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SpeedChan

SpeedChan

Leading indicator. Marks in the future two price channels - if the price comes into the channel, then the quote changes with the speed specified in the parameters. In these areas, price reversals are most likely.

Two price channels are displayed - one on top, showing the growth rate; the second one - below, shows the speed of the fall. Channels are displayed as a solid center line and two borders drawn with a dotted line.

In many cases, the area between the channels is not important for trading - you can paint it.

Options

  • PERIOD - the number of last considered bars
  • PERCENT - growth / decline rate for PERIOD
  • COLOR - the color for drawing the indicator. If not specified (clrNONE), the settings from the standard panel will be used.
  • CLOUD - Shading or not the area between the channels.

The default parameters are used for the H1 timeframe. Typical rate of change of major quotes is 0.3% per day: PERIOD = 24, PERCENT = 0.3

SpeedChan properties

When the price arrives in the upward channel, it means that during the PERIOD there are bulls whose profitability is PERCENTS and they can close the position by starting a reversal.

When the price reaches the center line, it means that the open purchases brought the PERCENTS to most of the traders and the probability of a reversal is very high.

Achievement of the price at the end of the channel signals an impulse - all the bulls behind PERIOD make a profit of at least PERCENTS. And a significant part of them will close the position.


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Currency Strength Meter Pro for MT4
ALEKSANDR SHUKALOVICH
Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. Gold symbol can be changed to other symbols like XAG, XAU etc. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; This indicator needs the data of all 28 major currency pair
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True Direction Oscillator
True Direction Oscillator
Muhammad Elbermawi
Or (TDO)   which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" gives higher readings for ascending price movements than that given to descending ones. TDO fixes this problem to help traders at readi
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Momentum solo
Momentum solo
Claus Dietrich
Momentum-Solo is a simple „real_Momentum" Alert Indicator The indicator will inform about strength, an impulse in the appropriate direction It is based on the candle size and candle body in relation to the ATR Filter Weekdays and Hours => let's get Momentum to the right time MA, MA-Channel => Trend- and Sideways-Filter Correlation => signals only when a second, or a third instruments move in the same or inverse direction MACD => short signals below 0 and below signal-sma, long signals over 0
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CI DashBoard Ichimoku Trend
CI DashBoard Ichimoku Trend
Guillaume Pois
Are you a trend trader? This scanner for the MT4 platform will be your best asset! On a single window, scan up to 20 values ​​and over the 9 time units available on MetaTrader4, i.e. 180 graphs analyzed at the same time and in real time. This DashBoard is available in 2 versions: - A Basic version which analyzes up to 180 graphs with visual signal alert and also in the PopUp window of MetaTrader4 - A Nomad version, which includes the Basic version with reception of alerts by email and
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PowMA
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PowMA is a generalized power Moving Average. Allows to calculate much "faster" mean lines than LWMA and to fine-tune line sensitivity to historical data. Settings PERIOD - period used for the calculation; POW - index of power; APPLIED PRICE - the selected price. The line has the following properties: at POW=0 completely matches the SMA for the same period; at POW=1 - matches the LWMA; at POW=3 - the line goes to the nearer Bollinger Bands line with a deviation of 1; the greater the value of PO
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Bright Road
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The indicator shows the direction and sustainability of the trend, as well as its reversals. Use the indicator to search for successful entries, the performance bottlenecks to minimize risk and time to exit deals. The indicator is never redrawn . It is an easy-to-setup visual tool for both novice and experienced traders It fits any trading style. The indicator is displayed immediately at a candlestick open as two lines: ROAD - smoothed movement. It is drawn as a solid orange line BRIGHT - trend
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Simply SR
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The indicator shows the support/resistance levels. Used to determine the takeprofit/stoploss values and to place the pending orders. The clear display makes the Simply SR convenient both for direct trading and for historical data analysis. The levels are calculated as close as possible to the way they are seen by a trader, and to the way the zigzags move during the graphical plotting. Thus the Simply SR is suitable for all timeframes and tools. The calculation buffers are organized in order to f
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Another Symbol
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AnotherSymbol displays the relative movement of another symbol on the current chart as candlesticks, High/Low or Close lines. The plotted chart is aligned to the selected Moving Average and scaled by the standard deviation. When sing this data representation the trader should focus not on the absolute values, but on the behavior of the price relative to the Bollinger bands. Another Symbol provides additional opportunities in the pair strategies and cross rates trading. Main Parameters SYMBOL -
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Another Relation displays the relative movement of the other symbols (up to 5) in a separate chart window. The indicator works currency pairs, indices and other quotes. Another Relation allows to visually estimate the symbol correlation and their relative amplitude. Thus, the trader is able to compare the movement of the current instrument to others, identify correlations, delays and make decisions based on their general movement. Indicator usage The window displays the data on all the symb
