Indicatori tecnici per MetaTrader 5 - 75

Expert Advisors often use a channel around standard MAs. The indicator builds such a channel and has three buffers: MA, MA Channel Top and MA Channel Bottom.  Now with the help of this single indicator you can plot a channel around the MA on the chart similar to similar Envelopes or Bollinger Bands. There are a lot of strategies for using it: on the breakout of borders or on the bounce from them. 

Just learning how to create an indicator from this tutorial . its just a garbage text to fill the descriptions. Hello there. Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there Hello there

Dynamic Theoretical Stop Histogram indicator that dynamically analyzes the theoretical Stop levels in real time. Operation : The DTS - Dynamic Theoretical Stop does a mapping of fractals in previous candles and suggests two levels of Stop: For purchase and for sale. Suggested reading : It is necessary to make the definition of Maximum Stop in points in the Trading Plan. In this way, the trader can decide the best entry point by analyzing the theoretical stop levels: Stop for sales: Shown a

AI Hidden Activity Meter —   is an adaptive  tool based on advanced artificial intelligence algorithms that reveals hidden market activity. Key features: No redraws — no guesswork, only facts. Works in real time and in the strategy tester (every tick mode). Requires absolutely no setup — works on any instrument out of the box, automatically adapting to any market and timeframe.

Most traders do not lose because of bad entries alone. They lose because they trade in bad market conditions. ChopRadar is built to solve that. It helps you answer one simple question: Is the market worth trading right now? Instead of generating buy/sell signals, ChopRadar shows you the current market condition: • TRENDING — conditions are favorable for trading   • SIDEWAYS — avoid trading, market is choppy   • UNCLEAR — wait, no clear structure   This helps you avoid low-quality setups and fo

Description One Click Chart Changer is a lightweight and user-friendly MetaTrader 5 indicator that allows traders to switch between multiple trading symbols instantly with a single click. Designed for speed and convenience, this tool eliminates the need to manually search through the Market Watch window. With its modern floating panel interface, you can manage symbol switching directly from your chart. Key Features One-click instant chart symbol switching Fully draggable floating panel Sm

【SecMode Series】SecModeCCI – High‑Resolution Tick‑Based CCI Indicator Overview SecModeCCI is part of the SecMode Series , a next‑generation suite of indicators designed to reveal the micro‑structure of price action at the tick/second level —a level of detail that traditional 1‑minute indicators cannot capture. While standard indicators refresh only once per minute, SecModeCCI uses a proprietary second‑level engine to: Update up to 60 times per minute (or at user‑defined intervals) Visuali

The RFOC Symbol Background was created to display the name of the asset and the current timeframe in the background of the chart. Displaying the name of the asset at the bottom of the chart is often used by traders who are designing the screen for spectators, making it easier to identify the asset and the timeframe during a class, for example. It is available for the user to select the font size (small, medium or large) and select the color for better viewing according to the background color

This indicator closes the positions when Profit. This way you can achieve a goal without determine Take Profit.  Parameters: Profit: the amount of Dolllars you want to close when profit.  Just determine Profit section and open new positions. If Any of your positions reaches above Profit , Indicator will close automatically and you will recieve your Profit. 

This indicator helps you set and adjust your stop-loss levels. Just move the line to where you usually place your stop, and a second line will automatically appear at a specified distance between the current price and your chosen level. Review your trades on historical data Measure the maximum drawdown from entry to exit Get data that allows you to optimize your stop-loss placement It’s a convenient way to train yourself to use more optimal stops, based on your own trading statistics.

*Used by MeditionSeed EA.  Meditation is a practice in which an individual uses a technique – such as mindfulness, or focusing the mind on a particular object, thought, or activity – to train attention and awareness, and achieve a mentally clear and emotionally calm and stable state.[1][2][3][4][web 1][web 2] Plant a Meditation Seed to have wonderful future.

