Knight

1

This indicator shows the market entry and exit points.

It is good for both beginners and professional traders.

The product works on any timeframe and financial instrument.

The indicator is designed for scalping.

It does not redraw.

It is based on the divergence between two moving averages, which have a special smoothing algorithm.

The first moving average is colored in Magenta. It indicates the general movement of the trend.

The second moving average is colored in LawnGreen. It appears on the chart, when mode = true. This line is a combination of the difference between several moving averages, similar to the algorithm of Awesome Oscillator. It is not limited to that, as the differences here consist of movements that have a special smoothing algorithm.

In addition, the combination of moving averages differs from the combination of Awesome Oscillator.

This makes the indicator faster and more efficient than Awesome Oscillator.

  • If the first moving average is moving upwards, while the second line moves downwards, it means a divergence that should be avoided.
  • If both moving averages move in the same direction, look for market entry opportunities.

White and blue arrows indicate the potential entry points.


Parameters

  • Bar - the number of bars for calculating the indicator
  • M - period of the moving averages
  • mode - mode parameters
    • If mode = true, the moving average is visible on the chart
    • If mode = false, the moving average is not displayed on the chart


How to set up

To change the parameters, right-click the chart, select Charts => Indicators List => Knight => Edit.

The indicator's window will appear. Set parameters.

Save the template: right-click on the chart, select Charts => Template => Save Template
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Binary Options Trading Indicator: A Reliable Tool for Your Trades This indicator is specifically designed for binary options trading and has proven its high quality, reliability, and adequate accuracy, depending on the dynamics of the chart. Key Points: Signal Interpretation: When a blue cross signal appears, it indicates a potential entry into a trade, though it is considered a weak signal on its own. However, if the blue cross is accompanied by an arrow, it is considered a more reliable buy s
Questo cruscotto mostra gli ultimi pattern armonici disponibili per i simboli selezionati, in modo da risparmiare tempo ed essere più efficienti / versione MT5 . Indicatore gratuito: Basic Harmonic Pattern Colonne dell'indicatore Symbol : vengono visualizzati i simboli selezionati Trend: rialzista o ribassista Pattern: tipo di pattern (gartley, butterfly, bat, crab, shark, cypher o ABCD) Entry: prezzo di ingresso SL: prezzo di stop loss TP1: 1 prezzo di take profit TP2: 2 prezzo di take pr
Altri dall’autore
BB Classic
Stefan Stoyanov
4 (1)
Automated medium-term Expert Advisor. It is based on Bollinger Bands . The EA is optimized for EURUSD H1 . The robot should be optimized for use on other instruments. The Expert Advisor does not use hedging, martingale, grid, arbitrage etc. The results obtained in the strategy tester are identical to the results of real trading. Since the results for Control points are close to results of optimization in every tick mode, the EA allows for quick optimization using Control points . Parameters Mod
FREE
Middle Volume
Stefan Stoyanov
3.5 (2)
The indicator measures volumes on different charts and instruments. Its main advantage is the ability to compare separate brokers. The less Middle Volume and Tick / Second , the more reliable is the broker. There is a comment in the upper left corner Comment data: Tick/Second — number of ticks per second for a selected instrument Middle Volume — average volumes in the penultimate bar This indicator allows tracking a relative market activity for different timeframes. If the volumes are lower than
FREE
Maggi
Stefan Stoyanov
1 (1)
Fully automated and safe medium-term multicurrency trading robot based on a strategy consisting of several standard indicators. The LockerStop parameter activates the virtual protective stop logic. If LockerStop is not zero, and the loss of an open positions is greater than LockerStop , the EA opens an opposite protective position. The closure of two positions is based on interval virtual stop logic. It is recommended to use the H1 timeframe and the following currency pairs: EURUSD and GBPUSD. C
FREE
BB St Dev
Stefan Stoyanov
BB St Dev BB St Dev is analogous to the Bollinger indicator. Upper and lower parts of the Bollinger channel are calculated by means of iStdDev . iStdDev is a standard indicator of МetaТrader 4. Moving average has a special smoothing algorithm. Settings M - period of Moving average BandsDeviations parameter - channel generation factor. Apart from classic Bollinger Bands, BandsDeviations can possess any value here. Visio parameter If Visio = False , this indicator will coincide with the Bollinger
Auto Pr
Stefan Stoyanov
This trading system ( Multi scalper EA) uses no indicators. The EA tracks positive and negative tick movements in real time. The program calculates the difference between highest and lowest price deviations and averages the results. If the averaging result exceeds price_slippage , it is replaced with the calculated value. If the tick volatility increases, then the value of price_slippage is also expected to rise. The EA calculates the differences between positive and negative price movements and
Merlin
Stefan Stoyanov
The algorithm of the indicator is based on the fact that the price is attracted to the slow moving average The same applies to a fast moving average that moves around a slow moving average These moving averages have a special smoothing algorithm. When the fast Moving average goes up and is below the slow Moving average, we have a potential signal to open a position-Buy entry When the fast Moving average goes down and is above the slow Moving average, we have a potential signal to open a positio
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maroonxy
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maroonxy 2021.10.04 21:30 
 

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