• Overview
  • Reviews (2)
  • Comments (5)
  • What's new

VolumeDeltaWaves

This indicator is an extended implementation of Weis waves. It builds Weis waves on absolute volumes (which is the classical approach) or delta of volumes (unique feature) using different methods of wave formation and visualization. It works with real volumes, if available, or with tick volumes otherwise, but also provides an option to use so called "true volume surrogates", as an artificial substitution for missing real volumes (for example, for Forex symbols), which was introduced in corresponding indicator.

Using delta of volumes is considered more accurate, than total volumes per bar. The underlying algorithm of calculation of the deltas is the same that's used in VolumeDeltaM1  and VolumeDeltaScanner.


Parameters

  • TickHistoryPreload - number of bars to process; especially important for volume delta calculation, which requires real tick history (may lead to bulky download from your server, if too many bars requested); default value 0 means that only the last day is processed; please note, the ticks are always processed in batches by day, so more bars can be calculated due to alignment to the start of the day; 
  • VolumeType - defines which volume to use in calculations: Bar Volume, Delta by Ask vs Bid, Delta by Ask + Bid; Bar Volume means separate volume of each bar: real volume, if available, or tick volume; if UseTrueVolumeSurrogate is enabled, surrogate volume is used instead of tick volume; Deltas are calculated for each bar based on tick history or online ticks;
  • Visualization - defines histogram type used to display volumes: Bars apart, Bars in wave color, Wave cumulative signed, Wave cumulative absolute; see below;
  • WaveMethod - defines one of the methods of wave formation: High below Low/Low above High, Gann swing, Close vs Close (Weis wave), Retracement (auto-adaptive level or fixed % of price); they are based on 4 different zigzag types; you may find details in the description of the indicator AutomaticZigZag; this indicator is free, and it's recommended to apply it to a chart along with VolmeDeltaWaves for better understanding how the waves are formed;
  • UseTrueVolumeSurrogate - a flag to use true volume surrogate instead of tick volumes; has effect only if real volumes are missing and VolumeType is Bar Volume; the surrogates can not be used for volume delta (when VolumeType is any kind of Delta), because their simulation is based on other principles than tick processing required for the deltas;
  • ShowExtremumMarks - number of marks with cumulative volumes of waves shown on the main chart above and below found extremes; default 0 means no marks;
  • PrimaryContentInMarks - seelctor of metric to show in marks: total volume of waves, average volume or efficiency (also known as "speed index"); all metrcis are shown in a tooltip when mouse cursor hovers over mark.


Visualization

With mode Bars apart each bar in histogram is colored according to the sign of its value (when VolumeType is Bar Volume, the sign is determined by direction of the candle); otherwise each bar is colored according to direction of the wave to which it belongs. Bars in wave color still shows every bar volume separately. The last wave may change during formation, because it's based on unstable, not yet completed edge of the zigzag, hence such bars are drawn in gray.

Both modes of Wave cumulative sums up volumes of bars in each wave, but Signed mode respects volume direction (cumulative sum may go up and down in the wave - this is a unique feature, it provides higher accuracy and especially useful for delta volumes), while Absolute mode always increases the sum (classic Weis wave approach).


Zigzags on all screenshots created by AutomaticZigZag indicator.



