Channel Reliable

This is no ordinary channel. Everyone should analyze it and find a way to use it in their trading strategies. Like all channels, it has a middle line as well as a high and low line. This channel is worth watching for its unusual behavior.
The use of the Channel Reliable indicator allows the trader to react in time to the price going beyond the boundaries of the channel set for it. This corridor is built on the basis of the analysis of several candles, and changes in the parameter of the number of candles itself dynamically depending on the volatility, starting from the latter, as a result of which the extremes of the studied interval are determined. They are the ones who create the channel lines.
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Possible Price reversals levels - based on  Fibonacci + Support +  Resistance Levels Auto levels drawn based on input index (Bars Count )  ---->>> Price Over 50% Fibo line ---> UP TREND ---> BUY when price drop near Support Lines  ---->>> Price Down 50% Fibo line ---> DOWN TREND ---> SELL when price goes up  near Resistance Lines  --->>> The more close price levels ----> the more possibility for price reversals --->>> are you a scalper --> try it on M1 charts with big index like 5000 bars  or
The Auto Super Pivot indicator is an indicator designed to calculate support points and resistance points for pivot points. this indicator has the ability to calculate standard pivot, fibonacci, camarilla, woodie and demark pivot points. It also allows you to use all time zones with the time frame feature. Another feature of the indicator is the auto time slice feature. This feature allows automatic calculations without having to set any time zone. Features 6 different pivot calculation modes A
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Andriy Sydoruk
Indicator FiboZag - transfer the indicator to the chart and the Fibonacci levels will be built automatically on the last ZigZag turn. The main advantage lies in the correct construction of Fibonacci levels and markup of price levels. Simple, visual and effective use. The indicator is not redrawn and does not lag. Works on all currency pairs and on all timeframes.
Fractal Pivot Lines — Indicator Overview Fractal Pivot Lines   is a custom trend analysis tool for MetaTrader 5. It dynamically draws lines connecting fractal highs and lows, helping traders visualize local market structure, momentum shifts, and trend channels. What It Does Connects the   last N fractals   (of the same type – highs or lows) with visible lines. Fractal highs (pivots up) are linked by   green lines , forming potential resistance paths. Fractal lows (pivots down) are linked by   re
Market Trend - a comprehensive system for determining the trend direction. Analyzes the market using a formula which considers the values of multiple technical indicators and other trading strategies. IT determines not only the current trend direction, but also its movement strength. The indicator is intuitive and very easy to use. The information on the current trend direction and its movement strength are displayed on the chart. If the indicator shows "UP!" then an uptrend is currently present
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Diogo Mitsunaga Dos Santos
Fibonacci retracements are trend lines drawn between two significant points, usually between absolute lows and absolute highs, plotted on a chart. Intersecting horizontal lines are placed at the Fibonacci levels. Fibonacci retracements are useful tools that help traders identify support and resistance levels. With the information gathered, they can place orders, identify stop-loss levels, and set price targets. Although useful, traders often use other indicators to make more accurate assessments
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Hafis Mohamed Yacine
This indicator will draw monthly, weekly, and daily pivot. Pivot line will be calculated automatically again when the period ends. Auto Pivot Metatrader 4 Indicator The Auto Pivot indicator for Metatrader 4 automatically updates the pivot point (PP), support (S1,S2,S3) and resistance levels (r1,r2,r3) every day. Price above the pivot point means positive while price below the pivot point means negative. S3 indicates extremely oversold while price above resistance r3 means extremely overbought.
