Price CD HBT

Description

Price CD HBT (Price Convergence/Divergence High Bottom Top) is a innovative universal analytical bears indicator of convergence/divergence between financial instruments. The indicator is the first out of the two possible versions (HBT and HTB) of the bearish convergence/divergence origins.

Due to its multiple use feature, the indicator allows you to find convergences/divergences between the price of main financial instrument and other financial instruments simultaneously.

Users can select the sell graphical symbol and its width, as well as the color of convergence/divergence lines.

The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).

The indicator is not a lagging one. It works by ticks and is able to show convergence/divergence in the symbol's window even if there is no separate window with another financial instrument used for search. This allows you to open additional windows with any other indicators for a joint analysis.

As an option, the indicator can notify of a new signal using the graphical sell symbol instead of convergence/divergence lines.

In most cases, convergence/divergence is considered to be confirmed if it takes the form of a line with a graphical symbol remaining on the chart.

Searching of convergence/divergence on one financial instrument means searching of levels of support/resistance!

Attention: Since the indicator is downloaded, graphical symbols are displayed in the main window only after a new convergence/divergence signal appears (unlike convergence/divergence lines). Graphical symbols are not displayed for the past periods (before the indicator was downloaded).

For plotting of lines of convergence/divergence in a separate window the indicator identifies one of any eleven custom indicators (pls. see input parameters) in the presence.

The indicator's operation is displayed in the attached video with sharing of indicators: Bollinger Bands, Fibo Levels, Price Levels.

The indicator can notify of the appearance of a formed signal by playing an audio signal and sending an e-mail, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where:

  • < - the current bar.
  • d - days.
  • h - hours.
  • m - minutes.
  • s - seconds.

Example of the e-mail notification:

  • Subject: Price CD HBT Signal
  • Message: Signal,M1 - Bearish Convergence between EURUSD and EURUSD - 2014.08.06 10:18:00


Purpose

The indicator can be used for manual or automated trading within an Expert Advisor. For automated trading, use the indicator buffer of the double type:

  1. Sell signal - buffer 0, must not be zero.


Input Parameters

  1. Currency_Name - name of financial instrument.
  2. Bars_Number - number of bars for calculation.
  3. Base_Indicator - basic indicator code (the parameter will be activated and used in case of custom indicator presence):
  4. Arrow_Symbol - graphical sell symbol type (recognizes one of the eight user-defined symbols, see the screenshot):
    • 68
    • 72
    • 159
    • 218
    • 222
    • 226 (by default)
    • 234
    • 242
  5. Arrow_Width - graphical symbol width (allowable values - 1, 2, 3, 4 and 5).
  6. Sound_Mail_Numbers - number of sound and e-mail notification on two last bars.
  7. DrawLine - display of convergence/divergence line.
    • true - draw the lines (by default).
    • false - do not draw the lines.
  8. Convergence - calculating convergence or divergence:
    • true - convergence (by default).
    • false - divergence.
  9. Ideal_Searching - searching convergence/divergence in non-ideal conditions:
    • true - ideal search conditions (by default).
    • false - non-ideal search conditions.
  10. Play_Sound - enable/disable sound notification.
  11. Show_Time - displaying time remaining until the formation of the current bar.
  12. Send_Mail - enable/disable e-mail notification.
  13. ConvLevelColor_1 - color of the convergence line in the main window.
  14. ConvLevelColor_2 - color of the convergence line in the additional indicator window.
  15. DivLevelColor_1 - color of the divergence line in the main window.
  16. DivLevelColor_2 - color of the divergence line in the additional indicator window.


Recommendations

Except above-mentioned basic indicators for confirmation of force of a signal of the indicator, and also definition of a financial instrument for open/close position, the indicator is recommended to be used together with any other analytical tools, for example such as: Reversal Bars, Inside Bar, Long and Short Candlesticks, Main Candlesticks, Impulse System, Bearish Convergence/Divergence HBT, Bearish Convergence/Divergence HTB, Bollinger Bands and others.

