Donchian Trend Ribbon 2

5
I think you all know Donchian Channels. so I am not going to write about it.

With this indicator I tried to create Donchian Trend Ribbon by using Donchian Channels.

How it works ?
- it calculates main trend direction by using the length that is user-defined. so you can change it as you wish
- then it calculates trend direction for each 9 lower lengths. if you set the length = 20 then the lengths are 19, 18,...11
- and it checks if the trend directions that came from lower lengths is same or not with main trend direction.
- it changes the trend color of the ribbon.
-

Warning: Entry points may also represents trend reversal. So you should use stoploss line if you decide to take buy/sell positions.



Recensioni 3
Findolin
2130
Findolin 2025.09.02 17:30 
 

Very good and helpful indicatoer. Thank you very much!

Van Khiet Tran
142
Van Khiet Tran 2024.04.10 08:13 
 

Great indicator.

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The Trend Forecaster indicator utilizes a unique proprietary algorithm to determine entry points for a breakout trading strategy. The indicator identifies price clusters, analyzes price movement near levels, and provides a signal when the price breaks through a level. The Trend Forecaster indicator is suitable for all financial assets, including currencies (Forex), metals, stocks, indices, and cryptocurrencies. You can also adjust the indicator to work on any time frames, although it is recommen
Advanced Supply Demand MT5
Bernhard Schweigert
4.53 (15)
La migliore soluzione per qualsiasi principiante o trader esperto! Questo indicatore è uno strumento di trading unico, di alta qualità e conveniente perché abbiamo incorporato una serie di funzionalità proprietarie e una nuova formula. Con questo aggiornamento, sarai in grado di mostrare fusi orari doppi. Non solo potrai mostrare una TF più alta, ma anche entrambe, la TF del grafico, PIÙ la TF più alta: SHOWING NESTED ZONES. Tutti i trader di domanda di offerta lo adoreranno. :) Informazioni imp
Btmm state engine pro
Garry James Goodchild
5 (3)
Get the user guide here  https://g-labs.software/guides/BTMM_State_Engine_Welcome_Pack.html BTMM State Engine Pro — the   all-in-one Banks   & Institutions Market Maker indicator for Meta Trader 5. Built for   BTMM traders who follow the Asian   session breakout methodology with Kill Zone timing , level stacking, peak formation detection , and multi-pair scanning — all   from a single chart. Combines   a full BTMM State Engine   with a built-in multi-pair Scanner dashboard, eliminating the need
Pips Stalker mt5
Abdulkarim Karazon
5 (2)
Il Pips Stalker è un indicatore a freccia lunga e corta, aiuta i trader di tutti i livelli a prendere decisioni migliori nel trading sul mercato, l'indicatore non viene mai ridipinto e usa l'RSI come logica principale del segnale; una volta applicata una freccia, non verrà mai ridipinta o ridipinga e le frecce non vengono ritardate. VERSIONE MT4 <---- CARATTERISTICHE DELLA FRECCIA PIPS STALKER : PANNELLO STATISTICHE un dashboard informativo unico che mostra la percentuale complessiva di
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Stop and Take EA
Luis Enrique Ricales
3.67 (3)
The Expert Advisor is only designed for manual trading. The EA sets stop loss and take profit for positions and pending orders on the current symbol. It also has trailing stop and breakeven functions. Input Parameters Stop loss   - stop loss value; Take profit   - take profit value; Close all if profit reached the x percent of balance or   - close all positions once the total profit reaches x percent of balance; close all if profit reached the x profit amount in currency   - close all positions
FREE
EA Smile 1 MT5
Luis Enrique Ricales
4.67 (3)
The EA tries not to open more than two positions of each type (BUY and SELL). The following rule is used: if there is a position, then the next position of the same type can be opened no earlier than after   Trade once in the "timeframe of checked elements"   * number of seconds on the   History: timeframe of checked elements   timeframe. Input Values Trade once in "timeframe of checked elements"   - the minimum time interval, after which the second position can be opened (the parameter value i
FREE
Chandelier closed
Luis Enrique Ricales
5 (1)
Developed by Charles Le Beau and featured in Alexander Elder's books, the Chandelier Exit sets a trailing stop-loss based on the Average True Range (ATR). The indicator is designed to keep traders in a trend and prevent an early exit as long as the trend extends. Typically, the Chandelier Exit will be above prices during a downtrend and below prices during an uptrend. Calculation The original Chandelier Exit formula consists of three parts: a period high or period low, the Average True Rang
FREE
Mt5 waddah attar
Luis Enrique Ricales
5 (1)
En esta versión, las alertas están funcionando y en la versión que publicó, la zona muerta de atr era solo una zona muerta sin atr, por lo que también la convirtió en una zona muerta de atr. Indicator input parameters   input int Fast_MA = 20;       // Period of the fast MACD moving average input int Slow_MA = 40;       // Period of the slow MACD moving average input int BBPeriod=20;        // Bollinger period input double BBDeviation=2.0; // Number of Bollinger deviations input int  Sensetive=
FREE
SSL Alerts
Luis Enrique Ricales
