It's a simple but useful tool for creating a grid based on Envelopes.
Only 2 parameters can be set:
1) "Period" - the period of all visible Envelopes (i.e. 4) and 1 Moving Average (Envelopes axis),
2) "Deviations Distance" - the distance between Envelopes.
Naturally, the colors of all 9 lines can be changed as desired.
It works with everything that is available in your Market Watch.
The Renko_Bars_3in1_DEMO is designed for plotting 3 types of Offline Renko charts. Standard Renko Bar (the reversal bar is twice the size of the bar). Renko Range Bar (the size of all bars is the same). Renko Bars with the ability to adjust the size of the reversal bar. Note . Renko_Bars_3in1_DEMO is a demo version of Renko_Bars_3in1 indicator. Works only on Demo accounts. A chart with the M1 period is necessary to build an offline chart. When the indicator is attached to a chart, the offline ch
The Renko_One_ReversBar_Demo is a Demo version of the Renko_One_ReversBar indicator. The main feature is that only one Reversal Bar is drawn. As in the indicator Renko_Bars_3in1 , you can independently adjust the size of the reversal bar. Works only on Demo accounts. Important. To build an offline chart, you need a chart with a period of M1. When you launch the indicator on the chart, the offline chart opens automatically. When closing the terminal, also close the offline chart, because the nex
It's a simple but useful tool for creating a grid based on Bollinger Bands . Only 2 parameters can be set: 1) "Period" - the period of all visible Bollinger Bands (i.e. 4) and 1 Moving Average (axis of all Bollinger Bands), 2) "Deviations Distance" - the distance between Bollinger Bands. Naturally, the colors of all 9 lines can be changed as desired. It works with everything that is available in your Market Watch. Good luck!
The indicator searches for Rails PriceAction pattern. The pattern consists of two adjacent oppositely directed bars. Open and Close prices of the two adjacent bars included in the pattern should be located close to each other. It is desirable that the candlestick shadows are small enough. For the bearish pattern (the pattern's right candle is a bearish one), SellStop pending order is placed slightly below the pattern's Low. The initial stop is placed slightly above the pattern's High. For the bu
VR MultiPrice Analysis is a professional indicator for synthetic analysis of a currency pair. The program shows the trader a general picture of the separation for each currency included in the currency pair in question. This analysis helps determine which currency is mostly bought for other currencies, and which is mostly sold. Multi-currency analysis of a financial instrument is much better and more accurate than the analysis of a single currency pair. VR MultiPrice Analysis clearly shows which
MASi Three Screens is based on the trading strategy by Dr. Alexander Elder. This indicator is a collection of algorithms. Algorithms are based on the analysis of charts of several timeframes. You can apply any of the provided algorithms. List of versions of algorithms: ThreeScreens v1.0 - A simple implementation, with analysis of the MACD line; ThreeScreens v1.1 - A simple implementation, with analysis of the MACD histogram; ThreeScreens v1.2 - Combines the first two algorithms
Chaos Trader Lite attempts to use aspects of chaos theory to place trades in the marketplace. This Expert Advisor, in particular, draws upon theories made by Bill Williams. Every version of MetaTrader contains the Bill Williams indicators. I wondered why was he deemed so important as to have his own set of indicators added to MetaTrader with name attribution. Conducting research I found that Bill Williams wrote a book using chaos theory to trade the markets. The Bill Williams indicators are usef
Allows symbols/currency pairs to be ordered based on a configured indicator, with the best performing symbols shown at the top. This helps you to select the symbol with better prospects from a given list of symbols. Can optionally alert when a symbol moves into the top two (configurable). Also shown is the number of pips that the symbol has moved in its current direction, allowing you to tell if you've 'missed the boat'. Further, a graph is shown, per symbol, of the indicator value over time all
The Identify Trend indicator, using fairly simple but robust filtering methods (based on the moving median – algorithm XM ) and more complex algorithms (XC, XF, XS, four types of non-lagging moving averages SMAWL, EMAWL, SSMAWL, LWMAWL ) developed by the author , allows determined (1) the beginning of a true trend movement very precisely and, most importantly, with a small delay, and (2) identifying the flat. Such an indicator can be used for trading scalper strategies as well
