Teresinha Moraes Correia / Seller
Published products
A MetaTrader 4 indicator is a tool used in the MT4 trading platform to help traders analyze price data. It uses mathematical formulas based on price, volume, or time to show patterns or trends on a chart. Indicators can help traders decide when to buy or sell by showing possible entry and exit points. There are many types, such as trend indicators, oscillators, and volume tools. Traders can also create custom indicators to suit their strategies and improve their trading decisions.
Using colors that reflect the prevailing market direction, the indicator is designed to show when the current trend is still dominant. This helps to filter out potential market noise and guides the trader to avoid false signals. By clearly visualizing trend strength and consistency, the tool assists in identifying higher-probability trade setups. It enhances precision by allowing traders to focus on movements that align with the broader market context. As a result, decision-making becomes more
Custom ADX Indicator Based on Open Price Only The standard ADX indicator is usually calculated using the High, Low, and Close prices. This produces a smooth and visually appealing line that represents price action. However, ️ it lacks precision — as the candle moves, the ADX, +DI, and -DI values also change suddenly, potentially triggering false signals based on the candle’s initial plotting. A curious observation: even when the input is modified to use the Open price in the indicator se
Statistical Time-Based Indicator – Directional Candle This indicator analyzes all candles from the past month (30 days) on the current timeframe, identifying at which exact time (hour and minute) bullish or bearish candles occur most frequently. Based on this data, it emits real-time BUY (CALL) or SELL (PUT) signals whenever the behavioral repetition reaches the configured percentage. The statistical logic is based on exact hour and minute . For example, if at 14:15 over the last 30 day
A gap is a space on the chart between two consecutive candlesticks where no trading occurred between the close of one candle and the open of the next. In the Forex market, gaps mainly appear at the weekly open, reflecting events or expectations from the weekend. Technically, a gap may indicate an imbalance between supply and demand. Strategies use gaps as signals of possible trend continuation or reversal, offering opportunities for technical analysis based on liquidity and momentum.
` SMS MOMENTUM SR ARROW | Precision in Momentum and Support/Resistance`
` Overview: A Convergence of Momentum and Key Levels`
The SMS MOMENTUM SR ARROW indicator is a specialized technical tool designed for traders who base their strategies on the critical interplay between momentum shifts and significant support/resistance (S/R) levels. This indicator operates on a clear, two-stage logic: first, it identifies a genuine momentum reversal using a refined oscillator-based calculation; se
Technical Description of the Indicator – Delta Profile for MetaTrader 5 The Delta Profile is an indicator developed for MetaTrader 5 focused on detailed analysis of volume flow within a defined range of candles. It organizes and displays information about the imbalance of positive volumes (associated with upward movements) and negative volumes (associated with downward movements) at different price levels. The result is a clear view of the chart points where the highest concentration of trades o
The indicator SR POC VOLUME for MetaTrader 5 is designed to identify, cluster, and visualize Points of Control (POCs) derived from candle data over a configurable lookback period. Its goal is to provide a structured way to recognize areas of support and resistance based on accumulated volume activity and delta distribution, allowing traders to better understand where significant market interest has formed. Core Functionalities POC Calculation The indicator calculates a POC for each candle within
The indicator simply delivers a large number of consecutive wins by issuing signals in which you can determine the start time and end time in the settings where the signals should begin and stop being issued, thus allowing it to be used in automation programs to perform automatic trades. ️ It can be used in multiple timeframes, recommended in 1 minute, 5 minutes, 15 minutes. Trading mode > For the same candle in which the signal occurs.
️ The signal occurs at the beginning of the current
The indicator provides signal emission by performing probability calculations. It reads the context of the day based on the start and end times set by the user for data reading and signal emission. At certain moments it will confirm the signal with a symbol above or below the candle, meaning the signal may be even stronger due to real-time changes at the moment of signal emission. The text signal located in the upper right corner demonstrates the strength of the signal in the current