renko bar;
  • hideBars - flag to hide the usual bars on the chart;
  • useHistoryM1 - allow using the M1 quotes for the initial rendering of the indicator;
  • chPeriod - PriceChannel period;
  • UpColor - color of the upper line of the PriceChannel;
  • DownColor - color of the lower line of the PriceChannel;
  • MiddleColor - color of the middle line of the PriceChannel;
  • SignalColor - color of the signal arrows;
  • useAlert - enable pop-up alerts;
  • useMail - enable email notifications;
  • useNotification - enable push notifications;
  • CustomEventBuy - identifier of a custom buy event (0 - disabled);
  • CustomEventSell - identifier of a custom sell event (0 - disabled);
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Binary Options Support Resistance Indicator This indicator is designed for binary options trading and effectively shows retracements from support and resistance levels. Signals appear on the current candle. A red arrow pointing downwards indicates a potential selling opportunity, while a blue arrow pointing upwards suggests buying opportunities. All that needs adjustment is the color of the signal arrows. It is recommended to use it on the M1-M5 timeframes as signals are frequent on these timef
UPD1 Murrey Math Combo Levels
Vitaliy Kuznetsov
5 (14)
Indicators
The meaning of this indicator is to   find Murray levels on all timeframes   and combine them into   combo levels , including signal levels based on strong Murray levels (+2, +1, 8, 4, 0, -1, -2). The lower the timeframe, the more chances you have to see the combo level immediately. It will be highlighted in color. When you hover over any number, a hint will pop up to which timeframe the level belongs to. But you will always see the current timeframe as the leftmost one. A  smart alert  will he
Contraction Breakout
Darko Licardo
Indicators
As traders, we know that identifying price contractions and consolidations is crucial for profitable trading. Fortunately, we have a powerful tool at our disposal. The indicator to trade price consolidation is designed to identify price contraction and alerts us on formation. It does this by analyzing historical price data and identifying price action patterns. The algorithm then uses this information to mark the zone , potential targets and liquidity lines, giving us valuable insights into mark
Beast Super Signal
Florian Zuercher
4.73 (89)
Indicators
Limited SALE Now On!!! Get 20% OFF! Was $249, now only $199! The Beast Super Signal indicator is a straightforward, trend-based indicator that's easy to use. It continuously monitors current market conditions, looking for new trends or opportunities to join existing ones. When all of its internal strategies align perfectly, the indicator provides a buy or sell signal. Just act on the signal arrow alert; no additional confirmation is needed. This versatile trading tool works across all currency
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TripleRSI MT5
Sergey Deev
Indicators
Индикатор отображает на графике данные RSI рабочего и двух старших тайм-фреймов, формирует сигналы выхода из зоны перекупленности / перепроданности кривой среднего временного периода. Опционально используется фильтр по данным старшего тайм-фрейма (расположение медленной линии выше средней для продажи и ниже средней - для покупки). Сигналы "подвального" индикатора дублируются на главном окне, отправляются сообщения во всплывающее окно, на почту и на мобильное устройство. Параметры индикатора: RSI
EA Locking Grid
Sergey Deev
5 (1)
Experts
Semiautomatic EA for trading based on the averaging and locking strategy. The trader sends signals for opening grids by using the buttons on the chart. The EA opens a market order, places a grid of limit orders in the same direction with lot multiplication according to specified parameters and a locking stop order in the opposite direction with the volume equal to the sum of all the previous ones. Once the price passes the specified breakeven level, the EA places a stop loss at the open price+sp
MTF Stochastic
Sergey Deev
Indicators
The indicator displays the data of the Stochastic oscillator from a higher timeframe on the chart. The main and signal lines are displayed in a separate window. The stepped response is not smoothed. The indicator is useful for practicing "manual" forex trading strategies, which use the data from several screens with different timeframes of a single symbol. The indicator uses the settings that are identical to the standard ones, and a drop-down list for selecting the timeframe. Indicator Paramet