The Choppery notifier is an indicator that has been developed and tested for the purpose of alerting you that a candle is about to form, it takes away the trouble of having to play a guessing game as to when next a candle will form after a trend, therefore most of the time it eliminates the thought of having to predict which direction price will begin to move at. This indicator can be used in any timeframe, a notification will be sent out to you via email when price moves. you can start at a min

Привет. Сегодня представляем индикатор корреляции -  SynchroWindowTomson. Индикатор в одном окне показывает движение нескольких инструментов, по отношению друг к другу, удобно определять направление и изменение, особенно когда вы работаете с целым портфелем разных инструментов и нужно определить какой из них тянет результат назад и движется в другую сторону. Так же видны точки разворота спреда.

Это специальная утилита, для подключения внешнего индикатора к торговой панели . Она позволяет получать данные из буфера индикатора и рисует стрелочные объекты для передачи их в торговую панель. Входные параметры Number of call buffer - номер индикатора для покупки Number of sell buffer -номер индикатора для продажи Indicator window - окно индикатора Indicator position in list - позиция индикатора в списке Default value of indicator - значения по умолчанию для индикатора Show information - показ

【SecMode Series】SecModeCMO – High‑Resolution Tick‑Based CMO Indicator Overview SecModeCMO is part of the SecMode Series , a next‑generation suite of indicators designed to reveal the micro‑structure of price action at the tick/second level —a level of detail that traditional 1‑minute indicators cannot capture. While standard indicators refresh only once per minute, SecModeCMO uses a proprietary second‑level engine to: Update up to 60 times per minute (or at user‑defined intervals) Visuali

# Spread Watchdog Indicator - Professional Spread Monitoring Solution ## Product Overview The Spread Watchdog Indicator is a professional trading tool designed to monitor and analyze price differentials between two financial instruments in real-time. Perfect for spread traders, arbitrage strategies, and market analysis. ## Key Features ### Real-time Spread Monitoring - Continuously tracks price differences between two selected symbols - Displays current spread values in a separate ind

ST Multi Regression Indicator Guide for Beginners Simplified Guide: ST Multi Regression Indicator for Beginners What is it? It's a visual tool that helps identify good times to buy or sell in the financial market, based on colors and signals that appear on the chart. How does it work? Main Elements: Main Line (Oscillator) Blue (Aqua): Good time to buy Orange: Good time to sell Dotted Line (Silver) Serves as reference for signals Arrows ️ Blue: Buy signal ️ Orange: Sell signal When to Trade?

The purpose of the remaining time indicator on the K-line is to assist traders in gaining a deeper understanding of market dynamics and making more precise trading decisions, particularly in the realm of forex and binary short-term trading. The significance of this indicator and its application to various trading strategies will be thoroughly examined below: Enhancement of Trading Timing Accuracy - Precision: By displaying the remaining time of the current K-line cycle, traders can achieve great

Hi Traders, RSI and Stochastic are among the most popular indicators used to measure momentum and help identify overbought and oversold conditions. This indicator displays two optional RSI and Stochastic values on your chart, helping you save chart space and keep things clean and organized. You can set your desired upper and lower thresholds for RSI and Stochastic to monitor conditions. If the RSI (or Stochastic) value is between the upper and lower thresholds, the text color will remain your de

(Special New Year promotion - free price!) The indicator displays the actual 'Scale in points per bar' (identical to the manual setting in the Terminal, see screenshot) in the upper right corner of the chart. The displayed value changes INSTANTLY whenever the chart scale is changed! (This is very convenient when planning screenshots). In Settings: Change language (Russian/English), font size of the displayed text, text label offset coefficient from the graph corner, equally in X and Y directi

"️ Your opinion matters! Share your comments and product rating to help us improve and make it better for everyone. " " Your feedback counts! Leave a comment and rating to help enhance the product and meet your needs. " In trading, timing is not an advantage — it is everything . The difference between a winning trade and a losing one often comes down to seconds . Candle Sentinel gives you total control over time by showing you exactly how much life is left in the current candle — in real

