Currency Strength Tracker
This indicator is a high quality trading tool that tracks and displays the relative strengths of the 8 major currencies (EUR,GBP,USD,AUD,NZD,CHF,CAD,& JPY). The relative strength values are obtained using the slope of a moving average. All 28 major currency pairs are analyzed and the slopes of the moving averages are recorded. The base currency of each currency pair is credited with the slope of the MA, whether positive or negative, and the quoted currency is credited with the MA slope * -1. This way, the strength of each currency will directly reflect the strength of the trends in each currency pair. So, for example, if the moving average on the EURUSD has a positive slope, the EUR will be credited with that positive number and the USD will be credited with the negative equivalent of that number. This will indicate the strengths of the EUR and USD for this currency pair as positive for the EUR and negative for the USD, and the magnitude of the slope will indicate exactly how strong or weak each currency is. This analysis will be done on all 28 major currency pairs, so by the end, each currency will have 7 different strength values from each currency pair it’s a part of. Then these numbers are added together to give the final strength value for each currency. This can be extremely useful as it will help you spot gaps in the strengths of the currencies, which you can use to help make profitable trades by trading the strong currency against the weak. This indicator shows all the current strengths of all 8 currencies in real time. Each currency is represented by a different indicator line, and the currencies are listed in descending order from strongest to weakest on the far right side of the chart. This makes it quick and easy to analyze the different currency strengths, and spot potentially profitable trade opportunities. This indicator has several variables that you can customize. These inputs include the MA period, IntShift, IntShift_2, MA_Method, and AppliedPrice. The MA period is the value for the period of the moving average used to calculate the currency strengths. IntShift and IntShift_2 are the two points between which the slope of the MA is calculated. So, if IntShift and IntShift_2 were set to 1 and 30, respectively, then the slope calculation of the MA would be done between the 1 stcandle and 30 thcandle relative to the current bar. The MA_Method is the smoothing method for the moving average. The options for this variable are: 0 for Simple Averaging, 1 for Exponential Averaging, 2 for Smoothed Averaging, and 3 for Linear-weighted Averaging. The AppliedPrice variable refers to the price that the indicator uses to calculate the moving average. The options for this variable are: 0 for close price, 1 for open price, 2 for high price, 3 for low price, 4 for median price, 5 for typical price, and 6 for weighted price.
Recommended for trading using Market Profile and VSA. The indicator displays profile of different periods on one chart. Minimum profile period is 15 minutes. The period of each next profile is twice the size of the previous one. The VAH/VAL price area is displayed on each profile. Price levels, where borders of price areas of different periods' profiles converge in one line, represent reliable support/resistance levels. The indicator displays volume accumulation areas on the chart to confirm rel
Χ15 indicator is a MetaTrader 4 tool that allows you to BUILD & BACKTEST ON REAL TIME your own strategies quickly, easily and efficiently. It contains 15 of the most popular technical analysis indicators that you can use, each one in a different way. Choose the indicators that you want to use, select how you will use them and you will see on the chart BUY (green) and SELL (red) arrows implementing your strategy. Choose Take Profit and Stop Loss and you will see the results of your strategy with
The market is unfair if only because 10% of participants manage 90% of funds. An ordinary trader has slim changes to stand against these "vultures". This problem can be solved. You just need to be among these 10%, learn to predict their intentions and move with them. Volume is the only preemptive factor that faultlessly works on any timeframe and symbol. First, the volume appears and is accumulated, and only then the price moves. The price moves from one volume to another. Areas of volume accumu
This indicator displays the histogram and arrows on chart. When Simple The Best Pro are placed on a chart, they identify the trend. The color of may be blue or red. The blue color stands for upside moves and the red color stands for downside trends. The indicator offers to set Stop Loss (SL) and Take Profit (TP) setting. The default value is ATR. Indicator has automatic optimization. The STB is a unique indicator that shows the tendency (button Bars) of a particular signals. The STB tells us
The volume indicator is placed in the main chart window and is a replacement of the standard indicators (ctrl + L) on a chart. Also the last bar has two measurement, the first one reflects the actual (or current) value of the volume, and the second one shows the predicted level at the end of the period of the current candle based on the chart period. Thus, it simplifies evaluation of reversal bars and power candlestick patterns.