Reviews 2
Andre Gomes
1670
Andre Gomes 2021.04.30 00:46 
 

Excellent

Recommended products
YY PP Price Channel MT5
YY PP Price Channel MT5
Yuryi Yatsenko
The Point-Percent Price Channel (PPPC or PP Price Channel) indicator is designed to display on the chart a channel whose width is specified both as a percentage of the current price and in points. Its appearance is presented on slide 1.             When the market moves up, the upper border of the channel is built at the price of High candles. In this case, the lower boundary follows the upper one at a strictly specified distance. When the price touches the lower border of the channe
FREE
AIS Adaptive Trend Smoothing MT5
AIS Adaptive Trend Smoothing MT5
Aleksej Poljakov
In order to isolate long-term and non-random components, it is necessary to know not only how much the price has changed, but also how these changes occurred. In other words - we are interested not only in the values ​​of price levels, but also in the order in which these levels replace each other. Through this approach, one can find long-term and stable factors that influence (or may influence) the price change at a given point in time. And knowledge of these factors allows you to make a more
FREE
Setup Stormer
Setup Stormer
Alex Rodin De Sousa E Silva
Graph configuration and buy and sell signals based on Stormer's  (Alexandre Wolwacz, Brazilian trader) swing, position and day trade strategy, described on his youtube channel (https://www.youtube.com/watch?v= 0QZ_NjWkwl0) The buy and sell indications are based on 2 candle patterns ( Inside Bar [Yellow] and Reversal Closing Price [Blue and Red] ), 3 Moving Averages and 1 Stochastic . Indicators: Inside Bar - Candle pattern indicating trend continuity, or reversal Reversal Closing Price - Ca
FREE
Round Price Level
Round Price Level
Sergey Perechesov
You entered the transaction, but the price did not go in your direction? This indicator will help you take into account round price levels. Very often the price bounces off large price levels or breaks through them impulsively. Beautiful round numbers never go unnoticed by large speculators. Knowing this pattern, this indicator will be a good filter for your trading. Benefits: flexible setting automatic rebuild support and update of the indicator Indicator parameters: Count - enter the number of
30 USD
Two Envelopes Paradox MT5
Two Envelopes Paradox MT5
Leonid Basis
Envelopes is an excellent indicator when the market is trending. Open Long position when the ClosePrice crossed the upper Aqua band. Close Long position when the Price crossed the upper Yellow band moving down. Open Short position when the ClosePrice crossed the lower Aqua band. Close Short position when the Price crossed the lower Yellow band moving up.
30 USD
EMA Crossover Strategy
EMA Crossover Strategy
Luiz Ernesto De Queiroz Costa
This indicator is part of a very efficient and simple to use strategy. Basically, trading signals can be obtained by observing the crossing of two EMAs. Once the cross occurs, you can buy or sell at the maximum or minimum of the candle that makes the EMA cross. Note: In Brazil, more specifically in the futures market, the indicative lines can also function as support or resistance due to the pranks of Smart Money. With a little attention, it can yield good profits.
FREE
TradeZones
TradeZones
Anton Babaev
This indicator shows trade zones of the "bulls" and "bears". The use of this indicator with additional filter provides the excellent re-entry into the market. When indicator's value=1, open long positions only, if indicator's value=-1, open short positions only. Input parameters: Type analysis - Type of analysis (Type1 or Type2); Length analysis - Length of the interval for the analysis; Averaging period - Averaging period; Color of a line - line color, for example, clrMaroon; Line width - lin
FREE
Strong Trend Indicator
Strong Trend Indicator
Piotr Stepien
The indicator finds trendy parts of the price movement and indicates the trend presence by a value in the buffer.  Can be used for flat trading - to disable trading when there is a possibility of price exiting the channel, in which trades are performed. During trend trading, the indicator can determine areas where the trend can be exhausted or it can slow down.  The indicator can give you a signal when to close or open positions after a side breakout or when you want to trade only in consolidati
30 USD
Fibo World MT5
Fibo World MT5
Pavel Verveyko
The indicator builds a graphical analysis based on the Fibonacci theory. Fibo Fan is used for the analysis of the impulses and corrections of the movement. Reversal lines (2 lines at the base of the Fibonacci fan) are used to analyze the direction of movements. The indicator displays the of 4 the target line in each direction. The indicator takes into account market volatility. If the price is above the reversal lines, it makes sense to consider buying, if lower, then selling. You can op
97 USD
P Channel
P Channel
Pavel Gotkevitch
P-Channel is a technical indicator determining the current Forex market status - trend or flat. The indicator is able to work on any timeframes, but H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the middle line. The upper and lower lines can serve as the resistance and support levels. Sell when the price reaches the upper line, and buy when the price reaches the lower line. It is recommended to use a small st
FREE
Just Waves MT5
Just Waves MT5
Dmitriy Medvedev
Among various methods of technical analysis of the Forex market, wave analysis is a fundamental one. Anyway, when it comes to the price change over a period of time, we are dealing with waves. According to Elliott's theory, waves are formed in a fractal way. On the same principle MT5 indicator Just Waves marks up waves of different levels (up to 8) and creates graphic lines indicating the beginning and ending points of the waves. Just Waves offers an objective criterion of a wave, thereby uncove
30 USD
Ilan
Ilan
Andrey Khatimlianskii
Ilan for MetaTrader 5 Due to using the virtual trades, trading in both directions (buy and sell) simultaneously became possible. This allows users to adapt the popular strategy for the net accounting of positions applied by MetaTrader 5.  Expert Advisor Settings The Expert Advisor setup is simple. However, all the important settings of the strategy are available for adjusting. Available tools: Unique  MagicNumber  for identification of trades; Trade direction option ( Trade direction ): buy on
199 USD
Linear Regression channel
Linear Regression channel
Svetlana Kavyrshina
Linear regression channel  consists of six parallel lines that are equally distant upwards and downwards from the trend line of the linear regression. The distance between the channel borders and the regression line is equal to the deviation of the maximum close price from the regression line. Since the Linear regression channel is a channel of price fluctuations, the lower line of the channel is the support and the upper line of the channel is the resistance.  Opening a long position. When the
FREE
Binary BB Demo
Binary BB Demo
Bogdan Kupinsky
Стрелочный индикатор, выдающий сигнал при пересечении канала боллинждера. Сигналы выдаются в виде стрелок и подходят для торговли бинарными опционами.  Входные параметры Period of BB -  период боллинджера Shift of BB  - смещение боллинджера Deviation of BB  - отклонение боллинджера Inform about finding the signal  - параметр, отвечающий за получение уведомлений (Alert) о найденном сигнале. По умолчанию - да
FREE
SR lines
SR lines
