• Overview
  • Reviews
  • Comments
  • What's new

Divergences of Indicators

Check out other great products from https://www.mql5.com/en/users/augustinekamatu/seller 

This indicator finds the entry points based on divergences of common indicators and does not repaint.

The principles used ensure that it can be used on CFDs, Commodities and Stock with incredibly great results.

With proper money management and portfolio balancing the Indicator can be applied to any trading strategy to generate consistent profits.

A Winning Trading Strategy

This article describes the components and logic needed to develop a trading strategy that ensures that a profit is made regardless of what twists and turns the market throws at you.

Introduction

Time, experience and thousands of experiments have led me to conclude that the strength of a strategy is not in the accuracy of the indicator signals but in the management of open positions. In this article, I will describe the components and logic needed to develop a trading strategy that ensures that a profit is made regardless of what twists and turns the market throws at you.

Objective

First, we define the overall objective of our trading strategy. My objective is to achieve 0.5% per day for 20 trading days in a month for 12 months which translates to return of between 120% (if you use simple interest formula 0.5%x20x120) and 231% (if you use compound interest formula (1+0.5%)^(20*12)-1). This return by any standard is sufficient to provide steady income. The simple interest return is achieved by using a level lot size for all trades. Compound interest is achieved by increasing the lot size in proportion to the profits made so far.

Portfolio Diversification

There are two ways that we can achieve diversification, using different assets (currencies) and using different timeframes.

Asset diversification: For the success of the strategy, we need to create a very well diversified portfolio. This means we have to open a position in many different pairs. This way, if we get a false signal in 1 or 2 positions, the profits from the other positions will help to achieve the overall objective.

Time frame diversification: The indicator in use could show different signals depending on the time frame. It does not necessarily mean that one is wrong it may be that there is a retracement. Therefore diversifying on different time frames gives you an edge by earning short-term profits as we wait for price to follow the longer-term signal. This will bring us closer to achieve our objective.

Note that if the signal changes direction, the position will close so long as it is profit. If it is not in profit, the position will go under Position Management described below.

Position Management

In most cases the account will have achieved the target return but there are still open positions that are running at a loss and need to be managed without losing the profit already made. There are two tactics used to exit from these positions.

Tactic 1: We wait for another signal that supports the current position that has gone wrong. Then we open another position at a better price with a higher lot and put a take-profit at a price close to the average open price. We will repeat this process if we get more signals at better prices. This way the exit point moves closer to the current price and we will eventually exit with a small profit.

Tactic 2: Since we have already achieved our target for the day, we can redirect any additional profit to neutralize open positions with high running losses. We achieve this by finding the pair with the highest loss, then locate the oldest position in that pair and close it in full or in part in proportion to the extra profit earned.

Conclusion

With the application of this and many other algorithms my EA's can take any indicator and generate consistent profits while managing risks properly so that you don't wipe out your account. You can check out results of the strategy in my signals page https://www.mql5.com/en/signals/author/augustinekamatu

 


