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Expert Advisors et indicateurs pour MetaTrader 4 - 330
If the direction of the market is upward, the market is said to be in an uptrend ; if it is downward, it is in a downtrend and if you can classify it neither upward nor downward or rather fluctuating between two levels, then the market is said to be in a sideways trend. This indicator shows Up Trend (Green Histogram), Down Trend (Red Histogram) and Sideways Trend (Yellow Histogram). Only one input parameter: ActionLevel. This parameter depends of the length of the shown sideways trend.
Discrete Trend determines the dominant trend. The innovative algorithm allows the indicator to automatically adapt to any timeframe and currency pair completely eliminating the need for manual adjustments. The indicator works on bar closings. Thus, it is advisable to consider signals on the already formed candles. The product can be used both as a filter and as a main indicator.
If you like candle patterns you should be aware of their mutability. Shift the time axis by a fraction of a single bar, and you'll see completely different figures. But this fraction can be just a valid GMT offset from another time zone, and these new candle patterns should work in the same way as the ones from your timezone do. This indicator builds candle bars with open times shifted in future. It takes your major period into consideration, but creates bars starting with a specified offset, so
MA_Angle calculates the angle value between MA line and horizontal line at every bar on the main chart. Suppose that there is a bar number n . MA line is specified by a line segment (view the screenshots below, that is the Red line connecting MA point value at bar n and bar number n+1 ). This indicator shows you the strength of the market trend (up or down). You can customize how angle is displayed by "alertAngle" parameter (view the screenshots below). The default angle value is 30 degrees. It
The alerting system for the MetaTrader 4 platform 'Two Moving Average Message' consists of two moving average lines with individual parameters. The indicator can generate alerts ( AlertMessage )б display a comment in the upper left corner of the main chart window ( CommentMessage ), send notifications to the mobile terminal version ( MobileMessage ), send emails ( GmailMessage ) and play two different sounds at the intersection of lines upwards or downwards. Parameters Language – choose language
The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator with its divergences. See the example shown in the picture below. But the display isn't like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx divergences indicator: Select the timeframes to be displayed (M1 to Monthly). Define the width (number of bars) for each ti
The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator with its divergences. See the example shown in the picture below. But the display isn't like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx divergences indicator: Select the timeframes to be displayed (M1 to Monthly). Define the width (number of bars) for each ti
This indicator is a visual combination of 2 classical indicators: Bulls and MACD. The main idea behind the MACD is that it subtracts the longer-term moving average from the shorter-term moving average. This way it turns a trend-following indicator into the momentum one and combines the features of both. Usage of this indicator could be the same as both classical indicators separately or combined. Input parameters: BullsPeriod = 9; maMethod = MODE_SMA; ENUM_MA_METHOD maPrice = PRICE_CLOSE; ENUM
This is a multicurrency indices cluster indicator with extended functionality. It displays linear changes in relative value of tickers and currencies on annual, monthly, weekly basis. It calculates the values in the same way as CCFpExtra does, but does not use moving averages. Instead, all numbers are compared to an initial value at some point in history, for example, at beginning of a year, a month, or a week. As a result, one may see exact changes of values, and apply traditional technical ana
The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator with its divergences. See the example shown in the picture below. But the display isn't like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx divergences indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each tim
The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator with its divergences. See the example shown in the picture below. But the display isn't like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx divergences indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each tim
The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator with its divergences. See the example shown in the picture below. But the display isn't like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx divergences indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each tim
If you like trading by candle patterns and want to reinforce this approach by modern technologies, this indicator and other related tools are for you. In fact, this indicator is a part of a toolbox, that includes a neural network engine implementing Self-Organizing Map (SOM) for candle patterns recognition, prediction, and provides you with an option to explore input and resulting data. The toolbox contains: SOMFX1Builder - a script for training neural networks; it builds a file with generalize
If you like trading by candle patterns and want to reinforce this approach by modern technologies, this indicator and other related tools are for you. In fact, this indicator is a part of a toolbox, that includes a neural network engine implementing Self-Organizing Map (SOM) for candle patterns recognition, prediction, and provides you with an option to explore input and resulting data. The toolbox contains: SOMFX1Builder - a script for training neural networks; it builds a file with generalized
The indicator shows support and resistance levels on the chart.