Anton Gorin
SR lines indicator draws the support and resistance lines on a chart. The lines are drawn using maximums and minimums. They are detected using intersections of two moving averages. The indicator has two input parameters: First MA Period and Second MA Period. They are used for specified the periods of the corresponding moving averages.
10 USD
One Minute Range
One Minute Range
Igor Gerasimov
//////////////////////////////////////////////// ////////////////////////////////// This indicator displays the range of price changes in 1 minute. Great for risk management. This is an improved version of the standard Average True Range indicator for Tick Chart. This is now double the precision and a colored averaging line. The setting is quite simple - you just need to change the colors if necessary. It is very easy to understand the readings of this indicator, the meaning is the same
99.99 USD
Open order script
Open order script
Denis Povtorenko
Данный софт позволяет вам управлять своими параметрами риска и мани менеджмента. Вы можете задавать параметр риска как на текущий капитал, так и на предполагаемый уровень депозита, что позволит контролировать риски в каждой сделке и в каждом активе. Open order script также позволяет задать фиксированный объём открытия операций и вести торговлю «в один клик» благодаря реализации дополнительных кнопок Sell / Buy непосредственно на график. Особенность скрипта Ключевой особенностью и характеристи
50 USD
Differential oscillator
Differential oscillator
Ruslan Ziyatdinov
The dream of any trader is to predict the trend reversal point. The Differntial oscillator calculates the differential of the chart of currency pair rates in real time. Thus, it becomes possible to predict the extremes of the live chart and predict the trend reversal points. Using differentiation of the chart in real time significantly facilitates trading, and when used in experts, makes them more efficient and reduces the drawdown. It is very important that the minimum indicator values are used
30 USD
Koala BTC Level
Koala BTC Level
Ashkan Hazegh Nikrou
Welcome To BTC Level Indicator Koala BTC Level Indicator This indicator made for who love to buy BTC, as you know BTC was one of the best investment items in last years and also these days, so this indicator just show us buy levels for bit coin. Koala BTC Level indicator can determine lowest points according depth parameter , that is adjustable as input, then, expand line from lowest points until current time, and also draw arrow and price level to show us where you need to buy BTC. These
FREE
Time Box Indicator MT5
Time Box Indicator MT5
Young Ho Seo
Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Input for Time Box Indicator Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timefra
FREE
Retracement Watcher Lite MT5
Retracement Watcher Lite MT5
Christian Ricard
This indicator watch the Fibonacci retracement for all levels and the actual, previous and next timeframes. In the workload of day trading, having your eyes on all the timeframes to validate some information , for Fibonacci traders,   is really time consuming and requires constant focus.  With this in mind, this tool allows you to have your attention on other trading details while this one monitors the retracements of three(3) timeframes in real time. In the charts, this indicator data (retracem
FREE
Fractal Trend Direction MT5
Fractal Trend Direction MT5
Dmitrii Suslonov
The indicator shows the current trend direction based on the fractal breakout. The calculations can be performed on different periods. Multiplier of the current period allows obtaining fractals for non-standard timeframes. For example, the current timeframe is М5, and fractals for determining the trend are from М25. According to the results of testing, the best multiplier of the controlling (higher) period should be in the range from 3 to 6. For example, for trading on M5 - higher periods are М5
30 USD
Excalivel
Excalivel
Anton Gorin
The Excalivel script adds the price levels to the chart. The values of levels are determined based on the local Highs and Lows. Color intensity of each level reflects its strength. Script input parameters: Timeframe - Chart period of the analyzed data; Period - Amount of data used for the analysis; Distance - The minimum distance in points between two adjacent extremums; Color - The color of the levels;
FREE
Wave Splash
Wave Splash
Andrey Sorokin
The Wave Splash technical indicator measures the deviation of the price of an instrument from the average values ​​over a specified period of time. It forms divergence patterns with the price chart and generates leading signals that make it possible to timely detect signs of an upcoming correction in the price of an instrument or a reversal with a trend change even at the moment the price updates extreme values. The Wave Splash indicator is effective in an active market.        Settings: S
FREE
MultiTimeFrame DeMarker
MultiTimeFrame DeMarker
Leonid Basis
This indicator is based on a classic  DeMarker indicator. Multi TimeFrame indicator MTF-DeMarker shows data from the 4 timeframes by your choice. By default this indicator has external parameters: TF1 = 1; TimeFrame2b = true; TF2 = 5; TimeFrame3b = true; TF3 = 15; TimeFrame4b = true; TF4 = 60; InpPeriod = 14; You can change TF1-TF4 in the next limits: TF1 from M1 (1) to H4 (240) TF2 from M5 (5) to D1 (1440) TF3 from M15 (15) to W1 (10080) TF4 from M30 (30) to MN1 (43200) All chosen TFs should be
30 USD
VSA colour volumes
VSA colour volumes
Sergey Mylnikov
The histogram of volume indicator colored according to the VSA methodology. Unlike the standard volumes in MetaTrader, this indicator has a better visualization of the increasing and neutral volume of candles. It works with any volumes. Input parameters volume - select the volumes type (real / tick) thickness - histogram width Volume UP - ascending volume Volume DN - descending volume Neutral volume - neutral volume
30 USD
Naragot Online MT5
Naragot Online MT5
Alexander Mordashov
Naragot Online is an utility needed to establish connection to   http://hass-naragot.xyz  to stream data for Naragot Sentiment Market Outlook indicator . Before turning Naragot Online on enable WebRequest for http://hass-naragot.xyz in MT4 terminal settings: Tools -> Settings -> Expert Advisors -> Allow WebRequest for listed URLs ->   http://hass-naragot.xyz Important This utility only downloads a file NaragotOnline every 15 minutes and doesn't collect any information about users. Why the
FREE
Rectangle top or bottom MT5
Rectangle top or bottom MT5
Dmitry Fedoseev
An indicator of patterns #37 and #38 ("Rectangle Tops" and "Rectangle Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period VertexCount - the number of tops and bottoms: 2, 3, 4.   ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in piхels   ShowLevels - show levels ColUp - colo
30 USD
Bitcoin Scalper MT5
Bitcoin Scalper MT5
Denys Babiak
Description Bitcoin Scalper is an automated trading advisor that independently carries out high-frequency intraday trading on the Bitcoin trading instrument. The Expert Advisor is designed for margin trading and makes both buy and sell deals. The EA is based on the strategy of identifying waves and trends in the market, followed by the construction of correction-impulse levels. This method provides super-accurate entry points regardless of the market situation. Each position is protected by the
100 USD
Harmonic Patterns like Gartley Butterfly Bat Crab
Harmonic Patterns like Gartley Butterfly Bat Crab
Xiangdong Guo