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Evgeny Belyaev
Magic Pivot is a professional indicator for finding the support and resistance lines; it has been developed by a group of professional traders. The indicator plots three support lines and three resistance lines, where a price reversal is highly probable. Magic Pivot is an excellent tool for scalping and intraday trading.   Advantages High accuracy of signals. Suitable for scalping and intraday trading. The indicator does not redraw. Simple indicator setup, minimum parameters. Works on any financ
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Andriy Sydoruk
The Unique Trend indicator tracks market trends, ignoring sharp fluctuations and market noise. The indicator is suitable for trading on small timeframes because it ignores sudden price jumps or price corrections due to the reduction of market noise around the average price. The scan at minima and maxima forms the internal boundaries (channel) when calculating the indicator signals. The channel allows you to remove market noise. iMA and iATR are used to generate signals using the author's algor
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Classic Fractals indicator for MT4, with additional Trendlines connecting the latest couples of fractals ( fractals are showing highest high, and lowest low on each period) Rules for trendlines: -if new top fractal is below the last one = new resistance line -if new bot fractal is above the last one = new support line -Trendlines can be hidden -Fractals can be hidden Fractal Period = can be both even or uneven number, as it is setting for half (one side) of the bars sequence for findin
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Andriy Sydoruk
Prophet is a trend indicator. Shows the direction of turning points. Can be used with an optimal risk-to-profit ratio. The arrows indicate favorable moments and directions for entering the market. Uses one parameter for setting (adjust from 1 to 3). The probability of a successful trend is very high. In the course of work, the take-profit is much larger than the stop-loss! Works on all currency pairs and on all timeframes.
Provides instant signals on the chart in panel form. Equipped with signal description and trading analysis tools such as drawing auto trendlines, support/resistance area, regression channel, Fibonacci levels, Pivot levels and current signal price, signal time, signal expiry and stoploss recommendation. Also sending alert messages to all available mt4 alert tool. A detailed description panel provides information about where the signal comes from and what indicators are behind the signal. Includin
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Suvashish Halder
5 (1)
Smart Trendlines – No.1 Trendlines Indicator Smart Trendlines is a precision tool that automatically draws trendlines based on every valid pivot point, helping traders identify key support and resistance zones. It continuously adjusts as new market pivots form, providing a live and accurate reflection of price structure. Whether you’re tracking trends, preparing for reversals, or anticipating breakouts — this indicator keeps you one step ahead. It works seamlessly across all assets including For
Pivot Points MT4
KEENBASE SOFTWARE SOLUTIONS
KT Pivot Points automatically plots the daily, weekly, and monthly pivot levels on a chart with the precise calculation based on the latest data. Pivot points is a widely used indicator in technical analysis, particularly in the Forex market. Features Send alerts when the price touches the pivot level.  It offers complete customization for each kind of pivot level.   Shows daily, weekly, and monthly pivot levels without any fuss. It uses minimum CPU resources for faster calculation. Compatible
Introduction to Support Resistance Indicator Support and Resistance are the important price levels to watch out during intraday market. These price levels are often tested before development of new trend or often stop the existing trend causing trend reversal at this point. Highly precise support and resistance are indispensable for experienced traders. Many typical trading strategies like breakout or trend reversal can be played well around these support and resistance levels. The Precision Sup
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Yvan Musatov
Towers - Trend indicator, shows signals, can be used with optimal risk ratio. It uses reliable algorithms in its calculations. Shows favorable moments for entering the market with arrows, that is, using the indicator is quite simple. It combines several filters to display market entry arrows on the chart. Given this circumstance, a speculator can study the history of the instrument's signals and evaluate its effectiveness. As you can see, trading with such an indicator is easy. I waited for an a