Recommended products
AMD Exclusive Two Separate Window Free
Szymon Palczynski
With this AMD Exclusive Two Separate Window Free indicator, you will be able to spot, predict, trade and profit from strong trends of markets This is not a simple indicator, it is a ready to use trade system. AMD Exclusive Two Separate Window Free works only on USDCAD currency pair. The full version of the product has no limitations. Full version: https://www.mql5.com/en/market/product/33589 What we have? Automatic optimization Overbalance (manual, semi-automatic and automatic) Fibonacci P
FREE
Free Lotus
Christophe Godart
  Optimal for Binary Options and Forex. For beginners and intermediates. Lotus is 100% non repaint. The strategy is based on 4 ADX parameters, including pivot points and candle patterns.  It is recommendable to combine the arrow with an moving average, Elliot waves indicator or Parabolic SAR. The main goal was to  keep it as simple as possible ! No useless oscillators. Add your favorite trend indicator and combine it with the arrow. Important period  - the number of bars you can backtest the s
FREE
Extremum Reverse Bar
Yurij Izyumov
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
FREE
Traditional MACD MT4
Daniel Lewis
MACD indicator in MetaTrader 4/5 looks different than MACD does in most other charting software. That is because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA, while according to MACD definition it is supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal lines). This
FREE
BEST Intraday free
Oleg Borisov
BEST Intraday   Effective indicator for intraday trading. It is based on original author's algorithms and uses Laguerre transformations and modified CCI. Advantages of the indicator BEST it is   clearly displays the market movement   and generates signals for entry   and   exit of trade transactions the profitability of the indicator is shown in the screenshots just configured does not redraw and works on opening bars. Timeframes- M5-M15. BEST_Free is the demo version, it works only on GBPJPY. V
FREE
MACDivergence MTF demo
Pavel Zamoshnikov
Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (three methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and v
FREE
Trend Monitor demo
Pavel Zamoshnikov
The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator ge
FREE
Free automatic fibonacci
Tonny Obare
Free automatic fibonacci is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
FREE
Adjustable Fractal MT4
Dmitry Timin
Adjustable Fractal MT4 is a modification of Bill Williams' Fractals indicator. The fractal consists of a two sets of arrows - up (upper fractals) and down (lower fractals). Each fractal satisfies the following conditions: Upper fractal - maximum (high) of a signal bar exceeds or is equal to maximums of all bars from the range to the left and to the right; Lower fractal - minimum (low) of a signal bar is less or equal to minimums of all bars from the range to the left and to the right. Unlike a s
FREE
Wise Men Indicator demo
Bohdan Kasyanenko
The indicator displays signals according to the strategy of Bill Williams on the chart. Demo version of the indicator has the same features as the paid, except that it can work only on a demo account . Signal "First Wise Man" is formed when there is a divergent bar with angulation.  Bullish divergent bar - with lower minimum and closing price in the upper half. Bearish divergent bar - higher maximum and the closing price at the bottom half. Angulation is formed when all three lines of Alligat
FREE
HMA Trend
Pavel Zamoshnikov
A trend indicator based on the Hull Moving Average (HMA) with two periods. The Hull Moving Average is an improved variant of the moving average, which shows the moment of trend reversal quite accurately. It is often used as a signal filter. Combination of two types of Hull Moving Averages makes a better use of these advantages: HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. Features The movement
FREE
HMA Dynamic Color
Wojciech Kuczer
HMA – Hull Moving Average is an indicator created by Allan Hull . HMA calculates the average price and draws results as a line on a chart. The biggest advantage of HMA is minimal lag comparing to SMA ( Smooth Moving Average ) or WMA ( Weighted Moving Average ) Moving averages are always popular among traders. Investors trust them because they can be very accurate trend indicators. HMA strategy do’s and don’ts. HMA used properly can be very helpful as a part of the trading strategy. I’m goi
FREE
Reversal Hunter
Roman Pritulyak
Reversal Hunter is a new leading oscillator. It monitors small changes in volume and price volatility using second derivative, thus providing an accurate prediction of trend reversals. Though Reversal Hunter shows its best results with reliable volume data, special option of "synthetic" volume (which uses OHLC data only) is implemented to optimize performance in case of poor or missing volume data. The oscillator is drawn as two-color line for easy detection of trend changes. Description of inpu
FREE
TiModel Trend
Egor Manakhov
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
FREE
SFT Trend Chart
Artem Kuzmin
