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Masters Bars

Masters Bars is an indicator that plots a line over High and Low of the last Master Bar.

A Master Bar is defined as the decisive candle that exceeds the last decisive candle High-Low range.

This helps traders to see if the chances for trend continuation improve or the chances for a trend reversal increase when Masters Bars range is broken.

Masters Bars include an Alarm function that produces a sound, or even can send an email and/or push notification depending up what you have configured in your terminal (Tools/Options).

The alarm function also have a threshold level to avoid false alarms due slight or over-extended cross.

For owners of Control adora EA, Masters Bars includes the capability to set its levels as trade levels by using the ss or bs price arrows.


Indicator Parameters

  • Set bs and ss on crosses (for Control-adora) - Set as true if you own a Control adora Expert Advisor and want to set a trade level based up on MastrersBars.
  • Level Line Prefix - Sets the first part of the name of each MastersBars' level (useful when use more than one instance of the indicator to plot several timeframes MastersBars).
  • Time Frame - Set the timeframe to calculate the MastersBars' levels.
  • Search for what kind of trades - This allow you to choose among the following choices for the alarm and (if applicable) Control adora's (bs or ss) arrows:
    • Both - Alerts you in each cross of the MastersBars levels.
    • Buys - Alerts you in the bullish crosses of the MastersBars levels.
    • Sells - Alerts you in the bearish crosses of the MastersBars levels.
  • Minimum Threshold to Alert - Sets the minimum distance that the closing bar that crosses the MastersBars levels should exceed the MastersBars' range (High - Low).
  • Maximum Threshold to Alert - Sets the maximum distance that the closing bar that crosses the MastersBars levels should exceed the MastersBars' range (High - Low).
  • Color lines - Sets the color of the plotted lines.
  • Minimum minutes between alerts - Sets the minutes that should pass after an alert to set a new alert.
  • Alarm interval in seconds - Sets the seconds between each alarm sound.
  • Alarm Iterations - Set the number of alarm repetition for each alarm event.
  • Alert on Close Candle - Set as true if you want the alerts be active after a candle close crossing the MastersBars levels. Set as false if you want to activate the alert as soon as a Masters Bars level is crossed by actual Bid price.
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First of all Its worth emphasizing here that this Trading Tool is Non-Repainting Non-Redrawing and Non-Lagging Indicator Which makes it ideal for professional trading . Online course, user manual and demo. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders . It packs more than 20 useful indicators into one combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies . This indicator focuses on
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Moon Phase
Sergio D. Rocha
5 (1)
Indicators
Gann and other analyst had found a curious correlations between moon phases and change in trends, this is an excellent indicator to test those relation and use what you find useful. It's very simplistic, can calculate the moon phases using the average moon cycle duration of 29 days 12 hours 44 minutes since the 1970 first full moon registered at January 22nd. You can also place a known full moon's date, to start the count since the daily opening of that date. In its window will plot a vertical l
Elliott Wave Tool Lite
Sergio D. Rocha
5 (2)
Utilities
This is a reduced version, demo if you like, of the published Elliott Wave Tool 7Pasos . The limitations for this tool vs Elliott Wave Tool 7pasos are the following: Only one account possible, the original tool has 1 principal and 4 alternative accounts. Only one degree (Primary) is available, in the original tool 12 different degrees (6 in micro) are at your disposition. As only one degree is available, the functions to upgrade and downgrade the degree of the selected wave are disabled. Fixed c
FREE
DollarAndEuroIndex
Sergio D. Rocha
4.67 (3)
Indicators
This is an extension of the previous published DollarIndex with the addition of the function for calculating EURO Index under ICE Formula. Note that the broker should provide the following data: For Dollar Index formula, EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK and USDCHF are needed. For Euro Index formula, EURUSD, EURGBP, EURSEK and EURCHF are needed. Now in this version if the SEK (the most uncommon) is not provided, the formula still works, since it adds 0.0001 to its value, but the index will
FREE
SundayCandle
Sergio D. Rocha
Utilities
