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The indicator is based on readings of two oscillators: Bulls Power and Bears Power. It clearly shows the balance of buyers and sellers power. A signal for entering a deal is crossing the zero line and/or a divergence. When the volume filter is enabled, yellow histogram bar shows low trading volume (below average for 50 previous bars).

Input Parameters:

  • Period - calculation period, 13 on default;
  • CalculatedBar - number of bars for displaying a divergence, 300 on default;
  • Filter by volume - volume filter, false on default. If it is enabled, then the divergence signals do not appear and a histogram bar is colored in yellow in case the volume is less than the average volume for previous 50 bars. Three modes are available: False, True, Auto. In Auto mode, the filter is automatically enabled on timeframes M30 and lower; and it is disabled on timeframes greater than M30;
  • Display divergence alert - enables notifications of divergence, true on default;
  • Display cross zero alert - enables notifications of crossing a zero level, true on default;
  • Draw indicator trend lines - enables displaying the trend lines of the indicator during divergence, true on default;
  • Draw price trend lines - enables displaying the trend lines on the price chart during divergence, true on default;
  • Line bull divergence color - select a color for the trend line displayed during bullish divergence, Green on default;
  • Line bear divergence color - select a color for the trend line displayed during bearish divergence, Red on default.

The indicator works with any currency pair and timeframe.

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SuperScalp Pro – Sistema avanzato di indicatore per scalping con filtri multipli SuperScalp Pro è un sistema avanzato di indicatore per scalping che combina il classico Supertrend con molteplici filtri di conferma intelligenti. L’indicatore funziona in modo efficiente su tutti i timeframe da M1 a H4 ed è particolarmente adatto per XAUUSD, BTCUSD e le principali coppie Forex. Può essere utilizzato come sistema stand-alone o integrato in modo flessibile nelle strategie di trading esistenti. L’indi
Max Ribbon Mt5
Stefano Frisetti
ATTENZIONE: Questo indicatore è distribuito ESCLUSIVAMENTE su MQL5.com Versione MT4:   https://www.mql5.com/it/market/product/160363 Versione MT5:   https://www.mql5.com/it/market/product/160410 ================================================================================ MAX RIBBON ver 1.00 L'indicatore che ti mostra il TREND in modo chiaro e inequivocabile! ================================================================================ DESCRIZIONE MAX RIBBON è un indicatore di trend
MTF Supply Demand Zones MT5
Georgios Kalomoiropoulos
5 (1)
Nuova generazione di zone di domanda e offerta automatizzate. Algoritmo nuovo e innovativo che funziona su qualsiasi grafico. Tutte le zone vengono create dinamicamente in base all'azione dei prezzi del mercato. DUE TIPI DI AVVISI --> 1) QUANDO IL PREZZO RAGGIUNGE UNA ZONA 2) QUANDO SI FORMA UNA NUOVA ZONA Non ottieni un altro indicatore inutile. Ottieni una strategia di trading completa con risultati comprovati.     Nuove caratteristiche:     Avvisi quando il prezzo raggiunge la zona di
Altri dall’autore
The indicator displays divergence for any custom indicator. You only need to specify the indicator name; DeMarker is used by default. Additionally, you can opt for smoothing of values of the selected indicator and set levels whose crossing will trigger an alert. The custom indicator must be compiled (a file with ex5 extension) and located under MQL5/Indicators of the client terminal or in one of the subdirectories. It uses zero bar of the selected indicator with default parameters. Input parame
FREE
Trend check USDCHF
Vladimir Gotsulenko
2 (2)
This indicator gives full information about the market state: strength and direction of a trend, volatility and price movement channel. It has two graphical components: Histogram: the size and the color of a bar show the strength and direction of a trend. Positive values show an ascending trend and negative values - a descending trend. Green bar is for up motion, red one - for down motion, and the yellow one means no trend. Signal line is the value of the histogram (you can enable divergence sea
FREE
Best Wave
Vladimir Gotsulenko
3.5 (4)
The indicator of trend (flat) with a price channel. Trading Buy - the price have crossed the central line upwards (the candlestick has closed above the line) and the channel is oriented horizontally (yellow line) or directed upwards(green line). Move to breakeven when reaching the opposite border of the channel. Close positions when conditions for selling are formed. Sell - the price have crossed the central line downwards (the candlestick has closed below the line) and the channel is oriented
FREE
VSA Volume Spread Analysis
Vladimir Gotsulenko
4.1 (10)
The indicator produces signals according to the methodology VSA (Volume Spread Analysis) - the analysis of trade volume together with the size and form of candlesticks. The signals are displayed at closing of bars on the main chart in the form of arrows. The arrows are not redrawn. Input Parameters DisplayAlert - enable alerts, true on default; Pointer - arrow type (three types), 2 on default; Factor_distance - distance rate for arrows, 0.7 on default. Recommended timeframe - М15. Currency pair
Angle Regression Line MT4
Vladimir Gotsulenko
4.67 (3)
The indicator allows determining the strength and direction of the trend precisely. The histogram displayed in a separate window shows changes of the slope of the regression line. A signal for entering a deal is crossing the zero line and/or a divergence. The indicator is also useful for wave analysis. Input Parameters: Period - period of calculation, 10 on default; Angle threshold - slope at which a flat is displayed, 6.0 on default (within the range from -6.0 to 6.0); Filter by volume - volume
The indicator produces signals according to the methodology VSA (Volume Spread Analysis) - the analysis of trade volume together with the size and form of candlesticks. The signals are displayed at closing of bars on the main chart in the form of arrows. The arrows are not redrawn. Input Parameters: DisplayAlert - enable alerts, true on default; Pointer - arrow type (three types), 2 on default; Factor_distance - distance rate for arrows, 0.7 on default. Recommended timeframe - М15. Currency pair
Displays divergence for any custom indicator. You just need to specify the name of an indicator name; on default it uses CCI. In addition you can set smoothing for the selected indicator as well as levels. If one of these levels is crossed, you'll receive a notification. The custom indicator must be compiled (a file with extension EX5) and it must be located in MQL5/Indicators directory of the client terminal or in one of its subdirectories. It uses zero bar of the selected indicator with defaul
Trend check
Vladimir Gotsulenko
This indicator gives full information about the market state: strength and direction of a trend, volatility and price movement channel. It has two graphical components: Histogram: the size and the color of a bar show the strength and direction of a trend. Positive values show an ascending trend and negative values - a descending trend. Green bar is for up motion, red one - for down motion, and the yellow one means no trend. Signal line is the value of the histogram (you can enable divergence sea
Angle DeMarker MT5
Vladimir Gotsulenko
The indicator shows the angle of the DeMarker indicator line, which allows you to identify possible price extrema more accurately. Histogram bar color and size indicate the direction and angle of the DeMarker line. When the trade volume control is enabled, a yellow bar is an indication of the volume being lower than average over the past 50 bars. The color of the main indicator line shows whether the price has reached an overbought/oversold level in accordance with DeMarker indicator values. The
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