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  • Reviews (6)
  • Comments (12)
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MASR Bands

Or Moving Average Support Resistance Bands.

MASR Bands indicator is a moving average surrounded with two bands that work together as a support and resistance levels. Statistically, MASR Bands contain price candles 93% of the time. Here is how it is calculated in steps:


1. The first step is to calculate the highest high (HHV) and the lowest low (LLV) for an X period of time.

2. The second step is to divide HHV by LLV to get how much wide is the distance between them as a percentage. I call the results of this step MASR Filter.

3. MASR Filter = Sum ((HHV / LLV)-1) / Number of Bars

4. I call the upper band MAR which is a shortcut for Moving Average Resistance. I call the lower band MAS which is a shortcut for Moving Average Support. The moving average in between the bands is called The Center Line.

5. MAR = MASR Center + (75% x MASR Filter x MASR Center)

6. MASR Center is a moving average.

7. MAS = MASR Center - (75% x MASR Filter x MASR Center)


What makes MASR Bands so special is the volatility index, which depends in its calculation on the range of the complete swing movement rather than the movement from one bar to another like Average True Range or Standard Deviation calculations.

How to use MASR Bands?

  1. Suggested buy: when price candles penetrate MAR to the downside.
  2. Suggested sell: when price candles penetrate MAS to the upside.

MASR Bands Features

  • MASR Bands do not repaint or recalculate its results.
  • Well-designed parameters to help the user easily navigate between them.
  • Sound, Mobile notification and email alerts depending on user choice.
  • MASR Bands code is revised to make sure that it will not consume the user's PC memory.

MASR Bands Inputs

1. MASR INPUTS

  • MASR Candles. number of candles used in calculations. The default is 40. If less than two, MASR Bands will be terminated, an alert message will pop up on the screen.
  • MASR Moving Average Method. Average calculation method. Default is Simple.

2. MASR ALERTS

  • Show Arrows & Vertical Lines: Show arrows when a signal appears or vertical lines or both.
  • TDO Arrow Size: The default is one.
  • Sound Alert: The default is true.
  • Send Email: The default is false.
  • Send Notification: The default is false.

3. MASR STYLE

  • Chart Colors List: the user can choose between four different color lists for his chart or he can choose (Do Nothing) if he wants to use his own list.


I hope MASR Bands to be a good trading tool for you. If you have any question, contact me a message and I will answer as soon as I am online.

Enjoy the game
Muhammad Al Bermaui, CMT

Reviews 6
TheFXChamp
247
TheFXChamp 2021.04.18 09:14 
 

Awesome indicator it helps identify ranging low volatile markets Oversold/overbought when price hit the bands pullbacks in trending markets works well with the deviation channel too plus it don't use alot of my computer's processing power. Great job

Deepan Kalaiselvan
173
Deepan Kalaiselvan 2021.04.13 04:29 
 

Nice indicator and can be used for reversal trades from SR LEVELS

RayGold
61
RayGold 2020.10.24 13:54 
 

It's a new way to trade. Will be testing this promising indicator.