Opening positions in the direction of the trend is one of the most common trading tactics. This indicator determines the direction of the local movement and colors the candles on the chart in the appropriate color. Allows you to enter the transaction at the very beginning of the movement Thanks to the flexible settings you can use on any currency pairs, metals and cryptocurrency Can be used when working with binary options Distinctive features Does not redraw. Additional parameters for
FREE
Net Change FREE
Chantal Sala
This is the FREE version of Net Change Indicator. The indicator Net Change is a very useful tool able to extrapolate a percentage in order to have a real reference on the performance of the instrument. This indicator is designed to show the main values: you could monitor the Daily, Weekly, Monthly, Quarterly, Semi-annual and Annual percentages. A necessary tool for those who want to really explore the quantitative logic of the market. Input parameters: ONLY AUDUSD symbol Visible_D1 (ON/OFF Dai
FREE
Lucky Star RSI and MACD Free
Yurij Batura
Demo version Lucky Star RSI and MACD ,created for signal providers, as well as for participation in various forex contests  can independently open an unlimited number of orders on the indicators RSI(Relative Strength Index) and MACD(Moving Average Convergence/Divergence)  Expert signals are here.  See also other advisors of the author . A series of experts:Lucky Star RSI and MACD,  Lucky Star RSI ,  Lucky Star WPR  ,  Lucky Star MA ,  Lucky Star SO ,  Lucky Star MACD ,  Lucky Star MA and SO ,  L
FREE
Rainbow MT4
Jamal El Alama
Rainbow MT4 is a very simple indicator based on Moving average with period 34 and can be very useful. When price crosses above MA and MA changes color to green, it’s a signal to buy. When price crosses below MA and MA changes color to red, it’s a signal to sell. An Expert advisor ( Rainbow EA MT4) based on Rainbow MT4 indicator, as you can see in the short video below is now available on my product page .
FREE
Follow The Line
Oliver Gideon Amofa Appiah
FOLLOW THE LINE GET THE FULL VERSION HERE: https://www.mql5.com/en/market/product/36024 This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL.  It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for mo
FREE
New Bar Alarm Free
Tomoyuki Nakazima
This indicator alerts you when/before new 1 or 5 minute bar candle formed. In other words,this indicator alerts you every 1/5 minutes. This indicator is especially useful for traders who trade when new bars formed. *This indicator don't work propery in strategy tester.Use this in live trading to check functionality. There is more powerful Pro version .In Pro version,you can choose more timeframe and so on. Input Parameters Alert_Or_Sound =Sound ----- Choose alert or sound or both to not
FREE
Simply The Best Pro Free
Szymon Palczynski
This indicator displays the histogram and arrows on chart. When Simple The Best Pro Free are placed on a chart, they identify the trend.  The color of may be blue or red. The blue color stands for upside moves and the red color stands for downside trends. The indicator offers to set Stop Loss (SL) and  Take Profit (TP)  setting. The default value is ATR. Indicator has automatic optimization. The STB is a unique indicator that shows the tendency (button Bars) of a particular signals. The STB te
FREE
Show Pips
Roman Podpora
This information indicator allows you to always be aware of the current account status. The indicator shows various data, including profit in points, percentage and currency, as well as a current symbol spread and time before a bar is closed on the current timeframe. You can select one of the different info line location types: To the right of the price (always following it); As a comment (in the upper left corner of the chart); In a selected screen corner. You can also select a data separator:
FREE
Universal Heiken Ashi Pro
Nikolay Churbanov
Universal Heiken Ashi Pro calculates Heiken Ashi candles with different smoothing methods. The indicator displays two series of Heiken Ashi candles with different parameters. The indicator generates signals along the trend in the direction of slow Heiken Ashi after correction of the fast Heiken Ashi. Then indicator shows statistics and trades for a certain period. Information dashboard The dashboard displays the following fields: Trades - trades count for a certain period; Win(%) - percent of
FREE
Harmonic Shark
Sergey Deev
The indicator detects and displays Shark harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is comple
30 USD
Project Future FREE
Evgeny Belyaev
Project Future FREE is a professional arrow indicator with notification functions (alert, email, mobile). Project Future FREE is a demo version, which works only on the USDCAD currency pair. Unlimited version can be purchased here: https://www.mql5.com/en/market/product/25072 . Advantages of the indicator Suitable for scalping and intraday trading. Simple and easy indicator configuration. Works on all timeframes. Does not redraw. It can be used as a stand-alone tool or in conjunction with othe
FREE
SFT Trading Oscillator
Artem Kuzmin
