Guiding Thread

Guiding Thread is based on the standard RSI with a customizable period. The market entry signal is triggered after the indicator crosses a certain level. The event is marked by an appropriate line (blue - going long, red - going short) and the price label having the appropriate color. In other words, if the previous signal was for going short (red line and price label), the next one indicates the upcoming reversal and the necessity to go long (blue line and price label). A trading signal is preceded by a white level with a price label having an appropriate color. The white price label indicates that the signal levels have already crossed and it is time to reverse a trade.

The indicator is plotted from the left visible bar to the bar with the 0 index (the current one). If seen on the chart, the first (leftmost) bar is used as an initial one to calculate the indicator.

The indicator allows linking the current or manually set spread, selected lot and national exchange rate to the deposit currency, as well as the multiplier (equal to 100 in case of a cent account) and price levels assigned by the same indicator. The indicator defines the necessary margin, the value of a point in national currency at the selected lot value and what amount is used for the current or manually set spread. It also shows a symbol type, direct and reverse quotation or cross rate. The equivalent in the recalculated national currency is specified above and below the signal lines according to the data specified in the setup data.

The curve of the smoothed RSI indicator is plotted in a separate window (light line on a standard dark background) and the indicator with the period of RSI2 is applied to it.


Parameters

  • OnOffLines - enable/disable the lines (enabled);
  • RSI - RSI period (13);
  • RSI2 - period of RSI application to the smoothed curve in a separate window;
  • SignalVolume (1.7) - Volume/Sec. information ratio parameter. After reaching the specified value, a strong price movement is probable (selected individually for each symbol during the London and American sessions). The MetaTrader 4 tester shows artificial results;
  • Lot - lot selected for calculation (0.02);
  • Exch - national currency/deposit currency exchange rate;
  • Cent - correction factor (100 for cent account, otherwise 1);
  • AlertOnOff - enable/disable indicator signal notifications;
  • MailOnOff - if alerts are enabled, an email message is sent;
  • OnOffMSpread - enable/disable manual spread setting on weekends (false);
  • MSpread - spread;
  • font_size - font size for the text (10);
  • font_name - font name ("Arial");
  • LineUPColor - Up signal line color (clrBlue);
  • LineDOWNColor - Down signal line color (clrRed);
  • MarkUPColor - Up price label color (clrCyan);
  • MarkDOWNColor - Down price label color (clrYellow);
  • AttColor - Volume/Sec. data parameter color, if it exceeds SignalVolume (1.7);
  • SummColor - profitability line color (estimated) (clrWhite);
  • TextColor - text message color (clrAquamarine).

The line is shown from the rightmost current bar to the last signal. The equivalent of the passed points in national currency according to the set rate is displayed in figures and duplicated in the text block.

The built-in "alerts" and email messages are built into the indicator.

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GM Stochastic MIDL indicator is based on the averaging of the two Stochastics (7,3,4) and (20,3,7) with the level limitation. The only parameter Lim is used for that. The central operator: IIndBuffer[i]=(( iStochastic ( NULL , 0 , 7 , 3 , 4 , MODE_SMA , 0 , MODE_MAIN ,i)+ iStochastic ( NULL , 0 , 20 , 3 , 7 , MODE_SMA , 0 , MODE_MAIN ,i))/ 2 - 50 ) The indicator values are changed from -Y to +Y via 0 after its execution. The white line. The indicator is supplemented by the growth/decrease histog
The Greed Master Stochastic 2 Lines indicator uses the Stochastic indicator. And based on the data on intersections with the levels , it plots two High and Low lines according to the rates for the change period of the Stochastic indicator. All parameters are set to default, but they can be adjusted if necessary. Also, the arrows show the High and Low price values for the specified period. If you correctly fill parameters of the account and exchange rate of the currency in the country the indicat
The Expert Advisor trades using the Stochastic indicator with the specified parameters. A trade is opened at the crossover of the specified levels. The default levels are K = 11, D = 3, Sl = 3. The EA opens a trade when overbought and oversold levels specified by the trader are crossed. Trades are closed by Take Profit levels, which are hidden form the broker. If a wrong direction is chosen, the EA opens an averaging grid of orders. Expert parameters MAGICB - Long magic number; MAGICS - Short m
The RSI Signals Manager Expert Advisor trades the signals of the RSI indicator. Trades are performed in an appropriate direction when the indicator reaches the value of RSI_Level_Down or RSI_Level_Up . If the indicator exceeds RSI_Level_Up , Short direction is selected for initial trades. If the indicator falls below RSI_Level_Down , Long one is selected. If Inversion = true , the trades are opened in the reverse direction. Profitable trades are closed by take profit. Loss-making ones are averag
The Forex Trading Guide indicator works based on the standard RSI indicator with an adjustable period. Crossing the internal level calculated mathematically, the indicator gives a signal for opening a trade in a certain direction, showing it on the price chart with the corresponding line (blue - deal up, red - deal down) and the price label of the corresponding color . In other words, if the previous directive was to deal down (the line and the price label in red), then the next directive will b
The Expert Advisor trades using the Stochastic indicator with the specified parameters. A trade is opened at the crossover of the specified levels. The default levels are K = 11, D = 3, Sl = 3. The EA opens a trade when overbought and oversold levels specified by the trader are crossed. Trades are closed by Take Profit levels, which are hidden form the broker. If a wrong direction is chosen, the EA opens an averaging grid of orders. If there is no signal for opening a position by Stochastic indi
EA Boat GoodLine The Boat GoodLine expert Advisor works by averaging two stochastics with selectable and configurable parameters, limiting noise and minor "false" movements using the Lim parameter. The EA is easily optimized for selecting all settings parameters. The robot calculates the trend and makes trades in the direction of it. The EA has two modes for ending trades.  Normal mode ( Net = false ) ends trades with the TakeProfit or StopLoss expert Advisor.  In the " Net = true " mode, i
Ship Cruise The Ship Cruise expert Advisor trades on the RSI indicator signals. Trades are made in one direction or another when the indicator reaches values of 30 or 70 .  Profitable trades are closed with a take profit. Unprofitable ones are processed by the expert Advisor using the averaging method, a network of transactions is built in the same direction, the break-even level is calculated, and when the price reaches this level, the network is closed with a take profit. The EA has a min
The EA uses the Stochastic indicator. Long and Short trades are opened each in their own range of indicator levels. The lot of transactions changes depending on the established risk level and the results of previous transactions. The EA has two modes of use. 1-without using the averaging network. 2 - using the averaging network. To choose from, according to your preferences. The settings for these modes are different. The default settings are optimized for EURGBP M15 in non-network averaging
The Grid stability plus semi automatic expert Advisor trades on the signals of the RSI indicator. Trades are made in different directions when the indicator reaches values of 30 or 70 . If the indicator is greater than 70 , the Short direction is selected for initial trades, and if the indicator is less than 30 , the Long direction is selected. Profitable trades are closed by take profit. Unprofitable ones are processed by the expert Advisor using the averaging method, a network of transactions
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