BarX — Indicatore di Massimi e Minimi di una Candela Specifica BarX è un indicatore tecnico che evidenzia automaticamente il massimo e il minimo di una candela specifica del giorno , definita dall’utente (ad esempio candela 0 rappresenta la prima candela dopo l’apertura del mercato ). Questo strumento è particolarmente utile per i trader che utilizzano livelli di prezzo fissi come supporto, resistenza, breakout o inversione . Segnando visualmente questi punti sul grafico, BarX semplifica l’anali

Tasso di Cambio Sintetico in Tempo Reale (Real-Time Synthetic FX Rate) Real-Time Synthetic FX Rate è un indicatore progettato per calcolare una stima sintetica e robusta del tasso di cambio per qualsiasi coppia di valute disponibile sul tuo broker (incluse coppie maggiori, minori ed esotiche). Il suo obiettivo è offrire un riferimento dinamico che rifletta la formazione del prezzo minuto per minuto , fornendo una guida orientativa prima della pubblicazione dei tassi ufficiali o delle validazioni

Hey guys. This indicator will show you, in the volume histogram, if the candle was a Doji, a bullish candle, or a bearish candle. The construction of this indicator was requested by a trader who uses other indicators from my catalog, and I decided to release it free to help traders who think that the indicator can contribute to their operations. The parameters are: Volume Type: Real Volume or Tick Volume. Color if the candle is bearish: select the color. Color if the candle is high: select

I want to quickly view the chart, so I created a small tool. I hope it can help you. Functions: Use up/down arrow keys or mouse clicks to quickly open charts for currency pairs. Use left/right arrow keys to change the timeframe of the current chart. Automatically update the order based on the Market Watch If you have any request or errors please tell me to help it better. Donate us , Thank u! Telegram: 0388894014

Displays previous months Highs & Lows. You can set the number of months to display levels for, also the line style, color and width. This is very useful for traders using the BTMM and other methods like ICT. I'll be creating more indicators for MT5 for the BTMM. Send me your suggestions to my Telegram: https://t.me/JDelgadoCR Take a look at my other products at: https://www.mql5.com/en/users/jdelgadocr/seller

We at Minions Labs always like to defy the stablished systems and beliefs trying new things and new ways of seeing and interpreting the Market Data. And all starts with the following question... WHAT IF... You give more relevance and focus on the Wicks/Shadows on the candlesticks? And Why? In volatile markets wicks play an important role on determining who is winning the the fight between Bulls and Bears , and more than that, Higher and lower wicks can present you with a good status of the curr

RTS5PatternBTCPrice is an analytical tool for MetaTrader 5 that systematically searches for historical similarities in price action and evaluates how the market behaved after similar situations. The indicator provides both visual and statistical information that can be used to support trading decisions. It compares the current price pattern, defined by a selected number of candles, with historical data. The similarity results are displayed using a histogram with three categories: Good Match   –

Suitable for the EurTrendSniper trend indicator. Please download and place it in the Indicators folder of MT5. A key element in trading is identifying the areas or levels where decisions are made to buy or sell financial instruments. Although major participants attempt to hide their presence in the market, they inevitably leave traces. Our task is to learn how to identify these traces and interpret them correctly. Bullish Signal: The price (candlestick) is above the band-colored block, the ban

Check out our website at ergodiclabs.co . Trade Health Indicator A vital-signs monitor for your trading account. Most stats panels show you win rate and profit — this one reads the health of your strategy and tells you, in plain language, whether your edge is real or just lucky. It reads your closed trade history directly from the account, reconstructs every position, and surfaces the diagnostics that a pretty equity curve hides — starting with the single most overlooked one: how long you hold

GeoInfo5 is one of the most informative indicators, it displays basic information about a trading instrument in a compact form. The version for the Meta Trader 4 terminal has gained wide popularity among traders. The indicator is free and will always be free. The launch version is now available for MetaTrader 5 as well. displays information about the main parameters of the tool in a brief form in the line in the upper left corner of the chart: Spread, Swap for Buy order, Swap for Sell order, c

