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Binary Wave Advance

Update 2.2: Added MFI with predictive mod. Updated all indicators to reflect similar values, to combine multiple ones to rest well on overbought/oversold lines.
Update 2.3: Minor bug fixes.
Update 2.4: Removed buggy indicators DeMarker, and MACD, as it was too complicated and not as accurate as the rest due to it's nature. Added Awesome Oscillator. removed spreads, as it bogged the indicator down. Added other features, like indicator value compensators to match each other's levels when combined.
Update 2.5: Added Stochastic Oscillator. Added Compensation factors to all indicators. Added ability to change Signal MA Methods for all indicators. Added smoothing to a few. A bit more complicated, unless you approach each indicator then combine.

Free for a limited time!

Here's a link to the Reddit post I made to form a community to share ideas on.

Binary Wave indicator that uses what I think are the most reliable combination. I have also changed the way the 2 of the indicators work individually to have a predictive behavior: changing the Signal period on MACD and Chariots(Bears and Bulls) Power will slightly alter this ability. 5 seems to be the period with diminishing returns on faster Timeframes. I have noticed that over a period of 100 trades on the M1 chart, this could save me losing 1 pip per trade, so 100 pips. on the M30 chart it's about 8-10 pips per trade extra at the 0 cross over line.  I also changed the code in ADX and DeMarker to be Linear Weighted, not Exponential or Simple. 

You can smooth the Main Binary Wave and choose between Simple or Linear methods. You can also do the same for the Signal liine.

I plotted the ADX main line separately (the DI_ and DI+ are still calculated into the Wave) on the chart so you can use a single chart for Volume, Force, Range, Trend, Strength etc, so there's no need for a separate ADX chart.

Things I have noticed using this indicator: When going up to slower time frames, the volume calculated per bar is multiplied greatly, and the weight on Volume affected indicators will need to be dropped, or the levels adjusted(The ADX line becomes nonexistent-ly small so a separate ADX chart might be useful.)

I've improved MACD functionality by making both the Fast and the Slow periods independent of each other, or Slow follows fast, like dropping a second MA on a chart and changing it's price to "Previous Indicator" value. You can also change the MA method for both, and the price for both if Signal is set to Independent.

How you could use this indicator:
The ADX level remains on chart, regardless of weight multiplier value. You could use the other indicators stand alone, and still have that ADX threshold to help on a single chart. You could combine a few of your favorite indicators, too. You can use the basic Binary principle of the cross over of the Zero line, or use cross over of the Wave over the Signal.  The signal line can be given a large period and used to determine trend direction, strength depending on distance from the Wave/main line. Also, when the ADX line is above a certain level, that's a good signal. But it's an even better signal when it starts to drop back down. The Wave is bound to cross over the Signal at any moment after that. (look at logo for example!). Update 1.2 includes a signal for easier spotting.

Indicators Available to mix and match:

  • ADX (Average Directional Index) - Linear Weighted ADX main mod and Predictive mod
  • Awesome Oscillator - predictive mod
  • CCI (Commodity Channel Index) - Predictive mod  and Smoothing mod
  • Chaikin Oscillator - Predictive mod
  • Force Index - Predictive mod and Smoothing mod
  • MFI (Money Flow Index) - Predictive mod and Smoothing mod
  • RSI (Relative Strength Index) - Predictive Math Mod and Smoothing mod
  • Stochastic Oscillator - Predictive mod
  • TRIX (Triple Exponential Average) - Predictive mod

Thank you and good luck on your quest, traveler/trader! May the Triforce be with you.


additional keywords: level levels  reversal signal oscillator pivot moving average ma sma smma ema dema tema smoothing smooth simple the most awesome indicator, ever. USD JPY XAU gold silver GBP EUR.