================         // Average period                      ma_Sma,                               // Simple moving average          ma_Ema,                               // Exponential moving average          ma_Smma,                              // Smoothed MA          ma_Lwma                               // Linear weighted MA ===============   // Average method       // Turn alerts on?       // Alert on current bar?      // Display messageas on alerts?        // Play sound on alerts?    
FREE
EA Smile 2 MT5
Luis Enrique Ricales
The EA trades on two indicators iMA (Moving Average, MA) and one iRSI (Relative Strength Index, RSI). Decision on trade signals is only made when a new bar appears, while positions are trailed and closed (in case of profit) at every tick. An unconventional solution was applied: The   Slow   indicator averaging period is calculated as the   Fast   averaging period multiplied by two, while the   RSI   averaging period is always equal to the   Fast   averaging period. This reduces the number of par
FREE
EA Smile 3 MT5
Luis Enrique Ricales
Working with pending orders Buy Stop and Sell Stop. A channel of two indicators iMA (Moving Average, MA). Input parameters Take Profit   - Take Profit; Trailing Stop   - trailing; Trailing Step   - trailing step; Lots   - lot size is set manually (a NECESSARY CONDITION:   Risk   must be equal to zero!); Risk   - lot size is calculated automatically, in risk percents per trade (a NECESSARY CONDITION: "Lots" must be equal to zero!); Difference   - offsets from the channel borders; Expert Every Ti
FREE
Trend Envelopes indicator is calculated based on a % of price change. That % is then used to determine if there is a new trend or trend remains the same. This version is using Standard Deviation for the price change calculation instead and is adding prices smoothing prior to be used in calculations. The smoothing can be done using one of the 4 average types: *   Simple Moving Average *   Exponential Moving Average *   Smoothed Moving Average *   Linear Weighted Moving Average Also, this
FREE
Volty Channel Stop
Luis Enrique Ricales
Es un indicador que no se repinta y que muestra la tendencia a corto plazo. contiene lo siguiente: Visual Mode MA Period  MA Method MA Price ATR Period Volatility Factor Offset Factor  Use Break Use Envelopes Use Alert cualquier sugerencia hagamelo saber en los comentarios y también colocar estrellas para postear más contenido, indicadores y advisor actualizadas
FREE
SAR based on MA
Luis Enrique Ricales
La idea de este indicador es la siguiente: reemplazar los precios High, Low del indicador SAR por los valores del indicador Moving Average. Al final tendremos la siguiente imagen: Es decir, el indicador SAR cambia su dirección después de tocar el indicador Moving Average. Parámetros de entrada SAR: Step   - parámetro "Step" del indicador SAR; SAR: Maximum   - parámetro "Maximum" del indicador SAR; MA: Period   - parámetro "período de promediación" del indicador MA; MA: Shift   - parámetro "des
FREE
Encrypter 1 EA
Luis Enrique Ricales
==   ACCOUNT SETTINGS   == Percentage of balance lost before trading stops Small Lot Account (0.01) Percentage of account you want to trade on this pair Permitted Portion change with open basket Percent of portion for max drawdown level. Maximum allowed spread while placing trades Enable holiday shut-downs Comma-separated holiday list (format: [day]/[mth]-[day]/[mth]) Audible alerts Alert sound --- Opt. with 'Open prices only' --- Stop/Limits for entry if true, Buys/Sells if false Market condi
Encrypter 2 EA
Luis Enrique Ricales
5 (2)
Preparati a portare il tuo trading al livello successivo con Encrypter 2 EA 1.7! Scopri le ultime funzionalità che abbiamo aggiunto per migliorare ulteriormente la tua esperienza di trading. Migliora i tuoi risultati e realizza operazioni più intelligenti con i nostri nuovi strumenti avanzati. Caratteristiche in primo piano: Analisi potente: Utilizza indicatori tecnici d'élite come MACD e SAR per analizzare il mercato in modo accurato. Decisioni intelligenti: Valuta le condizioni di mercato e pr
Encrypter 3 EA
Luis Enrique Ricales
Ready to give a boost to your operation in the financial market?   Our EA is the ally you need.   But before going into details, let's remember the golden rules that guide our description: Rules We Respect   : No Promises of Earnings:   First of all, we are realistic.   We do not guarantee instant profits.   Trading is a world of risks and rewards. No Exaggerations:   We do not need to resort to exaggerated superlatives to highlight the advantages of our product.   The facts speak for themselve
Encrypter 4 EA
Luis Enrique Ricales
Caratteristiche in primo piano: Analisi del segnale MACD   :     l'EA utilizza l'indicatore MACD (Moving Average Convergence/Divergence) per identificare le opportunità di trading.   La logica è inclusa per l'inversione MACD, il crossover e i segnali crossover. Gestione delle posizioni   :     offre funzionalità avanzate di gestione delle posizioni, inclusa la chiusura di tutte le posizioni aperte e il controllo dell'esistenza di posizioni per un simbolo specifico e un numero magico. Controllo d
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Findolin
2130
Findolin 2025.09.02 17:30 
 

Very good and helpful indicatoer. Thank you very much!

Kran5
504
Kran5 2025.03.02 02:12 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Van Khiet Tran
142
Van Khiet Tran 2024.04.10 08:13 
 

Great indicator.

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