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Prima
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Price Reversion Indicator based on MA shows trend reversals. The indicator algorithm provides highly reliable entry points, and its simple settings allow using it for any symbol and trading style. Signals are generated at the opening of a bar and are not redrawn. Prima analyzes the relative movement of two moving averages (fast and slow) with respect to the price, and determines the moments when the next movement will cause the reversal of the two MAs with a high probability. These points are ma
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Intraday Magic
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IntradayMagic predicts the nature of ATR and tick volumes for 1 day ahead. The indicator does not redraw and does not lag behind. Using Intraday Magic, you can significantly improve the quality of trading and avoid unnecessary risks. According to its indications, you can detect the crisis state of the market and the moments of trend reversal, specify the moments and directions of entries. How the indicator works Periodic events, exchange schedules, Bank schedules, expirations, and other similar
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Maltese cross
Maltese cross
Maxim Kuznetsov
A universal tool for determining trends, flats and trading on graphical patterns. Combines the techniques of Gan, Elliot, and Murray. Just place it on the chart and it will show the direction and speed of the price movement, highlight the turning points. Maltese cross will help you accurately determine the key points in the history, plan trading actions and accompany open transactions. Basic principles Maltese Cross displays the Trend, Flat and Impulse lines before and after the selected mom
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Trade Levels And Rates MT5
Trade Levels And Rates MT5
Maxim Kuznetsov
The indicator shows a smooth price channel, potentially profitable and risky zones, as well as price dynamics relative to the interests of the market participants. This allows you to open positions at the best prices and "catch" trends avoiding inefficient and risky trades. Reasonable use of the product together with standard indicators allows you to sort out false signals and create profitable strategies that take into account other traders' behavior. Structure The indicator draws convergen
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Bright Road MT5
Bright Road MT5
Maxim Kuznetsov
The indicator shows the direction and sustainability of the trend, as well as its reversals. Use the indicator to search for successful entries, the performance bottlenecks to minimize risk and time to exit deals. The indicator is never redrawn . It is an easy-to-setup visual tool for both novice and experienced traders It fits any trading style. The indicator is displayed immediately at a candlestick open as two lines: ROAD - smoothed movement. It is drawn as a solid orange line BRIGHT - trend
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PowMA MT5
PowMA MT5
Maxim Kuznetsov
PowMA is a generalized power Moving Average. Allows to calculate much "faster" mean lines than LWMA and to fine-tune line sensitivity to historical data. Settings PERIOD - period used for the calculation; POW - index of power; APPLIED PRICE - the selected price. The line has the following properties: at POW=0 completely matches the SMA for the same period; at POW=1 - matches the LWMA; at POW=3 - the line goes to the nearer Bollinger Bands line with a deviation of 1; the greater the value of PO
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Another Symbol MT5
Another Symbol MT5
Maxim Kuznetsov
AnotherSymbol displays the relative movement of another symbol on the current chart as candlesticks, High/Low or Close lines. The plotted chart is aligned to the selected Moving Average and scaled by the standard deviation. When sing this data representation the trader should focus not on the absolute values, but on the behavior of the price relative to the Bollinger bands. Another Symbol provides additional opportunities in the pair strategies and cross rates trading. Main Parameters SYMBOL -
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Prima MT5
Prima MT5
Maxim Kuznetsov
Price Reversion Indicator based on MA shows trend reversals. The indicator algorithm provides highly reliable entry points, and its simple settings allow using it for any symbol and trading style. Signals are generated at the opening of a bar and are not redrawn. Prima analyzes the relative movement of two moving averages (fast and slow) with respect to the price, and determines the moments when the next movement will cause the reversal of the two MAs with a high probability. These points are ma
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Intraday Magic MT5
Intraday Magic MT5
Maxim Kuznetsov
IntradayMagic predicts the nature of ATR and tick volumes for 1 day ahead. The indicator does not redraw and does not lag behind. Using Intraday Magic, you can significantly improve the quality of trading and avoid unnecessary risks. According to its indications, you can detect the crisis state of the market and the moments of trend reversal, specify the moments and directions of entries. How the indicator works Periodic events, exchange schedules, Bank schedules, expirations, and other similar
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MartinGame 5
MartinGame 5
Maxim Kuznetsov
Trading can be fun and exciting! The MartinGame Expert Advisor game will help you get acquainted with money management while having fun, understand the value of correct forecasts and just pass the time usefully. You will act as an analyst predicting the direction and strength of the trend, and the wayward "Martin" will listen to your advice and try to follow them. Rules of the game All transactions are made by your ward "Martin". He has absolutely no knowledge of analysis, always uses fixed t
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