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60 USD
Real Time Currency Valuation
Real Time Currency Valuation
Igor Korepin
The indicator displays strength of eight major currencies and also can calculate strength of any other currency, metal or CFD. You will not need to study dozens of charts to determine strong and weak currencies, as well as their current dynamics. The picture of the whole currency market for any period can be viewed in a single indicator window. Built-in tools for monitoring and controlling the situation will help you not to miss out on profits. Main features of the indicator It forms indexes o
95 USD
PipTick Pairs Spread MT4
PipTick Pairs Spread MT4
Michal Jurnik
PipTick Pairs Spread indicator has been developed for the very popular strategy known as pairs trading, spread trading or statistical arbitrage. This indicator measures the distance (spread) between prices of two directly (positively) correlated instruments and shows the result as a curve with standard deviations. So, any trader can easily identify when the instruments are too far apart and use this information for trade opportunity. How to Use? The best results are obtained when the trade is
67 USD
PipTick VSA MT4
PipTick VSA MT4
Michal Jurnik
PipTick VSA is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool that we have ever made. PipTick VSA indicator is a really powerful analytical tool that generates very reliable trading signals. Because it is very user friendly and understandable, it is suitable for every type of trader, regardless of their experience. What Is VSA? VSA (Volume Spread
97 USD
PipTick Supply Demand
PipTick Supply Demand
Michal Jurnik
PipTick Supply Demand is the best indicator we have ever made. This great tool automatically draws a supply and demand zones which are the best places for opening and closing the positions. It has many advanced features such as multi timeframe zones support, displaying width of zones, alert notifications for retouched zones and much more. Because of principle of market fractality, this indicator can be used for any kind of trading. It does not matter whether you are positional, swing or intraday
97 USD
PipTick Effort Index MT4
PipTick Effort Index MT4
Michal Jurnik
PipTick Effort Index indicator is based on the work of Karthik Marar, volume spread analysis trader. It compares the change in price (Result) to the size of volume (Effort) for a certain period of time. By comparing the effort and result we can get more information about the future price movement. Both values are normalized and converted to scale of 0-100% based on a selectable look back period. The law of effort and result The law of effort vs. result states that the change in price of a tradin
67 USD
XCalper TFO MT4
XCalper TFO MT4
Aecio de Feo Flora Neto
This oscillator was created exclusively by xCalper in 2015 based on moving averages calculations to indicate and try predicting oversold and overbought levels. The fast line (white by default) oscillates basically between values -0.5 (oversold) and +0.5 (overbought). Whenever the fast line crosses the value of -0.5 upwards, it means an oversold price level. When it crosses the value of +0.5 downwards, it means an overbought price level. When fast line crosses the value of 0.0 and returns, it is
99 USD
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Bermaui Pin Bars
Bermaui Pin Bars
Muhammad Elbermawi
Bermaui Pin Bars   Or (BPB) is an indicator that find Pin Bars price action pattern on the chart. Pin Bars is a shortcut for "Pinocchio Bars" which is a classic bar pattern alternative to Japanese candlesticks with tall upper or lower shadows and very small bodies like Hammer, Inverted-Hammer, Hanging Man, Shooting Star, Dragon Fly Doji or Grave Stone Doji. Bermaui Pin Bars indicator find this pattern depending on a formula that can be explained in the next steps: At first BPB calculate the
50 USD
Bermaui Channel
Bermaui Channel
Muhammad Elbermawi
This is a price channel that shows five important price levels on the chart. Those levels are: The Highest High (HH) of the previous x bars. The Highest Low (HL) of the previous x bars. The Center Line . The Lowest High (LH) of the previous x bars. The Lowest Low (LL) of the previous x bars. Try Bermaui Channel Demo version: https://www.mql5.com/en/market/product/47663 How to use the buffers to build your own expert advisor: https://www.mql5.com/en/blogs/post/734560 How does Bermaui Chan
50 USD
Bermaui Deviation Percent
Bermaui Deviation Percent
Muhammad Elbermawi
Or ( BD% ) which is a volatility index that measures volatility in percent rather than points. The idea of BD% is to make an index depending on the Classic Standard Deviation (CSD) that moves between 0 and 100 percent. You can use BD% to compare volatility for the same security in different time periods or different time-frames. In addition, you can use BD% to compare volatility between different securities in different markets in terms of percent rather than points. The idea behind th
50 USD
Bermaui Bands
Bermaui Bands
Muhammad Elbermawi