The indicator helps to identify possible rollbacks and reversals. Shows the direction of the price movement and is painted in the appropriate color. Allows you to conduct trend and counter trend trading It works on all timeframes, on any currency pairs, metals and cryptocurrency Can be used when working with binary options Distinctive features Does not redraw; Simple and clear settings; It works on all timeframes and on all symbols; Suitable for trading currencies, metals, options and cryptocurr
FREE
MTF Alligator
Alexander Pekhterev
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
FREE
Hourly Fibo
Khurram Mustafa
This is a product for Fibonacci fans. Fibonacci is a tool mostly used to define support/resistance levels and decide on market entries and exits. The responsibility of this indicator is to manage Fibonacci Retracement of the last week. Product is especially developed for H1 and D1 chart. This indicator maintains Fibonacci retracement of last week High to Low where trader will find exact support/resistance levels. In this indicator, some extra levels are added. If you found any discrepancy, ple
FREE
BreakEven Line
Chantal Sala
BreakEven Line is a very useful and easy to use indicator. In case of multiple positions opened on the same instrument, the indicator shows the breakeven point. Its graphic simplicity makes it an unobtrusive and customizable tool. You can enable/disable a line on a chart, so you can make the indicator invisible. FREE Version : Break Even Line calculates ALL operations on same symbol For FULL version click here:  https://www.mql5.com/en/market/product/50627 Inputs View Breakeven line (line on/off
FREE
Volume Spread Analysis Indicator demo
Tadeusz Kiesner
Volume Spread Analysis Indicator based on the methodology VSA developed originally by Richard Wyckoff and then computerized and further developed by Tom Williams. The Indicator work best on low TF. Demo works on M1, M5 and M15 TF.
FREE
Buyers of this product also purchase
Order Block Breaker Indicator
LEE SAMSON
Optional FREE dashboard to monitor ALL pairs and timeframes here:  https://www.mql5.com/en/market/product/54657 MT5 Version Available Here: https://www.mql5.com/en/market/product/57892 Telegram:  https://t.me/breakertrader_chat Become a Breaker Trader and profit from market structure changes as price reverses. The order block breaker indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure which typically oc
49 USD
Gold Stuff
Vasiliy Strukov
Gold Stuff is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw and does not lag. Recommended time frame H1. At it indicator work full auto  Expert Advisor EA Gold Stuff Telegram group  here  telegram channel  here  SETTINGS Draw Arrow -  on off. drawing arrows on the chart. Alerts -   on off audible alerts. E-mail notification -  on off. email notifications. Puch-notification -  on off. Push notifications. Next, adju
50 USD
HMA with notifications
Sergey Sapozhnikov
Alan Hull's moving average, more sensitive to the current price activity than the normal MA. Reacts to the trend changes faster, displays the price movement more clearly. When the indicator color changes, it sends a push notification to the mobile device, a message to the email and displays a pop-up alert. Parameters Period - smoothing period, recommended values are from 9 to 64. The greater the period, the smoother the indicator. Method - smoothing method, may range from 0 to 3. Label - text
24.90 USD
Advanced Supply Demand
Bernhard Schweigert
CURRENTLY 33% OFF !! ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones . You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES . All Supply Demand traders will love it. :) Important Information Revealed Maximize th
148 USD
FX Volume
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 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
50 USD
PipFinite Trend PRO
Karlo Wilson Vendiola
Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend Pro's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit ► www.mql5.com/en/blogs/post/713938 Test the demo version and explore its feature
98 USD
Infinity TrendLine PRO
Evgenii Aksenov
TrendLine PRO indicator is based on the analysis of the strength of bulls and bears. It shows the highlighted trend line (blue is bulls and red is bears), the entry point and the calculated TakeProfit and StopLoss levels.  You can manage levels and other settings which makes the TrendLine PRO a universal tool for any strategy 📢   Telegram:   https://t.me/INFINITY_PRO_ED 📈   Real account signals:     here TrendLine PRO never repaint and does not change the levels!!! The dashboard panel displ
63 USD
FX Trend
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 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
50 USD
Williams Dashboard
Pablo Mozo Bel
The Williams Dashboard is an information panel which allows you to have a global market vision through a Williams Percent Range. Williams Dashboard analyzes and tracks all the assets you want to invest in. Take advantage of this useful dashboard where you can open in a few seconds the chart and quickly invest in it. Main Features of Williams Dashboard Graphic panel that allows you to know the situation of many assets. 7 Different Williams Percent Range situations to discover when an asset is o
59 USD
HLOC
Chantal Sala
