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The indicator Supply Demand RSJ PRO calculates and plots the "Supply" and "Demand" zones on the graph, identifying the type of Zone (Weak, Strong, Verified, Proven) and in case of retests of the Zone it shows how many times it was retested. "Supply" Zones are the price zones where more supply than demand has occurred, driving prices down. "Demand" Zones are the price zones where more demand than supply has occurred, pushing prices up. Be sure to try our professional version with
This indicator sums up the difference between the sells aggression and the buys aggression that occurred in each Candle, graphically plotting the waves of accumulation of the aggression volumes. Through these waves an exponential average is calculated that indicates the direction of the business flow. Note: This indicator DOES NOT WORK for Brokers and/or Markets WITHOUT the type of aggression (BUY or SELL). Be sure to try our Professional version with configurable
Pivot Point Fibo RSJ is an indicator that traces the support and resistance lines of the day using Fibonacci rates. This spectacular indicator creates up to 7 levels of support and resistance through Pivot Point using Fibonacci rates. It is fantastic how the prices respect each level of this support and resistance, where it is possible to perceive possible entry/exit points of an operation. Features Up to 7 levels of support and 7 levels of resistance Set the colors of the levels individually
The Weis Waves RSJ Indicator sums up volumes in each wave. This is how we receive a bar chart of cumulative volumes of alternating waves. Namely the cumulative volume makes the Weis wave charts unique. It allows comparing the relation of the wave sequence characteristics, such as correspondence of the applied force (expressed in the volume) and received result (the price progress). If you still have questions, please contact me by direct message:
VWAP Fibo Bands RSJ is an indicator that traces the lines of the daily VWAP and from it creates bands using Fibonacci proportions. This spectacular indicator creates 10 band levels through the selected VWAP period using Fibonacci ratios. It is fantastic how the prices respect each level of the bands, where it is possible to realize that almost every time the price closes above / below a level of the bands he will seek the next one. If close above will seek to reach the level above and if close
Setup Tabajara was created by a Brazilian trader known as "The OGRO of Wall Street" . The idea of this setup is to indicate to the trader the current trend of prices and the type of operation should be looked for in the graph. Operation It does this through the positioning of the closing of the candles and the vwap until 10:40am and after by the arithmetic mean of 20 periods painting the candles in 4 possible colors: Green -> Price rising in upward
Candle Timer Countdown displays the remaining time before the current bar closes and a new bar forms. It can be used for time management. MT4 version here! Feature Highlights Tracks server time not local time Configurable Text Color and Font Size Optional Visualization of the Symbol Daily Variation Optimized to reduce CPU usage Input Parameters Show Daily Variation: true/false Text Font Size Text Color If you still have questions, please contact me by direct message:
Candle Counter is an indicator that prints the number of candles from the first candle of the day . The first candle of the day will be the number 1 and each new candle will be increased by 1 in this count. Input Parameters Choose from even, odd or all Distance from candle to Print the number Text Font Size Text Font Color If you still have questions, please contact me by direct message: https://www.mql5.com/en/users/robsjunqueira/
VWAP RSJ is an indicator that plots the Hourly, Daily, Weekly and Monthly VWAP Lines. Large institutional buyers and mutual funds use the VWAP ratio to help move into or out of stocks with as small of a market impact as possible. Therefore, when possible, institutions will try to buy below the VWAP, or sell above it. This way their actions push the price back toward the average, instead of away from it. Based on this information I developed this indicator that combines 4
RENKO PRICE ACTION ATR is an "Expert Advisor" developed through the construction of the Renko Chart where each BRICK has the size calculated through the ATR of the period selected by the user. Renko charts are designed to filter out minor price movements, thus making it easier for traders to focus on important trends. Due to its efficiency in detecting price trends, it is also possible to clearly identify supports and resistances as well as top and bottom divergences, thus making better use of
This indicator calculates the difference between the SELL aggression and the BUY aggression that occurred in each Candle, plotting the balance of each one graphically. Note: This indicator DOES NOT WORK for Brokers and/or Markets WITHOUT the type of aggression (BUY or SELL). Be sure to try our Professional version with configurable features and alerts: Delta Agression Volume PRO Settings Aggression by volume (Real Volume) or by number of trades (Tick Volume) Start of
This simple indicator paints with a darker color on the volume bar when the quantity traded is above the average of select number of periods of the volume itself, highlighting the moments when there was a large volume of deals above the average. It is also possible to use a configuration of four colors where the color tone shows a candle volume strength. The indicator defaults to the simple average of 20 periods, but it is possible to change to other types of averages and periods. If you like
Setup Tabajara was created by a Brazilian trader known as "The OGRO of Wall Street" . The idea of this setup is to indicate to the trader the current trend of prices and the type of operation should be looked for in the graph. Operation It does this through the relation of the closing price position and the of 20 periods, by painting the candles in 4 possible colors : Green -> Price rising in upward trend (Search entry points for PURCHASE)
MACD Intraday Trend is an Indicator developed through an adaptation made of the original MACD created by Gerald Appel in the 1960s. Through years of trading it was observed that by changing the parameters of the MACD with Fibonacci proportions we achieve a better presentation of the continuity of the trend movements, making that it is possible to more efficiently detect the beginning and end of a price trend. Due to its efficiency in detecting price trends, it is also possible