Support Resistance Breakout Indicator (SRBAI) download for MetaTrader 4 The Support Resistance Breakout Indicator (SRBAI) available for MetaTrader 4 (MT4) is designed to highlight significant pivot zones by mapping support and resistance levels on the price chart. Blue dashed lines represent support zones, while red dashed lines indicate resistance levels. Once the price breaks through a support area, the indicator generates a sell alert with a red downward-pointing arrow. Conversely, a resista
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Introduction It is common practice for professional trades to hide their stop loss / take profit from their brokers. Either from keeping their strategy to the themselves or from the fear that their broker works against them. Using this indicator, the stop loss / take profit points will be drawn on the product chart using the bid price. So, you can see exactly when the price is hit and close it manually.  Usage Once attached to the chart, the indicator scans the open orders to attach lines for t
Capital Pivot
Mr Nisit Noijeam
Pivot Points และระดับ (Support) และ(Resistance) บนแผนภูมิการเทรดใน MetaTrader 4 สำหรับตลาด Forex : คำนวณ Pivot Points : สคริปต์คำนวณจุด Pivot โดยใช้ข้อมูลราคาประวัติศาสตร์ เช่น ราคาเปิด, ราคาสูงสุด, ราคาต่ำสุด, และราคาปิด จากช่วงเวลาที่กำหนด (เช่น วัน, ชั่วโมง, ฯลฯ) จุด Pivot และระดับต่างๆ เช่น R1, R2, R3 (ระดับการต้านทาน) และ S1, S2, S3 (ระดับการสนับสนุน) ถูกคำนวณออกมา แสดงบนแผนภูมิ : หลังจากคำนวณจุด Pivot และระดับต่างๆ, สคริปต์จะแสดงเส้นเหล่านี้บนแผนภูมิ MT4 เพื่อช่วยให้นักเทรดสามารถเห็นจุดที่
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Svyatoslav Kucher
5 (1)
Determining the current trend is one of the most important tasks of a trader, regardless of the trading style. The Creative Trend indicator will help you do this with a fairly high probability. Creative Trend is a trend recognition indicator that uses the author's calculation algorithm. The indicator readings do not change under any conditions. The indicator is suitable for any currency pair, any timeframe, as long as there is enough historical data for calculations. Indicator Parameters Main Se
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Fanur Galamov
4.85 (62)
1 copy left for $225 Next price  --> $249  Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position man
This is an arrow indicator without a future function,developed based on the most advanced profit trading algorithms.It has the most innovative and advanced dual trend analysis module, as well as the latest and highly effective market trend prediction algorithm.Trends are your friends, and following larger trends can earn the maximum profit in foreign exchange. This indicator helps traders identify current trends and track them. Someone once made a profit of 10 times in a week by relying on it.No
PABT Pattern Indicator - it's classical system one of the signal patterns. Indicator logic - the Hi & Lo of the bar is fully within the range of the preceding bar, look to trade them as pullback in trend. In the way if indicator found PABT pattern it's drawing two lines and arrow what showing trend way.  - First line - it's entry point and drawing at: 1. On the high of signal bar or on middle of the signal bar (depending from indicator mode) for buy; 2. On the low of signal bar or on middle of t
Trend formation channel is a set of lines. The two central lines of the indicator represent moving averages of the specified type and period, they also form a small channel. The large channel is formed - the central lines of the indicator plus / minus the standard deviation estimate, multiplied by the coefficient selected by the user. The basic rule for plotting is that about 5% of prices should be outside these lines, and 95% - inside. If the price crosses the upper or lower line too often, th
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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
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Pivots MT4
Denis Luchinkin
Pivots MT4 - Простой и удобный индикатор уровней pivot , рассчитывает уровни по методам  Classic , Fibonacci , DeMark , Camarilla , WooDie , Central Pivot Range . Индикатор выгодно отличается следующим Рассчитывает уровни pivot по методам  Classic ,  Fibonacci ,  DeMark ,  Camarilla ,  WooDie ,  Central Pivot Range ; Выводит на графике текущие уровни и уровни на предыдущих периодах; Выводит на графике выбранные метод и период, названия уровней и их ценовые значения. Параметры Pivot Method - Выпа
Next level of trend trading here. Possibility 75%, the indicator analyzes the current market to determine short (small dot), middle (circle with a dot inside) and long (cross with a circle and a dot inside) trends.  Wingdings characters of  Aqua color represents the beginning of the UP trend. Wingdings characters of  Orange color represents the beginning of the DOWN trend. Possibility 75% Indicator will improve your trading in the world of forex, commodities, cryptocurrencies and indices.
