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Nuovi Expert Advisors e Indicatori per MetaTrader 4 - 331
This is a very silly script but perhaps you find it useful. It deletes all objects from the chart. I recommend setting a hot key to call it just by pressing a couple of keys on your keyboard. To avoid accidental deletion of object, the script will ask you to confirm the action as you won't be available to restore them with "undo" (Ctrl+Z).
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When drawing a trend line or other objects, there is a natural deviation when you place the object from a higher time frame, and then go to watch it in a lower time frame. PerfectLine is a technical indicator that solves this problem. Once you touch a line after drawing it, Perfect Line will find the exact spot in the lower time frame available for it's position and then rectifies where it should be. Perfect Line uses a five pixels pre-established tolerance, if a difference between the line's no
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.
Description A colored multicurrency/multisymbol indicator Aroon Global based on one of the twenty three standard indicators of MT4. The indicator consists of two lines: Aroon Up and Aroon Down . The main function of the indicator is to predict the trend change. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial
Trailing Even is a free complement for the Control adora Expert Adviser. It adds a trailing stop function and changes the exit level that works as stop loss if some price is reached, let's review how to make it work: First of all make sure you have the same language selected both in the Control adora Expert and in this indicator. Change of the exit level that works as stop loss with "BES" and "BEO": This function needs 2 arrows to work: 1 named BES (stands for Break Even Start) place it at the
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In the world of finance, correlation is a statistical measure of how two securities move in relation to each other. Correlations are used in advanced portfolio management. This indicator measures how different securities move in relation to a reference one, thus making portfolio management easier. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Avoid concurrent trades in highly correlated instruments Find trading opportunities among highly correlated instruments Cor
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Ever wondered what is XAU/XAG rate or how Chinese Yuan is traded against Russian Ruble? This indicator gives the answers. It shows a cross rate between current chart symbol and other symbol specified in parameters. Both symbols must have a common currency. For example, in cases of XAUUSD and XAGUSD, or USDRUB and USDCHN, USD is the common currency. The indicator tries to determine the common part from symbols automatically. If it fails, the DefaultBase parameter is used. It is required for non-F
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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
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
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.
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
This is a very simple indicator that mixes the Sunday session with the Monday one. This is useful because the Sunday session is a partial session mostly with only Australian and Asian sessions included, so the analysis of the Monday's daily session if mixed with Sunday tends to be more comprehensive. This indicator plots a candle with the following values: Open - the Friday's Close or Sunday's Open (depending on your choice). High - the highest High of Sunday and Monday. Low - the lowest Low of
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This is a technical indicator that works as a plug-in for "Control adora" - the Expert Advisor that helps you to calculate, place and control positions on the chart. When run on a chart with Control adora EA, this plug-in allows setting entry levels that send orders at contact, while you have StopCloseOnly (OCO in Comments) = 1 settled in Control adora (meaning that without this, the indicator will send the order only when the price Close crosses the arrow level). This indicator only works if yo
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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 indicator compares the price changes during the specified period for the current symbol and other reference symbol. It allows to analyze the similar movements of highly correlated symbols, such as XAUUSD and XAGUSD, and find their occasional convergences and divergences for trading opportunities. The indicator displays the following buffers: light-green thick line - price changes of the current symbol for TimeGap bars; light-blue thin line - price changes of the reference symbol ( LeadSymbo
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If you like trading by candle patterns and want to reinforce this approach by modern technologies, this script is for you. In fact, it 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 - this script for training neural networks; it builds a file with generalized data about most characteristic pric
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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
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
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
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
This indicator provides the analysis of tick volume deltas. It calculates tick volumes for buys and sells separately, and their delta on every bar, and displays volumes by price clusters (cells) within a specified bar (usually the latest one). This is a limited substitution of market delta analysis based on real volumes, which are not available on Forex. The indicator displays the following data in its sub-window: light-blue histogram - buy (long) volumes; orange histogram - sell (short) volumes
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
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
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
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 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.
Ever wondered why standard ADX is made unsigned and what if it would be kept signed? This indicator gives the answer, which allows you to trade more efficient. This indicator calculates ADX values using standard formulae, but excludes operation of taking the module of ADX values, which is forcedly added into ADX for some reason. In other words, the indicator preserves natural signs of ADX values, which makes it more consistent, easy to use, and gives signals earlier than standard ADX. Strictly s
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
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 a simple script that places a defined number of lines above and below a given price. The script lets you set the number of lines, the separation in pips and the color. Instructions:
Drop the script on a chart to draw the level lines If the last parameter is set to false, the script will delete the lines previously placed by it.
