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BACD Cloud

4.57

Or Bermaui Average Convergence Divergence 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 exponential moving average of the BACD. The formula is like this: BACD Signal = EMA (BACD)

5- Hide the BACD Signal line from the chart.

6- Calculate the BACD Histogram Line, which is the difference between the BACD Line and its signal line. (Note: The BACD Histogram is drawn on the chart as a line, not a histogram.)

7- If (BACD Line > BACD Histogram Line) then draw a green cloud, to represent the trend.

8- If (BACD Line < BACD Histogram Line) then draw a red cloud, to represent the trend.

Important Links:


How to use the indicator?

  1. Buy and sell depending on indicator arrows.
  2. The divergence between BACD Clouds and price candles suggests a near reverse at the current trend.
  3. Use channels, rounded numbers grid and, zig Levels to determine your take profit and stop loss.

BACD Cloud Features.

  • BACD Cloud does not repaint or recalculate its results.
  • Well-designed parameters to help the user easily navigate between them.
  • You can easily switch between FX pairs by pressing the Symbols Button.
  • You can add a Standard Deviation Channel easily by pressing the Channel Button.
  • You can add a Grid from different levels of round numbers.
  • You can add support & resistance levels (Zig Zone Levels).
  • You can choose between four different color lists.
  • Sound, Mobile notification and, email alerts depending on the user's choice.
  • BACD Cloud code is revised to make sure that it will not consume the user's PC memory.

BACD Cloud Parameters

1) INDICATOR PARAMETERS
  • Fast MA Period.Default is 12
  • Slow MA Period.Default is 26
  • Signal Line Period.Default is 9
2) ARROWS & ALERTS
  • Show Arrows & Lines:Default is to Show arrows only
  • Arrows Size.Default is one
  • Alert on New Arrow:Default is true
  • Send e-Mail on New Arrow:Default is false
  • Send Mobile Notification on New Arrow:Default is false
3) UTILITIES SETTINGS
  • Symbols Source from:Get symbols from the custom symbol listor from the Market Watch.
  • List of symbols (separated by ";"):If you choose symbols from a custom list then separate between symbols by ";".
  • Button Font Size.Default is 10.
  • Chart on Foreground.Show chart candles above all indicator objects. Default is false.
  • Channel Length [> 1].Number of candles used in channel calculation. Default is 100.
  • Panel Appear [Shift + Letter].Letter to press plus shift to make the panel appear. Default is "A"
  • Panel Disappear [Shift + Letter].Letter to press plus shift to make the panel disappear. Default is "D"
  • 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.


If you have any questions then please, contact me via a private message or, write them in the comment section.
Muhammad Al Bermaui, CMT



Reviews 10
Paulina Andrea Madariaga Figueroa
4132
 

Very good indicator, I have spent money in another indicators and with Bermaui tools I have everything.

Deepan Kalaiselvan
231
Deepan Kalaiselvan 2021.04.13 04:35 
 

Nice trend indicator

Kahraman Senol
1608
Kahraman Senol 2021.03.02 14:17 
 

Special Thanks to Muhammad Elbermawi, i bought BACD Cloud, Bermaui Bands, Bermaui Deviation Percent and True direction oscillator. I am using them on my real trading account with MA50 and ichimoku indicators. Successful trade rate is over %70. This is enough for me. i decided to write a EA which uses all 6 indicators.I confirm the entry point buy or sell with all 6 indicators at the same time. It is five star product at the price.

