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MW Direction by Candle Body Analysis

The Martinware™ Direction by Candle Body Analysis indicator is a trend indicator that shows the current asset direction, up or down, by checking if previous candle bodies' bases were respected or broken. It works similarly to a moving average, but it's more objective due to its lesser amount of configuration parameters.

The algorithm assumes the theory that although the highs and lows of candles have their value, it is the body that shows the conclusive market sentiment over that asset in the given period. Such sentiment includes not only the information of direction but also its strength. Thus, a breaking of a previous candle body indicates the market has decisively rejected the previous movement and is now going after creating a new one in the opposite direction.

This algorithm makes the DCBA indicator to behave similarly to a moving average: it indicates the start and direction of a new trend with a lagging factor that will inevitably result in some delayed entry and exit signals. Its advantage resides in being more objective, less subject to overoptimization and curve-fitting, and grounded on a sound reading of the market instead of a generic mathematical formula. The only input parameter required serves to filter excessively small candle bodies, a situation when two candles are considered instead of just one. 

As with moving averages, it's recommended not to use this indicator alone, but combined with some filtering system.

Input parameters:

Candle body factor: the percentage size of the body relative to its entirety used to determine if the body is small
Correct for high volatility: the maximum number of candles a candle body will be considered. 0 means a body will be considered until broken
Alert in advance: check for signal n seconds before candle close
Alert with sound: informs if the alert should include playing a sound
Custom buy sound: name of the custom buy sound file to be used instead of the default. It must be inside a folder named "Sounds", this one inside the "Files" folder in the Terminal's MQL5 directory tree.
Custom sell sound: name of the custom sell sound file to be used instead of the default
Alert with e-mail: enable sending an e-mail when a new signal is produced
Alert with Alert message: informs if the alert should include showing an Alert message
Alert with background color change: informs if the alert should include temporarily changing the chart's background-color
Alarm color: the color to be used
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Данный индикатор создан по подобию i-UrovenZero.(использовался в мт4) Здесь в упрощенной форме, без излишеств. Индикатор укажет на графике, где находятся уровни полного слива, безубытка или  заданной вами прибыли в пунктах или деньгах. Итоговый расчёт по всем открытым ордерам. ------------------------- - уровень полного слива по счету; - уровень StopOut ; - уровень нулевой маржи ; - уровни по общему безубытку и отдельно по безубытку всех Buy ( Sell ) ордеров; - уровень сигнального расстояния
50 USD
EZT Future Candles
EZT Future Candles
Tibor Rituper
The indicator predict the future candles direction, by scanning past candle movement. Based on the principal: “ The history repeat itself”. Programmed according to Kendall Correlation. In the settings menu, different scanning options are available. When the indicator find a match, start painting future candles from the current candle to the right, also from the current candle to the left as well, showing you the candle pattern what the actual signal is based on. The left side candle are option
95 USD
Levels of support or resistance by Gerchik
Levels of support or resistance by Gerchik
Vitaliy Polishchuk
The indicator for the detection of the local resistance/support levels for the trend breakout/rollback trading. With the help of this indicator the matches of the Low/High prices are found, which allows to identify a large order placed by a moneymaker. Once the level is found, a signal is generated, the local resistance or support level is underlined. You just need to place order to the breakout/rollback from the trend line. Suitable for trading using the Gerchik system. The indicator works on m
60 USD
FanTracer
FanTracer
Syed Oarasul Islam
This Indicator draws Fibonacci Fan levels in two different ways. You can select whether to draw Fibonacci Fan levels based on your favourite ZigZag settings or you can let the indicator to draw Fan levels based on given number of bars or candles.  You can also set Mobile and Email notification for your favourite Fan  levels individually. With this indicator you will not have to feel lonely as the it can generate Voice alerts, which will keep you focused on your trading and remove boredom.  Prod
50 USD
ChartBuilder MT5
ChartBuilder MT5
Alexey Navoykov
The indicator is designed for easy construction of synthetic charts based on data of various financial instruments. It will be useful both arbitrage and pair trading, as well as for analysis purposes. Its main advantage is simplicity and clarity. Each chart is given as a common mathematical formula. For example, if you want to plot the spread (difference) between EURUSD and GBPUSD with coefficients 4 and 3, then set the following formula: EURUSD * 4 - GBPUSD * 3 The resulting chart is shown in t
60 USD
MR Reversal Patterns 5
MR Reversal Patterns 5
Sergey Khramchenkov