This is not just an indicator; this is a quantitative presentation of a great idea. This indicator detects the following major price patterns: 5-0 AB=CD Bat Alternate Bat Gartley Crab Shark Ideal Butterfly Three Drives All the pattern definitions can be found at HarmonicTrader.com . Unlike other similar indicators, this indicator is not based on ZIGZAG indicator. As you know, the high/low result of ZIGZAG indicator is uncertain; the last value floats in a wide range. This indicator calculates in
199 USD
Buyers of this product also purchase
Entry Points Pro for MT5
Entry Points Pro for MT5
Yury Orlov
This is an indicator for MT5 providing accurate signals to enter a trade without repainting.  It can be applied to any financial assets: forex, cryptocurrencies, metals, stocks, indices .  It will provide pretty accurate estimations and tell you when it's best to open a deal and close it. Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! Most traders improve their trading results during the first trading week with the help of the Entry Point
125 USD
FX Power MT5
FX Power MT5
Daniel Stein
FX Power MT5 is the first currency strength meter with a complete history across all time frames. It analyzes the momentum and strength of all major currencies to determine high probability trades. Get more information, like FAQs, tips and tutorial videos in our  public FX Power info channel ️️️️️ You want to become a constantly profitable 5-star forex trader? ️️️️️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a
75 USD
Configurable Dashboard Pro by RunwiseFX MT5
Configurable Dashboard Pro by RunwiseFX MT5
Runwise Limited
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
79 USD
TPA True Price Action MT5 Indicator
TPA True Price Action MT5 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics
168 USD
VTrende Pro
VTrende Pro
Andrey Dyachenko
VTrende Pro - MTF indicator for trend trading with a display panel for MT5 *** Videos can be translated into any language using subtitles (video language - Russian) Although the signals of the VTrende Pro indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. VTrende Pro is an extended version of the VTrende indicator. Difference between Pro version and VTrende: - Time zones - Signal V - signal 1-2 waves
697 USD
Virtual Level of Market Prices MT5
Virtual Level of Market Prices MT5
Yousufkhodja Sultonov
The indicator is based on the new market theory described and discussed on the Forum: https://www.mql5.com/ru/forum/58256 (in Russian). The theory is based on the principles of receiving or not receiving profit. It accurately describes both the market of real goods and Forex. On the market of real goods, it detects conditions for maximizing profit. On Forex, it defines loss-free trading conditions. The theory has been confirmed in action. According to this theory, there are four price levels on
300 USD
Quantum Currency Strength Indicator for MT5
Quantum Currency Strength Indicator for MT5
QUANTUM TRADING SOFTWARE LIMITED
If there is only one MT5 indicator you ever buy for trading forex – this has to be it. Your success as a forex trader depends on being able to identify when a currency or currency pair is oversold or overbought. If it is strong or weak. It is this concept which lies at the heart of forex trading. Without the Quantum Currency Strength indicator, it is almost impossible. There are simply too many currencies and too many pairs to do this quickly and easily yourself. You need help! The Quantum C
279 USD
No Demand No Supply MT5
No Demand No Supply MT5
Panagiotis Diamantopoulos
No Demand No Supply   This indicator identifies   No Demand –No Supply candles  to your chart and plots volume bars colored according to the signal. It can be applied to all timeframes or to a specific one only. It can also be used as regular volume indicator  with exceptional future of WEIGHTED VOLUME. Furthermore is has an alert notification, sound and email when a signals occurs. The VSA (Volume Spread Analysis) definition for No Demand and No supply is as follows: No Demand (no buyers-potent
80 USD
Blahtech Supply Demand MT5
Blahtech Supply Demand MT5
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
124 USD
Quantum Live Camarilla Levels Indicator for MT5
Quantum Live Camarilla Levels Indicator for MT5
QUANTUM TRADING SOFTWARE LIMITED
The words powerful, unique and game changing are ones that are often over used when applied to trading indicators, but for the MT5 Quantum Camarilla levels indicator, they truly describe this new and exciting indicator completely. Why? Because the indicator has something to offer every trader, from the systematic to the discretionary and from swing trading to breakout trading. And it’s not an indicator which is simply used for entries. The Camarilla indicator delivers in all areas, from gettin
97 USD
Quantum Dynamic Volatility Indicator for MT5
Quantum Dynamic Volatility Indicator for MT5
QUANTUM TRADING SOFTWARE LIMITED
Have you ever wondered why so many Forex traders get trapped in weak positions on the wrong side of the market? One of the easiest ways the market makers do this, is by using volatility. A currency pair moves suddenly, often on a news release or economic data. Traders jump in, expecting some quick and easy profits, but the move suddenly moves in the opposite direction. This happens in all timeframes, and in all currency pairs. The candle or bar closes, with a wide spread, but then reverses sharp
57 USD
PipTick VWAP MT5
PipTick VWAP MT5
Michal Jurnik
PipTick VWAP is our version of Volume-Weighted Average Price indicator. VWAP is the ratio between the value traded (price multiplied by number of volume traded) and total volume traded over a specific time period. It measures the average price of the instrument much better than the simple moving average. Although there are many ways how to use the VWAP, most investors use it to calculate the daily average. The indicator works in five modes: Moving - In this mode the PipTick WVAP works as Moving
67 USD
PipTick Pairs Spread MT5
PipTick Pairs Spread MT5
Michal Jurnik
PipTick Pairs Spread indicator has been developed for the very popular strategy known as pairs trading, spread trading or statistical arbitrage. This indicator measures the distance (spread) between prices of two directly (positively) correlated instruments and shows the result as a curve with standard deviations. So, any trader can easily identify when the instruments are too far apart and use this information for trade opportunity. How to Use? The best results are obtained when the trade is
67 USD
Lighthouse MT5
Lighthouse MT5
Daniel Stein
You want to become a constantly profitable 5-star forex trader? 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly broken, it changes its r
75 USD
TrendLine PRO MT5
TrendLine PRO MT5
Evgenii Aksenov
In the market, the price always goes up or down. For successful trading, a trader needs to set three main parameters: the entry point, the level of profit taking and the level of protection against losses (if the price goes against you). For this purpose, we have created a unique Trend Line PRO indicator An example of real trading using the indicator signals can be seen:   here The indicator always gives accurate buy and sell signals and never copies its signals! Trend Line PRO perfectly suits
99 USD
Trend Expert
Trend Expert
Alexander Sovpel