Bermaui Bands (BB) is a technical analysis tool that helps filter between ranging and trending price movements. The idea behind this indicator can be explained in the next steps: Calculate Standard Deviation as an oscillator that moves between 0 and 100. I will name it Bermaui Deviation percent (BD %). If "BD %" is near zero then volatility is at its extreme. In addition, if "BD %" is near 100 then volatility is very low. High volatility means a great probability for a trending market, whi
50 USD
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
60 USD
Bermaui RSI Candles
Bermaui RSI Candles
Muhammad Elbermawi
The idea of this indicator is to draw RSI in the form of candles that can be compared with price charts to generate buy and sell signals. The indicator is not my invention. I founded it on the internet several years ago. I updated the code, added alert functions, added the Bermaui Utilities group of tools. The indicator calculates the RSI of all the prices that are used to draw candlesticks (RSI of the open, high, low & close). It uses the highest of them to draw the RSI candles high wick & the
40 USD
Classic Keltner Channel
Classic Keltner Channel
Muhammad Elbermawi
Or CKC . This indicator works depending on the classic ten-day moving average rule described by Chester W. Keltner (1909–1998). All parameters are set to the classic version of the Keltner system by default, while the user can change them if he wants. Try Demo before you buy:  https://www.mql5.com/en/market/product/47130 Read CKC Manual: https://www.mql5.com/en/blogs/post/736577 CKC Expert Advisor Example: https://www.mql5.com/en/blogs/post/734150 About Keltner Channel Formula Calculate
60 USD
Dual Bermaui Deviation Percent
Dual Bermaui Deviation Percent
Muhammad Elbermawi
Or DBD% . The indicator consists of colored tape that shows trading signals depending on two Bermaui Deviation Oscillator (BD%) and two moving averages. Bermaui Deviation Percent is a volatility index that measures volatility in percent rather than points. The idea of BD% is to make an index depending on Classic Standard Deviation (CSD) that moves between 0 and 100 percent. Dual Bermaui Deviation Percent Demo : https://www.mql5.com/en/market/product/43089 DBD% expert advisor example: https:
40 USD
Horus EA
Horus EA
Muhammad Elbermawi
Horus EA for MT4   Thousands of years ago, the ancient Egyptians invented a counting system that they used to measure their lands and weighing their commodities. This system was known as the " Eye of Horus ". The Eye of Horus was associated with the myth of the god Osiris and became one of the sacred symbols of the pharaohs. I used the mathematical equations in the Eye of Horus with the Fibonacci sequence to build a negative progression money management system that is 89% safer than the
200 USD
Bermaui Manual EA
Bermaui Manual EA
Muhammad Elbermawi
This is a semi-automatic expert advisor that trades the grid system. The idea is to gradually take different positions in the market, then to calculate the break-even level for them. When the prices pass this break-even by a predetermined distance all opened orders are closed. The EA is supposed to be convenient and easy to use in trading the grid system. When I built the EA, I made the code simple and direct. I built it to trade with my own money before I share it with others, to make sure tha
50 USD
True Direction Oscillator Demo
True Direction Oscillator Demo
Muhammad Elbermawi
This is a Demo version that works only on EURUSD , one-hour chart with full functionality. TDO Full version: https://www.mql5.com/en/market/product/12914 TDO User's Manual: https://www.mql5.com/en/blogs/post/717970 TDO F.A.Q: https://www.mql5.com/en/blogs/post/722015 TDO video library:   https://www.mql5.com/en/blogs/post/722018 Why demo version Try before you buy on live charts, without the MT4 Tester restrictions. Try Mobile Notifications and eMail service. Try all indicator functions like d
FREE
Bermaui Cloud Demo
Bermaui Cloud Demo
Muhammad Elbermawi
This is a Demo version that works only on EURUSD , a one-hour   chart with full functionality. BACD Cloud FULL: https://www.mql5.com/en/market/product/43772 BACD Cloud User's Manual: https://www.mql5.com/en/blogs/post/731332 BACD Cloud Expert Advisor Example: https://www.mql5.com/en/blogs/post/731336 About BACD Cloud The name is a shortcut for Bermaui Average Convergence Divergence Cloud, which is an oscillator that shows trend direction and measures its strength in percent. BACD Cloud calcu
FREE
Classic Keltner Channel Demo
Classic Keltner Channel Demo
Muhammad Elbermawi
This is a Demo version that works only on EURUSD ,  one-hour   chart with full functionality. Read CKC Manual: https://www.mql5.com/en/blogs/post/736577 CKC Full version: https://www.mql5.com/en/market/product/24390 CKC Expert Advisor Example: https://www.mql5.com/en/blogs/post/734150 Why demo version Try before you buy on live charts, without the MT4 Tester restrictions. Try Mobile Notifications and email service. Try all indicator color lists. About CKC This indicator works depending on
FREE
Bermaui Deviation Percent Demo
Bermaui Deviation Percent Demo
Muhammad Elbermawi
Or BD% . This is a Demo version that works only on EURUSD , a one-hour   chart with full functionality. Please read User's Manual: https://www.mql5.com/en/blogs/post/718182 Bermaui Deviation Percent FULL: https://www.mql5.com/en/market/product/24174 About BD% BD% is a volatility index that measures volatility in percent rather than points. The idea of BD% is to make an index depending on the Classic Standard Deviation (CSD) that moves between 0 and 100 percent. You can use BD% to compare vola
