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Wall of worry

Description:

The Wall of Worry indicator allows you to assess market sentiment and possible reversals. The indicator represents three lines that are displayed in a separate window.

Black line (trend) - the amount of volumes in the candle body.

Red line (bears) - the amount of volumes in the upper shadow of the candlestick.

Blue line (bulls) - the amount of volumes in the lower shadow of the candle.

The idea is based on "Wall of Worry" - this is the periodic tendency of financial markets to overcome many negative factors and continue to grow.

The indicator is calculated based on tick volumes in the terminal. Then they are converted into horizontal volumes, then the lines themselves are calculated.

Input parameters:

Display_Bars = 500 - the number of displayed bars (at 0, all are displayed, but not always because it depends on the depth of history).
MAPeriod = 10 - period for calculating the moving average
Accuracy = 20 - calculation accuracy. The higher, the more accurate, but at the same time the load on the processor increases.

It can be used to determine:

- trend direction;

- identification of potential reversal points;

- the prevalence of market sentiment.


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Daniel Stein
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Obtenga su actualización diaria del mercado con detalles y capturas de pantalla a través de nuestro Morning Briefing aquí en mql5 y en Telegram ! FX Volume es el PRIMER y ÚNICO indicador de volumen que proporciona una visión REAL del sentimiento del mercado desde el punto de vista de un bróker. Proporciona una visión impresionante de cómo los participantes institucionales del mercado, como los brokers, están posicionados en el mercado Forex, mucho más rápido que los informes COT. Ver esta info
Antes que nada, vale la pena enfatizar que este Sistema de Trading es un Indicador No Repintado, No Redibujado y sin Retardos, lo que lo hace ideal para el trading profesional. El "Sistema de Trading de Soporte y Resistencia Inteligente" es un indicador avanzado diseñado para traders nuevos y experimentados. Empodera a los traders con precisión y confianza en el mercado de divisas. Este sistema integral combina más de 7 estrategias, 10 indicadores y varios enfoques de trading, incluyendo estr
Otros productos de este autor
Keep Calm
Illia Zhavarankau
Detailed article about the work of the advisor . The strategy is based on technical analysis. It is based on the technical signal divergence. Divergence is searched for using the MACD oscillator and the Price deviation MA indicator. The main feature is the consistency and stability of the strategy, which is confirmed by 20 years of history tests. Advantage: multicurrency. The Expert Advisor is suitable for any instrument, while launching 15-20 instruments and preferred timeframes on one chart at
Better Volumes
Illia Zhavarankau
Description: The indicator of tick volumes Better Volumes allows you to assess the general mood of the market and quite accurately catch the moments of the formation of large movements. The indicator is a color histogram in an additional window. In the calculation of Better Volumes the Price Action combinations are taken into account, the values of the volumes with the height of columns and color marking are displayed. Input parameters: Display_Bars - the number of displayed bars (at 0, all are
Least Square MA
Illia Zhavarankau
Least Square MA   Description: The Least Square Moving Average indicator allows you to assess the direction of the market movement and its possible reversals. The indicator is a line that is displayed in the price window. Input parameters: LSMA_Period - the period for calculating the moving average using the least squares method; Prediction - the number of candles used to construct the predicted moving average using the least squares method, provided that its rate (falling or growing remains); D
Desviación del precio de MA El indicador en una ventana separada muestra el valor de la desviación del precio (%) del valor especificado de la media móvil. Se puede utilizar tanto para fijar posiciones como para abrir nuevas posiciones. Parámetros de entrada: 1. El período de promedio para el cálculo de la media móvil. 2. Método de promediación. Puede ser cualquiera de los valores ENUM_MA_METHOD: MODE_SMA - Promedio simple; MODE_EMA - Promedio exponencial; MODE_SMMA - Promedio suavizado; MODE_LW
Description: The indicator of tick volumes Better Volume MT5 allows you to assess the general mood of the market and quite accurately catch the moments of the formation of large movements. The indicator is a color histogram in an additional window. In the calculation of Better Volume MT5 the Price Action combinations are taken into account, the values of the volumes with the height of columns and color marking are displayed. Input parameters: MAPeriod - period for calculating the moving average
Least Square MA Description: The Least Square Moving Average indicator allows you to assess the direction of the market movement and its possible reversals. The indicator is a line that is displayed in the price window. Input parameters: LSMA_Period - the period for calculating the moving average using the least squares method; Prediction - the number of candles used to construct the predicted moving average using the least squares method, provided that its rate (falling or growing remains); Dis
Description: The Wall of Worry indicator allows you to assess market sentiment and possible reversals. The indicator represents three lines that are displayed in a separate window. Black line (trend) - the amount of volumes in the candle body. Red line (bears) - the amount of volumes in the upper shadow of the candlestick. Blue line (bulls) - the amount of volumes in the lower shadow of the candle. The idea is based on "Wall of Worry" - this is the periodic tendency of financial marke
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Versión 1.1 2021.09.16
Исправлены некоторые опечатки, оптимизирован код индикатора.