Ratio for MT4

This indicator shows ratios between extremes on the chart.

You can specify your own ratios (e.g. Fibonacci).


Parameters

Most important

  • Density - how much in details to search ratios in extremes. Bigger number means less details, smaller number means more details. Base unit is 1 bar on the chart.
  • History - how far to go in history while searching. When you set -1, the indicator processes all bars from history. Base unit is 1 bar on the chart.
  • Range - how far search ratios from given extreme. Base unit is 1 bar on the chart.

Important

  • Default color / Line style / Line width - all found ratios are displayed as lines on the chart. These parameters influence these lines.
  • List of positive ratios - list of your own ratios (e.g. Fibonacci), which are searched on the chart, when indicator found positive match, this line is highlighted.
  • Color of positive ratios
  • Deviation - real ratio vs positive ratio difference. Base unit is %.
  • Show last extreme bar only - when you want to check last extreme only (history is hidden).
  • Show positive ratios only - when you want to check positive ratios only (all other ratios are hidden).
  • Show developing ratios on last bar - when you want to check developing ratios.
  • Color of developing ratios

Other

  • Your own prefix for objects - all indicator's objects have main prefix "ratio_". When you want to use more than one "Ratio indicator" on the same chart, you should specify special prefix for each indicator. When you want to use only one, you can let this parameter empty.
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The Propfolio Master Suite is the ultimate all-in-one analytical workstation for professional traders. Combining the power of the Beat The Market Maker (BTMM) methodology, Smart Money Concepts (SND/Liquidity), and Advanced Volume Profile, this suite replaces multiple different indicators with one optimized engine. Monitor up to 14 pairs simultaneously from a single chart, instantly identify market cycles, and seamlessly map institutional footprints with the click of a button. The Command Center
Universal Swing Arrows
Oleg Rodin
5 (5)
Indicators
Universal Swing Arrows is an arrow based indicator designed to provide swing trading signals. It can be used for any trading pair and any trading time frame. THE ARROWS APPEAR ON CURRENT (0) CANDLE. THE SIGNALS DO NOT REPAINT! The indicator can be used as a standalone trading system or as a part of your personal trading strategy. The indicator's arrow is not only a signal but it is also your possible stop loss level. The indicator automatically calculates the best stop loss level for you and dra
Harmonic Pattern Plus MT4
Young Ho Seo
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Indicators
Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
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Indicator measures strength of each currency in your list. Main idea: It simply iterates through all combinations of pairs and adds difference between open and close in percent. Parameters: List of currencies - what currencies will be calculated (maximum is 8) Calculation type - from which data will be strength calculated Calculation data input - used as input related to calculation type Symbol suffix - used in case of suffix on symbols, e.g: when your symbols look like EURUSDm, EURUSDmicro etc
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Do you need to check support and resistance lines? Do you need to find them really fast and automatically? Do you want to set your own settings how to find them? Indicator Lines is developed for finding support and resistance lines on chart. It does its job quickly and fully automatically. Main principle of algorithm is to get all extremes on chart (according to "Density" parameter). Then indicator tries to find minimally 3 points (according to "Minimal count of points" parameter) which can be u
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Do you need to check support and resistance lines? Do you need to find them really fast and automatically? Do you want to set your own settings how to find them? Then this indicator is your right choice! Indicator Lines is developed for finding support and resistance lines on chart. It does its job quickly and fully automatically. Main principle of algorithm is to get all extremes on chart (according to "Density" parameter). Then indicator tries to find minimally 3 points (according to "Minimal
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