Breaking Highs and Lows

The Breaking Highs and Lows Indicator finds areas of support and resistance based on past trending activity. It uses an algorithm to compare jumps in the periods of highest highs and lowest lows.

It compares the current period with the prior period to see if there is a significant jump in periods that it has been the highest high or the lowest low for. For instance, if the current period has been the highest high for 100 days, where the prior period was the highest high for 5 days, this would be flagged by the indicator. It represents the time when the price starts testing areas of support and resistance.

A default multiple of 20 is used as an input parameter to compare the current period to the prior period. In other words, if the current period has a highest high of 100 days and the prior period has a highest high of 4 days, 100 days > 4 X 20 days, this would be flagged by the indicator.

The second input parameter, Maximum Range, sets how many periods you want to compare the highest high or lowest low for.


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The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection. Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices. The indicator is used in trading on real accounts, which confirms the reliability of the strategy. Robots using   Trend Line PRO   and real Signals can be found here:   
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Volume Spike Analysis
Rhomeroo Ltd
5 (1)
Indicators
This indicator averages the last 5 bars (determined by the input parameter 'Average_Bars' defaulted at 5 which can be adjusted). Muliplies this average volume by the input parameter 'Multiply_Volume' (default 1.5), then compares this to the current volume bar. If there is a significant increase in the current volume, the indicator is flagged. This is to determine when the 'big players' buy/sell into the market, or if there's significant activity behind a price increase/decrease.
Consolidations Analysis
Rhomeroo Ltd
Indicators
20 Consolidation ranges are derived using the current bid price, then adding/subtracting the input parameter from the bid price to get each consolidation range.  For instance, the input parameter default is .01. If the current bid price is 1.09616 (EURUSD), then the upper limit for the first consolidation band is 1.10616 and the lower limit is 1.08616. 10 consolidation bands are above the bid price and 10 are below. Closed prices for each period are counted within each range and the totals are s
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