The Dynamic Support/Resistance indicator for MetaTrader. Automatically adjusts to any timeframe. It is intended for trading within a channel or on a breakthrough of a channel. Used in the VIP Synergy 3.0 automatic trading system.
Japanese candlestick indicator This indicator is created to simplify the search of reversal patterns using Japanese candlestick analysis. It marks the reversal patterns on the chart. When pointing on the object, it shows a tooltip with pattern description. The indicator can find the following patterns: Gray - Hanging Man or Hammer; Red - Bullish engulfing; Lime - Bearish engulfing; Indigo - Doji; Lime - Dark Cloud Cover.
The VIP Consolidation Price indicator displays the price consolidation areas (a large gathering of sellers and buyers). If these areas are broken through, with a high probability the price will continue to move in the selected direction. The wider the price consolidation area, the higher the probability that the price will not return to the opposite boundary of the price consolidation channel after a breakthrough of the boundaries. The narrower the area, the higher the probability that price wil
This scalper indicator shows the moments, when you can safely earn 10 point profit with risk only 2 points. It allows greatly increase the deposit during the day, if properly money management used.
The indicator has only one input parameter - number of bars, used for the calculation of trend. When the signal appeared, place pending order at the price, 2 points higher than the current price (for buy) or 2 points lower current price for sell. Stop Loss - 2-3 points; Take Profit - from 10 ponts; R
The indicator shows the bars of trading session. In contrast with conventional Japanese candles, it shows the averaged (smoothed) candles, it's very important, because of the high volatility of currency markets.
VIP_HeikenAshi works slower than Japanese candlesticks (because of the lag) and protect us from false entry signals.
Red candles with shadows . The downward trend is starting to wane. It's better to close short positions. Red candles without shadows. Strong downward trend, i
Expert Advisor is based on Williams' Percent Range indicator. The Expert Advisor is profitable on higher timeframes even without optimization.
Settings Expert: VIP_WPR Symbol: EURUSD Period: Daily (2011.01.01 - 2011.11.29) Inputs: Expert_Title=VIP_WPR