Introducing Candle Feeling Indicator for MetaTrader 5 - Your Ultimate Solution for Accurate and Timely Analysis! Built with more than two decades of programming experience, this indicator allows you to follow the complexities of financial markets with confidence and accuracy. Key Features: High Precision: Identifies trend reversals with unparalleled accuracy, ensuring you stay ahead of market shifts. Analysis:  All the information you need from the structure of a candle Beautiful appearance:

La barra Time End di MMD è un semplice indicatore che mostra il numero di secondi rimanenti nei tre intervalli selezionati. Secondo la metodologia MMD, il momento in cui si verifica un movimento di prezzo direzionale è importante. Questo indicatore ti consente di utilizzare questa relazione in modo più efficace nel trading Forex e Futures. Descrizione della funzionalità: Time Frame 1 Period - definizione del primo intervallo di tempo Time Frame 1 Color - specificare il colore per il primo int

Not everyone can write an indicator. But anyone can have an idea. The indicator Universal Main Window Free MT5 , which takes as an input parameter the formula by which the indicator line will be drawn, will help to implement it. This indicator is intended for use in the main chart window. All indicators of the series Universal : Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate Window Fre

PRECOGNITION300 PRO A New Perspective on the Market's Next Move ANALYZE THE PRESENT. CONSULT THE PAST. ANTICIPATE POSSIBLE SCENARIOS. The market is constantly moving. With every new candle, new information becomes available — and one of the biggest challenges for any trader is interpreting that information before making a decision. That is why Precognition300 Pro was created. An advanced indicator developed for MetaTrader 5 , designed to provide a different perspective on market behavior a

MT4 Version A versatile tool You do not need any other tools with this tool. You can enable or disable all indicators. Their values ​​are adjustable. In the first line you will see a summary of your account status. p: The amount of your profit or loss BP: The amount of your daily profit based on the balance EP: Equity daily earnings WP: Your weekly profit MP: Your monthly profit The next line shows each of the time frames you selected. Chikou: The Chikou process KT: The trend of the K and T li

Hi Traders, The THV EMA Distance Monitor is a lightweight and flexible MT5 indicator designed to display the real-time distance between price and multiple Exponential Moving Averages (EMA) directly on the chart. The indicator allows traders to enable or disable up to five EMAs, each with a customizable period, making it adaptable to different trading strategies and market conditions. For each selected EMA, the distance from the current price is calculated and displayed in a clear on-chart panel.

CLC Smart Gold V2.00 – Precision Gold Trading System CLC Smart Gold V2.00 is a sophisticated technical analysis tool specifically engineered for XAUUSD (Gold) . Built on a foundation of advanced price action algorithms and momentum filtering, Version 2.00 is designed to capture high-probability reversals and trend continuations in the volatile gold market. This indicator is ideal for both professional scalpers and day traders who require precision and reliability without the noise of traditional

Automate Your Strategy! Use the Daily Drop Analyzer Expert Advisor to automatically execute the strategy, with configurable filters, parameters, and order management. Check it out here: Daily Drop Analyzer EA The Step Analysis Indicator performs an automated backtest of a simple daily strategy: buy when the price drops a certain percentage from the previous close and sell at the same day's close (or vice versa for short strategy). It tests multiple entry percentages ("steps") and displays the

This indicator is an utility for have always under control, how much time is left at the end of the bar setted. The utility show on the lower right of the chart, the countdown to the end. When the remaining seconds is = to the seconds set in the input, the color of remaining seconds on chart, change color and play a warning sound to warn you that the bar is about the end. When the remaining seconds is < to the seconds set in the input, the utility play a beep to warn you that the bar is in co

นี่คือคําอธิบาย Trend SAR Fusion PRO MT5 (เวอร์ชัน Stable) จากโค้ดที่คุณใช้ แนวคิดของอินดิเคเตอร์ อินดี้ตัวนี้ = รวม 3 อย่าง EMA10 (เร็ว) → จับโมเมนตัม EMA100 (ช้า) → จับเทรนหลัก SAR (จุดดอท) → ใช้เข้า/ออก สรุป: "ใช้ SAR เป็นตัวเข้า แต่ให้ EMA คัดกรองว่าเข้าเทรนจริงไหม" วิธีดูสัญญาณ (สำคัญสุด) เทรนขึ้น EMA10 > EMA100 จุด SAR อยู่ "ใต้ราคา" จะเห็น จุดเขียว เข้า BUY ได้ เทรนลง EMA10 < EMA100 จุด SAR อยู่ "เหนือราคา" จะเห็น จุดแดง เข้า SELL ได้ ช่วงเปลี่ยนเทรน ม