TrendExpert indicator - predicts a rise or fall in prices and generates accurate BUY and SELL trade signals. Download  TrendExpert now to see it's profitable signals on real charts! Real trading has shown a share of profitable trades of 85% and higher , depending on the trading instrument. This indicator was developed by a team of professional traders. The algorithm is based on the Dow Jones theory , which analyzes prices in financial markets and has proven its profitability. The Tren
1 049 USD
Range Strategy MT5
Range Strategy MT5
Ewa Filocha
The indicator works on all currency pairs. Timeframe - H1. The TimeShift parameter allows the period of BUY Level/ SELL Level to shift to the left. Information on the Chart BUY Level/ SELL Level - input to Buy/input to Sell. PROFIT 1 - basic earnings. PROFIT 2 - average profit. SUPPORT - STOP TRADE. RESISTANCE - STOP TRADE. STOPLOSS - setting stop loss. Input Parameters ModeType - MODE_C , MODE_F. TimeShift - 1. box colored - true/false. box color - your color. Stop Loss boxcolor - your colo
50 USD
FX Volume MT5
FX Volume MT5
Daniel Stein
Following the smart money is finally possible! FX Volume   is the FIRST and ONLY volume indicator   that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solution for your trading. Get more information, like FAQs, tradin
75 USD
All Harmonics 26
All Harmonics 26
Alexey Isavnin
Harmonic patterns are characteristic series of price movements with respect to Fibonacci levels, which statistically precede price reversals. This indicator searches for harmonic patterns. It is capable of recognising 26 classical and non-classical harmonic patterns : Classical Gartley Butterfly Alternate Butterfly Bat Alternate Bat Crab Deep Crab Three Drives Non-classical Shark Alternate Shark Cypher 5-0 Anti Gartley Anti Butterfly Anti Alternate Butterfly Anti Bat Anti Alternate Bat Anti Crab
90 USD
Blahtech Market Profile MT5
Blahtech Market Profile MT5
Blahtech Limited
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
124 USD
Citra Bot MT5
Citra Bot MT5
Philip Pankaj
Inspired from, Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. - William Delbert Gann CITRA BOT is a Price Action/Price Pattern detection Indicator which uses historical data to validate a current pattern or profile to predict the probability of hitting future resistance or support lev
89 USD
Aggression On Bars
Aggression On Bars
Flavio Jarabeck
Imagine a Buy and Sell Pressure monitor on your chart that shows in REAL-TIME this data, bar by bar? Well, imagine no more. We present you an exclusive creation of Minions Labs : Aggression On Bars indicator. On every new bar on you chart this indicator will start counting in real-time the BUY/SELL pressure and present this data statistics directly inside your chart. As soon as a new bar is created in your chart, the counter restarts. Simple and effective. Just watch the video to see it running
60 USD
TPA Sessions MT5
TPA Sessions MT5
InvestSoft
"TPA Sessions"  indicator is a very important tool to complement  "TPA True Price Action"  indicator . Did you ever wonder, why many times the price on your chart suddently turns on a position you can't explain?  A position, where apparently no support or resistance level, or a pivot point, or a fibonacci level is to identify? Attention!!!   The   first run   of the TPA Session indicator   must be in the open market   for the lines to be drawn correctly. Please visit our blog to study actual
50 USD
Volume Spread Pattern Indicator MT5
Volume Spread Pattern Indicator MT5
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
80 USD
FX Trend MT5
FX Trend MT5
Daniel Stein
FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powerful they are. All this makes it an easy-to-use trend trading system for beginners, advanced and professional traders. Get more information, like FAQs, tips and tutorial videos in our  public FX Trend info channel ️️️️️ You want to become a constantly profitable 5-star
75 USD
AguiaTraders F12 PRO
AguiaTraders F12 PRO
Renato Fiche Junior
This tool was developed to help traders on candle by candle and replay training. In the indicator settings, the user can set the training start datetime. The indicator will autommatically hide all candles after this datetime. So the user can make studies before starting the training. Starting the training, the user can simulate your trades quickly and easily! This is a product developed by Renato Fiche Junior and available to all MetaTrader 5 users! Partners: "Águia Traders"  team ( Eagle Tr
70 USD
VIX 75 Step Index
VIX 75 Step Index
Namu Makwembo
Upgraded - Stars added to indentify Areas you can scale in to compound on your entry  when buying or selling version 2.4 Upgraded Notifications and alerts added version 2.3 *The indicator is suitable for all pairs fromm  Deriv pairs (Vix,jump,boom & crash indices) , Currencies, cryptos , stocks(USA100, USA30 ), and metals like gold etc. How does it work? The Accuracy and efficiency of the indicators depends on your preferred style of trading  Increasing the period make it more stable hence w
60 USD
Color Candles Identify the Major Trend
Color Candles Identify the Major Trend
Ziheng Zhuang
The indicator includes two parts. Part I: Color Candles Show the Major Trend Color candles is to identify the market state by color candlesticks. As shown in the screenshots, if the color is Aqua, the market is in a state when you should place long orders or exit short orders. If the color is Tomato, it is the time to place short orders or exit long orders. If the color is changing, it is better to wait for its completion (until the current bar is closed). Part II: Draw bands The inner bands is
50 USD
Pinbar Scanner For Multi Pair And Multi Time Frame
Pinbar Scanner For Multi Pair And Multi Time Frame
ScorpionFX
(FOR MT5)  Pinbar Scanner For Multi Pair and Multi Time Frame :   This indicator has been designed to automatically identify high probability pinbar formations. It includes an RSI trend-filter for finding the best oppportunities and it will send you an alert when these setups are found. IMPORTANT FACTORS TO KEEP IN MIND: A strong pinbar is clear evidence that the institutions are rejecting a particular price level.  These price levels are excellent areas to determine potential entries and exi
79 USD
Divergence Scanner Macd Rsi 30 Pairs 8 Tf MT5
Divergence Scanner Macd Rsi 30 Pairs 8 Tf MT5
FXsolutions
This indicator is designed to detect the best divergences between price/MACD and price/RSI. MACD and RSI produce by far the best divergence signals therefore this indicator focus on those two divergences. This indicator scans for you up to 15 instruments and up to 21 timeframes for bullish and bearish divergences. You need to add the indicator only to one single chart ! The indicator will then automatically scan all configured instruments and timeframes. Important Information The indicator c
79 USD
More from author
MarketMeter
MarketMeter
Stanislav Korotky
This is an easy to use indicator based on multitimeframe cluster analysis of specified currencies. It provides simple yet powerful signals for trading and gives numerical measures of signal strength in percentage value. After placing the indicator on a chart, it displays a table with the following structure: all symbols with currently available opportunities to trade are listed in rows, and trading strategies are listed in columns as short-term (hours), mid-term (days), and long-term (weeks) tra
149 USD
RenkoCharts
RenkoCharts
Stanislav Korotky
This non-trading expert utilizes so called custom symbols feature ( available in MQL as well ) to build renko charts based on historical quotes of selected standard symbol and to refresh renko in real-time according to new ticks. Also, it translates real ticks to the renko charts, which allows other EAs and indicators to trade and analyze renko. Place RenkoCharts on a chart of a work instrument. The lesser timeframe of the source chart is, the more precise resulting renko chart is, but the lesse
