The indicator displays trend slowdown or possible end of trend and price reversal.
The indicator has no parameters.
When red bars appear and when they become shorter, we can talk about the approaching end of the downtrend.
When green bars become shorter, we can expect the approaching end of the uptrend.
The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns. Parameters
Reversal Hunter is a new leading oscillator. It monitors small changes in volume and price volatility using second derivative, thus providing an accurate prediction of trend reversals. Though Reversal Hunter shows its best results with reliable volume data (tick or real), special option of "synthetic" volume (which uses OHLC data only) is implemented to optimize performance in case of poor or missing volume data. The oscillator is drawn as two-color line for easy detection of trend changes.
Stips is a histogram indicator that determines trend direction and strength, as well as trend changes. The indicator can be used as a normal oscillator, i.e. analyze its trend change signals (crossing the zero line), as well as divergence and exit from overbought and oversold zones. The indicator uses extreme prices of previous periods and calculates the ratio between the current price and extreme values. Therefore its only parameter is Period (default is 13), which sets the number of bars to de
SSACD - Singular Spectrum Average Convergence/Divergence This is an analogue of the MACD indicator based on the Caterpillar-SSA ( Singular Spectrum Analysis ) method. Limited version of the SSACD Forecast indicator. Limitations include the set of parameters and their range. Specificity of the method The Caterpillar-SSA is an effective method to handle non-stationary time series with unknown internal structure. The method allows to find the previously unknown periodicities of the series and mak
It takes average daily data in percentages for last 5 days by default. The indicator shows daily High, Low and the difference in %. Also it show current swaps and a mark. This is necessary information to understand average daily movement of the pair to make correct trading decisions. The swap logic is simple: bigger swap = preferred direction. But you must check the direction using another methods, do not rely only on that data.
Follow The Line This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more powerful and reliable signals. Get them
An analogue of the Stochastic oscillator based on algorithms of singular spectrum analysis (SSA) SSA is an effective method to handle non-stationary time series with unknown internal structure. It is used for determining the main components (trend, seasonal and wave fluctuations), smoothing and noise reduction. The method allows finding previously unknown series periods and make forecasts on the basis of the detected periodic patterns. Indicator signals are identical to signals of the original i
This indicator displays Pivot-Lines, preday high and low, preday close and the minimum and maximum of the previous hour. You just have to put this single indicator to the chart to have all these important lines, no need to setup many single indicators. Why certain lines are important Preday high and low : These are watched by traders who trade in a daily chart. Very often, if price climbs over or falls under a preday low/high there is an acceleration in buying/selling. It is a breakout out of
Technical indicator Relative Strength Index (RSI) is a price following oscillator, whose values vary between 0 and 100. Values below 30 indicate an oversold state, and values above 70 indicate an overbought state. The classic interpretation of it is the following: if the oscillator line goes out of the oversold zone, it is a signal for opening a long position. If it goes out of the overbought zone, it is a signal for opening a short position. The indicator displays entry points on the chart usin
Timeframe-correlation signal generating with Higher than 95% of accuracy This scanner shows the trend values of the TrendBand indicator for up to 20 instruments and H4,H1,M15,M5 and M1 time frames. The scanner collects the trend signals of every timeframes (H4,H1,M15,M5,M1) from TrendBand indicator and also, generates daily signal under the considerations of like correlations of each timeframes,ATM rule and Fibonacci levels. Installation Note Before opening this indicator, the TrendBan
The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). The indicator is a complete analogues of the Trend Monitor indicator for MetaTrader 4 Features The best results are obtained when the indicator works on two ti
The indicator displays the value of ROC (Rate of change) from the selected price or moving average as a histogram. You can plot the moving average ROC values for smoothing indicator. Displayed Data ExtROC - rate of change ExtMAROC - smoothing line Parameters You can change the price, on which the indicator is calculated. Inputs InpMAPeriod - in case you want to calculate the moving average ROC, enter averaging period. Enter 1 for the calculation of the specified prices. InpMAMethod - smoot
ToolBot Probabilistic Analysis - FREE An effective indicator for your negotiations The toolbot indicator brings the calculation of candles and a probabilistic analysis so that you have more security on your own. Also test our FREE tops and bottoms indicator: : https://www.mql5.com/pt/market/product/52385#description Also test our FREE (RSI, ATR, ADX, OBV) indicator : https://www.mql5.com/pt/market/product/53448#description Try our EA ToolBot for free: https://www.mql
The Moving Average Slope (MAS) subtracts the moving average level n-periods ago from the current moving average level. This way, the trend of the moving average can be drawn on the moving average line. Features Observe uptrends and downtrends at a glance. The indicator is non-repainting. Returns buffer values for the trend of the moving average to be used as part of an EA. (see below) Inputs Moving Average Period : The period of the moving average (MA). Slope Period : Number of periods betwe
This is the same indicator created by Mustapha BELKHAYATE now available for free. This indicator is best used to time the market and enter trades during periods of least risk. Apply this indicator along with the Center of Gravity indicator in order to identify price extremes. Then use free timing to trade potential turning points. This indicator is an oscillator similar in ilk to the Relative Strength Index. Indicator values range from 0 to 100, with values below 30 or 20 signaling overselling a