Parameters:
English? Turn it yes to use English language, false will turn language to Spanish Separation Set the pips distance among lines From Price Ca
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This is a technical indicator that put on strategy tester the buttons of the expert adviser "Control adora". Usually when applied the controladora to the strategy tester, the buttons do not appear and therefore its functions (like directly buy, sell, close orders or place stop loss indicator) can't be used. But now you can if have the Manual Backtest indicator. If you don't have Control adora, you can get it from here . This indicator get on the chart the buttons that can be of use in strategy t
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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 is a unique tick chart indicator for MetaTrader 4 platform. The software is capable to graphically display the last 100 ticks and in addition to that it displays the current spread, bid / ask and time values in an elegant IceFX style dashboard. The indicator is an efficient tool for traders using M5 or even M1 timeframe.
Indicator parameters: Corner - corner of panel CornerXOffset - horizontal offset from the corner CornerYOffset - vertical offset from the corner ChartType - type of char
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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
Questo consulente offre le seguenti funzionalità: Posizione aperta: apri un ordine lungo o corto quando il prezzo attraversa la linea di tendenza. Liquidazione: liquida le posizioni lunghe o corte quando il prezzo attraversa la linea di tendenza. Trailing Stop Loss – L'EA segue la linea di tendenza e continua ad aumentare lo stop loss per gli ordini a lungo termine o a ridurre lo stop loss per gli ordini a breve termine. La linea può essere una linea di tendenza o una linea orizzontale. Le
Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
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
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
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
MACD indicator in MetaTrader 4/5 looks different than MACD does in most other charting software. That is because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA, while according to MACD definition it is supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal lines). This
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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
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
Ilanis is and Expert Advisor for stock trading, it can be used for trading on Forex and other markets, including commodities, metals and index markets. To determine the market entry, the EA uses the modern and ultra-light adaptive indicator FourAverage. Principle of position maintaining is similar to that of the popular Forex robot Ilan, using averaging. But unlike Ilan, Ilanis uses an accurate entry into the market. The robot pays a lot of attention to position control, if the price goes in the
This is an adaptive ZigZag based on modification of HZZ indicator (original source code is available in this article ). Most important changes in this version: two additional indicator buffers added for zigzag evolution monitoring - they show cross signs at points where zigzag direction first changes; zigzag range (H) autodetection on day by day basis; time-dependent adjustment of zigzag range. Parameters: H - zigzag range in points; this parameter is similar to original HZZ, but it can take 0
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The new version of MirrorSoftware 2021 has been completely rewriten and optimized.
This version requires to be loaded only on a single chart because it can detect all actions on every symbol and not only the actions of symbol where it is loaded.
Even the graphics and the configuration mode have been completely redesigned. The MirrorSoftware is composed of two components (all components are required to work): MirrorController (free indicator): This component must be loaded into the MASTER
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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 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.
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
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
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
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
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 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
This is a reduced version, demo if you like, of the published Elliott Wave Tool 7Pasos . The limitations for this tool vs Elliott Wave Tool 7pasos are the following: Only one account possible, the original tool has 1 principal and 4 alternative accounts. Only one degree (Primary) is available, in the original tool 12 different degrees (6 in micro) are at your disposition. As only one degree is available, the functions to upgrade and downgrade the degree of the selected wave are disabled. Fixed c
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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
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
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.
This is an extension of the previous published DollarIndex with the addition of the function for calculating EURO Index under ICE Formula. Note that the broker should provide the following data:
For Dollar Index formula, EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK and USDCHF are needed. For Euro Index formula, EURUSD, EURGBP, EURSEK and EURCHF are needed. Now in this version if the SEK (the most uncommon) is not provided, the formula still works, since it adds 0.0001 to its value, but the index will
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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 I think, almost all traders dream about non-lagging MA. I have realized that dream in my indicator. It allows forecasting future MA values! The indicator can be used in four different ways: The first one - forecast for the desired amount of bars. Thus, you are able to evaluate future price behavior. The second one - generating non-lagging "averages". That can be implemented by moving MA back by the half of the averaging period and setting the forecast the necessary amount of bars ahe
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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 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.
MWC COX indicator shows the extreme zones of net short/long positions for four periods of time. Default settings are periods of 12, 26, 52 and 156 weeks.
Additional Features
- Displays the sum of all 4 periods in one line
- MA, MOM and RSI indicators are integrated
Please make sure that you download the MWC_Demo.zip file and unpack it into [...]/MQL4/Files folder. -> www.myweeklycot.com/teaser-demo
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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
"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.
Il MetaTrader Market offre un luogo pratico e sicuro dove acquistare applicazioni per la piattaforma MetaTrader. Scarica versioni demo gratuite di Expert Advisors e indicatori direttamente dal tuo terminale e testali nello Strategy Tester.
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