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** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly, this Winner in
TrendMaestro5
Stefano Frisetti
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
Golden Spikes Premium
Kwaku Bondzie Ghartey
Golden Spikes Detector Acknowledgement and Dedications:  The name of this indicator was Inspired by an Original; Mr Grant Koopman; a Knowledgeable and experienced Synthetics trader. I dedicate this indicator to Mr Grant.  Overview: The Golden Spikes Premium is a groundbreaking trading indicator meticulously crafted for the Boom and Crash indices on the Deriv market. Tailored to meet the needs of discerning traders, this powerful tool operates exclusively on the one-minute timeframe, providin
Difícil de encontrar y escasa en frecuencia, las divergencias son uno de los escenarios comerciales más confiables. Este indicador busca y escanea las divergencias regulares y ocultas automáticamente usando su oscilador favorito. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Fácil de comerciar Encuentra divergencias regulares y ocultas Admite muchos osciladores bien conocidos Implementa señales comerciales basadas en rupturas Muestra n
MetaForecast M5
Vahidreza Heidar Gholami
5 (2)
MetaForecast predice y visualiza el futuro de cualquier mercado basándose en las armonías de los datos de precios. Aunque el mercado no siempre es predecible, si existe un patrón en el precio, MetaForecast puede predecir el futuro con la mayor precisión posible. En comparación con otros productos similares, MetaForecast puede generar resultados más precisos al analizar las tendencias del mercado. Parámetros de entrada Past size (Tamaño del pasado) Especifica el número de barras que MetaForecas
Trend Hunter MT5
Andrey Tatarinov
4 (2)
Trend Hunter es un indicador de tendencias para trabajar en los mercados Forex, criptomonedas y CFD. Una característica especial del indicador es que sigue con confianza la tendencia, sin cambiar la señal cuando el precio perfora ligeramente la línea de tendencia. El indicador no se vuelve a dibujar; aparece una señal para ingresar al mercado después del cierre de la barra. Al avanzar a lo largo de una tendencia, el indicador muestra puntos de entrada adicionales en la dirección de la tendenc
PZ Swing Trading MT5
PZ TRADING SLU
5 (4)
Swing Trading es el primer indicador diseñado para detectar oscilaciones en la dirección de la tendencia y posibles oscilaciones de reversión. Utiliza el enfoque de intercambio de línea de base, ampliamente descrito en la literatura comercial. El indicador estudia varios vectores de precios y tiempos para rastrear la dirección de la tendencia agregada y detecta situaciones en las que el mercado está sobrevendido o sobrecomprado y listo para corregir. [ Guía de instalación | Guía de actualización
FX Trend MT5
Daniel Stein
4.63 (32)
¿Quieres convertirte en un trader de 5 estrellas constantemente rentable? 1. Lee la descripción básica de nuestro sencillo trading sistema y y su mayor actualización de estrategia en 2020 2. Envíe una captura de pantalla de su compra para obtener su invitación personal a nuestro exclusivo chat de trading Tendencia Forex Muestra la dirección de la tendencia, la duración, la intensidad y la calificación de la tendencia resultante para todos los marcos temporales en tiempo real. De un solo vist
Easy By Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. My othe
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Triple TRIX
Nicholas C Weber
Three Triple Exponential Average oscillators merged into one. Fast period will pull on the slower period, and the slower will smooth out the faster and avoid early positions. You can use 2 fast and 1 slow, or Fibonacci range or 2 slow, 1 fast. NOW FREE. But please consider supporting me by buying my 2 for sale indicators. You can use this as an entry indicator and exit indicator. Open when the tripleTRIX line crosses the zero line and close when it starts to reverse. When the peaks get bigger,
TVf Channel
Nicholas C Weber
I really like this indicator. But I made it, so of course I would.. NOW FREE. But please consider supporting me by buying my 2 for sale indicators. You can multiply the weight of each indicator used to give more emphasis on it's value when averaging between the 3. Boost fast TEMA and it can move the indicator faster. Boost slow FrAMA and watch it smooth out. I like to use them as open/close lines and set them up so they move quick, but have the FrAMA smooth it out more.  Check out my other ind