Features: It shows support and resistance levels for the last 12 months. Shows the High and the Low of the last week. Shows the "MA 200" value. Shows gaps with a preset filter.
The indicator settings: ShowMA200 – show/hide the MA 200 value. ColorMA200 – the MA 200 line color. LineStyleMA200 - MA 200 line style. LineWidthMA200 - MA 200 line width. ShowMonth - show/hide support/resistance levels. ColorMonthL – line color. LineStyleM
Trades Viewer is a trading helper app for a serious trader. It offers several important data like day range, 22 days average range and predefined PL. It draws trades history and current open positions on a chart. It has a detail panel for viewing a particular trade with just a click on that trade. All these make it very convenient and straightforward to view your entry/exit positions and thus improve your trading system.
Features Profit/loss of the current symbol, counting all trades of the sym
The Expert Advisor opens orders at the points of possible price reversal using repeated entries (adding to a position). Parameters for repeated entries (volume, price and time) are set by the functions. Function equations are integrated into the EA. Only initial parameters and equation type should be selected for optimization. Features By selecting different combinations of parameters and equations integrated into the EA, you can create its varieties that are quite different in their trading
This is an easy to use indicator based on multitimeframe cluster analysis of specified currencies. It provides simple yet powerful signals for trading and gives numerical measures of signal strength in percentage value. After placing the indicator on a chart, it displays a table with the following structure: all symbols with currently available opportunities to trade are listed in rows, and trading strategies are listed in columns as short-term (hours), mid-term (days), and long-term (weeks) tra
Trade Report Pro is an EA that create professional graphic report of your trade history automatically and manually. It also send notification to your mobile or email once your account balance changed. Reports are saved by HTML and CSV format, while opening a quick summary report window inside MT4. Note: Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/5054 .
Followings are highlight features: Report with full and professional statistics, which is better than
This indicator is a visual combination of 2 classical indicators: Bears and MACD. Usage of this indicator could be the same as both classical indicators separately or combine. Input parameters: input int BearsPeriod = 9; input ENUM_MA_METHOD maMethod = MODE_SMA; input ENUM_APPLIED_PRICE maPrice = PRICE_CLOSE; input int SignalPeriod = 5.
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
This is the full version of "SAR Trading Station" SAR Trading Station is a semi-auto trading system based on Parabolic SAR and Stochastic etc, and trend driven swing trading strategy. This is an agile platform allowing you to setup various parameters to optimize the specific symbol pair trading strategy for yourself! Enquire email: info@startrading.com.au, Facebook:mengmeng_cn@hotmail.com Risk(Max Loss$): : Default is 50, Max loss Per order(Position size is calculated by stop loss amount) Round:
Trend is the direction that prices are moving in, based on where they have been in the past . Trends are made up of peaks and troughs. It is the direction of those peaks and troughs that constitute a market's trend. Whether those peaks and troughs are moving up, down, or sideways indicates the direction of the trend.
The indicator PineTrees is sensitive enough (one has to use input parameter nPeriod) to show UP (green line) and DOWN (red line) trend.