High Low Open Close Levels The indicator HLOC is a good ally to correctly identify the appropriate trend of price. The indicator is designed to be minimally invasive and it shows a visual and sound aid in order to take decision on the market. The indicator is equipped with sound alert and window alert in order to have a reminder of the price movements. We suggest you watch the video below to evaluate its operational benefits. Input values: Show Level (true/false) TimeFramePeriod (refer to line
30 USD
Moving Fibonacci
Luciano Ola
About Fibonacci Retracement Fibonacci Retracement is a form of technical analysis used to locate points of support, resistance and pivots. In many cases, Fibonacci lines are self-fulfilling prophecies, this is because many traders set stop loss and take profit targets in accordance with indications of price action provided by Fibonacci lines. Due to the abundance of trader activity associated with Fibonacci Lines, the market will, in most cases, undergo pivot-like behaviour around Fibonacci line
10 USD
Compass Demark
Denis Miroshnichenko
Compass_Dem is one of the signal indicators created especially for the fans of the DeMark strategy. The indicator uses the TD lines of DeMark, plots TD points, draws lines and calculates their values and targets with high precision. This indicator will be a useful addition to any trading strategy, and will suit traders of any level. The indicator parameters: Language_English - Change the language of the information panel (English by default) Template             - Built-in terminal template (e
30 USD
TD Lines Alert
Larisa Medvedeva
This indicator is a logical continuation of the TD points concept by Thomas DeMark, which are described in the article by I. Morozov https://www.mql5.com/en/articles/1995 . I decided to continue lines from TD points till intersection with the price, which seems to be a good solution for the prompt coverage of the current market situation. The width and color of lines depends on the number of points, through which the line is drawn. In case of intersection, the indicator generates a signal of int
27.50 USD
TrafficLight
Stanislav Korotky
TrafficLight provides simple trading buy and sell signals. The indicator shows reversal points and ambiguous points on current chart using cross rates. Only completed bars are counted. Buys are denoted by green arrows, sells - by red arrows. Yellow diamonds denote bifurcation points. Distance to the arrows relatively to the current price is a measure of volatility on the cross rates, and can be used as future price movement estimate for the work symbol. Due to the fact that indicator is calculat
25 USD
Ticks Line Chart
Evgeny Belyaev
Ticks Line Chart is a professional indicator for the MetaTrader 4 platform. This indicator allows displaying a tick chart in a separate window, so that you can see price changes inside bars. Note that the Strategy Tester of the MetaTrader 4 trading platform only shows the static spread, that is why in in the tester the distance between the ASK and Bid prices will always be the same. Indicator Benefits Perfect for scalping. A unique indicator, there are no free analogues. Using the flexible ind
32 USD
VolumeWPR
Stanislav Korotky
The indicator calculates WPR formula on volume-aware indicators  Accumulation/Distribution , OnBalance Volume , or Price Volume Trend . WPR range is moved into positive domain [0..1] for convenience. Parameters WPR - period of WPR, by default 24; Base - type of the underlying indicator: AccumulationDistribution (by default), OnBalanceVolume, or PriceVolumeTrend; Price - applied price type for OBV and PVT, by default - Close; it's ignored in case of AD; Screenshots On the screenshots below th
12.50 USD
Stochastic Global
Igor Semyonov
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
30 USD
Extended Keltner Channel
Sergey Efimenko
This is an extended version of Keltner channel. You can use 21 types of Moving Average and 11 methods of calculating the indicator's center line. Moving Average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average (or EPMA, Linear Regression Line), Smoothed Moving Average, Hull Moving Average by Alan Hull, Zero-Lag Exponential Moving Average
30 USD
ToWave Indicator
Vitaliy Zaporozhskiy
ToWave builds "waves", extremums and fractals using configuration of nearby candles and HL levels. Built-in Stochastic indicator allows the product to warn of trend direction changes using arrows. The indicator is good for building trends and defining their breakout points.
10 USD
Sunrise
DANIL LOPATKIN
This indicator is based on complex mathematical calculations and transformations of price and time and figures out the most probable short-term price movement. It does not require any settings or manipulations. Very easy to use: it draws arrows in the course of price movements. Important : buy or sell signal does not give an absolute guarantee of a successful trade. Important : the indicator does not signal about closing, you have to determine it yourself. The indicator works on EURUSD, M5. Comp
10 USD
Volume Delta Panel
Chantal Sala