This is a very simple indicator that mixes the Sunday session with the Monday one. This is useful because the Sunday session is a partial session mostly with only Australian and Asian sessions included, so the analysis of the Monday's daily session if mixed with Sunday tends to be more comprehensive. This indicator plots a candle with the following values: Open - the Friday's Close or Sunday's Open (depending on your choice). High - the highest High of Sunday and Monday. Low - the lowest Low of
FREE
Dollar Index
Sergio D. Rocha
4.5 (4)
Indicators
This indicator calculates directly the value of the dollar index by using the ICE formula to plot the chart, this can help you as reference. You do not need your broker to provide the ICE DX to use this indicator, is a way to have it calculated. Little discrepancies could be found in the exact value of the candles or time due closing time of the trading floor and the use of decimals, but generally will give you good reference.  You need your broker offers the feed for the following pairs in orde
FREE
Trailing Even for Controladora
Sergio D. Rocha
Utilities
Trailing Even is a free complement for the Control adora Expert Adviser. It adds a trailing stop function and changes the exit level that works as stop loss if some price is reached, let's review how to make it work: First of all make sure you have the same language selected both in the Control adora Expert and in this indicator.  Change of the exit level that works as stop loss with "BES" and "BEO": This function needs 2 arrows to work: 1 named BES (stands for Break Even Start) place it at the
FREE
TradeALot for Controladora
Sergio D. Rocha
Utilities
"TradeALot" is a plug-in for the Expert Advisor Control-adora . It allow you to place programmed orders without the need to write the name of the order in the Arrow (like bs, ss, bl, sl, sl1, sl2, etc). Just drag and drop the button for "Programmed Buys" or "Programmed Sells" over the candles-zone at the place where you want to program the order and TradeALot will compare the bid price with the position where you dropped the button and will decide if the order need to be "Stop" or "Limit". With
FREE
LevelsGrid
Sergio D. Rocha
Utilities
This is a simple script that places a defined number of lines above and below a given price.  The script lets you set the number of lines, the separation in pips and the color.   Instructions: Drop the script on a chart to draw the level lines  If the last parameter is set to false, the script will delete the lines previously placed by it.  Parameters:  English? Turn it yes to use English language, false will turn language to Spanish  Separation Set the pips distance among lines  From Price
FREE
ZeroEntryOrder Plug in
Sergio D. Rocha
4 (1)
Utilities
This is a technical indicator that works as a plug-in for "Control adora" - the Expert Advisor that helps you to calculate, place and control positions on the chart. When run on a chart with Control adora EA, this plug-in allows setting entry levels that send orders at contact, while you have StopCloseOnly (OCO in Comments) = 1 settled in Control adora (meaning that without this, the indicator will send the order only when the price Close crosses the arrow level). This indicator only works if yo
FREE
RepliTrades Source
Sergio D. Rocha
Utilities
This is a system consistent of 2 components: RepliTrades Source: It sends the trades to one or more terminals into the same Computer RepliTrades Trader: It trades the orders sent by RepliTrades Source  Please watch the video to learn how it works and use it. Features: Manage up to 300 trades at same time in each terminal Work with any broker, no matter if uses suffix or prefix in symbols names Replicate pending orders (limits or stops orders) or direct trades (market orders, etc) and its modif
FREE
ManualBackTest
Sergio D. Rocha
Utilities
This is a technical indicator that put on strategy tester the buttons of the expert adviser "Control adora". Usually when applied the controladora to the strategy tester, the buttons do not appear and therefore its functions (like directly buy, sell, close orders or place stop loss indicator) can't be used. But now you can if have the Manual Backtest indicator. If you don't have Control adora, you can get it from here . This indicator get on the chart the buttons that can be of use in strategy t
FREE
Delete All
Sergio D. Rocha
Utilities
This is a very silly script but perhaps you find it useful. It deletes all objects from the chart. I recommend setting a hot key to call it just by pressing a couple of keys on your keyboard.  To avoid accidental deletion of object, the script will ask you to confirm the action as you won't be available to restore them with "undo" (Ctrl+Z).
FREE
AllHere for Controladora
Sergio D. Rocha
Utilities