Before operation of the indicator updating of historical data on financial instruments is necessary!
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News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
AW Grids Maker
AW Trading Software Limited
4.33 (3)
Utilities
AW Grids Maker is used to build grids from pending orders. The utility is universal, has flexible settings and an intuitive panel interface. The program builds networks from STOP and LIMIT orders with the necessary step, uses the position volume multiplier. MT5 version ->  HERE  / Problem solving ->  HERE Advantages: Uses pending orders of all types. Simple and flexible configuration. A well-designed and multifunctional utility panel. A well-thought-out information module Features of work: Suit
Forward Alert Msg to Telegram
Nguyen Quoc Hung
3.4 (5)
Utilities
This EA is fully automated , it is built based on  the method of catching the pop-up Alert event and forwarding them to Telegram Channel/Group. Parameters of the EA: -------- <EA Settings> -------- Magic Number:   The identifying (magic) number of the currently selected order. Bot name:   Name of the Expert Advisor. Allow forward Alert: Enable/ Disable Forward Alert. Do not send messages after the current time (seconds) . Number of rows to read from list (>= 4...| affect processing speed). --
Risk Calculator Fast Trade Management Buttons
LEE SAMSON
Utilities
LAUNCH OFFER 30% OFF! $49 instead of $69! The Risk/Reward Tool is a professional-grade Expert Advisor designed to revolutionise the way you plan, visualise, and execute trades in MetaTrader 4. Whether you're a discretionary trader who values precise risk management or a strategy developer who needs to test trade setups visually, this tool provides everything you need in one elegant, intuitive interface. Unlike basic position calculators, the Risk/Reward Tool combines visual trade planning with
VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.86 (59)
Utilities
Trading Panel for trading in 1 click.  Working with positions and orders!  Trading from the chart or the keyboard. Using our trading panel, you can trade in one click from the chart and perform trading operations 30 times faster than the standard MetaTrader control. Automatic calculations of parameters and functions that make life easier for a trader and help a trader conduct their trading activities much faster and more conveniently. Graphic tips and full information on trade deals on the chart
Fast Copy For Multi Plattform Multi Account MT4
Kaijun Wang
5 (11)
Utilities
Copier->Convenient and fast interface interaction, users can use it right away   ->>>> Recommended to use on Windows computers or VPS Windows Features: Diversified and personalized copy trading settings: 1. Different lot modes can be set for different signal sources 2. Different signal sources can be set for forward and reverse copy trading 3. Signals can be set with comments 4. Whether to calibrate the lot according to the contract lot Diversified and personalized copy order settings 2: 1. Dif
Discord To MT4 Copier
Trinh Dat
5 (4)
Utilities
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrader
EAs Manager MT4
Abdeljalil El Kedmiri
Utilities
The  MT4  EAs Manager   is a professional risk management and trade assistance tool designed to monitor, control, and optimize all trading activities on your MT5 account. It acts as a   central command center   that oversees every trade - whether opened by other Expert Advisors or manually by you. How it's work with other EAs :   Blog post  MT5 version :  https://www.mql5.com/en/market/product/166211 Only 10 copies will be sold at the early-bird price. After 10 copies, the price jumps directly t
PZ Trade Pad Pro MT4
PZ TRADING SLU
5 (2)
Utilities
Effortlessly calculate lot sizes and manage trades to save time and avoid costly errors The Trade Pad Pro EA is a tool for the Metatrader Platform that aims to help traders manage their trades more efficiently and effectively. It has a user-friendly visual interface that allows users to easily place and manage an unlimited number of trades, helping to avoid human errors and enhance their trading activity. One of the key features of the Trade Pad Pro EA is its focus on risk and position manageme
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Main Candles
Igor Semyonov
Indicators
The indicator detects the following types of Japanese candlesticks: Doji, Hammer and/or Hanging Man, Shooting Star and/or Inverted Hammer, Spinning Top, Maribozu. The indicator is intended for manual and/or automated trading within an Expert Advisor. There is a possibility to choose colors for bullish and bearish candlesticks. For automated trading, use any indicator buffer of the double type: 0, 1, 2 or 3, whose value is not zero!
Big and Small Candles
Igor Semyonov
Indicators
The indicator is intended for detecting big (long) and/or small (short) candlesticks. There is possibility of coloring the bullish and bearish candlesticks. The indicator can be used for manual and/or automated trading within an Expert Advisor. The indicator data that can be used for automated trading can be taken from one of four buffers of the double type: 0, 1, 2 or 3. Values must not be equal to zero. 
DeMark Fractals
Igor Semyonov
Indicators
The indicator of DeMark fractals. The indicator can be drawn on the basis of price data and on the basis of a moving average. There is a possibility to color the up and down fractals. The indicator can be used for manual and for automated trading within an Expert Advisor. For automated trading, use any indicator buffer of the double type: 0 - up fractals, 1 - down fractals! Values of the buffers must not be equal to zero.  A moving average is drawn on the basis of input parameters: Calc_Method 