The indicator was created for the "Masters of Risk" trading system.   It shows the change in the trend structure of the market.  Indicator shows the key places in the market.  The patterns contain accumulated volume in the market.  The structure of the models is similar to the  MW indicators, but is created from scratch by the author's methodology.  Of the Patterns - Pattern 1 is more powerful than Pattern 2 for breaking the tendency of market movements.  In combination with "MR Range Breakouts
150 USD
MR Range Breakouts 5
MR Range Breakouts 5
Sergey Khramchenkov
The indicator created for the "Masters of Risk" trading system.      It shows the breakouts of the Range.      Shows the structure of the market and how is formed accumulation of volume on a large scale.      Red rectangles show where buyers remain locked in Range.      Blue rectangles show where sellers remain locked in the Range.      Yellow rectangle show the struggle between buyers and sellers in the Balance.      Dashed rectangles have been consumed by the market in both directions.      I
150 USD
MR Volume POC Levels 5
MR Volume POC Levels 5
Sergey Khramchenkov
The indicator was created for the "Masters of Risk" trading system.  The settings are compared with  volumes in NinjaTrader 8 terminal with CQG datafeed . The settings of EURUSD-6E , GBPUSD-6B , AUDUSD-6A and other currency pairs were compared.  It shows the POC ( Point of Control ) volume levels for the selected period of time.   Point of Control ( POC ) are not lines, they are zones.  Which zones are relevant and which are not, is determined by the author's methodology.  The indicator shows B
150 USD
EFW Pattern Trader MT5
EFW Pattern Trader MT5
Young Ho Seo
EFW Pattern Trader is a Powerful Pattern Scanner for your trading. The main pattern detection methods in this software follows the principle of Equilibrium Fractal Wave (EFW Notation using shape ratio and propagation ratio, original concept created by Young Ho, Seo). Therefore, our EFW Pattern Trader provides an effective pattern detection algorithm. Any patterns in EFW Pattern Trader can be backtested visually in your strategy tester. Visual backtesting with pattern will show you how pattern wi
100 USD
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MW Volume
MW Volume
Martin Bittencourt
The Martinware Volume indicator plots a colored moving average over volume bars. The coloring uses three colors and can be done in different ways choosable by the user and is applied both to the average as to the volume bars. Three types of coloring are possible: None: no coloring is done Increasing or decreasing: changes the color depending on the current value being bigger or lesser than the previous one Volume relative to average: colors vary if the current volume is bigger or lesser then
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MW Closing Time Alarm
MW Closing Time Alarm
Martin Bittencourt
The Martinware Closing Time Alarm indicator serves to warn traders that the current period (bar, candle) is about to end. Input parameters: Time frame: the time frame used as a reference to calculate the alarm Time offset: with how many seconds before the ending of the current period the alarm must trigger Alert with sound: informs if the alert should include playing a sound Sound selection: a list of sounds available Custom sound: name of the custom sound file to be used in case "custom sou
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MW Manual Trading Helper
MW Manual Trading Helper
Martin Bittencourt
The Martinware Manual Trading Helper indicator is aimed at helping people start their lives in manual trading. It can be used to display both some generic images at the right side of the graph, where custom operational remarks may be displayed or just a blank rectangle hiding the chart while backtesting. Moreover, it can periodically play a list of sounds. To show a blank rectangle, let the first image name input field empty and select the desired color. To show one or more custom images inste
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MW Eye Rest Reminder
MW Eye Rest Reminder
Martin Bittencourt
The Martinware Eye Rest Reminder serves to periodically remind traders to rest their eyes without the need for a tool outside MT5. Input parameters: Periodicity: play the alert every n minutes Alert with sound: define if the alert should include playing a sound Custom sound file: name of the custom sound file to be used instead of the default. It must be inside a folder named "Sounds", this one inside the "Files" folder in the Terminal's MQL5 directory tree. Alert with Alert message: informs
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MW Market Sides Strength
MW Market Sides Strength
Martin Bittencourt
The Martinware Market Sides' Strength indicator shows the candlestick chart in a different manner allowing for a clearer view of which side, bullish or bearish is dominating the asset in the current period. As a bonus, it can also show an internal area that can be used to visualize two levels of Fibonacci retracements inside the bars. The default configuration shows the MSS bars with 4 main colors, two representing the bullish force, and two representing the bearish one. The primary colors a
40 USD
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Version 1.6 2021.09.24
Major update. Bug corrected, improved alert system, added an algorithm to better handle volatile candles
Version 1.5 2020.09.22
Warning with "Alert" message and support for custom warning sound files
Version 1.4 2020.09.14
Adding support for warning by email
Version 1.3 2020.08.13
Minor code improvements
Version 1.2 2020.07.06
Adding sound alarm for manual traders
Version 1.1 2020.07.03
Bug fix