Created by imjesstwoone and mickey1984, this trade model attempts to capture the expansion from the 10:00-14:00 EST 4h candle using just 3 simple steps. All of the information presented in this description has been outlined by its creators, all I did was translate it to MQL4. All core settings of the trade model may be edited so that users can test several variations, however this description will cover its default, intended behavior using NQ 5m as an example. Step 1 is to identify our Price Ra
Alpha Trend sign has been a very popular trading tool in our company for a long time. It can verify our trading system and clearly indicate trading signals, and the signals will not drift. Main functions: Based on the market display of active areas, indicators can be used to intuitively determine whether the current market trend belongs to a trend market or a volatile market. And enter the market according to the indicator arrows, with green arrows indicating buy and red arrows indicating se
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Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tradi
The Super Arrow Indicator provides non-repainting buy and sell signals with exceptional accuracy. Key Features No repainting – confirmed signals remain fixed Clear visual arrows: green for buy, red for sell Real-time alerts via pop-up, sound, and optional email Clean chart view with no unnecessary clutter Works on all markets: Forex, gold, oil, indices, crypto Adjustable Parameters TimeFrame Default: "current time frame" Function: Sets the time frame for indicator calculation Options: Can be set
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KEENBASE SOFTWARE SOLUTIONS
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PZ TRADING SLU
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Trade smarter, not harder: Empower your trading with Harmonacci Patterns This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic pric
Volatility Trend System - a trading system that gives signals for entries. The volatility system gives linear and point signals in the direction of the trend, as well as signals to exit it, without redrawing and delays. The trend indicator monitors the direction of the medium-term trend, shows the direction and its change. The signal indicator is based on changes in volatility and shows market entries. The indicator is equipped with several types of alerts. Can be applied to various trading ins
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Martin Alejandro Bamonte
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5 (1)
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Maryna Shulzhenko
Trend Sys, an indicator designed to detect trends in price movement and allows you to quickly determine the direction of the trend. The best way to trade Trend Sys is to enter the market when Trend Sys peaks and goes the other way. This is a sign of a trend reversal. I hope you enjoy this indicator and leave your comments to make it even better. Good luck and happy trading.
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Trend Sens is a universal indicator, the values of which are calculated based on different indicators. The iPump indicator is a versatile indicator that combines the advantages of three categories of indicators. You get 3 indicators in 1 product. Trend Sense itself appeared in the process of many years of work with financial assets. The indicator has become a consequence of those desires and requirements, for the analysis that I personally would like to use for trading.
Trend Lime
Maryna Shulzhenko
With the development of information technologies and a large number of participants, financial markets are less and less amenable to analysis by outdated indicators. Conventional technical analysis tools, such as the Moving Average or Stochastic, in their pure form are not able to determine the direction of the trend or its reversal. Can one indicator indicate the correct direction of the future price, without changing its parameters, in the history of 14 years? At the same time, not to lose ad
Trend Map
Maryna Shulzhenko
The Trend Map indicator is designed to detect trends in price movement and allows you to quickly determine not only the direction of the trend, but also to understand the levels of interaction between buyers and sellers. It has no settings and therefore can be perceived as it signals. It contains only three lines, each of which is designed to unambiguously perceive the present moment. Line # 2 characterizes the global direction of the price movement. If we see that the other two lines are above
Trend LineA
Maryna Shulzhenko
Trend LineA is a powerful trend indicator equipped with everything you need to trade and at the same time very easy to use. The indicator calculates the most probable zones of trend stop / reversal, zones of confident trend movements. The indicator works on all timeframes and currency pairs. The indicator gives quite accurate signals and it is customary to use it both in trend and flat markets. It is advisable to use the indicator in combination with other instruments for more reliable signals
Trrend Arrow
Maryna Shulzhenko
Original Trrend Arrow trend indicator showing buy and sell areas. With this indicator, you do not need to sit near the computer and wait for the inflection point to appear day and night. The indicator is very easy to use. When an up arrow appears, open a buy deal. When a down arrow appears, open a sell trade. The indicator works on all timeframes and currency pairs. It is advisable to use the indicator in combination with other instruments for more reliable signals and making a more balanced
Trend Op
Maryna Shulzhenko
One of the biggest challenges traders face is finding the trading system that's right for them. Trend Op indicator predicts the most likely short-term price movement based on complex mathematical calculations. This indicator is designed to detect trends in price movement and allows you to quickly determine not only the direction of the trend, but also to understand the levels of interaction between buyers and sellers. It has no settings and therefore can be perceived as it signals.