49 USD
CCFpExt
CCFpExt
Stanislav Korotky
CCFpExt is an extended version of the classic cluster indicator - CCFp. Main Features Arbitrary groups of tickers or currencies are supported: can be Forex, CFDs, futures, spot, indices; Time alignment of bars for different symbols with proper handling of possibly missing bars, including cases when tickers have different trading schedule; Using up to 30 instruments for market calculation (only first 8 are displayed). Parameters Instruments - comma separated list of instruments with a common cu
49 USD
OrderBook Cumulative Indicator
OrderBook Cumulative Indicator
Stanislav Korotky
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. The indicator OrderBook Cumulative Indicator accumulates market book data online and visualizes them on the chart. In addition, the indicator can show the market
49 USD
AutomaticZigZag
AutomaticZigZag
Stanislav Korotky
This is a non-parametric ZigZag providing 4 different methods of calculation. Upward edge continues on new bars while their `highs` are above highest `low` among previous bars, downward edge continues on next bars while their `lows` are below lowest `high` among previous; Gann swing: upward edge continues while `highs` and `lows` are higher than on the left adjacent bar, downward edge continues while `highs` and `lows` are lower than on the left adjacent bar. Inside bars (with lower `high` and
FREE
CustomVolumeDelta
CustomVolumeDelta
Stanislav Korotky
This indicator displays volume delta (of either tick volume or real volume) encoded in a custom symbol, generated by special expert advisers, such as RenkoFromRealTicks . MetaTrader does not allow negative values in the volumes, this is why we need to encode deltas in a special way, and then use CustomVolumeDelta indicator to decode and display the deltas. This indicator is applicable only for custom instruments generated in appropriate way (with signed volumes encoded). It makes no sense to ap
FREE
RenkoChartsDemo
RenkoChartsDemo
Stanislav Korotky
This is a demo version of a non-trading expert , which utilizes so called the custom symbols feature ( available in MQL as well ) to build renko charts based on historical quotes of selected standard symbol and to refresh renko in real-time according to new ticks. Also it translates real ticks to the renko charts, which allows other EAs and indicators to trade and analyze renko. Place the EA on a chart of a working instrument. The lesser timeframe of the source chart is, the more precise resulti
FREE
WalkForwardDemo MT5
WalkForwardDemo MT5
Stanislav Korotky
WalkForwardDemo is an expert adviser (EA) demonstrating how the built-in library WalkForwardOptimizer (WFO) for walk-forward optimization works. It allows you to easily optimize, view and analyze your EA performance and robustness in unknown trading conditions of future. You may find more details about walk-forward optimization in Wikipedia . Once you have performed optimization using WFO, the library generates special global variables (saved in an "archived" file with GVF-extension) and a CSV-f
FREE
HZZM
HZZM
Stanislav Korotky
This is an adaptive ZigZag based on modification of  HZZ indicator (original source code is available in this article ). Most important changes in this version: two additional indicator buffers added for zigzag evolution monitoring - they show cross signs at points where zigzag direction first changes; zigzag range (H) autodetection on day by day basis; time-dependent adjustment of zigzag range. Parameters: H - zigzag range in points; this parameter is similar to original HZZ, but it can take 0
FREE
RenkoFromRealTicks DEMO
RenkoFromRealTicks DEMO
Stanislav Korotky
This non-trading expert utilizes so called   custom symbols   feature to build renko charts based on history of real ticks of selected standard symbol. RenkoFromRealTicks generates custom symbol quotes, thus you may open many charts to apply different EAs and indicators to the renko. It also transmits real ticks to update renko charts in real time. This is a functionally limited demo version of  RenkoFromRealTicks . RenkoFromRealTicks utility can not work in the tester because it uses CustomSym
FREE
OrderBook History Playback
OrderBook History Playback
Stanislav Korotky
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. This expert adviser OrderBook History Playback allows you to playback the market book events on the history using files, created by OrderBook Recorder . The exper
FREE
OrderBook Utilities
OrderBook Utilities
Stanislav Korotky
OrderBook Utilities is a script, which performs several service operations on order book hob-files, created by OrderBook Recorder . The script processes a file for work symbol of the current chart. The file date is selected by means of the input parameter CustomDate (if it's filled in) or by the point where the script is dropped on the chart. Depending from the operation, useful information is written into the log, and optionally new file is created. The operation is selected by the input parame
FREE
CCFpExtraDemo
CCFpExtraDemo
Stanislav Korotky
CCFpExtra is an extended version of the classic cluster indicator CCFp for multicurrency market analysis. The main features are: Arbitrary groups of tickers or currencies are supported: Forex, CFDs, futures, spot, indices; Time alignment of bars for different symbols with proper handling of possibly missing bars, including cases when tickers have different trading schedule; Using up to 30 instruments for market calculation (only the first 8 ones are displayed). This is a demo-version. Limitation
FREE
WalkForwardBuilder MT5
WalkForwardBuilder MT5
Stanislav Korotky
This script allows performing a walk-forward analysis of trading experts based on the data collected by the WalkForwardLight MT5 library. The script builds a cluster walk forward report and rolling walk forward reports that refine it, in the form of a single HTML page. This script is optional, as the library automatically generates the report immediate after the optimization in the tester is complete. However, the script is convenient because it allows using the same collected data to rebuild th
FREE
OrderBook Recorder
OrderBook Recorder
Stanislav Korotky
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker in real time. The expert OrderBook Recorder records market book changes and stores them in local files for further usage in indicators and expert adviser, including testing in the tester. The expert stores market book
FREE
PriceProbabilityDemo
PriceProbabilityDemo
Stanislav Korotky
This is a demo version of PriceProbability indicator. It works on EURCHF only. This is an easy to use signal indicator which shows and alerts probability measures for buys and sells in near future. It is based on statistical data gathered on existing history and takes into account all observed price changes versus corresponding bar intervals in the past. The statistical calculations use the same matrix as another related indicator - PointsVsBars. Once the indicator is placed on a chart, it shows
FREE
Mirror
Mirror
Stanislav Korotky
This indicator predicts rate changes based on the chart display principle. It uses the idea that the price fluctuations consist of "action" and "reaction" phases, and the "reaction" is comparable and similar to the "action", so mirroring can be used to predict it. The indicator has three parameters: predict - the number of bars for prediction (24 by default); depth - the number of past bars that will be used as mirror points; for all depth mirroring points an MA is calculated and drawn on the ch