Stochastic Global
Igor Semyonov
4 (1)
Indicators
Description A universal colored indicator Stochastic. The rising and falling lines and the levels of the indicator can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following nineteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. AC - indicator of acceleration. AO
MACD Histo Global
Igor Semyonov
Indicators
Description A universal colored indicator MACD Histo. The rising and falling of the indicator histogram can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow
MACD Line Global
Igor Semyonov
Indicators
Description A colored universal indicator MACD Line (MA convergence-divergence indicator, shown as a histogram). The rising and falling of the indicator histogram can be colored. The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume i
RSI Global
Igor Semyonov
Indicators
Description A universal indicator RSI together with moving averages based on it. Depending on the need, moving averages can be disabled. You can color the indicator lines and levels: lines of RSI, moving average lines and thresholds of overbought and oversold levels.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following eighteen other indicators included in the standard package of the MT4 terminal: AD - an indicator of accu
CCI Global
Igor Semyonov
5 (1)
Indicators
Description A universal indicator CCI together with moving averages based on it. Depending on the need, moving averages can be disabled. You can color the indicator lines and levels: lines of CCI, moving average lines and thresholds of overbought and oversold levels.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following eighteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicato
Multicurrency Tools
Igor Semyonov
Indicators
Description A multi-purpose multi-colored/multi-symbol indicator, which is a set of standard tools from the MetaTrader 4 terminal. The difference is that below the basic price chart it allows to calculate and build in a separate window any of the twenty indicators in a colored form, painting bulls and bears in different colors, for any financial instrument in accordance with the list below:  AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Force - Force Inde
AO Global
Igor Semyonov
Indicators
Description A colored universal indicator AO (Awesome Oscillator). The rising and falling of the indicator histogram can be colored.   The indicator can be calculated as the standard one or as a derivative on the basis of the following eleven other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow Index. ATR
MACD Classic Global
Igor Semyonov
Indicators
Description A colored universal indicator MACD Classic (MA convergence-divergence indicator) that combines two indicators: MACD Line and MACD Histo. The rising and falling lines, the signal line and the indicator histogram can be colored. The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distributio
MACD Classic Multicurrency
Igor Semyonov
Indicators
Description The universal colored multicurrency/multisymbol indicator MACD Classic, consisting of two MACD indicators: MACD Line and MACD Histo. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist). Inputs Currency_Nam
Multicurrency Cross Oscillator
Igor Semyonov
Indicators
Description A colored universal indicator/oscillator based on crossing moving averages. The rising and falling lines of the indicator histogram can be colored. The combined use of the line and the histogram increases the level of the analysis when making a decision to open or close deals. The indicator can be calculated as the standard Price Oscillator or as a derivative on the basis of the following eleven other indicators included in the standard package of the MetaTrader 4 terminal: AD - an i
RAVI Multicurrency
Igor Semyonov
Indicators
Description A universal colored multicurrency/multi-symbol indicator RAVI. Was proposed by T. Chand as a trend indicator. RAVI means Range Action Verification Index. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).
Market Mood Multicurrency
Igor Semyonov
Indicators
Description A colored multicurrency/multisymbol oscillator of the market mood. The oscillator is designed for detecting the continuation or change of the market mood prior to its occurrence. An excellent example is the screenshots that show all the features of the oscillator. The oscillator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a fin
Inside Bar
Igor Semyonov
Indicators
Description The indicator determines the appearance of internal bars on the chart, and paints them in accordance with the bullish and/or bearish mood. The indicator can notify of the appearance of a formed internal bar by playing a beep, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where: < means the current bar. d - days. h - hours. m - minutes. s - seconds. The bullish and bearish mood can be colored. Inputs Sound_Play - a
Reversal Bars
Igor Semyonov
Indicators
Description The indicator determines the appearance of the bars that signal of a reversal of current local moods and plays a beep. It also paints these bars in accordance with the bullish and/or bearish priority. You can select the color for bullish and bearish moods. Inputs Sound_Play - a flag that allows the sound notification. Use Detection of the reversal bar can be a signal to perform appropriate trading activities.  The indicator can be used for manual or automated trading in an Expert A
Tendency Reversal Bars
Igor Semyonov
Indicators