Time Bubble ***Specialized for GBPJPY 1H time frame*** (tested for two years with success rates about 82%) Time Circle's smart algorithm detects the price circles with time . give strong signals at the right time as result of combine the price and time. our team spent months to develop this indicator specially for GBPJPY ..with high success rates about 82% win trades over two years .tested from December 2016 to November 2018. *** in last two years total signals 1012 with 829 Wins and
Standard deviation of returns is a popular way to view how the return of one bar relates to history. By knowing that you can better understand the magnitude of any return. The signal is calculated by taking the prior periods returns, adjusting for volatility of the returns of the last twenty periods, and dividing by the standard deviation. It is displayed in a separate panel as a histogram.
PipTick Volume indicator is a great tool for measuring tick volume activity. It quickly and easily helps traders to evaluate the current size of volume. The indicator for the classification of the volume size uses the moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra low, low, average, high, very high or ultra high. This indicator can calculate moving average by four methods: SMA - Simple Moving Average SMMA -
Why do we use Volume? Volume is the most valuable data after the price. What can this Indicator do? It can confirm the current open interest according to the volume Volume above average means that the open interest among traders is high. Volume below average means that the open interest among traders is low. Parameters The Fast Volume Index . The histogram represents the average volume according to the shorter amount of periods. The Slow Volume Index . The line represents the average volume acco
This volume indicator for MT4 visually demonstrates the market strength. As distinct from standard Volumes, it filters noise of tick volumes. Convenient for visual detection of volumes on a symbol. Its main property is visuality. As of today brokers of MT4 do not transmit real volumes, and if you trade basing on the volume analysis, the indicator will help you to develop your strategy. If you compare this indicator and the indicator on real volumes, visual results will be similar.
The ProfileVolumesMarket indicator calculates tick volume on each price level in a selected range. Volume is vital when determining strength and therefore significance of price levels. The calculation range is set by a trader by means of moving two vertical lines. Thus the indicator allows to track important levels on different steps of a symbol price formation. A histogram of volume profile can be displayed on the chart (or removed from the chart) if you press "ON" ("OFF") button. When you chan
This indicator is a supplement to the Arbitrage Visualiser PRO MT4 trading system. The indicator has three configured parameters: HistorySize - depth of the indicator value display in the window. FastMode - display the changes in ticks with definition of one millisecond or with definition of one tick on the current symbol. HistogramMode - display the difference in quotes as a histogram. The prices of the current broker are taken as 0, the color columns display the deviations of the slave brokers
This indicator calculates the volume profile and places labels that correspond to the VAH, VAL and POC levels, for each candle individually. Indicator operation features The indicator works on the timeframes from M5 to MN, but it uses the history data of smaller periods: M1 - for periods from M5 to H1, M5 - for the H4 period, M30 - for the D1 period, H4 - for the W1 period, D1 - for the MN period. The color and location of the VAL, VAH and POC labels on the current candle are considered to be
This indicator is a conventional analytical tool for tick volumes changes. It calculates tick volumes for buys and sells separately, and their delta on every bar, and displays volumes by price clusters (cells) within a specified bar (usually the latest one). The algorithm used internally is the same as in the indicator VolumeDelta , but results are shown as cumulative volume delta bars (candlesticks). Analogous indicator for MetaTrader 5 exists - VolumeDeltaBars . This is a limited substitution
Delta Single Volume FREE is a very powerful indicator that reads the supply on the Market. It calculates the Delta from movement of the price and the difference of BUY and SELL volumes. Its special structure allows you to get all timeframe values available on the MT4 platform. A good observation of this instrument can suggest great entry points and possible reversal. We are confident that this tool will help you to improve your trading timing. FREE Version usable only on EURNZD. For FULL version
In the age of speed, everyone wants to gets what he/she wants quickly. Trading is all about gaining money, and scalping is a way of doing it in a short time. The "Scorpion Scalper Pro" has been named on the scorpion because of its speed. The indicator serves to provide signals for the M15 timeframe. It also sends Alerts (window alert, email alert, push notification alert) whenever a buy/sell signal occurs, and the alerts are customizable (they can be turned ON or OFF). Indicator inputs : - Buy
Magic Candles is a new unique product that allows identifying the current market phase (uptrend, downtrend or flat). This indicator paints bars in different colors depending on the current state of the market and signals the user about trend changes with alerts. Magic Candles is perfect for trading currencies (including cryptocurrencies) and binary options. Magic Candles is another product of the Magic series: Magic Arrow , Magic Histogram . Advantages High accuracy of signals. Suitable for sc
