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RCI 3 Lines

3

RCI is one of the technical charts and is an abbreviation that stands for "Rank Correlation Index". It is an index to judge overbought or oversold based on how much the latest stock price has risen or fallen. RCI ranks dates and prices over a period of time and indexes the correlation between -100% and + 100%. For example, if the calculation period is 9, it will be + 100% if the price continues to rise for 9, and -100% if the price continues to fall for 9. Generally, it is judged that it is overbought at + 80% or more and oversold at -80%.


Comentarios 2
vista_vz
41
vista_vz 2021.05.16 21:06 
 

thank you sir nice indicator...it seems so good...can you pls make it for mt5 too??

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El indicador de reversión de ADR le muestra de un vistazo dónde se cotiza actualmente el precio en relación con su rango diario promedio normal. Recibirá alertas instantáneas a través de una ventana emergente, correo electrónico o push cuando el precio exceda su rango promedio y los niveles por encima de su elección para que pueda saltar rápidamente a retrocesos y reversiones. El indicador dibuja líneas horizontales en el gráfico en los extremos del rango promedio diario y también extensiones p
Wolfe Wave Scanner
Jalitha K Johny
5 (1)
Wolfe Waves scanner - It scans all the Symbols and identify the movement of price and it gives confidence in trade. It automatically plots  fifth wave breaks out of the channel. According to the theory behind the pattern, a line drawn from the point at the beginning of the first wave and passing through the beginning of the fourth wave predicts a target price for the end of the fifth wave. If a trader properly identifies a Wolfe Wave as it forms, the beginning of the fifth wave represents an op
on free demo press zoom out button to see back.. cnt number is bar numbers.you can change up to 3000 related to chart bars numbers. minimum value is 500. there is g value set to 10000. no need to change it. this indicator almost grail,no repaint and all pairs ,all timeframe indicator. there is red and blue histograms. if gold x sign comes on red histogram that is sell signal. if blue x sign comes on blue histogram that is buy signal. this indicator on thise version works all pairs.al timeframe
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TD Combo MS
Masashi Shimamoto
5 (2)
This indicator's formula is quoted from that [NEW MARKET TIMING TECHNIQUES] by Thomas R. DeMark It consists of setup phase & countdown phase. But not Intersection & TDST. Countdown starts from the first of setup bar. It shows setup count number under the price & countdown number above the price on charts. SETUP: For buy first of setup bar; Close(4 bars ago)> Close(current)&Close(4 bars ago)< Close(previous bar). For sell first of setup bar follows opposite process. From the second bar; Close(4 b
FREE
This indicator judges current trend, with Linear regression and the angle. Each parameters setting contents below. Period                    Period from current Angle                     The angle of judging the trend Width of Lines        Width of Linear regression lines* Font size                Font size of display text Lines&Text colour   Colour of display lines and test * This parameter judges that if lines spreads too wide, there is no trend.
FREE
Forex can be traded 24 hours a day on weekdays. The reason is that Forex is an investment product that targets foreign currency trading. Some foreign exchange market is always moving due to the time difference. New York, London, Tokyo, Hong Kong, Singapore, etc. Therefore, it is possible to trade almost 24 hours a day. Financial institutions are closed on Saturdays and Sundays on weekends, so Forex trading is not possible, but in reality, the exchange rate is moving slightly. The reason is
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ThorstenKock
2584
ThorstenKock 2021.05.31 21:03 
 

Absolutely useless in live trading. No one needs this indicator. It's a worthless loss bringer. Don't waste your time on it

vista_vz
41
vista_vz 2021.05.16 21:06 
 

thank you sir nice indicator...it seems so good...can you pls make it for mt5 too??

Masashi Shimamoto
2499
Respuesta del desarrollador Masashi Shimamoto 2021.05.17 20:42
Thank you for the review. I'm sure I'll make it for MT5 when I have some time.
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