AllHere is a plug-in for Control-adora that works as information panel. Its main function is to show you all the Control-adora elements placed in the chart, like the Control-adora's orders or the exit lines. On the lower left corner, AllHere shows a collection of buttons classified by color (you can set them in the indicator's properties) for several elements used in Control-adora system: Stop loss indications (stop loss Arrows) Exit lines Above (Above trend lines) Exit lines Below (Below trend
FREE
CorExTi format lines in a click
Sergio D. Rocha
Utilities
CorExTi is a tool that will save you literally hours in your daily routine to draw lines and other graphic elements in your charts.   With a temporary panel discreetly displayed on your screen at the touch of a graphic element as trendline:  Changes the object between 4 favorite line styles (with color, line thickness and style)  Cuts trendlines, when are extended, just at the point where you touch them Extends trendlines (active property of Ray) which are not extended  Or deactivates visualizat
RotaGrafico
Sergio D. Rocha
Utilities
The best way to monitor multiple pairs within little workspace. RotaGrafico sequentially displays up to 6 different pairs. It has buttons to set a pair more time for observation. Normal exposure time adjustable. Broad exposure time adjustable. Combine in a profile, Rotagrafico and use the rest of your workspace to the pair that you want to analyze in detail.
Object Copier
Sergio D. Rocha
5 (2)
Utilities
Did you have to start again the very same analysis because the original one, from where you want to modify, just have so much information that no longer fits? Have you ever wanted to change some in one of your charts and make this new line, Fibo or channel automatically appear in some or the rest of your set of charts? Object Copier is the solution to replicate any object into one or several charts at your desire. No matter if you changed an object, or made it from the scratch. With Object Copie
Control adora
Sergio D. Rocha
4.33 (6)
Utilities
Controladora means in Spanish controller, this is a simple yet powerful Expert Advisor that allows you to control your trading easily and precisely. Do you want to stop your trade when the price cross a trend line? Don't worry, Controladora can do it. Do you want to take profit when the price reaches the top of a channel? Controladora can do it as well. Calculating the exact proportion of your account by opening a trade, which size represents in case of loss a percentage of your balance, is time
Fibo Pro
Sergio D. Rocha
4.33 (3)
Utilities
When you combine short term fibos with the long term, your chart get missed up with a lot of lines that hardly make sense at first view. The best way to improve the clearness and there for the easiness to read your chart is by deleting the fibo levels that you no longer need, for example those levels that the price proved didn’t work as support or resistance. With Fibo Pro, you can activate or deactivate from a set of fibo levels pre-settled by you, without miss with the default fibo configurati
FHDrawer
Sergio D. Rocha
4 (1)
Utilities
Free Hand Drawer is a small app that runs as technical indicator and the only thing that does is that it draws continuous line. To activate it, after adding the indicator to the chart just press the D on your keyboard and click where you want to start drawing. Then every click you make on your chart will be the next nod in your drawing. Use it to draft Elliott waves, or to illustrate ideas on your chart. If you like to draw manually your Gann line you’ll find it handy as well. Each time you want
BreakEven
Sergio D. Rocha
Utilities
BreakEven shows the location of the average price level of the orders in the symbol, to which the indicator is attached. This information allows you to find the break-even. The indicator is helpful if you manage several positions, since it allows you to evaluate the performance of your open trades in a glance. If you trade a single order, it allows you to evaluate the effect of your stop loss and the profit or loss during the time your trade is open. Apart from drawing a break-even level line (w
Gann Line
Sergio D. Rocha
Indicators
Gann Line indicator is usually used in combination with other Gann’s techniques, some say this is a key point in its success. The Gann line is interpreted as trend indicator, a series of higher highs and higher lows in it's trend are considered bullish, and a series of lower lows and lower highs are bearish. As with other technical indicators, for better results Gann Line should be used in combination with other technical concepts as Gann Fan, fibo, swings, supports and resistance, etc. When rev
RepliTrades Trader
Sergio D. Rocha
2.5 (2)
Utilities
This is a system consistent of 2 components: RepliTrades Source: It sends the trades to one or more terminals into the same Computer RepliTrades Trader: It trades the orders sent by RepliTrades Source   Please watch the video to learn how it works and use it. Features: Manage up to 300 trades at same time in each terminal. Work with any broker, no matter if uses suffix or prefix in symbols names. Replicate pending orders (limits or stops orders) or direct trades (market orders, etc) and its mo