This indicator is able to determine the price levels at which there was the most volume for the specified period of history. In the future, the price often bounces off such levels, and this can be successfully applied in trading. They are displayed as lines, some parameters for determining the levels can be adjusted. This indicator is simple, therefore, it does not report signals, and only builds levels on EUR/USD. Parameters HistoryBars - the number of bars to determine the near volume levels;

A simple indicator showing the size of the spread at the current time, the maximum for the day and the maximum for the entire duration of the indicator. Daily statistics of the maximum spread are also displayed, indicating the time when this spread was fixed. The location of the display of the received information can be changed depending on your preferences and positioned anywhere on the screen. It is possible to output alerts about exceeding the size of the spread specified in the input pa

CyberLab Goal Matrix is a premium, single-chart risk intelligence panel engineered for MetaTrader 5. Built specifically for disciplined manual traders, this institutional-grade workspace completely eliminates the need to constantly cycle between multiple timeframes. It streams macro-momentum trend direction while executing real-time position scaling, friction calculations, and target mapping directly onto your active execution screen. --- THE REALITY OF TRANSACTION FRICTION --- Many retail

A simple and highly effective Strength and Weakness currency indicator that can be used to aid your fundamental and technical analysis for winning trade decisions. The indicator is very easy to use and can be applied to all time frames. FX Tiger uses an advanced algorithm to calculate a score table for all major currencies. Green indicates currency strength and red indicates currency weakness. Once you have identified the strong and weak currencies, pair strong versus weak currencies and comb

Индикатор отображает изменение баланса В правом нижнем углу окна. Отображаются следующие периоды Сегодня  Вчера  3 дня  Неделя 10 дней  Месяц 3 месяца Полгода Год  Все время  Есть возможность выставить расчетное время. Удобно пользоваться для расчетов прибыли/убытков с определенного часа. Будет полезен например ночным скальперам. Данные совпадают с расчетами отчета в терминалее.

Display the date, time and price according to the movement of the mouse cursor on the chart This is useful for discretionary trading. It is an indispensable tool for verifying and studying past market prices and trades. Characteristic Date,Time and Price are displayed. The value follows the movement of the mouse. You can change the color of the text. Please refer to the video on youtube. For MT5 only.

Take control of your trading workspace with the Switcher Dashboard – a smart and efficient tool that auto-detects all open charts (Forex, VIX, stocks) and turns them into neatly organized, color-coded buttons for instant chart switching.  Key Features: One-click chart navigation – Seamlessly switch between charts with a single click. Trend visualization – Instantly identify bullish or bearish conditions with clear color cues. Flexible layout options – Choose from 4 customizable views (left, righ

An improved version of the standard Standard Deviation indicator. It is now a responsive and smoothed line. The setup is not straightforward - but I hope you can do it. It is very easy to understand the readings of this indicator, the meaning is the same as that of the usual Standard Deviation. //////////////////////////////////////////////// /////////////////////////////////// I hope this indicator will be very useful to you in successful trading. Good luck.

Добрый день. Сегодня добавили вспомогательный индикатор тренда DveMashkiTompson, идея взята из аналога МТ4 и перенесена на МТ5, используется совместно с индикаторами Тренда ТМА и МА, рисует красные и зеленые области в зависимости от направления рынка. Тренд вверх -зеленые области, тренд вниз -красные.Области основываются на пересечении индикатора МА, таким образом данный индикатор дает информацию графического содержания для более быстрой оценки ситуации и принятия решения.