Volume DeltaPanel is a very powerful indicator that read the supply on Market. It calculates the Delta from movement of the price and the difference of BUY volumes and SELL volumes. The Volumes are added to price and normalized to symbol points. Its special structure allows you to get all Time Frames values available on the platform MT4. Panel can show 28 instruments simultaneously all customizable according to the offer of the Broker. A good observation of this instrument can suggest great en
50 USD
Volume Impuls VSA
Sergey Zhukov
The Volume Impuls VSA indicator paints a histogram of volumes tading into account the bar direction and comparing it with the volume of previous bars. The volume of the rising and falling trend are painted respectively in blue and in red. If the current volume exceeds the volumes of the opposite direction, an impulse is formed. Accordingly, the impulse of the upward and downward trends are painted in blue and orange. Also the indicator displays three levels, based on which you can easily compare
10 USD
Daily Range
Dmitriy Falkov
The indicator highlights the affected period taking the highest and the lowest prices into account. It is possible to choose any time period from 1 hour to 24 hours. It also optionally shows the target levels when trading at the breakout of the range in any direction. The target level value is given in percentages of the width of the previous range. The indicator is the improvement and extension of the free version . It works on timeframes from M1 to H1. It warns at the higher timeframes. Sett
10 USD
ACeVectorBands2016OnChart
Alberto Cejudo
Background : Indicator On Chart based on my own oscillator ACe_Vector2016. As you can appreciate, this indicator draws two bands on the chart in order to identify long and short opportunities. When the momentum vector oscillator (ACe_Vector2016) crosses the zero line, the indicator On Chart draws a long/short signal (green/red arrow). Also you can identify the trend line on chart (MA): green colour if trend is moving up, and red colour if trend is moving down. This indicator draw up and down non
10 USD
Bid Ask Level
Chantal Sala
Bid Ask Level is a very simple indicator but, at the same time, very powerful . Using the logic of the minimum and maximum of the previous periods is able to intercept the important levels of demand and supply. The indicator permits setting the numbers of history candles to read very important levels in the past and show them in the current chart. You can see these power levels with horizontal lines designed on the chart. The indicator also permits uploading many different levels (of different t
30 USD
Fisher Kuskus
Renaud Candel
Fisher Kuskus is an indicator used by scalpers on low time frames like M1. The Fisher Kuskus is now available on Metatrader platform. Inputs of the indicator are : Period : period to be used for calculation of the indicator PriceSmoothing : value of 0.0 to 0.99 IndexSmoothing : value of 0.0 to 0.99 The indicator can be used with any Forex pair. It can also be used with other classes of assets, like Equities, Commodities, Futures.
97 USD
Rise or fall volume
Alexander Nikolaev
A trader can not always find whether the last closed bar was bullish or bearish in terms of volume. The indicator analyzes all minute volumes within this bar and can more accurately predict the behavior of large market players. It can work on all currency pairs, it is better to use timeframes from H1 to Daily. The indicator calculates the volume values from the 1-minute timeframe, therefore, it is necessary to have a lot of history data for the M1 timeframe. The methods for determining buy or se
10 USD
Price distribution 4
Anton Gorin
The Price distribution 4 indicator is the author's implementation of the Market profile indicator. The indicator uses graphical objects to display the price distribution on the vertical axis over a certain time. The tick volume serves as the quantitative measure in calculations. The indicator is calculated on the data of the M1 timeframe. The indicator is updated when a new bar appears. Input parameters Period - the number of the last bars of the current timeframe for the calculation. Scale -
10 USD
Extreme Volume Indicator
Artur Zas
The extreme volume indicator helps identify turning points in the market by pinpointing spots of higher than average volume. Such points usually indicate the start of a trend or a turning point in the market. The indicator averages out volume readings over an extended period of time and calculates a volume threshold level. When this level is breached, it identifies the most likely trend direction using the trend of the candle that breached the volume threshold. The direction indicator (red or gr
10 USD
Engulf Candle Pattern
Marco Concato
Engulfing Candle Pattern Indicator that shows a potential zone for your trades. Often used for Supply/Demand and Support/Resistance Strategies! Indicator Properties Variables Max Candles : Number of Candles you want to elaborate Use "0" for All the candles in the chart Engulfing Size : Size of the Engulfing Candle Personally i use 2 or 3 for this setting. This setting is based on the size of the engulfing candle, more specifically, shows only engulfing that are bigger X times of the smaller ca
10 USD
Filter:
No reviews
Reply to review
Version 1.3 2020.11.02
Minor update
Version 1.2 2020.11.02
Added more options
Version 1.1 2020.10.09
Added more classical indicators