12.50 USD
ExtraMajorLevelExtremums
ExtraMajorLevelExtremums
Stanislav Korotky
If you like trading crosses (such as AUDJPY, CADJPY, EURCHF, and similar), you should take into account what happens with major currencies (especially, USD and EUR) against the work pair: for example, while trading AUDJPY, important levels from AUDUSD and USDJPY may have an implicit effect. This indicator allows you to view hidden levels, calculated from the major rates. It finds nearest extremums in major quotes for specified history depth, which most likely form resistence or support levels, a
10 USD
EvoLevels
EvoLevels
Stanislav Korotky
The indicator displays most prominent price levels and their changes in history. It dynamically detects regions where price movements form attractors and shows up to 8 of them. The attractors can serve as resistance or support levels and outer bounds for rates. Parameters: WindowSize - number of bars in the sliding window which is used for detection of attractors; default is 100; MaxBar - number of bars to process (for performance optimization); default is 1000; when the indicator is called from
20 USD
ExtraMovingPivots
ExtraMovingPivots
Stanislav Korotky
This is an intraday indicator that uses conventional formulae for daily and weekly levels of pivot, resistance and support, but updates them dynamically bar by bar. It answers the question how pivot levels would behave if every bar were considered as the last bar of a day. At every point in time, it takes N latest bars into consideration, where N is either the number of bars in a day (round the clock, i.e. in 24h) or the number of bars in a week - for daily and weekly levels correspondingly. So,
10 USD
ResistanceAndSupportDensityFunction
ResistanceAndSupportDensityFunction
Stanislav Korotky
Most of traders use resistance and support levels for trading, and many people draw these levels as lines that go through extremums on a chart. When someone does this manually, he normally does this his own way, and every trader finds different lines as important. How can one be sure that his vision is correct? This indicator helps to solve this problem. It builds a complete set of virtual lines of resistance and support around current price and calculates density function for spatial distributi
15 USD
ExtraMajorMultiChannels
ExtraMajorMultiChannels
Stanislav Korotky
The indicator draws a histogram of important levels for several major currencies attached to the current cross rates. It is intended for using on charts of crosses. It displays a histogram calculated from levels of nearest extremums of related major currencies. For example, hidden levels for AUDJPY can be detected by analyzing extremums of AUD and JPY rates against USD, EUR, GBP, and CHF. All instruments built from these currencies must be available on the client. This is an extended version of
12.50 USD
StatBars
StatBars
Stanislav Korotky
The indicator provides a statistic histogram of estimated price movements for intraday bars. It builds a histogram of average price movements for every intraday bar in history, separately for each day of week. Bars with movements above standard deviation or with higher percentage of buys than sells, or vice versa, can be used as direct trading signals. The indicator looks up current symbol history and sums up returns on every single intraday bar on a specific day of week. For example, if current
15 USD
PointsVsBars
PointsVsBars
Stanislav Korotky
This indicator provides a statistical analysis of price changes (in points) versus time delta (in bars). It calculates a matrix of full statistics about price changes during different time periods, and displays either distribution of returns in points for requested bar delta, or distribution of time deltas in bars for requested return. Please, note, that the indicator values are always a number of times corresponding price change vs bar delta occurred in history. Parameters: HistoryDepth - numbe
10 USD
PriceProbability
PriceProbability
Stanislav Korotky
This is an easy to use signal indicator which shows and alerts probability measures for buys and sells in near future. It is based on statistical data gathered on existing history and takes into account all observed price changes versus corresponding bar intervals in the past. The statistical calculations use the same matrix as another related indicator - PointsVsBars. Once the indicator is placed on a chart, it shows 2 labels with current estimation of signal probability and alerts when signal
75 USD
CCFpExtra
CCFpExtra
Stanislav Korotky
CCFpExtra is an extended version of the classic cluster indicator - CCFp. This is the MT4 version of indicator  CCFpExt available for MT5. Despite the fact that MT5 version was published first, it is MT4 version which was initially developed and tested, long before MT4 market was launched. Main Features Arbitrary groups of tickers or currencies are supported: can be Forex, CFDs, futures, spot, indices; Time alignment of bars for different symbols with proper handling of possibly missing bars, in
49 USD
Year2Year
Year2Year
Stanislav Korotky
This indicator shows price changes for the same days in past years. D1 timeframe is required. This is a predictor indicator that finds D1 bars for the same days in past 8 years and shows their relative price changes on the current chart. Parameters: LookForward - number of days (bars) to show "future" price changes; default is 5; Offset - number of days (bars) to shift back in history; default is 0; ShowAverage - mode switch; true - show mean value for all 8 years and deviation bounds; false - s
12.50 USD
PriceProbabilities
PriceProbabilities
Stanislav Korotky
This is a signal indicator for automatic trading which shows probability measures for buys and sells for each bar. It is based on statistical data gathered on existing history and takes into account all observed price changes versus corresponding bar intervals in the past. The core of the indicator is the same as in PriceProbablility indicator intended for manual trading. Unlike PriceProbability this indicator should be called from MQL4 Expert Advisors or used for history visual analysis. The in
75 USD
FreqoMeterForecast
FreqoMeterForecast
Stanislav Korotky
The main idea of this indicator is rates analysis and prediction by Fourier transform. Indicator decomposes exchange rates into main harmonics and calculates their product in future. You may use the indicator as a standalone product, but for better prediction accuracy there is another related indicator - FreqoMaster - which uses FreqoMeterForecast as a backend engine and combines several instances of FreqoMeterForecast for different frequency bands. Parameters: iPeriod - number of bars in the ma
12.50 USD
FreqoMaster
FreqoMaster
Stanislav Korotky
The main idea of this indicator is rates analysis and prediction by Fourier transform. The indicator decomposes exchange rates into main harmonics and calculates their product in future. The indicator shows 2 price marks in history, depicting price range in the past, and 2 price marks in future with price movement forecast. Buy or sell decision and take profit size are displayed in a text label in the indicator window. The indicator uses another indicator as an engine for calculations - FreqoMet
75 USD
Filter:
Andre Gomes
1670
Andre Gomes 2021.04.30 00:46 
 