RCH FX Spread + Bar Close Countdown Indicator What This Indicator Does A simple, professional tool that displays real-time spread information and bar closing countdown directly on your MT5 charts. Key Features • Real-time spread display - Shows current spread in pips or points • Bar close countdown timer - Exact seconds remaining until current bar closes • Customizable alerts - Audio notification before bar closes • Fully adjustable display - Position, colors, fonts, and sizing options • Works o

Индикатор SpreadTimeInfo Многофункциональный индикатор для отслеживания времени сессий, спреда и торговых инструментов. Основные возможности Отображение времени до открытия/закрытия Американской сессии Таймер обратного отсчета до закрытия текущей свечи Мониторинг спреда с визуальным предупреждением Русскоязычные названия более 100 торговых инструментов Автоматический учёт выходных и праздничных дней Настройки индикатора ### Американская сессия - Время открытия NY (в вашем времени)

Analizzatore MTF MA: Posizione prezzo vs SMA/EMA/KAMA su 11 timeframe in un pannello. ### Full Description: ** Basta monitorare grafici su diversi timeframe!** MiniBull Periscope - Analizzatore di Posizione Multi-Timeframe della Media Mobile Vedi il quadro completo senza aprire più grafici! MiniBull Periscope mostra la posizione attuale del prezzo rispetto alle medie mobili su 11 timeframe contemporaneamente - dal Mensile (MN1) fino a 1 Minuto (M1). **CARATTERISTICHE PRINCIPALI:** • 11

TS Time Remaining - Indicador de Cuenta Regresiva para Velas en MetaTrader 5 El TS Time Remaining es un indicador gratuito diseñado para la plataforma MetaTrader 5 que permite a los traders visualizar en tiempo real el tiempo restante de la vela actual. Esta herramienta es especialmente útil para aquellos operadores que trabajan con estrategias basadas en la acción del precio y patrones de velas japonesas, ya que les permite anticiparse al cierre de la vela y tomar decisiones con mayor precisión

The Chandelier Exit, introduced by Charles LeBeau, is described in "Come into My Trading Room" book. It calculates each stop on a long position in an uptrend from the highest point reached during that rally, and gets its name from the chandelier, which hangs from the highest point in the room. The Chandelier Exit uses a multiple of the Average True Range (ATR), subtracting it from the highest high since the trade was entered. It creates a new trade whenever the previous trade is stopped out. Cha

One of the key rules in trading is never move your stops in such a way that your risk increases. Our stop sequence shows the automatic tightening of stops. They appear as a series of decreasing risk points until the trade is eventually stopped out. The problem is that if you enter a trade at any other point than the initial dot of the sequence, you may be placing the stop too close. Stop-entry plots show you the initial value for the stop for each bar. You can use them when you put on a trade, a

The Chandelier Exit, introduced by Charles LeBeau, is described in "Come into My Trading Room" book. It calculates each stop on a short position in a downtrend from the lowest point reached during that decline. The Chandelier Exit uses a multiple of the Average True Range (ATR), adding it to the lowest low since the trade was entered. It creates a new trade whenever the previous trade is stopped out. Chandelier Stops differ from traditional stops by having the ability to move against you if the

One of the key rules in trading is never move your stops in such a way that your risk increases. Our stop sequence shows the automatic tightening of stops. They appear as a series of decreasing risk points until the trade is eventually stopped out. The problem is that if you enter a trade at any other point than the initial dot of the sequence, you may be placing the stop too close. Stop-entry plots show you the initial value for the stop for each bar. You can use them when you put on a trade, a

Elder-Ray is made of both Bulls Power and Bears Power as described in "Come into my Trading Room" book. It is tracking the relative power of bulls and bears by measuring how far the high and the low of each bar get away from the average price. Elder-ray is an indicator developed by Dr. Elder and named for its similarity to x-rays. It shows the structure of bullish and bearish power below the surface of the markets. Elder-ray combines a trendfollowing moving average with two oscillators to show w

Il sistema di impulso è stato descritto per la prima volta nel libro "Vieni nella mia Trading Room". Utilizza la direzione sia dell'istogramma MACD che di una media mobile esponenziale (EMA) del prezzo per definire un impulso. La regola è non commerciare mai contro l'impulso. Il suo codice colore ti dà diversi segnali: Quando sia l'EMA che l'istogramma MACD sono in aumento, il sistema Impulse colora il colore della barra è verde (nessun cortocircuito consentito). Quando sia l'EMA che l'istogra