Trend Hist
Maryna Shulzhenko
The Trend Hist indicator is designed to display on a chart and visually evaluate the trailing algorithm by inside bars. This indicator finds strong trend movements of a currency pair on a given number of bars, and also finds a correction to this trend. If the trend is strong enough, and the correction becomes equal to the one specified in the parameters, then the indicator signals this.
Trend Slow
Maryna Shulzhenko
The Trend Slow indicator uses the author's algorithm for analyzing price behavior and displays the result of complex work in the form of lines. For simplicity, the algorithm automatically changes the line color according to its direction. The indicator has a parameter to enable alerts when the color changes, thus helping the trader to identify new market trends. This system will help you find high-probability trades in the direction of strong trends.
Effect
Maryna Shulzhenko
The Effect indicator shows the points of potential market reversal. Simple, visual and efficient trend detection. Ready-made trading system. The intelligent algorithm of the indicator determines the trend with good probability. Uses just one parameter for settings. The indicator does not redraw and does not lag. Works on all currency pairs and all timeframes. You should remember that using a combination of forecasting tools, it is advisable to choose 2-3 indicators for trading. Otherwise, thei
Going straight
Maryna Shulzhenko
American traders say: “Trend is your friend”, which means “Trend is your friend”. And indeed it is! By trading with the trend, you reduce your risks and gain an advantage, as you increase the mathematical expectation of completed trades and, therefore, earn more profit. Together with the Going straight indicator you will trade with the trend with ease! This is one of the most effective ways to deal with market trends. Trading strategies using the channel indicator belong to the classic methods
Schrodinger Channel is a non-redrawing channel indicator based on moving averages, it takes into account not simple moving averages, but twice smoothed ones, which, on the one hand, makes it possible to more clearly determine the market movement, and on the other hand, makes the indicator less sensitive. Signals are not redrawn and can be used immediately after they appear. This means that there is no need to wait for a new confirming bar. The lower and upper bands are used as support / resista
Direction Arrows
Maryna Shulzhenko
The Direction Arrows indicator tracks the market trend while ignoring the sharp market fluctuations and noise around the average price. The indicator implements a kind of technical analysis based on the idea that the market is cyclical in nature. It catches the trend and shows favorable moments of entering the market with arrows. The indicator can be used both for pipsing on small periods and for long-term trading.
Incognito RSI
Maryna Shulzhenko
The Incognito RSI indicator is an advanced internal strength index. It transforms the signal so that the low-frequency components lag behind much more than the high-frequency components. In general, the data of the last bar has more weight than the previous data, like an exponential moving average. The indicator demonstrates not the relative strength of the compared trading instruments, but the internal strength of a single instrument, therefore it is the “Internal Strength Index”. This is an
The Oscillator Trend indicators are most useful in identifying trend decay. Nobody canceled the divergence. Correct use of this signal will give you a certain head start in the market. When working in flat. The principle of operation of the oscillator is based on the measurement of fluctuations. The indicator tries to determine the maximum or minimum of the next swing - an exit from the overbought and oversold zones. Do not forget that these signals are most interesting at the borders of the fl
Purpose Trend
Maryna Shulzhenko
Purpose Trend - analyzes the current trend gives an excellent understanding of which direction the market is aimed at, at what point it should be expected in the near future. Unfortunately, most of the popular indicators in practice give a huge number of false signals, since they all work without any consideration of global trends. That is why in today's conditions, when the market is far from stable price movement, it is almost impossible to build a strategy without using trend indicators. Ho
BitTerraCoin
Maryna Shulzhenko
BitTerraCoin is a unique trading system! It goes through the entire history and all currency pairs with one single setting. Works using sharp tick movements. Recommendations for working with a scalpel: It is recommended to work on liquid Forex pairs with a low spread. The lower the commission and the spread, the greater the profit. You can start using it with $ 100 and 0.01 lot. You can work on any hourly period, on any currency pair and on the server of any broker. Details: The MaxSpread par
Make Use
Maryna Shulzhenko