Excellent

SEREJA-1VIDEO
106
SEREJA-1VIDEO 2021.02.05 20:31 
 

очень хорошо

Reply to review
Version 1.13 2021.02.20
New parameter UsePriceChangeInDelta is added. It enables a special mode of volume delta calculation, when the price distance between consecutive ticks is taken into account for the volume estimation. It should be applied only for non-exchange instruments, where upward and downward price changes are translated by your broker with a bias (a skew to one side). For example, some cryptocurrencies or indices may have this issue. This is a specificity of the tick flow from some brokers or liquidity providers.
Version 1.12 2021.02.04
New option of volume delta calculation based on changes of the original symbol chart building price (bid or last) is added.
New option of volume delta calculation based on tick flags (buy/sell), applicable for exchanges only.
Version 1.11 2020.10.18
New parameter DecimalPlaces is added to customize precision (decimal places after the point) of values in the marks and buffers. Default is 0.
Version 1.10 2020.09.25
- Embedded indicator AutomaticZigZag is updated to version 1.7;
- Parameter RetracementPercent can now be used for adjustement of Gann Swing waves - the integer number specified there is treated as a number of additional confirmation bars, required for change of wave direction; 0 means previous algorithm of Gann Swing, 1 means that 1 additional bar with higher high or lower low will trigger the change to upward or downward direction, correspondingly, 2 means 2 bars that conform to the same condition, etc.
Version 1.9 2020.09.23
Tick history is now checked more thoroughly to eliminate gaps (in some cases MT5 may not return ticks for existing bars).
Version 1.8 2020.09.18
Bugfixes:
- Incorrect running total calculation for absolute waves fixed for online mode;
- Possible situation with temporary unavailable history ticks on terminal startup is now handled better.
Version 1.7 2020.09.15
New option to choose specific metric to show in the marks on chart is implemented with PrimaryContentInMarks parameter. Can be total volume in waves, average volume in waves, or efficiency (also known as speed index). All metrics are shown in a tooltip popped up if mouse cursor hovers over mark.
Version 1.6 2020.09.10
- Embedded zigzag indicator is updated.
- New parameter FoldedHistogram is added.
Version 1.5 2020.09.07
Minor bugfixes.
Version 1.4 2020.09.07
Parameter RetracementPercent is in effect now for Close vs Close (Weis wave) mode.
Version 1.2 2020.09.06
New mode of wave calculation is added, based on retracement size, specified in percent or by auto-adaptive self-adjusting algorithm.
Version 1.1 2020.09.04
New parameters:
- CumulativeVolumeDivisor - an optional factor to scale down cumulative volume values if they become too large; 0 by default - show as is;
- ShowAverageVolumeInMarks - a flag to display average cumulative volume of waves instead of total; false by default;

Inconsistent cumulative volume marks, where resulting volume sign contradicts to wave direction (for example, negative sum on upward wave, or positive sum on downward wave), are now highlighted in contrasting color (magenta).