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DeviationScaledMAV1

The "Deviation Scaled Moving Average Crosses" indicator is a powerful technical analysis tool designed for the MetaTrader 5 trading platform. It facilitates informed trading decisions by visually presenting the interaction between two moving averages, both of which are smoothed and scaled to offer enhanced insights into market trends. This custom indicator is developed by mladen and is copyright-protected for the year 2023.

Using a unique approach, the indicator displays two types of deviation scaled moving averages (DSMA) on a price chart: a fast DSMA and a slow DSMA. The fast DSMA reacts more responsively to recent price movements, while the slow DSMA provides a broader perspective on market trends. These two moving averages are thoughtfully scaled and colored to provide a clear visual distinction between them.

Key Features:

Fast and slow deviation scaled moving averages offer a dynamic view of market trends.
The indicator dynamically adjusts to different market conditions, optimizing its responsiveness.
Customizable input parameters allow traders to fine-tune the fast and slow periods and choose from various applied price types.
Color-coded plot lines make it easy to identify crossovers and divergences between the two moving averages.
The indicator's robust algorithm calculates deviation scaled moving averages, taking into account price deviations and trends.
Traders can easily integrate this indicator into their trading strategies for enhanced decision-making.
How It Works:
The indicator's calculation process involves filtering price data to reduce noise and then applying scaling and smoothing techniques to derive the deviation scaled moving averages. These values are plotted on the price chart, helping traders identify potential trend changes, reversals, or momentum shifts. The dynamic color scheme further aids in interpreting the evolving relationship between the fast and slow DSMA lines.

This indicator is an invaluable addition to any trader's toolkit, offering a comprehensive view of market dynamics and assisting in making timely and informed trading decisions. Its user-friendly design, customizable parameters, and unique approach to moving averages make it a must-have for both novice and experienced traders seeking to navigate the complex world of financial markets.

Disclaimer: The information provided by this indicator should be used as a supplementary tool for trading decisions and not solely relied upon. Traders are advised to conduct thorough analysis and consider other factors before executing trades. The indicator's developer, Robben, can be contacted at Robbenovic11@gmail.com for further inquiries or support.
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Elliot Waves Analyzer Pro
Viktor Weidenthal
3.25 (4)
Elliot Waves Analyzer Pro calculates Elliot Waves to Help Identify Trend direction and Entry Levels. Mainly for Swing Trading Strategies. Usually one would open a Position in trend direction for Wave 3 or a Correction for Wave C . This Indicator draws Target Levels for the current and next wave. Most important Rules for Elliot Wave Analysis are verified by the Indicator.  The Pro version analyzes Multiple Timeframes and shows the Subwaves and Target-Levels.   For an Overview  " Elliot Waves Anal
Native Channels
BeeXXI Corporation
5 (2)
This indicator recognizes all support and resistance levels. A number of unique high-performance techniques have been applied, which made the existence of this indicator possible. All formed channels are naturally visible: horizontal linear linear parabolic cubic (Polynomial 3 degrees - Wave) This is due to a bundle of approximating channels. The formed channels form "standing waves" in a hierarchical sequence. Thus, all support and resistance levels are visible. All parameter management is
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
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A top and bottom indicator that can intuitively identify the trend of the band. It is the best choice for manual trading, without redrawing or drifting. Price increase of $20 every 3 days, price increase process: 79-->   99 --> 119...... Up to a target price of $1000. For any novice and programming trading friend, you can write the signal into the EA to play freely. Array 3 and array 4, for example, 3>4 turns green, 3<4 turns red. If you don't understand, please contact me. ====================P
The "ZigZag_OsMA" indicator is a powerful tool designed to enhance price chart analysis within the MetaTrader 4 platform. This custom indicator amalgamates the strengths of two renowned indicators: ZigZag and OsMA (Moving Average of Oscillator), resulting in a comprehensive visualization that aids traders in making informed decisions. The indicator employs color-coded candlesticks to represent market trends. It dynamically adjusts the high and low prices of each candlestick based on ZigZag va
MaCandelsV1
Hicham Ait Taleb
The "MA_Candles" indicator is a customizable technical tool designed for the MetaTrader 5 trading platform. It enhances price chart analysis by visually representing candlesticks with distinct colors based on a moving average (MA) calculation. This indicator helps traders identify potential trend reversals and market sentiment shifts.  The "MA_Candles" indicator enhances MetaTrader 5 charts by coloring candlesticks based on a moving average (MA) calculation. It helps traders quickly identify
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