This indicator is based on multiple instances of CCFpExtra cluster indicator and provides super position of their results. The indicator creates a set of CCFpExtra instances with carefully selected periods and combines their results using smart weighting and normalization algorithms. No more worries about settings to choose for cluster analysis, no more false signals. And it inherits all advantages of CCFpExtra : arbitrary groups of tickers or currencies, time alignment of bars for different sym
This is an aggregator of several ZigZag levels predictions based on probability. It uses the same approach as another ZigZag-based prediction indicator - ZigZagProbability . But unlike ZigZagProbability, this indicator combines analysis of 5 zigzags with different ranges. For every zigzag, it processes the available history for calculating density distribution of the zigzag edges and conditional probability of their consecutive pairs. Then it sums up the probabilities of all noticeably price lev
Stochastic Oscillator is one of the most popular and accurate oscillators widely used by traders to capture overbought and oversold areas of price action. Although the Stochastic indicator works fine for an interval of the market, it fails to generate profitable signals when the market conditions change, and hence it produces wrong signals resulting in big losses. Have you ever thought about an adaptive Stochastic indicator that adapts its period of calculation based on the market conditions? Th
Description Strongest Levels Global is a colored multicurrency/multisymbols indicator that automatically plots a system of the nearest levels of strongest resistance and support in the separate window on one of nine different indicators of the current timeframe in accordance with user's choice. Repeated usage of the indicator with various number of bars creates an extended and confirmed system of support and resistance! The indicator calculates and plots levels based on the number of bars set b
Ce conseiller offre les fonctionnalités suivantes : Position ouverte : ouvrez un ordre long ou court lorsque le prix franchit la ligne de tendance. Liquidation : Liquidez les positions longues ou courtes lorsque le prix franchit la ligne de tendance. Trailing Stop Loss – L'EA suit la ligne de tendance et continue d'augmenter le stop loss pour les ordres à long terme ou de réduire le stop loss pour les ordres à court terme. La ligne peut être une ligne de tendance ou une ligne horizontale.
Description Fibo Levels Custom is a color multicurrency/multi-symbol indicator that automatically plots Fibonacci levels on the Market Mood Oscillator in a separate window below the chart of the main financial instrument. It can be used with any broker, regardless of the name of a financial instrument used because the symbol name must be entered manually as an input parameter. If you enter a non-existent or invalid name of a financial instrument, you will receive an error message sayin
This is a breakout indicator using Linear Regression (LR) and Standard Deviation (SD) adaptive channels. It finds a best fitting of linear regression and standard deviation channels on consecutive bars, then monitors prices on breaking out the channel, and if so - generates a signal. The best fitting is performed by picking up the channels length which provides less difference between LR and SD channels width. On every bar the channels may have different - adaptive - length. Indicator displays p
The main idea of this indicator is rates analysis and prediction by Fourier transform. The indicator decomposes exchange rates into main harmonics and calculates their product in future. The indicator shows 2 price marks in history, depicting price range in the past, and 2 price marks in future with price movement forecast. Buy or sell decision and take profit size are displayed in a text label in the indicator window. The indicator uses another indicator as an engine for calculations - FreqoMet
This indicator is intended for trend, support and resistance lines formation based on ZigZag extremums traversal. Indicator builds straight lines passing through latest ZigZag extremums and detects their crossing with future prices generating a buy or sell breakout signal. One of built-in ZigZag indicators can be used as an engine. Warning: Most of zigzags either redraw latest segment or delay latest extremum output for several bars. Due to this fact, ZZTrends output differs on a static history
This indicator predicts next ZigZag move based on historical ZigZag edges probabilities. It processes available history for calculating density distribution of ZigZag edges and conditional probability of their consecutive pairs. Then it uses the probabilities for estimating levels where future extremums (reversal points) may appear. This indicator builds zigzag by HZZM indicator , but does not display zigzag itself. You may use HZZM for zigzag visualization. The indicator displays up to 8 horizo
Forex trading is the "Price movement chaos", but there are some laws, using which you can earn. The Expert Advisor is designed for opening numerous deals. Depending on the market situation, some orders will have positive result, the rest will be closed with minimal losses. Purpose: automated trading in the Forex market with the MetaTrader 4 trading terminal (MetaQuotes Software Corp.), supports build 604 and higher! Trading strategy: market entry in the direction of a trend or at pullbacks. Type
FFx Risk Calculator panel will help you to calculate very easily your trades size, SL or the risk directly on the chart. All features are described below: Option to select which parameter to calculate: Risk, Stop Loss or Lot Size The panel will show if the lot size is allowed according to the current account free margin Button to maximize/minimize the panel Drag and Drop the panel anywhere on the chart How to use it? Select the parameter you want to be calculated. It will be based on the 2 other
The Bull and Bear Power indicators identify whether the buyers or sellers in the market have the power, and as such lead to price breakout in the respective directions. The Bears Power indicator attempts to measure the market's appetite for lower prices. The Bulls Power indicator attempts to measure the market's appetite for higher prices. This particular indicator will be especially very effective when the narrow histogram and the wide histogram reside on the same side (above or under the Zero
This indicator monitors the market for a flat state and possible breakout. The flat state is detected as a predefined number of consecutive bars during which price fluctuates inside a small range. If one of the next bars closes outside the range, breakout is signaled. The indicator shows 3 lines: blue - upper bound of flat ranges AND consecutive breakout areas; red - lower bound of flat ranges AND consecutive breakout areas; yellow - center of flat ranges (NOT including breakout areas). When a b
This indicator helps to find high/low points. This is not perfect trend indicator, because sometime it shows anti-market trend. But it never misses highest and lowest price in history. So that, the rules for entry are: Sell with downtrend (red line), Buy with uptrend (blue line). Yellow arrows for Sell, but it should be confirmed by downtrend. Aqua arrows for Buy, but it should be confirmed by uptrend.