Trading Vol Index shows the volume of Buying and Selling trades on the current bar or on average of specific number of last bars as you want . Both volumes are shown simultaneously with green index and red index colors for Buying and Selling trading volumes respectively. Notice : This indicator Works on any timeframe and any pair of currencies It is the same like Trading Volume Indicator . It has the same idea and calculations, but the difference is the presentation as it is shown in screenshots
PipTick Correlation shows the actual correlation between the selected instruments. The default setting is set to 28 currency pairs, gold and silver, but the indicator can compare any other symbols. Interpretation of the indicator Positive correlation (corellation is above 80 %) Negative correlation (corellation is below -80 %) Weak or no correlation (corellation is between -80 and 80 %) Main features The indicator shows actual correlation between the selected instruments Simple comparison of
⭐⭐⭐⭐⭐ 24 hour event. Discount -34% on the product market profile singles indicator. Next price 75 usd . MT5 : https://www.mql5.com/en/market/product/53385 Theory: Market profile - Singles : Singles or single prints ( or gap ) of the profile are placed in the middle of a profile structure, not at the upper or lower edge. Singles draw our attention to places where the price moved very fast ( impulse movements) and therefore the market imbalance and show us the area of imbalance. Singles
Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart ► www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde
Revolutionary approach to forex Prices are in predictable waves and cycles. They are hidden from retails. Nothing Price action, Market Profile, Ellliot Wave or Gann or etc. Daily levels. There are a margin calls on these levels. The indicator is used to avoid poor inputs and poorly selected stop losses. It also allows you to set a real profit targets. Trial version work only on EURUSD
LVN and POC Zones Lite Version only works with EURUSD FULL VERSION HERE Description The indicator uses market profile theory to show the most relevant trading zones, on a daily basis. The zones to be shown are LVN (low volume nodes) and POC (point of control). An LVN zone is one which represents price areas with the least time or volume throughout the day. Typically, these areas indicate a supply or demand initiative, and in the future, they can turn into important breakout or retracement zones.
Round prices are very important for all of the traders in all markets and you can use round prices in your analyses. MV Round Price is a important indicator for add round prices in your chart automatically. Parameters StepPip : Distance between round price. (ex: if you use 1000 in 5 digits brokers so we have 1.10000 , 1.11000, 1.12000 and more) MaximumHLine : Total number of round prices in your chart HClr : Line color HStyle : Line style HWidth : Line width
This is a very simple indicator that makes your trading activity easier. It displays the following values in the upper left corner of the chart: Price of one point in $ for the current pair Spread for the current pair The product works with any charts with no need for adjustments. Simply launch MiniHelper on any chart you need and watch the results. The program is still under development. Following trend at different timeframes on a single currency pair with subsequent display of the values o
This is the FREE version of Net Change Indicator. The indicator Net Change is a very useful tool able to extrapolate a percentage in order to have a real reference on the performance of the instrument. This indicator is designed to show the main values: you could monitor the Daily, Weekly, Monthly, Quarterly, Semi-annual and Annual percentages. A necessary tool for those who want to really explore the quantitative logic of the market. Input parameters: ONLY AUDUSD symbol Visible_D1 (ON/OFF Dai
Universal Moving Average is an indicator that calculates the average price using different smoothing methods. Settings Profile - predefined profile (GFK-based (GFK is an indicator with two steps of smoothing), GFK Fast, Custom - Custom settings); MAType - first smoothing moving average type; MAPeriod - period of the first moving average; UseSecondMovingAverage - use the second moving average for smoothing; MAType2 - second moving average; MAPeriod2 - period of the second moving average. Noti
Χ15 indicator is a MetaTrader 4 tool that allows you to BUILD & BACKTEST ON REAL TIME your own strategies quickly, easily and efficiently. It contains 15 of the most popular technical analysis indicators that you can use, each one in a different way. Choose the indicators that you want to use, select how you will use them and you will see on the chart BUY (green) and SELL (red) arrows implementing your strategy. Choose Take Profit and Stop Loss and you will see the results of your strategy w
This indicator displays the historical bid and ask prices on the chart. This is an extremely useful tool for watching the spread rise and fall, as well as watching to see whether or not the bid and ask prices are converging or diverging. This tool will allow you to enter the market at just the right time. This indicator will help you stay out of the market when the spread begins to rise and help you get into the market as the spread begins to fall again. ON SALE FOR FREE, GET IT FREE FOR A LIM
This indicator provides a true volume surrogate based on tick volumes. It uses a specific formula for calculation of a near to real estimation of trade volumes distribution , which may be very handy for instruments where only tick volumes are available. Please note that absolute values of the indicator do not correspond to any real volumes data, but the distribution itself, including overall shape and behavior, is similar to real volumes' shape and behavior of related instruments (for example, c