Modern Donchi MT4

The indicator is based on the concept of price channels, which are formed by plotting the highest high and lowest low prices over a specified period of time.

The Donchian Channel Indicator consists of three lines: an upper channel line, a lower channel line, and a middle channel line. The upper channel line represents the highest high over a specified period, while the lower channel line represents the lowest low. The middle channel line is the average of the two and can be used as a reference for determining whether the price is trending upwards or downwards.

Traders can use the Donchian Channel Indicator to identify trends, support and resistance levels, and potential breakouts. When the price breaks above the upper channel line, it is considered a bullish signal, while a break below the lower channel line is a bearish signal. The indicator can be adjusted to different timeframes depending on the trader's preference and trading style.

Input Explained:

1. Bar Count - No. of previous bars/candles from the current bar/candle. This is the period indicator will plot support and resistance levels.

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Prop Firm Sniper MT4  is a professional market structure indicator that automatically identifies high-probability BUY and SELL opportunities using BOS and CHoCH analysis. Recommended Timeframes: For backtesting, use the indicator on   M5 or M15   for Gold (XAUUSD), and   M15 or H1   for more volatile Forex pairs such as   GBPUSD, USDJPY, EURGBP , and similar markets. CONTACT ME AFTER PURCHASE TO CLAIM YOUR FREE BONUSES! Prop Firm Sniper  is a professional market structure indicator designed t
Dynamic Scalping Oscillator mq
DMITRII GRIDASOV
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"Dynamic Scalping Oscillator" - is an advanced custom Crypto_Forex indicator - efficient Trading tool for MT4!  - New generation of Oscillators - see pictures to check how to use it. - Dynamic Scalping Oscillator has adaptive Oversold/Overbought zones. - Oscillator is an auxiliary tool to find exact entry points from dynamic OverSold/OverBought areas. - Oversold values: below Green line, Overbought values: over Orange line . - This indicator is great to combine with Price Action patterns as wel
Scalping Points Pro
Andrey Kozak
5 (3)
Indicators
Scalping Points Pro is an indicator that shows possible price reversal points on the chart and does not redraw its signals. Also, the indicator sends signals to the trader via Email and Push. The accuracy of the signals of this indicator is approximately 92-94% on the M5 timeframe and more than 95% on the H1 timeframe. Thus, this indicator allows the trader to accurately open trades and predict further price movement. The indicator does not redraw its signals.  The indicator works on timeframe
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PZ TRADING SLU
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Indicators
Boost your trading precision with the versatile wedges tool The PZ Wedges Indicator is a technical analysis tool that helps traders identify potential continuation patterns in the market. These patterns, known as wedges, are formed when the price of an asset consolidates within a narrowing range, bounded by upward or downward converging trendlines. Wedges are considered to be continuation patterns because they often precede a breakout in the direction of the preceding trend. When a wedge pattern
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Simple alert system which will alert you on your mobile terminal, email and on the chart whenever RSI crosses below the overbought level or above the oversold level. Use this alert system, so you don’t have to watch the chart all day for the RSI levels to break. INPUTS: 1.        RSI Period- (Default is 14). Number of candles the RSI indicator will look back for the calculations. 2.        OB Level- (Default is 70). This is the Overbought level or Upper level for the RSI indicator. 3.        OS
Xgrid Scalper MT4
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This trading robot is strictly made for 10K Capital Trading Account and EURUSD H1. DO NOT use it on smaller accounts, because it has minimum free margin limit i.e. Free Margin > 500 (this value is in "actual money" not in "percentage"!) This is a Simple Grid Trading System which works on ADX indicator's volatility and with High Winrate. IMPORTANT: Default input settings are the bare minimum settings (not ideal) instead use the recommended settings (OR find your own best settings) provided in th
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This is a very simple EA which uses distance from EMA Crossover strategy to open automatic trades. It has NO stop loss but has the take profit in money feature. This is an optional martingale system, it has a lot multiplier option if you want to use it to increase the successive trade volume. Don't trust the description, just download the demo today and test it yourself to know more about this trading robot.  (Backtest on longer periods like 5-10-20 years with 99-100% tick quality). Recommended:
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MTF Candles Overlay View higher timeframe candles directly on your current chart without switching between multiple windows. MTF Candles Overlay displays complete higher timeframe candles (OHLC, body and wicks) as an overlay on any chart, allowing you to analyze market structure, trend direction and key price levels from multiple timeframes at the same time. Includes support for all standard MetaTrader timeframes plus a unique Yearly (Y1) timeframe for long-term market analysis. Key Features Mu
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