The ADX Indicator is known to be used to determine the trend direction. Not only that, but it also has deviation (+DI and -DI) that determine the direction of the trend as well.
The role of the indicator is to spot the trend and its direction and generate signals accordingly.
- ADX period : default is 14 periods (it works best with the timeframe H1).
- Signal Width : the size of signals arrows.
- Signal Distance : the distance of the signal arrow from the candle.
- Signal colors : the signal arrows colors for the buy signal and sell signal.
- Alert : choose whether to get an alert when there is a signal or not.
- Comment : choose whether to show the last signal (Buy or Sell), and its running profit.
The "MACD Trend Follower" is an indicator based on the MACD oscillator. It serves to spot the trend direction by giving it a fixed color until the trend changes (the trend direction colors are customizable). The default MACD settings for the indicator has been changed to adapt to the fast moving Forex market, but they can be changed to suit the trader. Recommended settings for the indicator : - MACD Fast EMA : 8 Periods. - MACD Slow EMA : 13 Periods. - MACD SMA : 5 Periods. Indicator inputs
Free automatic fibonacci is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
Optimal for Binary Options and Forex. For beginners and intermediates. Lotus is 100% non repaint. The strategy is based on 4 ADX parameters, including pivot points and candle patterns. It is recommendable to combine the arrow with an moving average, Elliot waves indicator or Parabolic SAR. The main goal was to keep it as simple as possible ! No useless oscillators. Add your favorite trend indicator and combine it with the arrow. Important period - the number of bars you can backtest the s
Benefits Adaptability; No input parameters; Predictive models are included in the algorithm; Works on all markets and instruments. Operation Principle The indicator is trend following. First, the indicator analyzes instrument's historical data over sliding windows, calculates values of main variables, determines coefficient. Further, it analyses current market situation and confirms previous trend, or gives out a signal of the trend reversal. Scaling coefficients allow to switch to any available
The Daily Fibonacci Levels is an indicator designed for displaying the Fibonacci levels by days using horizontal lines. Displayed levels: +100% (high) +61,8% +38,2% +23,6% average = (high+low)/2 -23.6% -38.2% -61.8% -100% (low) The indicator provides the ability to specify the hour to consider the start of the day. This may be necessary if the dates on the server are changed during the trading session. Parameters StartHour — the hour for this indicator to consider as the start of a new day.
This tool is the FREE version of the Honest Predictor indicator, a trend predictor with an expiry time implemented that is especially suitable for Binary Options. To facilitate the testing of the indicator before purchasing, I created this freely downloadable version that has exactly the same features as the payed version, but with one limitation: it can be attached only to one chart at a time. Read carefully the description and comments of the indicator before using it. Rather than implementin
A simple but effective helper that will allow you to track both global and local market trends. The indicator combines the work of two oscillators: Stochastic and RSI. Both indicators can be set to any timeframe. Advantages of Use Multitimeframe - you can adjust both indicators to the desired timeframes. To obtain the entry points, you can use the Elder's triple screen system. Highly customizable - you can configure not only the parameters of the indicators, but also their appearance (color an
With this AMD Exclusive Two Separate Window Free indicator, you will be able to spot, predict, trade and profit from strong trends of markets This is not a simple indicator, it is a ready to use trade system. AMD Exclusive Two Separate Window Free works only on USDCAD currency pair. The full version of the product has no limitations. Full version: https://www.mql5.com/en/market/product/33589 What we have? Automatic optimization Overbalance (manual, semi-automatic and automatic) Fibonacci P
FOLLOW THE LINE GET THE FULL VERSION HERE: https://www.mql5.com/en/market/product/36024 This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for mo
The indicator displays signals according to the strategy of Bill Williams on the chart. Demo version of the indicator has the same features as the paid, except that it can work only on a demo account . Signal "First Wise Man" is formed when there is a divergent bar with angulation. Bullish divergent bar - with lower minimum and closing price in the upper half. Bearish divergent bar - higher maximum and the closing price at the bottom half. Angulation is formed when all three lines of Alligat
The indicator determines trend/flat status of the market using Bollinger Bands. Bollinger Bands diverge when the market moves sharply and converge when there is flat. The indicator uses this peculiarity. When the market is calm and distance between Bollinger Bands is less than some value, the indicator shows flat (gray histogram by default). When the market starts moving and divergence of Bollinger Bands exceeds this value, the indicator determines direction of the movement and shows an up trend
The Pinocchio indicator is a technical, analytical tool designed to identify trend reversals and find optimal market entries. The Pinocchio indicator is based on the pin bar, which is the Price Action reversal pattern. This tool can be used as a self-sufficient and full-fledged strategy for trading. Using a good system of money management and risk control, you can build complete trading systems using only this indicator.