This is a very powerful indicator that provides a mix of three running totals of linear weighted returns. Each one is similar to a specific mode of ReturnAutoScale indicator. The result is a scaled superposition of three integrated and difference-stationary time series, each for different trading strategy. Indicator displays three lines: yellow - slow market returns, corresponds to mode 0 in ReturnAutoScale; blue - medium market returns, corresponds to mode 1 in ReturnAutoScale; red - fast marke
The main idea of this indicator is rates analysis and prediction by Fourier transform. Indicator decomposes exchange rates into main harmonics and calculates their product in future. You may use the indicator as a standalone product, but for better prediction accuracy there is another related indicator - FreqoMaster - which uses FreqoMeterForecast as a backend engine and combines several instances of FreqoMeterForecast for different frequency bands. Parameters: iPeriod - number of bars in the ma
This is a signal indicator for automatic trading which shows probability measures for buys and sells for each bar. It is based on statistical data gathered on existing history and takes into account all observed price changes versus corresponding bar intervals in the past. The core of the indicator is the same as in PriceProbablility indicator intended for manual trading. Unlike PriceProbability this indicator should be called from MQL4 Expert Advisors or used for history visual analysis. The in
When the bands come close together, constricting the moving average, it is called a squeeze. A squeeze signals a period of low volatility and is considered by traders to be a potential sign of future increased volatility and possible trading opportunities. Conversely, the wider apart the bands move, the more likely the chance of a decrease in volatility and the greater the possibility of exiting a trade. This indicator can be used at any time frames and currency pairs. The following input parame
The three basic types of trends are up, down, and sideways. An uptrend is marked by an overall increase in price. Nothing moves straight up for long, so there will always be oscillations, but the overall direction needs to be higher. A downtrend occurs when the price of an asset moves lower over a period of time. This is a separate window indicator without any input parameters. Green Histogram is representing an Up-Trend and Red Histogram is representing a Down-Trend.
The FFx Hidden Manager panel will help you to manage easily your orders directly on the chart. Below all features described: TP, SL and TrailingStop are hidden Each order has its own lines on chart Drag & Drop any line to change the TP/SL as per your need Option to move automatically the SL line at breakeven when TP #1 is reached Option to choose the TP/SL type (by pips or price) Option to choose the TrailingStop type (by pips, MA, Fractals, PSAR or ATR) Define which order(s) you want to manage
The indicator draws a histogram of important levels for several major currencies attached to the current cross rates. It is intended for using on charts of crosses. It displays a histogram calculated from levels of nearest extremums of related major currencies. For example, hidden levels for AUDJPY can be detected by analyzing extremums of AUD and JPY rates against USD, EUR, GBP, and CHF. All instruments built from these currencies must be available on the client. This is an extended version of
Description Fibo Retracement is an indicator that automatically plots Fibonacci levels in the main chart based on Close prices , which distinguishes it from the Fibo Levels indicator that plots levels based on High/Low prices. Thus, using both indicators provides the trader with the opportunity of determining support and resistance zones by Fibonacci! The levels are calculated and plotted over a certain interval using the number of bars specified by the user. The user can display Fibonacci l
"Support" and "Resistance" levels - points at which an exchange rate trend may be interrupted and reversed - are widely used for short-term exchange rate forecasting. One can use this indicator as Buy/Sell signals when the current price goes above or beyond Resistance/ Support levels respectively and as a StopLoss value for the opened position.