Quants Renko Bars Designed to give the most accurate price movement information on online charts for better live trading results using improved techniques against traditional RENKO charts. Quants Renko will print the BARS Only if user-defined +pip amount reached on the candle close. I suggest very much to use this indicator together with MA ANGLES : https://www.mql5.com/en/market/product/50223 Discord invitation link : https://discord.gg/QJ2TmS9 You can set the starting date for mo
This indicator displays buy or sell signals according to Bill Williams' definition of the Trading Zone. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Avoid trading flat markets Deterministic indicator with clear rules The indicator is non-repainting It implements alerts of all kinds It has straightforward trading implications. A blue arrow is a buy signal A red arrow is a sell signal According to Bill Williams trading in the zone helps to
This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Reversal fractals can start long trends The indicator is non repainting It implements alerts of all ki
ZigZag_FT is a combination of two good indicators. The first one is ZigZag with adjustable wave height (found it in Code Base). The second on is Bill Williams' fractals. These indicators complement each other. ZigZag is used for detecting Elliott waves, and Fractals show the structure of each wave. The height of ZigZags can be (and it should be) adjusted depending on the timeframe the indicator is used with. Fitted values of "Minimum points in a ray" parameter for different timeframes are listed
I have been studying the Forex market since the year 2004. Many professionals agree that the trend is your friend. This indicator calculates price and displays its trend. The indicator also has an extra feature to let you turn on/off the glowing effect on a chart. I usually place a buy order when the price is above the glowing green tube and sell when it is below the glowing pinkish red tube. Settings Email Alert: True/False (if true , the EA will send out an email alert) Sound Alert: True/Fal
这是一个小工具，可以帮助我们快速关闭订单，修改止盈止损，，如果对朋友有帮助请给个好评 如果大家对交易有什么问题不懂的，也可以咨询我，微信、QQ 913125709 也可以申请进我的QQ交流群1094048187 这是一个小工具，可以帮助我们快速关闭订单，修改止盈止损，，如果对朋友有帮助请给个好评 如果大家对交易有什么问题不懂的，也可以咨询我，微信、QQ 913125709 也可以申请进我的QQ交流群1094048187 这是一个小工具，可以帮助我们快速关闭订单，修改止盈止损，，如果对朋友有帮助请给个好评 如果大家对交易有什么问题不懂的，也可以咨询我，微信、QQ 913125709 也可以申请进我的QQ交流群1094048187
Improved Fractals indicator. It can show the fractals of both the current timeframe and a higher timeframe. The current chart is used in calculations, therefore, it is possible to obtain fractals of a non-standard timeframe. For example, the current timeframe is М5, and fractals are from М20. Due to the improved algorithm, no fractal will be missed. Adjustable indentation of fractals for placing pending orders, both in points and by ATR. Does not redraw, can be used in experts. Parameters TF M
This indicator has been created for finding the probable reversal points of the symbol price. A small candlestick reversal pattern is used it its operation in conjunction with a filter of extremums. The indicator is not redrawn! If the extremum filter is disabled, the indicator shows all points that have a pattern. If the extremum filter is enabled, the condition works – if the history Previous bars 1 candles back contains higher candles and they are farther than the Previous bars 2 candle, such
This is ExitPoints's version of the MACD (Moving Average Divergence Convergence) indicator. The MACD has been widely used for decades by financial analysts as a momentum indicator. This version has been normalized to expand the analysis characteristics of the indicator. Since the pattern of the MACD is preserved and only the scale has been normalized, a trader can use all the pattern recognition usage built in to the MACD such as trend changes and reversals. The indicator can be used effectively
Bollinger Bands Breakout Alert is a simple indicator that can notify you when the price breaks out of the Bollinger Bands. You just need to set the parameters of the Bollinger Bands and how you want to be notified. Parameters: Indicator Name - is used for reference to know where the notifications are from Bands Period - is the period to use to calculate the Bollinger Bands Bands Shift - is the shift to use to calculate the Bollinger Bands Bands Deviation - is the deviation to use to calculate