MACD Histogram tracks the difference between the MACD line and the Signal line (which is the exponential moving average of the first line). For better visibility, when plotting the lines and the histogram in the same window, we scale up the histogram by a factor of 2. Furthermore, we use two separate plots for the histogram, which allows us to color-code the bars for upticks and downticks. The MACD Combo overlays MACD lines on MACD Histogram. Putting both plots in the same window enables you to

The MACD XOver indicator was developed by John Bruns to predict the price point at which MACD Histogram will reverse the direction of its slope. The indicator is plotted one day ahead into the future, allowing, if your strategy depends on MACD Histogram, to predict its reversal point for tomorrow (or the next bar in any timeframe). If the closing price tomorrow is above the value of this indicator, then MACD Histogram will tick up. If the closing price tomorrow is below the value of this indicat

The Market Thermometer is described in "Come into my Trading Room" book.  It measures the degree of volatility, as reflected in greater or smaller intraday ranges. When the Market Temperature spikes above its average or stays below its average for a number of days, it gives trading signals, as described in the book. Parameters: Thermometer_EMA_Length (22) – The length of the moving average of the Market Temperature. The default 22, the average number of trading days in a month. Spike_Alert_Facto

SafeZone is a method for setting stops on the basis of recent volatility, outside the level of market noise. It is described in "Come into my Trading Room" book. In an uptrend, SafeZone defines noise as that portion of the current bar that extends below the low of the previous bar, going against the prevailing trend. It averages the noise level over a period of time and multiplies it by a trader-selected factor. For long trades, SafeZone subtracts the average noise level, multiplied by a factor

One of the key rules in trading is never move your stops in such a way that your risk increases. Our stop sequence shows the automatic tightening of stops. They appear as a series of decreasing risk points until the trade is eventually stopped out. The problem is that if you enter a trade at any other point than the initial dot of the sequence, you may be placing the stop too close. Stop-entry plots show you the initial value for the stop for each bar. You can use them when you put on a trade,

SafeZone is a method for setting stops on the basis of recent volatility, outside the level of market noise. It is described in "Come into my Trading Room" book. In a downtrend, SafeZone defines noise as the portion of the current bar that extends above the high of the previous bar, against the downtrend. It averages the noise level over a period of time and multiplies it by a trader-selected factor. For short trades, it adds the average noise level, multiplied by a factor, to the latest high t

One of the key rules in trading is never move your stops in such a way that your risk increases. Our stop sequence shows the automatic tightening of stops. They appear as a series of decreasing risk points until the trade is eventually stopped out. The problem is that if you enter a trade at any other point than the initial dot of the sequence, you may be placing the stop too close. Stop-entry plots show you the initial value for the stop for each bar. You can use them when you put on a trade,

The Smoothed ROC indicator, developed by Fred Schutzman, is described in "Trading for a Living" book. It is created by calculating the rate of change for an exponential moving average of closing prices. When it changes direction, it helps identify and confirm trend changes. Parameters Smoothing_EMA_Length (13) – The length of the EMA used for smoothing; ROC_Period (21) – The length of the rate of change calculation.

Traders Dynamic Index (TDI) - Overview The Traders Dynamic Index (TDI) is a versatile indicator based on the RSI oscillator.  It helps traders identify market conditions and potential reversals. The TDI combines multiple indicators into one, providing a comprehensive view of market dynamics. Components: - Green line: RSI Price Line - Red line: Trade Signal Line - Blue fill: Volatility Band - Yellow line: Market Base Line Visual Signals: 1. Trend Direction:     - Immediate:       - Green over

This is a trend indicator, as you can see here. When the white line is above the red, it means a bull market. Conversely, the white line below the red line is a bear market. This index is suitable for long - term trading and is suitable for most trading varieties. --------------------------------------------------------------------------------------------