MultiTF Candles
Sergey Deev
Indicators
The indicator displays the data of the candles from a higher timeframe on the chart. Only the candle body (by the open and close prices) is displayed. The candlesticks are colored depending on the difference between the open and close prices. After removing the indicator from the chart, the objects used by it are deleted automatically. Indicator Parameters TimeFrame - time frame (drop-down list) BearColor - bearish candle color (standard dialog) BullColor - bullish candle color (standard dialog
MTF MACD
Sergey Deev
Indicators
The indicator displays the data of a standard MACD indicator from a higher timeframe. The product features notifications of crossing the zero or signal line by the histogram. Parameters TimeFrame - indicator timeframe (dropdown list) MacdFast - fast line period MacdSlow - slow line period MacdSignal - signal line period MacdPrice - price type (dropdown list) AlertCrossZero - enable notifications of crossing the zero line AlertCrossSignal - enable notifications of crossing the signal line UseNot
MTF MovingAverage
Sergey Deev
Indicators
The indicator displays the moving average of a higher timeframe on the chart. The indicator parameters TimeFrame - time frame of the moving average (drop-down list) MaPeriod - moving average period MaMethod - moving average method (drop-down list) MaShift - moving average shift MaPrice - moving average price (drop-down list)
MTF ATR
Sergey Deev
Indicators
The indicator displays the data of the Average True Range (ATR) from a higher timeframe on the chart. It allows you to see the scope of the movement without having to switch to another screen terminal The indicator parameters TimeFrame - time frame of the data (drop-down list) can not be lower than current AtrPeriod - period of the Average True Range indicator a higher timeframe range
MTF ADX
Sergey Deev
5 (1)
Indicators
The indicator displays the data of the standard ADX indicator from a higher timeframe on the chart. Several indicators with different timeframe settings can be placed on a single chart. The indicator parameters TimeFrame - time frame of the data (drop-down list) can not be lower than current AdxPeriod - period of the indicator for a higher timeframe AdxPrice - prices for the calculation of the indicator data from a higher timeframe
MACD Divergence
Sergey Deev
2.5 (2)
Indicators
The indicator detects divergence signals - the divergences between the price peaks and the MACD oscillator values. The signals are displayed as arrows in the additional window and are maintained by the messages in a pop-up window, e-mails and push-notifications. The conditions which formed the signal are displayed by lines on the chart and in the indicator window. Indicator Parameters MacdFast - fast MACD line period MacdSlow - slow MACD line period MacdSignal - MACD signal line period MacdPric
Harmonic Butterfly
Sergey Deev
Indicators
The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns. Parameters z
Magic MovingAverage
Sergey Deev
Indicators
The indicator displays the averaged value of the moving averages of the current and two higher timeframes with the same parameters on the chart. If the moving averages are located one above the other, the resulting one is painted in green, showing an uptrend, in the opposite direction - red color (downtrend), intertwined - yellow color (transitional state) The indicator parameters MaPeriod - moving average period MaMethod - moving average method (drop-down list) MaShift - moving average shift M
Sqrt Moving Average
Sergey Deev
Indicators
The indicator displays the price movement on the chart, which is smoothed by the root mean square function. The screenshot shows the moving average with period 20, the smoothed root mean square (red) and simple SMA (yellow). The indicator parameters MAPeriod - Moving average period MaPrice - applied price (drop down list, similar to the standard MovingAverage average) BarsCount - number of processed bars (reduces download time when attaching to the chart and using in programs).
SqrtDev
Sergey Deev
Indicators
The indicator displays the standard price deviation from the root mean moving average line in the additional window. The screenshot displays the standard indicator (the lower one) and SqrtDev (the upper one). Parameters SqrtPeriod - root mean line and standard deviation period. SqrtPrice - applied price (drop-down list). BarsCount - amount of processed bars (reduces the download time when applying to a chart and using in programs).