FREE
Bermaui Bands Demo
Bermaui Bands Demo
Muhammad Elbermawi
This is a Demo version that works only on EURUSD , one-hour chart with full functionality. Bermaui Bands Full version: https://www.mql5.com/en/market/product/16251 Bermaui Bands User's Manual: https://www.mql5.com/en/blogs/post/718688 Why demo version Try before you buy on live charts, without the MT4 Tester restrictions. Try Mobile Notifications and e-Mail service. How does it work Think of Bermaui Bands as an alternative to Bollinger Bands, or as an indicator that filter sideways motion
FREE
Bermaui Pin Bars Demo
Bermaui Pin Bars Demo
Muhammad Elbermawi
This is a Demo version that works only on EURUSD , one-hour chart with full functionality. Bermaui Pin Bars Full version: https://www.mql5.com/en/market/product/40945 Bermaui Pin Bars Formula: https://www.mql5.com/en/blogs/post/729139 Bermaui Bands User's Manual: https://www.mql5.com/en/blogs/post/718688 This indicator identifies Pin Bars on the chart depending on a unique formula that measures the location of the candle body center inside the candle range in percentage. I enhanced Bermaui P
FREE
Bermaui Channel Demo
Bermaui Channel Demo
Muhammad Elbermawi
This is a Demo version that works only on EURUSD , one-hour   chart with full functionality. Bermaui Channel Full version: https://www.mql5.com/en/market/product/47656 How to use the buffers to build your own expert advisor: https://www.mql5.com/en/blogs/post/734560 Why demo version Try before you buy on live charts, without the MT4 Tester restrictions. Try Mobile Notifications and email service. About Bermaui Channel This is a price channel that shows five important price levels on the chart.
FREE
Moving Average Cloud Demo
Moving Average Cloud Demo
Muhammad Elbermawi
This is a Demo version that work only on EURUSD , one-hour   chart with full functionality. MAC Full version: https://www.mql5.com/en/market/product/15576 MAC Expert Advisor Example: https://www.mql5.com/en/blogs/post/734293 Why demo version Try before you buy on live charts, without the MT4 Tester restrictions. Try Mobile Notifications and email service. Try all indicator color lists. About MAC This is an indicator designed to help you capture and trade the trend. The idea behind thi
FREE
MASR Bands Demo
MASR Bands Demo
Muhammad Elbermawi
Or M oving A verage S upport R esistance Bands . This is a Demo version that works only on EURUSD , one-hour   chart with full functionality. Important Links: MASR Tools Manual: https://www.mql5.com/en/blogs/post/721889 Masr Bands EA Example: https://www.mql5.com/en/blogs/post/731139 Why demo version Try before you buy on live charts, without the MT4 Tester restrictions. Try Mobile Notifications and email service. Try all indicator color lists. About MASR Bands MASR Bands indicator consis
FREE
Bermaui RSI Candles Demo
Bermaui RSI Candles Demo
Muhammad Elbermawi
This is a Demo   version that work only on EURUSD , one-hour   chart with full functionality. RSI Candles Full version: https://www.mql5.com/en/market/product/48095 RSI Expert Advisor Example: https://www.mql5.com/en/blogs/post/734868 About RSI Candles This indicator uses the RSI of the open, high, low and close to draw RSI as candles. This might help you to figure out divergence easier and to paint classic chart patterns like triangles and channels directly on the RSI Candles indicator.
FREE
Dual Bermaui Deviation Percent Demo
Dual Bermaui Deviation Percent Demo
Muhammad Elbermawi
This is a Demo version that works only on EURUSD , one-hour   chart with full functionality. DBD% Full version: https://www.mql5.com/en/market/product/37495 If you want to know more about BD% then please read the next bog:  https://www.mql5.com/en/blogs/post/718182 Why demo version Try before you buy on live charts, without the MT4 Tester restrictions. Try Mobile Notifications and eMail service. Try all indicator functions like drawing channels & grids. What is DBD% DBD% is a unique indicator
FREE
Moving Average Cloud
Moving Average Cloud
Muhammad Elbermawi
Or " MAC ". This is an indicator designed to help you capture and trade the trend. The idea behind this indicator can be explained in the next steps: Draw a fast-moving average Envelope. Draw a slow-moving average Envelope. The MAC Upper Band is the highest value between the high of both Envelopes. The MAC Lower Band is the lowest value between the low of both Envelopes. The MAC Histogram Cloud fills the distance between two bands to show you change in direction. Blue Cloud indicates th
60 USD
BACD Cloud
BACD Cloud
Muhammad Elbermawi
Or B ermaui A verage C onvergence D ivergence Cloud , which is an oscillator that shows trend direction and measures its strength in percent. BACD Cloud calculation is as follow: 1- Calculate two exponential moving average. One of them is faster than the other. I will call the first (Fast) and the second (Slow) 2- Find the center between them, where: Center MA = (Fast + Slow) / 2 3- Calculate BACD Line as follow: BACD = 100 * (Fast / Center MA) 4- Calculate the BACD Signal Line, which is an
40 USD
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Adil
457
Adil 2021.07.09 11:03 
 