The Make Use trend indicator copes with the main task of trading: to find an entry point to the market at the moment of trend initiation and an exit point at the moment of its completion. A stable movement of quotations in a certain direction is called a trend in trading. In this case, the movement itself can be downward, upward or sideways, when the market movement does not have a pronounced direction. The Make Use trend indicator is important for identifying trends in financial markets. Howev
Trend Thyrogen
Maryna Shulzhenko
Trend Thyrogen is a trend trading strategy, filtering and all the necessary features built into one tool! Intelligent indicator algorithm with generates input signals and output levels. The principle of operation of the indicator is to automatically determine the current state of the market when placed on a chart, analyze historical data based on historical data and display instructions for further actions on the trader's screen. The system itself shows in the form of arrows when to buy and wh
Channel Token
Maryna Shulzhenko
The Channel Token indicator automatically builds a trend movement tracking channel. The price is in its trend movement in a certain range, and not a chaotic spread of the price, it is not clear in which direction. And if the price deviates within a certain range, it means that the boundaries of these ranges are support and resistance lines and form the Channel Token channel. Channel Token - an indicator in which the indicator period is automatically calculated based on the number of bars of t
Gibraltar
Maryna Shulzhenko
The bot uses 4 MACD indicators and two MAs in its work, thus a zone is formed for trading on the breakdown of the Bands channel and, accordingly, with a minimum stop level and only one deal. The bot also takes into account parameters such as slippage, spread and volatility. Entry is made only when there is sufficient volatility. Thus, the bot works using sharp tick movements. It is recommended to work on liquid Forex pairs with a low spread. The lower the commission and the spread, the greater
Trend Long
Maryna Shulzhenko
The Trend Long indicator accompanies long trends. It can be used only to determine the global trend, but not as an entry point. Any reliable entry indicator can be used for the entry point. Or the standard RSI, based on overbought / oversold levels. The indicator can be used without restrictions on instruments or timeframes. Experiment with the parameters! The parameters are not linear! When you specify a period, you only specify a period to determine the price range for a certain interval. Th
Pattern Trend
Maryna Shulzhenko
The principle of operation of the Patern Trend indicator is to work on a channel breakout. The parameters and width of the channel are selected in such a way that the closing in the red is sufficiently balanced, which is shown on the chart by the inscriptions near the arrows. You can see that the arrow signal does not appear every time the channel is broken. Because the indicator has a volatility filter that has a big impact on the entry. In total on the chart (EURUSD / H1) you can see that th
Signal Switched
Maryna Shulzhenko
Signal Switched is a channel indicator designed to work with support and resistance levels and help traders find opportunities to enter the market. It is also protected by arrows that help to enter the market correctly. Channel indicators are among the most popular technical analysis tools on Forex and Signal Switched is a promising market analysis tool. Signal Switched can be used as a base for building a strategy or as an addition to an existing one. Signal Switched is a limited range (corr
Quatre
Maryna Shulzhenko
Quatre is a trend indicator, it indicates well the points of the beginning of the trend and its completion or reversal. This indicator is characterized by the following behavior: After a trend movement appears on the market, the indicator sends a signal of its beginning in the form of arrows. Quatre is a mathematical averaging of prices, and based on this, one can assume the direction of price movement (trend) in the future. Against the background of insignificant fluctuations, it is possible t
Secured
Maryna Shulzhenko
This tool scans the market looking for the correct entry. You can see and evaluate it yourself, perhaps it will suit you for a number of tasks related to forecasting price movements. It uses only price data and analytics to calculate entry points. Does not use auxiliary indicators. It has two parameters for customization. Setting the indicator. Interval - price analysis interval. Subterfuge - analysis correction interval.
StoryS
Maryna Shulzhenko
The Story indicator predicts the most likely short-term price movement based on complex mathematical calculations. The indicator is interactive and easily customizable. This is a universal indicator, the values ​​of which are calculated based on complex mathematical calculations. The indicator generates arrows that characterize the current price dynamics. The product can be used as a trend indicator or oscillator. Peculiarities Estimation of the current price movement; Calculation of the curre
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