Megatrend Assistant Free is a free version of Megatrend Assistant. Megatrend Assistant Free differs from the full version only in that it works only with seven currency pairs included in its default settings ( GBPCAD, GBPCHF, NZDCAD, AUDCHF, CHFJPY, NZDCHF, CADJPY ), which cannot be replaced by others. All other properties of the indicator are the same as in Megatrend Assistant. Megatrend Assistant is the latest development, which incorporates a wealth of experience gained over several years of
Two Period RSI compares long-term and short-term RSI lines, and plots a fill between them for improved visualization. Fill is colored differently according to an uptrend (short period RSI above long period RSI) or a downtrend (short period RSI below long period RSI). Short-term RSI crossing long-term RSI adds a more robust trend confirmation signal than using single period RSI alone. This is a small tool to help visualize and confirm RSI trends. We hope you enjoy! Looking for RSI alerts? You can
The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator ge
⭐ ⭐ ⭐ ⭐ ⭐ TrendLine DEMO is a demo version of the TrendLine PRO ( here ) Indicator which is based on the analysis of the strength of bulls and bears. The indicator shows the trend change, the entry point, and the configurable levels of TakeProfit and StopLoss. The panel displays the current signal (BUY/SELL), the probability of profit Success Rate value, the ratio of winning and losing trades Win/Loss and the total Result in points. The TrendLine PRO indicator will complement your str
Reversal Hunter is a new leading oscillator. It monitors small changes in volume and price volatility using second derivative, thus providing an accurate prediction of trend reversals. Though Reversal Hunter shows its best results with reliable volume data, special option of "synthetic" volume (which uses OHLC data only) is implemented to optimize performance in case of poor or missing volume data. The oscillator is drawn as two-color line for easy detection of trend changes. Description of inpu
Demo version of the HMA Trend Professional indicator. The main feature of the "HMA Trend Professional" indicator is the ability to predict the trend reversal with high probability. The trend reversal forecast is based on the statistical analysis of history data. The indicator plots statistical diagrams which can be used by traders to see the current phase of the market (impulse or correction, the beginning, middle or end of the movement) and evaluate the probability of a reversal. See the main
Tipu Heikin-Ashi Panel is the modified version of the original Heiken Ashi indicator published by MetaQuotes here . A professional version of this indicator is available here . Features An easy to use Panel that shows the Heiken Ashi trend of selected timeframe. Customizable Buy/Sell alerts, push alerts, email alerts, or visual on-screen alerts. Customizable Panel. The panel can be moved to any place on the chart or minimized to allow more space. Heikin means "the average", and Ashi means "foo
BEST Intraday Effective indicator for intraday trading. It is based on original author's algorithms and uses Laguerre transformations and modified CCI. Advantages of the indicator BEST it is clearly displays the market movement and generates signals for entry and exit of trade transactions the profitability of the indicator is shown in the screenshots just configured does not redraw and works on opening bars. Timeframes- M5-M15. BEST_Free is the demo version, it works only on GBPJPY. V
Mad MB I am a Chinese, my English level is not good, if you can understand Chinese, please switch to Chinese, the introduction is more detailed. MadMB EA is based on custom variation of Bands indicator and MA. Ea's profitability is not high, but relatively stable.Every order have stoploss level. The default parameters are applicable to XAUUSD at 5m. it you have any quession you can Leaving a message. This is a preliminary version, the signal is not filtered. I will gradually raise the price of t