User didn't leave any comment to the rating

TheFXChamp
247
TheFXChamp 2021.04.18 09:14 
 

Awesome indicator it helps identify ranging low volatile markets Oversold/overbought when price hit the bands pullbacks in trending markets works well with the deviation channel too plus it don't use alot of my computer's processing power. Great job

Deepan Kalaiselvan
173
Deepan Kalaiselvan 2021.04.13 04:29 
 

Nice indicator and can be used for reversal trades from SR LEVELS

RayGold
61
RayGold 2020.10.24 13:54 
 

It's a new way to trade. Will be testing this promising indicator.

mdp93
313
mdp93 2020.08.01 17:48 
 

very nice

James Wioos
305
James Wioos 2020.06.21 23:33 
 

Thanks to Muhammad the Author of the MASR Bands indicator, I am using it and it provides accurate data. I definitely recommend the indicator for any Trader that uses Support and Resistance strategy, the indicator also provides a buy or sell Arrow Alert, very useful for the new traders or experienced traders.

Reply to review
Version 2.0 2020.03.17
Added a buffer for Signals to make it easy for developers to use the indicator in building expert advisors.

The new buffer is no. [ 11 ]. It is called "Arrows".

It works Like this:

1) If Arrows = +1 then buy
2) If Arrows = -1 then Sell

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Enhanced the alert messages.

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Enhanced the arrows code.

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Note:
I didn't make any changes to the basic formula. It is still the same.
Version 1.1 2019.11.17
I fixed a small error in the arrow tooltip object property.