Harmonic 50
Sergey Deev
Indicators
The indicator detects and displays the 5-0 harmonic pattern on the chart according to the scheme provided in the screenshot. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, does not require additional installation). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The indicator highlights not only the complete figure, but also the time of its formation. During the formation the f
Harmonic ABCD
Sergey Deev
Indicators
The indicator detects and displays the AB=CD harmonic pattern on the chart according to the scheme provided in the screenshot. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, does not require additional installation). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The indicator highlights not only the complete figure, but also the time of its formation. During the formation the
UniversalEA
Sergey Deev
3.4 (5)
Experts
The Expert Advisor allows you to build a trading system based on a custom indicator. It performs automated opening/closing of deals based on the signals of an indicator that places values ​​other than 0 and EMPTY_VALUE in the buffer. The EA polls the values ​​of the specified indicator buffers, opens/closes and accompanies trades according to the specified parameters. The Expert Advisor implements the following trade support functions: - installation for the transaction SL and TP; - calculation
Harmonic SWAN
Sergey Deev
Indicators
The indicator detects and displays the White Swan and Black Swan harmonic pattern on the chart according to the scheme provided in the screenshot. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, does not require additional installation). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The indicator highlights not only the complete figure, but also the time of its formation. Duri
Harmonic Shark
Sergey Deev
Indicators
The indicator detects and displays Shark harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is comple
Harmonic 3Drives
Sergey Deev
Indicators
The indicator detects and displays 3 Drives harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is com
Harmonic Cypher
Sergey Deev
Indicators
The indicator detects and displays Cypher harmonic pattern also known as Anti-Butterfly (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangle
MultiTimeFrameZZ
Sergey Deev
Indicators
The indicator displays ZigZag lines from a higher timeframe (see the example in the screenshot). The red thin line is the current timeframe's ZigZag, while a thicker yellow line is the higher timeframe's one. The indicator is repainted as the data is updated. Parameters Depth, Dev, Back - ZigZag parameters; BarsCount - amount of processed bars (reduces the initial download time and decreases the load when using in an EA); TimeFrame - indicator timeframe (cannot be lower than the current one).
RenkoMaSignals
Sergey Deev
1 (2)
Indicators
The indicator displays Renko bars on the chart, plots two moving averages by them and generates buy/sell signals based on the conditions displayed in the screenshots and described below: the buy signal is formed if the fast moving average is above the slow moving average, from 4 to 10 consecutive bullish Renko bars are displayed, followed by no more than 2 bearish and one bullish Renko bars; the sell signal is formed if the fast moving average is below the slow moving average, from 4 to 10 conse
RenkoMacdSignals
Sergey Deev
1 (1)
Indicators
The indicator displays renko bars on a chart, use them to plot MACD histogram and provides buy/sell signals: signal of MACD histogram crossing its signal line; signal of MACD histogram crossing the line 0. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficienc
RenkoMaStoch
Sergey Deev
1 (1)
Indicators
The indicator displays renko bars on a chart, uses them to plot the fast and slow moving average and Stochastic, as well as it provides buy/sell signals: a buy signal is generated when the fast moving is above the slow one, and the signal line of Stochastic crosses the lower level from bottom up; a sell signal is generated when the fast moving is below the slow one, and the signal line of Stochastic crosses the upper level from top to bottom; Renko is a non-trivial price display method. Instead
RenkoZigZag
Sergey Deev
Indicators
The indicator displays Renko bars on the chart and uses them to plot the ZigZag - trend lines connecting the local Lows and Highs of the price movement. Renko - specialized display of the price action, in which the graph is displayed not every bar of the time frame, but only under the condition that the price had passed more than the specified number of points. Renko bars are not bound to a time frame, so the indicator can work on any time frame with the same efficiency. This implementation of t
RenkoButterfly
Sergey Deev
Indicators
The indicator displays Renko bars on the chart, uses them to plot the ZigZag - trend lines connecting the local Lows and Highs of the price movement, and highlights them based on the Gartley patterns, showing the potential price reversal points. Renko - specialized display of the price action, in which the graph is displayed not every bar of the time frame, but only under the condition that the price had passed more than the specified number of points. Renko bars are not bound to a time frame, s
RenkoMACD Divergence
Sergey Deev
1 (1)
Indicators
The indicator displays renko bars on a chart, uses them to plot the MACD oscillator and determines the divergence conditions (divergences of price movements and oscillator values). The buy/sell signal is formed if the next High/Low price is not confirmed by the oscillator values. The ZigZag indicator is used to evaluate the extremums. Only the last 3 peaks are taken into account (see the screenshot). If peak 1 is higher than peak 2 or peak 3, and at the same time the macd value is lower, then a
RenkoABCD
Sergey Deev
Indicators
The indicator displays renko bars on a chart and uses them to create ZigZag indicator - trend lines connecting local price movement Highs and Lows. The indicator, in turn, is used to create AB=CD displaying potential price reversal points. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any time
RenkoSarMA
Sergey Deev
Indicators
The indicator calculates and displays renko bars using MA and PSAR data as well as provides buy/sell signals. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. Buy signal forms when PSAR readings are moving down, MA is moving up, the price is closing ab
RenkoMaPriceChannel
Sergey Deev
1 (1)
Indicators
The indicator displays Renko bars on the chart, uses their data to calculate and display the moving average, PriceChannel and generates buy/sell signals. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. The PriceChannel indicator displays the upper, lo
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