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Indicator values are in the range 0-100. The greater is the indicator value, the greater is the market stability, so the more likely we have trend. The smaller is the indicator value - the less probable the trend is. Tips: Trading on unstable market: Buy, when moving average (blue line) of the CMI indicator is below 40 and the histogram is red. Sell when moving average (blue line) of the CMI indicator is below 40 and the histogram is green
Switch & Refresh Charts This Script shows all the charts open on your MT4 platform in sequence with a delay of the second you specify, and refreshes the displayed charts if desired. When it comes to the first chart you started, it waits for the minute you specify and starts the same cycle again. The file you downloaded is located in the 'Scripts' section and when you come to the graphic you started to finalize, it should be removed from the chart as seen in the screenshot
Double Smoothed Price Momentum Oscillator The Momentum Oscillator measures the amount that a security’s price has changed over a given period of time. The Momentum Oscillator is the current price divided by the price of a previous period, and the quotient is multiplied by 100. The result is an indicator that oscillates around 100. Values less than 100 indicate negative momentum, or decreasing price, and vice versa. Double Smoothed Price Momentum Oscillator examines the price changes in the
Woodies CCI is a momentum indicator that was developed by Ken Woods. It's based on a 14 period Commodity Channel Index (CCI) . It's a fully unbounded oscillator with a base value of 0 and has no lower or upper limit. Some traders use the indicator to spot a number of tradable CCI patterns both with and against the trend, such as the zero line reject, the reverse divergence and the trendline break. The 200 level signals an extreme reading. The indicator is often used in combination with other
A resistance level is the opposite of a support level. It is where the price tends to find resistance as it rises. Again, this means that the price is more likely to "bounce" off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue rising until meeting another resistance level. A support level is a level where the price tends to find support as it falls. This means that the price is more likely to
Volume-weighted average price In finance, volume-weighted average price (VWAP) is the ratio of the value traded to total volume traded over a particular time horizon (usually one day). It is a measure of the average price at which a stock is traded over the trading horizon. VWAP is calculated using the following formula: *It is shown second screenshot in the screenshots. trade that takes place over the defined period of time, excluding cross trades and basket cross trades. for more information
Indicator shows the hourly, 4-hour, Daily, Weekly and Monthly support and resistance zones on the chart you choose. Even if the time frame of the chart changes, the support and resistance zones will continue to be unchanged. It is an indicator that should be kept on the chart of manual trades and shows them the support and resistance zones in the upper time frames
Simple Martingale system EA, You will choose the type of starting order according to the market situation. You will specify the grid range and the take profit value. The Take profit value will be automatically modified according to the number of orders opened and the average opening price. Remember that Martingale systems are always at risk and should be kept under control. Or you must have a large deposit