https://www.mql5.com/en/signals/1195681

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note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
Master Pullback
TDINVEST LLP
5 (3)
- 50% OFF - Telegram group : https://t.me/+5RIceImV_OJmNDA0 MT5 version : https://www.mql5.com/en/market/product/85917?source=Site+Market+Product+Page Master Pullback is a complete system that gives unique trading opportunities and a clear indication of the market: trend, signals as well as stop loss and take profit levels. This system has been designed to be as simple as possible and detects extreme overbought and oversold zones, support and resistance levels, as well as the major trend. You
This dashboard is an alert tool for use with the market structure reversal indicator. It's primary purpose is to alert you to reversal opportunities on specific time frames and also to the re-tests of the alerts (confirmation) as the indicator does. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs and timeframes. It was developed after many people requested a dash to monitor multiple pairs and time frames at once rather th
Price Action Entry Alerts
Stephen Sanjeeve Sahayam
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This indicator screens every bar for buying or selling pressure and identifies 4 types of candle patterns with the highest volume. These candles are then filtered using several linear filters to show Buy or Sell signals. Signals work best, in conjunction with higher time frame direction and when traded during high volume hours. All filters are customizable and work independently. Can view signals of a single direction with the click of a button. This indicator also comes loaded with the most im
FX Volume
Daniel Stein
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Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solut
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True Direction Oscillator
Muhammad Elbermawi
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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 the price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" give higher readings for ascending price movements than those given to descending ones. TDO fixes this problem to help traders at re
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Bermaui Bands
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Bermaui Pin Bars
Muhammad Elbermawi
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Bermaui Pin Bars   Or (BPB) is an indicator that finds 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
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Muhammad Elbermawi
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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. Important Information    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 1. Calculate the Center Line as a simple moving aver
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Muhammad Elbermawi
4.94 (129)
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. HOW TO USE "BD%" I
MASR Bands
Muhammad Elbermawi
5 (10)
Or M oving A verage S upport R esistance Bands . MASR Bands indicator is a moving average surrounded by two bands that work together as 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 wide is the distance between them as a percentage. I call the
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. Important Information DBD% expert advisor example:  https://www.mql5.com/en/blogs/post/731145 If you want to know mor
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Muhammad Elbermawi
5 (27)
This is a price channel that shows five important price levels on the chart. Those levels are: 1. The Highest High (HH) of the previous x bars. 2. The Highest Low (HL) of the previous x bars. 3. The Center Line. 4. The Lowest High (LH) of the previous x bars. 5. The Lowest Low (LL) of the previous x bars. How does Bermaui Channels Captures Overbought  area Think of the distance between HH and HL levels as an overbought area. When the price candles or bars crosses the HL to the upside this
Bermaui RSI Candles
Muhammad Elbermawi
5 (7)
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
Horus EA
Muhammad Elbermawi
3.67 (3)
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 famous
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Paulina Andrea Madariaga Figueroa
4132
 

Very good indicator, I have spent money in another indicators and with Bermaui tools I have everything.

Deepan Kalaiselvan
231
Deepan Kalaiselvan 2021.04.13 04:35 
 

Nice trend indicator

Kahraman Senol
1608
Kahraman Senol 2021.03.02 14:17 
 

Special Thanks to Muhammad Elbermawi, i bought BACD Cloud, Bermaui Bands, Bermaui Deviation Percent and True direction oscillator. I am using them on my real trading account with MA50 and ichimoku indicators. Successful trade rate is over %70. This is enough for me. i decided to write a EA which uses all 6 indicators.I confirm the entry point buy or sell with all 6 indicators at the same time. It is five star product at the price.

https://www.mql5.com/en/signals/1195681

Tim Rijnbeek
1342
Tim Rijnbeek 2020.07.25 20:08 
 

Useless too many false signals , two stars for the effort

Ferrari888
593
Ferrari888 2020.07.12 21:07 
 

Хороший индикатор .Мухаммед очень любезен подробно все объяснит и всегда отвечает на вопросы. Честный и порядочный человек.Спасибо Мухаммед.

[Deleted] 2020.06.04 01:23 
 

User didn't leave any comment to the rating

MAKARIOS YACOUBIAN
2891
MAKARIOS YACOUBIAN 2020.04.17 01:25 
 

its my Second Indicators From Mr.Muhammad , again thanks for your excellent service, professional job . update 09.06.2020 , so far i am using this indicator in daily basis . good

Frank Paetsch
6937
Frank Paetsch 2020.03.16 01:03 
 

verry good. thank you

Nieco Pama
248
Nieco Pama 2020.01.20 14:17 
 

User didn't leave any comment to the rating

IK°L
805
IK°L 2019.12.31 18:13 
 

User didn't leave any comment to the rating

Reply to review
Version 2.1 2020.03.30
1. Fixed a small bug in the de-initialization function, that used to cause the "Symbols Switch" tool not to work properly.
2. Organized the indicator parameters in a better style.
.
Note:
I didn't make any changes on TDO basic formula. It is still the same.
I didn't make serious changes in indicator parameters or buffers.
Version 2.0 2020.02.24
Fixed small bugs in the alert messages.
Fixed a small bug in the de-initialization function, that used to cause the symbols switch tool not to work properly.
.
Note:
I didn't make any changes on TDO basic formula. It is still the same.
I didn't make any changes in indicator parameters or buffers.