Gann Time Clusters Indicator This indicator is based on W. D. Gann's Square of 9 method for the time axis. It uses past market reversal points and applies the mathematical formula for Gann's Square of 9 and then makes projections into the future. A date/time where future projections line up is called a 'time cluster'. These time clusters are drawn as vertical lines on the right side of the chart where the market has not advanced to yet. A time cluster will result in a market reversal point (ex.
Description Strongest Higher Level is an indicator that automatically plots the nearest level of strongest resistance and support in the main chart based on prices of the higher timeframe that differs it from Strongest Level indicator. Repeated usage of the indicator with various number of bars creates a system of support and resistance! The indicator calculates and plots levels based on number of bars set by the user. It is recommended to set numbers from a golden ratio according to Fibonacci
Support and resistance represent key junctures where the forces of supply and demand meet. On an interesting note, resistance levels can often turn into support areas once they have been breached. This indicator is calculating and drawing 5 pairs of "Support and Resistance" lines as "High and Low" from the current and 4 previous days.
I like trading manually, so I created this tool to make my trade more easier and faster.
Features Money management. Click for place order ( Buy/Sell/BuyStop/BuyLimit/SellStop/SellLimit). Many buttons for control your account (Close All, Remove Pendings, Breakeven, Hedging). Auto hide if not use for 2 minutes. See profit on current symbol. Free to move panel to where you want. Save your settings for using on next time. Special: It's work on backtest mode! You can use this for training yourself.
This indicator is using 10 classical indicators: Moving Averages Larry Williams' Percent Range Parabolic Stop and Reverse Moving Averages Convergence/Divergence Moving Average of Oscillator Commodity Channel Index Momentum Relative Strength Index Stochastic Oscillator Average Directional Movement Index for calculating the up or down trend for the current currency pair by majoritarian principle for the all TimeFrames.
Description Strongest Level is an indicator that automatically plots the nearest levels of strongest resistance and support in the main chart based on prices of the current timeframe. Repeated usage of the indicator with various number of bars creates a system of support and resistance! The indicator calculates and plots levels based on number of bars set by the user. It is recommended to set numbers from a golden ratio according to Fibonacci (13, 21, 34, 55, 89, 144, 233, 377, 610 etc.). Users
This is a semi-automatic Expert Advisor. A user draws a support or a resistance line in the form of a horizontal line or a trendline on a chart. A command in the format of UP|DN_xxxx:yyyy is specified in the line name; the Expert Advisor understands it as a signal to buy or sell setting a stop loss and a take profit. EA settings include a parameter with a lot size and a value for moving stop loss to breakeven. If stop loss = 0, the EA does not use breakeven. If this parameter is greater than zer
Identifying the trend of the market is an essential task of traders. Trendometer implements an advanced algorithm to visualize the trend of the market. The major focus of this indicator is to evaluate the market in the lower time frames (i.e., M1, M5 and M15) for the scalping purposes. If you are a scalper looking for a reliable indicator to improve your trade quality, Trendometer is for you. The indicator runs on a separate window showing a histogram of red and green bars. A two consecutive gre
Fibonacci Arcs in the full circles are based on the previous day's candle (High - Low).
These arcs intersect the base line at the 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Fibonacci arcs represent areas of potential support and resistance.
Reference point - the closing price of the previous day.
These circles will stay still all day long until the beginning of the new trading day when the indicator will automatically build a new set of the Fibonacci Arcs.