Hull Moving Average (HMA) is well-deservedly popular among traders because of the effective averaging of market noise and a relatively small delay. The current MetaTrader 5 version changes its color when the movement direction changes. Sound and text signals are available. It also supports sending email and push messages. It is possible to trigger a signal on the current incomplete bar, although such a signal may be canceled before completion if conditions are no longer appropriate. One of the p
Free automatic fibonacci is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
Blahtech Candle Timer displays the remaining time before the current bar closes and a new bar forms. It can be used for time management Feature Highlights Multiple Colour Schemes Configurable Text Selectable Location Customisable alerts and messages Optimised to reduce CPU usage Input Parameters Text Location Beside Active Candle Chart Upper Left Chart Upper Right Chart Lower Left Chart Lower Right Text Colour Scheme Manual Colour Scheme. (Use next two parameters below to set the colours)
Demo version of the HMA Trend Professional indicator. The main feature of the "HMA Trend Professional" indicator is the ability to predict the trend reversal with high probability. The trend reversal forecast is based on the statistical analysis of history data. The indicator plots statistical diagrams which can be used by traders to see the current phase of the market (impulse or correction, the beginning, middle or end of the movement) and evaluate the probability of a reversal. See the main p
Spire - показывает трендовый, сигнальный, свечной прорыв в сторону верхней или нижней границы канала, а так же временную или долгую консолидацию в виде прямоугольного канала. Сигналы тренда не перерисовываются. В основу идеи индикатора входит Bollinger Bands. Изменяемые параметры Signal trend -изменение цветовой гаммы сигнального символа тренда Lower limit - изменение цветовой гаммы нижней границы канала Upper limit - изменение цветовой гаммы верхней границы канала Internal field -изменение
This is a free version of the indicator, the period between the vertical lines is always 30 bars. In the paid version the period can be set by user, so a configuration with many ThreePointsChannel indicators with different periods is possible. The principle of construction - on top of any number of bars set by the user, a channel is constructed with maximum and minimum lines so that the bars touch the maximum and minimum of the channel at exactly three points. The name of the indicator follows
ReviewCandleChart is a unique product that can verify past price fluctuations using candlestick charts. This indicator accurately reproduces market price fluctuations in the past and can make trading decisions (entries, profits, loss cut) many times so that you can learn the trading faster. ReviewCandleCahrt is the best indicator to improve trading skills. ReviewCandleCahrt caters to both beginners and advanced traders. Advantages of the indicator This Indicator for verifying price fluctuation
Tops & Bottoms Indicator FREE Tops abd Bottoms: An effective indicator for your trades The tops and bottoms indicator helps you to find ascending and descending channel formations with indications of ascending and/or descending tops and bottoms. In addition, it show possibles opportunities with a small yellow circle when the indicator encounters an impulse formation. This indicator provide to you more security and speed in making entry decisions. Also test our FREE advisor indicator:
The MACD indicator in MetaTrader 4/5 looks different than the MACD indicator in most other charting software. That's because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA whereas according to MACD definition it's supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal l
The Grab indicator combines the features of both trend indicators and oscillators. This indicator is a convenient tool for detecting short-term market cycles and identifying overbought and oversold levels. A long position can be opened when the indicator starts leaving the oversold area and breaks the zero level from below. A short position can be opened when the indicator starts leaving the overbought area and breaks the zero level from above. An opposite signal of the indicator can be used for
This Renko Advanced indicator can be considered as a trading system. The indicator offers a different view to see the currency pair: it is a full timeless indicator and it can be used for manual trading or for automatized trading with some expert advisor. When the price reaches a threshold a new block is created. It takes advantage of a visualization similar to Renko visualization type, offering less noise than usual candles bar. The indicator beside the Renko bars, shows also 3 moving aver
With this system you can spot high-probability trades in direction of strong trends. You can profit from stop hunt moves initiated by the smart money! Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718109 Please read also the blog about the usage of the indicator: Professional Trading With Strong Momentum This FREE Version of the indicator works only on EURUSD and GBPUSD. The full version of the indicator can be found here:
The Commitments of Traders Ratio Indicator is one of these things you never thought about it before you really see the magic behind it. The indicator shows the Ratio of long/short positions released by the CFTC once a week. If you have a look on the Sreenshot you can see two (three) zones of interest. Important note: MAs are not available in version 1.0. Zone 1: The Switches (Red -> Green, Green -> Red) Zone 2: MA cross Zone 3: If you combine this with the COX indicator an additional zone will
RSI talking, use all your senses while trading! The idea When trading your eyes might be very stressed. Therefore I programmed the RSItalking. Trade what you see and what you hear ! Function This indicator says "rsioverbought" when rsi is over a threshold value (default 75%) and "rsioversold" if it is under a lower threshold (default 25%). When you keep a long position be adviced to realize profit when the indicator tells you "rsioverbought" and vice versa. You will find an explanation of th