This indicator uses Bollinger Bands lines to detect markets trend. It's a very useful tool for manual trading. Furthermore it is possible to use the indicator with ATR as a filter , as well as the option to pop up an alert when a reverse trend occurs. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can to get source code from here . Parameters BarsCount - How many bars used to show the line. BBperiod - Period of Bollinger Bands. BBdeviations - De
Power Trend Free - the indicator shows the trend strength in the selected period. Input Parameters The indicator has three input parameters: Period - a positive number greater than one, it shows the number of candlesticks used for calculations. If you enter one or zero, there will be no error, but the indicator will not be drawn. Applied Price - the standard "Apply to:" set meaning data used for the indicator calculation: Close - Close prices; Open - Open prices; High - High prices; Low - Low
The indicator shows round levels on the chart. They are also called psychological , banking, or levels of major players. At these levels, there is a real fight between bulls and bears, the accumulation of many orders, which leads to increased volatility . The indicator automatically adjusts to any instrument and timeframe. Input parameters Bars Count - Line length in bars Show 00 Levels - On /Off Show 10, 90 Levels - On/Off Show 20, 80 Levels - On /Off Show 30, 70 Levels - On/Off Show 40
Smart Robot MT4 is an Expert Advisor based on Scalping, Elliot Waves and with filters such as RSI, Stochastic that managed and decided with robot smartly. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA don't need any professional information or Forex Trading Knowledge. The EA works with low margin level and thus has low risk. This is Free Version and limitations is : Trade on EURJPY only with lot size
This indicator shows the latest untouched support and resistance as horizontal lines. The indicator can show support/resistance from higher timeframes. With this indicator you can e.g. easily see the support/resistance of the timeframes H4, D1 and W1 on a H1 chart, which can be a big advantage while time your entry on H1. This is the FREE version of the indicator: Support Resistance Multi Time Frame The free version works only on EURUSD and GBPUSD! Parameters referenceTF: the timeframe from wh
The demo version of the indicator does not display data on the last 25 bars but is perfect for testing. The oscillator Price Reversal identifies potential price reversal points, while being in the overbought/oversold. It also displays the entry signals against the trend (sometimes these points coincide with the beginning of a new trend) (blue and red zone) and the entry points by trend (gray areas). It consists of two lines. The blue line is a fast line, the red line is a slow one. A market ent
This indicator alerts you when/before new 1 or 5 minute bar candle formed. In other words,this indicator alerts you every 1/5 minutes. This indicator is especially useful for traders who trade when new bars formed. *This indicator don't work propery in strategy tester.Use this in live trading to check functionality. There is more powerful Pro version .In Pro version,you can choose more timeframe and so on. Input Parameters Alert_Or_Sound =Sound ----- Choose alert or sound or both to not
TrendLineFr is a modification of the TrendLineD indicator. It draws trendlines by extreme points determined using the standard Fractals indicator. Unlike TrendLineD, this indicator draws two lines: support and resistance. It can display a trendline of a higher timeframe (set in the TimeFrame parameter). The line color and width are set in input parameters. The indicator can also generate an Alert and send an e-mail (parameters EnableAlert, EnableEmail, EnableSound) when a price bar crosses the t
The Open All indicator uses a simple market information that is "Open Candle". This is the FREE version of paid indicator. This tool is able to show all the openings of all time frames in order to extract information of strength and trendy. You can display 28 instruments with relative time frame interior for a total of 252 informations. The display is fully customizable, you can choose either the symbol and enable/disable Time Frames. Using it correctly you could get valuable aid to intercept co