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RCI 3 Lines

RCI is one of the technical charts and is an abbreviation that stands for "Rank Correlation Index". It is an index to judge overbought or oversold based on how much the latest stock price has risen or fallen. RCI ranks dates and prices over a period of time and indexes the correlation between -100% and + 100%. For example, if the calculation period is 9, it will be + 100% if the price continues to rise for 9, and -100% if the price continues to fall for 9. Generally, it is judged that it is overbought at + 80% or more and oversold at -80%.


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The cross-correlation indicator calculates the relationship between the specified pairs for the previous period. Automatically selects the instruments with the highest and the lowest correlation, and then simulates trading on the selected pairs on the same test period. Then indicator displays the pairs that have shown the best trading results. Visualizes the PAC (Pairs Arbitrage Correlation) criterion for the pairs selected by the trader. The signal to open trades is set by the PAC levels. When
50 USD
Pinbar Scanner With Trend Filter
Pinbar Scanner With Trend Filter
ScorpionFX
(FOR MT4)   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 exits
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This indicator judges current trend, with Linear regression and the angle. Each parameters setting contents below. Period                    Period from current Angle                     The angle of judging the trend Width of Lines        Width of Linear regression lines* Font size                Font size of display text Lines&Text colour   Colour of display lines and test * This parameter judges that if lines spreads too wide, there is no trend.
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This indicator's formula is quoted from that [NEW MARKET TIMING TECHNIQUES] by Thomas R. DeMark It consists of setup phase & countdown phase. But not Intersection & TDST. Countdown starts from the first of setup bar. It shows setup count number under the price & countdown number above the price on charts. SETUP: For buy first of setup bar; Close(4 bars ago)> Close(current)&Close(4 bars ago)< Close(previous bar). For sell first of setup bar follows opposite process. From the second bar; Close(4 b
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Masashi Shimamoto
Forex can be traded 24 hours a day on weekdays. The reason is that Forex is an investment product that targets foreign currency trading. Some foreign exchange market is always moving due to the time difference. New York, London, Tokyo, Hong Kong, Singapore, etc. Therefore, it is possible to trade almost 24 hours a day. Financial institutions are closed on Saturdays and Sundays on weekends, so Forex trading is not possible, but in reality, the exchange rate is moving slightly. The reason is
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ThorstenKock
1674
ThorstenKock 2021.05.31 21:03 
 

Absolutely useless in live trading. No one needs this indicator. It's a worthless loss bringer. Don't waste your time on it

vista_vz
40
vista_vz 2021.05.16 21:06 
 

User didn't leave any comment to the rating

Masashi Shimamoto
860
Reply from developer Masashi Shimamoto 2021.05.17 20:42
Thank you for the review. I'm sure I'll make it for MT5 when I have some time.
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