The indicator looks for possible Wolfe waves on the chart. Wolfe Waves represent one of the methods of technical analysis based on the search of specific price patterns. It has been developed by Bill Wolfe. Compared with the Elliott Waves, Wolfe Waves are different in that the analysis is done on the spot and does not require data of higher or lower timeframes. The main advantage of the method is the ease of use. You can select a certain number of trading instruments and track patterns at certai
A top-quality implementation of the famous Super Trend indicator, which needs no introduction. It is completely loyal to the original algorithm, and implements many other useful features such as a multi-timeframe dashboard. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade It implements alerts of all kinds It implements a multi-timeframe dashboard It is non-repainting and non-backpainting Input Parameters ATR Period - This is the average true range peri
This indicator is a tool to measure the relative strength of different currency pairs. It present major currencies strength value base on their relative strength/weakness in custom period of time. Indicator parameters Strength Period - Change the strength period in the settings affects the number of bars used for calculation. The higher the period value, the smoother the indicator lines and the result will represent longer term strength of each currencies, rather than recent strength. Display
Revolutionary approach to forex Prices are in predictable waves and cycles. They are hidden from retails. Nothing Price action, Market Profile, Ellliot Wave or Gann or etc. Daily levels. There are a margin calls on these levels. The indicator is used to avoid poor inputs and poorly selected stop losses. It also allows you to set a real profit targets. Trial version work only on EURUSD
Risk Management is one of the most important tools for a trader, which is why we have created the Position Size Pointer. The Position Size Pointer is an indicator specifically designed to show the user exactly how much of his money he can invest safely. Using the Position Size Pointer Using the Position Size Pointer is very simple. Just enter the Risk percentage intended for a single transaction, place the StopLoss Line (sl_line, red by default) where you want your Stop Loss to be set, and the
The indicator finds for pin-bars on a chart and marks them. Also it sets a signal pointer at the opening price of the candlestick following the found pin-bar. It has four parameters to filter candlesticks: MinCandleSizePT - the minimum size of the candlestick in points from High to Low, below which candlesticks are skipped. This parameter is specified like for the four-digit prices. MaxCandleBodySize - the maximum size of the candlestick body relative to its shadows. Set from 0 to 1 . If the si
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 Helping Honest Predictor (HHP) script was created to assist the user in finding the best values for the input parameters of the Honest Predictor Indicator ( iHP ) for most profitable Binary Option trading. Once the desired range is given by the user for the values of one of the most relevant iHP parameters, namely the positions Expiry Time , HHP "scans" this range and finds out the maximum backtesting accuracy of the indicator (provided the requested reliability level is fulfilled) and for w
This index can be traced back to historical transactions, and can clearly see the trading location, trading type, profit and loss situation, as well as statistical information. Showlabel is used to display statistics. Summy_from is the start time of order statistics. This parameter is based on the opening time of the order. Backtracking can help us to correct the wrong trading habits, which is very important for beginners to learn manual transactions. This index is suitable for each time
This is an indicator detecting trend direction. It uses the popular Bill Williams Alligator. It shows market state on all timeframes on one chart. As is well known, traders gain the main profit on the Forex market trading by trend, and losses usually occur when the market is flat. So, in order to gain profit a trader should learn to detect trend market and direction of a current trend in a rapid manner. This indicator has been developed for this purpose. MTF Alligator helps to: Profitably trade
Multi timeframe fractal indicator which shows the higher timeframe's fractal point on lower timeframes. Parameters Fractal_Timeframe : You can set the higher timeframes for fractals. Maxbar : You can set the maximum number of candles for the calculations. Up_Fractal_Color, Up_Fractal_Symbol, Down_Fractal_Color, Down_Fractal_Symbol : Color and style settings of the fractal points. Extend_Line : Draws a horizontal line from the previous fractal point until a candle closes it over or a user-speci