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PipTick Effort Index MT4

PipTick Effort Index indicator is based on the work of Karthik Marar, volume spread analysis trader. It compares the change in price (Result) to the size of volume (Effort) for a certain period of time. By comparing the effort and result we can get more information about the future price movement. Both values are normalized and converted to scale of 0-100% based on a selectable look back period.

The law of effort and result

The law of effort vs. result states that the change in price of a trading vehicle is the result of an effort expressed by the level of volume and that harmony between effort and result promotes further price movement, while lack of harmony promotes a change in direction.


Main features

  • The indicator compares the change in price (Result) to the size of volume (Effort)
  • Works on every timeframe (M1, M5, M15, M30, H1, H4, D1, W1 and MN)
  • Ready for backtesting (customizable Sessions_Back)
  • Customizable parameters (Colors, Line thickness...)
  • Very fast calculation
  • Available for MetaTrader 4 and MetaTrader 5


Inputs

  • Volume_Method - choose between real and tick volume
  • Effort_Index_Period - indicator period
  • MA_Method - choose between SMA, SMMA, LWMA and EMA
  • MA_Period - MA calculation period
  • Line_Thickness - output line thickness
  • Histogram_Thickness - output histogram thickness
  • Color_Average - average histogram color
  • Color_Result - price histogram change color
  • Color_Effort - volume histogram color


Outputs parameters

  • Result - price histogram change value
  • MA_Result - average price change value
  • Effort - volume histogram value
  • MA_Effort - average volume value
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Trendlines  are the most essential tool of technical analysis in forex trading.  Unfortunately, most  traders don’t draw them correctly. Automated Trendlines indicator is a professional tool for serious traders that help you visualize the trending movement of the markets . There are two types of Trendlines Bullish Trendlines and Bearish Trendlines. In the uptrend, Forex trend line is drawn through the lowest swing-points of the price move. Connecting at least two "lowest lows" will create a
99 USD
TrendfollowerSR
Paul Reymkhe
                     B ULL B EAR I NNOVATION                ⚜️ Technology To Success ⚜️   Correct identification of the trends in stock investments are pivotal and TrendFollowerSR ensures this perspective while displaying the correct trend on multiply timeframes to help you go long way as much as possible. The latest technology of the Indicator enables to track whether if a certain trend has just begun ,
119 USD
US30 Autopilot 3D
Jw Donerson Iii
THIS INDICATOR WORKS ON ALL BROKERS EXCEPT COINEXX..CLICK HERE FOR IF YOU HAVE COINEXX https://www.mql5.com/en/market/product/43644 The 3D Bank Time Autopilot indicator is a game changer and there is nothing else like it.  It measures market sentiment, volume and momentum to give you the most accurate price points to trade.  We utilized this indicator when the stock market and the US bank opening to trade US30.  There are set rules to follow and nothing is 100% but we have around a 97% accuracy
99.99 USD
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PipTick VWATR MT4
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PipTick Volume
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PipTick VWAP MT4
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PipTick Pairs Spread indicator has been developed for the very popular strategy known as pairs trading, spread trading or statistical arbitrage. This indicator measures the distance (spread) between prices of two directly (positively) correlated instruments and shows the result as a curve with standard deviations. So, any trader can easily identify when the instruments are too far apart and use this information for trade opportunity. How to Use? The best results are obtained when the trade is
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PipTick Volume Delta MT4
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PipTick Bar Timer MT4
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PipTick Bar Timer indicator displays an advanced bar countdown timer on a chart. This study indicates the remaining time for the last bar on the chart. Main features The indicator shows remaining time for the last bar in the chart Alert notifications for a new bar Works on every timeframe (M1, M5, M15, M30, H1, H4, D1, W1 and MN) Customizable parameters (Colors, Text size, Visibility...) Ideal tool for all kinds of trading (scalpers, intraday traders...) Very fast calculation Available for Met
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PipTick OHLC MT4
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PipTick Retracement MT4
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PipTick Basket MT4
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PipTick Grid Trader MT4
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PipTick Bid Ask Volume MT4
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PipTick Bid-Ask Volume indicator is a tool that needs every scalper and intraday trader. It uses a special algorithm to determine the activity of buyers and sellers and displays it in the form of histogram. With this feature, the trader can easily compare the level of aggression on the part of buyers and sellers and read the context of the market. As we all know, the forex market is decentralized and therefore we do not have a reliable information about real volume. We also do not know actual an
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