This is 3 pre-filtered CCI, Commodity Channel Index, indicators pre-filtered by your choice of 3 Smoothing and/or Averaging methods. I have found certain settings to be very reliable and I plan to incorporate this into an Expert Advisor in the future. I have added a new form of Averaging: Smoothed TEMA, or Triple Smoothed EMA, Exponential Moving Average. It gives less noise than the TEMA, but provides the smoothing of the Double Smoothed EMA, so it should be a slight bit quicker. PLEASE Download
Update 2.0: Added the option to change LWMA to the other 3 basic MA modes. I also added Smoothing to it, to tame it a bit. You can input 1 as smoothing period and no smoothing will be applied. Update 2.1: Removed Trend Typical Open/Close as is was the same behavior as Trend Open/Close. Trend follow works by averaging the high/low with close/open. If Close is above Open, Trend Close = Close+High/2, averaging between close and high, and when Close drops below Open, it's calculation automatically
This is a Lite version of my Binary Wave Advance Oscillating indicator:  https://www.mql5.com/en/market/product/90734 Free for a limited time! It reduces the less useful indicators, while keeping it's predictive modifications to make each indicator within better than their stock counter part. I reduced it and made it simpler, in the hopes it would be less overwhelming and more approachable. Contains: ADX Chaikin Money Flow Index Each have separate smoothing controls to tame faster periods, as we
This is similar in it's idea as the Binary Advance/Lite indicator, but this is intended to use as a levels indicator, as well as trend reversal and how ranging the market is. It takes several useful indicators and combines them in such a way as to declutter your charts, yet prove even more useful together, than separate. RSI, RVI, DeMarker, MACD are added together then multiplied by ATR and StdDev to reveal multiple factors: How far the price has changed, and as the price slows down and reverses
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Versión 2.5 2022.12.24
Update 2.5: Added Stochastic Oscillator. Added Compensation factors to all indicators. Added ability to change Signal MA Methods for all indicators. Added smoothing to a few. A bit more complicated, unless you approach each indicator then combine.
Versión 2.4 2022.12.23
Update 2.4: Removed buggy indicators DeMarker, and MACD, as it was too complicated and not as accurate as the rest due to it's nature. Added Awesome Oscillator. removed spreads, as it bogged the indicator down. Added other features, like indicator value compensators to match each other's levels when combined
Versión 2.3 2022.12.21
Update 2.3: Minor bug fixes.
Versión 2.2 2022.12.21
Update 2.2 Added MFI(Money Flow Index) with predictive signal calculation. Updated each individual indicator to reflect similar values as the rest, so when you combine multiple ones, one is not making the overbought/oversold line change drastically(as best as I could get them to relate). Higher timeframes still need tweaking.

MAJOR update for 2.2: I've figured out how to create dynamically adjusting periods for all the individual indicators based on a fast ATR period. Each indicator is weighed differently by this ATR and the ratios have been optimized for the M5 and M15 charts at ATR(3). Where before, you had a sweet spot for certain market environments, now it adapts.
Versión 2.1 2022.12.20
Update 2.1: I fixed the Wave to be hard limited at 100 and -100, because when you go up higher timeframes, the increased volume numbers would multiply the Wave's size.
Versión 2.0 2022.12.20
Update 1.3 & 2.0: I updated a few of the indicators' code and made more of them act like predictive Binary waves, true to the namesake. No more lagging to cross over that ZERO line yeah!!! I added and subtracted features. You can subtract a $ from the ADX line, so the Zero level on the chart window is the desired threshold level. I also added a Spread Filter, where you can filter out a non liquid market to avoid mistakes. click the link to reddit post to see example screenshots, as I can only post small images on the product description.
Versión 1.2 2022.12.13
1.2 Added a signal to ADX to show trend strength reversals
Versión 1.1 2022.12.13
1.1 TRIX added.