The indicator displays Accelerator Oscillator (AC) signals in accordance with Bill Williams' strategy on a chart. The AC histogram is a five-period simple moving average drawn on the difference between the value 5/34 of the AO histogram and a 5-period simple moving average of this histogram. Interpretation of AC is based on the following rules - if AC is above the zero line, it is considered that the market acceleration will continue its upward movement. The same rule applies to the downward mov
Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
Automatic, live & interactive picture of all trendlines. Assign push, email and sound alerts to the lines of your choice and be informed about price rollback, breakout, rollback after breakout, number of rollbacks, line expiration by double breakout. Correct, drag or delete the lines and interactively tune the line system. https://youtu.be/EJUo9pYiHFA . Chart examples https: //www.mql5.com/en/users/efficientforex
Price Interaction Events
All events are effective immediately and only after one
Relative Strength Index (RSI) is one of the most popular and accurate oscillators widely used by traders to capture overbought and oversold areas of price action. Although the RSI indicator works fine for a period of market, it fails to generate profitable signals when market condition changes, and hence produces wrong signals which results in big losses. Have you ever thought about an adaptive RSI indicator that adapts its period of calculation based on the market conditions? The presented indi
Description Abuza 4 is an intraday trading system making profit during the price rollback. The Expert Advisor has been optimized for working on EURUSD. However, it can successfully work with other currency pairs as well. Martingale can be enabled, but you should be extremely careful (take profit often and at a proper time!). You can examine the Expert Advisor's trading statistics for different brokers and symbols in the MetaTrader 4 Trading Signals sections. Parameters Risk management: enter vol
Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules. This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time. With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy you
UPDATE: I apologize for increasing the price from 15$ to 30$, but that was required by MetaQuotes during the version update. The old compilation from 2015 stopped working due to incompatibility with a new terminal. What is Squeeze? A contraction of the Bollinger Bands inside the Keltner Channel reflects a market taking a break and consolidating, and is usually seen as a potential leading indicator of subsequent directional movement or large oscillation movement. When Bollinger bands leave Keltn
What is Squeeze? A contraction of the Bollinger Bands inside the Keltner Channel reflects a market taking a break and consolidating, and is usually seen as a potential leading indicator of subsequent directional movement or large oscillation movement. When Bollinger bands leave Keltner Channel it means markets switching from a low volatility to high volatility and high volatility are something all traders are looking for. What I was missing in some indicators is possibility of monitoring many ti
CCFpExtra is an extended version of the classic cluster indicator - CCFp. This is the MT4 version of indicator CCFpExt available for MT5. Despite the fact that MT5 version was published first, it is MT4 version which was initially developed and tested, long before MT4 market was launched. Main Features Arbitrary groups of tickers or currencies are supported: can be Forex, CFDs, futures, spot, indices; Time alignment of bars for different symbols with proper handling of possibly missing bars, in
This is an easy to use signal indicator which shows and alerts probability measures for buys and sells in near future. It is based on statistical data gathered on existing history and takes into account all observed price changes versus corresponding bar intervals in the past. The statistical calculations use the same matrix as another related indicator - PointsVsBars. Once the indicator is placed on a chart, it shows 2 labels with current estimation of signal probability and alerts when signal
The indicator provides a statistic histogram of estimated price movements for intraday bars. It builds a histogram of average price movements for every intraday bar in history, separately for each day of week. Bars with movements above standard deviation or with higher percentage of buys than sells, or vice versa, can be used as direct trading signals. The indicator looks up current symbol history and sums up returns on every single intraday bar on a specific day of week. For example, if current
This is an intraday indicator that uses conventional formulae for daily and weekly levels of pivot, resistance and support, but updates them dynamically bar by bar. It answers the question how pivot levels would behave if every bar were considered as the last bar of a day. At every point in time, it takes N latest bars into consideration, where N is either the number of bars in a day (round the clock, i.e. in 24h) or the number of bars in a week - for daily and weekly levels correspondingly. So,
Indicator displays signals of the Awesome Oscillator on the chart according to the strategy of Bill Williams:
Signal "Saucer" - is the only signal to buy (sell), which is formed when the Awesome Oscillator histogram is above (below) the zero line. A "Saucer" is formed when the histogram changes its direction from descending to ascending (buy signal) or from ascending to descending (sell signal). In this case all the columns AO histogram should be above the zero line (for a buy signal) or below
Most of traders use resistance and support levels for trading, and many people draw these levels as lines that go through extremums on a chart. When someone does this manually, he normally does this his own way, and every trader finds different lines as important. How can one be sure that his vision is correct? This indicator helps to solve this problem. It builds a complete set of virtual lines of resistance and support around current price and calculates density function for spatial distributi
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