Description The indicator determines the appearance of bars that notify of the reversal of the current trend, and paints them in accordance with the bullish and/or bearish mood. The indicator can notify of the appearance of a formed reversal bar by playing a beep, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where: < means the current bar. d - days. h - hours. m - minutes. s - seconds. You can select the color for bullish and
Multicurrency MAs
Igor Semyonov
Indicators
Description A universal colored multicurrency/multi-symbol indicator of moving averages: Moving Average, Double Moving Average, Triple Moving Average . The indicator is drawn in a separate window, so below the main trading chart a user can see the development of another financial instrument. It is very useful when considering the combined values of various moving averages for different financial instruments below the main trading chart.  The indicator may be used with any broker, irrespective of
Color Chart MAs
Igor Semyonov
Indicators
Description A universal colored indicator of moving averages: Moving Average, Double Moving Average, Triple Moving Average . The indicator provides various opportunities for the analysis of prices based on different ways of constructing moving averages in the window of the main financial instrument. You can color bullish and bearish moods. Inputs MA_Type - type of multiplicity: Moving Average. Double Moving Average. Triple Moving Average. MA_Period - the MA period. MA_Method - the averaging met
Multicurrency Bands Global
Igor Semyonov
Indicators
Description A colored universal multicurrency/multi-symbol indicator Bollinger Bands to be drawn in a separate window below the main financial instrument. The rising and falling line of the main indicator and Bollinger Bands can be colored. The indicator can be calculated based on one of the eleven basic indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Force - Force Index indicator. MF
Channel Global Multicurrency
Igor Semyonov
Indicators
Description A colored universal multicurrency/multi-symbol indicator Channel to be drawn in a separate window below the main financial instrument. The indicator uses the calculation method of the Price Channel indicator. The rising and falling line of the main indicator and the Channel lines can be colored. The indicator can be calculated based on one of the eleven basic indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution o
Keltner Channel
Igor Semyonov
5 (1)
Utilities
Description Keltner's colored channel indicator,also called STARC band, drawn in the main chart window. The indicator uses the calculation technique of the three drawing options: basic, improved and modified . The first two were proposed by Keltner, the third one - by a successful trader L. Rakshe. You can also search for your own best parameters of the indicator. The upper, middle and lower bands can be colored. The indicator includes the basic analytical tool of the market moods by Keltner. Th
ZigZag Global
Igor Semyonov
Indicators
Description A colored universal multicurrency/multi-symbol indicator ZigZag to be drawn in a separate window below the main financial instrument. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).  The indicator can
Color Price Channel
Igor Semyonov
Indicators
Description A colored channel indicator Price Channel to be drawn on the main chart of a financial symbol. It can color bullish and bearish moods based on the middle line of the indicator, as well as change the color of the upper and lower lines of the channel. Purpose The indicator can be used for manual or automated trading in an Expert Advisor. Values of indicator buffer of the double type can be used for automated trading:  The middle line of the indicator - buffer 4. The upper line of the
Multicurrency Candlesticks
Igor Semyonov
Indicators
Description Candlesticks is a colored multicurrency/multy-symbol indicator. It shows a financial instrument as a candlestick chart in a separate window below the chart of the main financial symbo. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrume
Candlestick Tools
Igor Semyonov
Indicators
Description Candlestick Tools  is a colored multicurrency/multy-symbol indicator. It shows one of four standard indicators as a candlestick chart in a separate window below the chart of the main financial symbol. The indicator is calculated based on one of two indicators included in the standard package of the МetaТrader 4 terminal: CCI - Commodity Channel Index. RSI - Relative Strength Index. The default indicator is Commodity Channel Index. The indicator may be used with any broker, irrespecti
Pivot Pro
Igor Semyonov
Indicators
Description Pivot Pro  is a universal color indicator of the  Pivot Points  levels systems. You can select one of its three versions:  Standard   Old , Standard New  and  Fibo . The system will automatically calculate the  Pivot Point  on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. It can also display price tags for each level. You can color the indicator lines. Only a method of calculation of the third level of supp
Price Levels
Igor Semyonov
Indicators
Description The indicator is intended for labeling the chart using horizontal levels and/or half-round prices. The indicator works on any financial instrument regardless of the name and the number of digits. A user can choose colors for the indicator lines. Input Parameters Calc_Method - method of calculation of the lines: levels of round prices. levels of half-round prices. Digits_Accepted - flag for calculating the levels according to number of decimal places in the quotes of a financial inst
MACD Line Smart
Igor Semyonov
Indicators
Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average .  Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a
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