Top Bottom Indicator

Indicator Introduction

The indicator is designed according to moving average formulas, which is more stable and has less lag than RSI or CCI. The indicator has three indicator values, the moving average period and the colors of the line can be manually changed. 

What can this indicator brings to you?

  1. Accurate entry signals: The indicator draws up and down arrow signals.
  2. Multi-period trend analysis: Loading this indicator into a large timeframe chart and a small timeframe chart, the effect of using it will be better. Judge the trend direction according to the indicator color on the large timeframe chart, and enter the market according to the signals on a small timeframe chart.
  3. Judging high price and low price section: The value of the indicator is always between 0 and 100, based on this, the relative position of the price can be analyzed. when the trend line is higher than 80, the price is at an overbought section, you can choose opportunities to open buy positions. when the trend line is below 20, the price is at an oversoldsection, you can choose opportunities to open sell positions;
  4. Designing new EAs:you can design new EAs based on the direction of the trend line or the divergence of the indicator;
  5. Alarms: When there are up or down arrow signals, or two linesabove 80 and have an up cross or below 20 and have a down cross, it can send emails and massages to the mobile client, and at the same time send alerts in the chart window, which allows you to get instant signal without watching the signals by yourself all the time. The number of reminder repetitions of every time can be manually modified, and the three types of message reminders can be manually turned off or on.
Indicator Features
  • The indicator draws trend lines in a simple and intuitive way, it is easy to use;
  • It has strong predictability for prices, and the value of the indicator is always between 0-100, which can predict the relatively high or low price;
  • Robust, without frequent trend signal reverses;
  • Small lag, it is able to change the trend line colors at the initial stage of price reversal;
  • Applicable to all timeframes and any symbols;
  • Trend lines and arrow signals will not drift and repaint;

The indicator is shown in the following figures, you can download the indicator and backtest it on MT5 terminals.


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Zhi Xian Hou
GOLD EA MT5 is a fully automated trading robot, which is developed by using the "Trend for MT5" indicator. It is based on the neural network+grid system, it selects trading opportunities with high probability of profit and low risk. The minimum initial deposit is 250 USD per 0.01 initial lots, every position has a hidden stop loss. EA has good performances on XAUUSD, and the maximum drawdown is relatively low. You can use 1-minute open price backtest   mode on MT5 client to do backtest. The val
Indicator introduction: The indicator draws trend line and histogram, It has small price lag, and has no future functions, the signals will not drift. When the market is under inter-area oscillations, If the indicator appears red and green histogram, this is a low price zone, if the indicator appears magenta and yellow histogram , this is a high price zone. It can also be used to analyze market's trend according to the high and low price zone. The indicator can send emails, alerts and notificat
FREE
The Waterfall Trend Indicator MT5 uses line regression algorithm, using "Waterfall" in its name is in that it like waterfall when there is a strong down market trend. The indicator draws seven lines, one of which is sold line, others are dash line, the sold line is more stable. Indicator introduction  The indicator can effectively filter price noise since it is calculated with line regression. It can be used to analyze market trend and design new expert that is based on trend. When the trend lin
Alert Waves for mt5
Zhi Xian Hou
4.5 (2)
Indicator introduction: The indicator draws wave lines and histograms, It has small price lag, and the signal will not drift. The indicator can send emails, alerts and notifications to you when previous k line has an up arrow and it is under the histogram sections or it has a down arrow. you can choose whether or not to send the two kind of alerts, the alerts repetition times can also be changed. If the indicator appears red and green histograms, this is a buy zone. It can be used to analyze mar
FREE
Indicator introduction: The indicator is calculated by volumes and prices, It is a single side indicator, only has up arrow signals. It is better to use it in conjunction with other trend indicators, and you need to find the most efficient time to use it in order to acquire a high winning probability. The indicator can send emails, alerts and notifications to you when the indicator before k line has an up arrow. The indicator's parameters can be changed, including the computation period of the
FREE
Advanced Trader MT5 is a fully automated trading robot developed by using custom indicator "Trend for MT5", which can be found here . The expert has been tested on AUDNZD、NZDCAD、AUDCAD and USDCHF using historical data of many years, you can also test it using real ticks history data on MT5 backtest platform. Even if you don't want to 100% automatically trade by it, you can still use it as a good tool for trading, there is parameters for you to control the EA trading and use it as a trade assist
Indicator introduction:  A channel and trend line indicator, which is a good tool for manual trading, and also can be used for creating new EAs, without drifting or repainting.  It applies to any timeframes and any symbols.   The work of the indicator is shown in the screenshots. For any novice and programming trading friend, you can write the signal into the EA to play freely, buffer 0 corresponds to the bold trend line, buffer 4 and 5 respectively corresponds to the channel's upper and lower f
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