Scalp Reference
Sergio D. Rocha
Utilities
The indicator that helps you by plotting a reference to easily determine if a scalping trade (or intraday trade) has chances to work out in your favor. One of the most common issues intraday traders have is the lost of reference to know if a movement is big or small due to the scaling of the chart. With this indicator, you have 3 visual aids on your chart that will help you: "Screener" : Please set the normal stop loss size that you usually apply in your strategy. This will plot a rectangle afte
Pointer Sync
Sergio D. Rocha
3.75 (4)
Utilities
This indicator plots a crosshair pointer in all charts of the terminal in the position relative to the active chart. To activate the Pointer Sync, just press the "+" button that will appear in one of the 4 corners of the chart where the indicator is added. To deactivate the Pointer Sync, just press the "+" button again. Once Pointer Sync is deactivated, the cross lines will disappear in all charts as well. You can adjust the color of the pointers and the button, the corner where the button appea
Boundaries
Sergio D. Rocha
Indicators
This indicator plots a line that shows the high and low of a higher time frame than the one where you have actually in your chart. For example if you want to see the high and low of the day while you are in 1hour chart, set Boundaries to Daily. Boundaries have predefined Monthly, Weekly, Daily and Hourly time frames, but if you want to use a different timeframe, just choose the option Other_TF and write on the next field the minutes for your desired timeframe. As MT4 only works beyond M1 with 5,
Boundaries Weekly
Sergio D. Rocha
Indicators
This indicator works exactly the same as the Boundaries indicator, but here as a free demo that only shows the high and low of the week. As the Boundaries indicator does, this indicator can work with any symbol. In the Colors tab you can set the color for the Upper and Lower boundaries. Please review the pics or watch the Boundaries indicator video to better understand how it works.
AntiCursing
Sergio D. Rocha
Utilities
Having a trade about to reach its take profit and suddenly see that it turns around to go strait ahead to your Stop Loss is one of the few things that makes me curse (a lot). This is why I created AntiCurse. Just add this Expert Advisor to an empty chart, set a "Trigger" and "Lock" in its properties and you'll have one less reason to curse! AntiCursing Settings: "Trigger" is set in percentage terms, it is the distance between the entry price and the Take Profit that needs to be covered in orde
PerfectLine
Sergio D. Rocha
5 (2)
Utilities
When drawing a trend line or other objects, there is a natural deviation when you place the object from a higher time frame, and then go to watch it in a lower time frame. PerfectLine is a technical indicator that solves this problem. Once you touch a line after drawing it, Perfect Line will find the exact spot in the lower time frame available for it's position and then rectifies where it should be. Perfect Line uses a five pixels pre-established tolerance, if a difference between the line's no
PolarizedFractalEfficiency
Sergio D. Rocha
Indicators
The Polarized Fractal Efficiency (PFE) was introduced by Hans Hannula in 1994. The indicator was intended to quantify the efficiency of price movement and  how trendy or choppy  the recent past price action has been. This is calculated by contrasting the price traveled in the window of study  against the total accumulation of movements during the same period of time. For example: If in 10 days, an active raised from 50 to 100, by increasing it's value 5 points or dollars each session, the effici
CrossAlert
Sergio D. Rocha
Indicators
Cross Alert is an all-in-one solution for oscillators' cross over and under. Cross Alert manages the levels for the cross under and cross over separately. Thanks to this you can use it to signal zero cross over (by fixing both levels, above to below, and below to above as zero) or over-bought and over-sold levels (like 70 and 30) as well.  With CrossAlert you can also avoid alerts from one kind of crosses (overs or unders), for example if you are in an uptrend perhaps you do not want to have ale
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fakthorx
107
fakthorx 2018.02.11 18:42 
 

Excelente indicador que te deja programar entradas en velas de H4 GMT principalmente cuando no estas frente a tu computadora. Recomendable usarlos en zonas de soportes y resistencias.

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Version 3.70 2021.11.22
Recompiled with latest MT4 build, requested by mql5.com