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FourAverageMT5

FourAverage: A Breakthrough in Trend Identification

With evolving information technology and increasing number of market participants, financial markets get less and less analyzable using good old indicators. Common technical analysis tools, such as Moving Average or Stochastic alone, are not capable of identifying the trend direction or reversal.

Can a single indicator show the right direction of the future price, without changing its parameters over 14 years' history, while at the same time remaining adequate during sideways trends?

The answer is yes.

There is an indicator with a quite powerful and efficient adaptive mechanism to changing market conditions.

This new forward-looking trend indicator developed by ExcStrategy team uses adaptive four-level averaging.

A unique averaging formula allows you to adjust the indicator (define the regularities) to any peculiarities of a currency pair or any other instrument. Now, in order to get profit, you only need one indicator and this is only the beginning. Fouraverage is highly beneficial when combined with other tools or used as signal filter.

The indicator features a function that draws arrows and displays the result of the previous indicator-based trade. This is very useful when backtesting.

The indicator is not redrawn on completed bars. If the bar is closed, the indicator values remain unchanged.
The indicator works on any time frame from M1 to MN.

    FourAverageMT5 indicator is the same as the one for MetaTrader 4: https://www.mql5.com/en/market/product/3901

    A detailed description of the indicator can be found at: https://www.mql5.com/ru/blogs/post/730215

    Comentários 4
    Zentrader2015
    1456
    Zentrader2015 2020.03.26 00:48 
     

    Really like it!

    Wan Ping Fei
    1662
    Wan Ping Fei 2019.01.06 04:27 
     

    This is a good EA, but it is really cool. Full of curability

    The most powerful indicator I have used so far....:)

    Igor Dervuk
    1034
    Igor Dervuk 2016.12.13 12:27 
     

    Крутой индикатор на Рынке FORTS !!!

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    Advanced Currency Strength28 MT5
    Bernhard Schweigert
    ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here The SPECIAL: Arrows in sub-window to show strong currency moment
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    Resistance and Support Zones MTF for MT5
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    PZ Harmonacci Patterns MT5
    Arturo Lopez Perez
    Este é sem dúvida o indicador de reconhecimento automático de formação de preço harmônico mais completo que você pode encontrar para a MetaTrader Platform. Ele detecta 19 padrões diferentes, leva as projeções de Fibonacci tão a sério quanto você, exibe a Zona de Reversão Potencial (PRZ) e encontra níveis adequados de stop loss e take-profit. [ Guia de instalação | Guia de atualização | Solução de problemas | FAQ | Todos os produtos ] Detecta 19 formações harmônicas de preços diferentes Tr
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    Meta Trend
    Ehsan Tarakemeh
    Meta Trend Indicator  is the most efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor. Click here for
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    Royal Scalping Indicator
    Ehsan Tarakemeh
    Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping Indicator is not just an indicator, but a trading strategy itself. Click here for the MT4 version Features Price Adaptive Trend Detector Algorithm Mu
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    LT Easy Market
    Thiago Duarte
    Easy Market torna o mercado mais fácil de operar. Ele te proporciona ver um mercado "eternamente" lateral (sem tendência), tornando extremamente fácil ver quando o preço está sobre comprado ou sobre vendido. Tanto quem gosta de operar tendência quanto mercado consolidado irá gostar do Easy Market. Você pode usá-lo como uma janela auxiliar (em baixo do gráfico) ou em modo tela cheia. Veja as capturas de tela e note como ele te dá entradas precisas! Versão de demonstração:   https://www.mql5.com/p
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    Aggression On Bars
    Flavio Jarabeck
    Imagine a Buy and Sell Pressure monitor on your chart that shows in REAL-TIME this data, bar by bar? Well, imagine no more. We present you an exclusive creation of Minions Labs : Aggression On Bars indicator. On every new bar on you chart this indicator will start counting in real-time the BUY/SELL pressure and present this data statistics directly inside your chart. As soon as a new bar is created in your chart, the counter restarts. Simple and effective. Just watch the video to see it running
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    PipTick VSA MT5
    Michal Jurnik
    PipTick VSA is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool that we've ever made. PipTick VSA indicator is a really powerful analytical tool that generates very reliable trading signals. Because it is very user friendly and understandable, it is suitable for every type of trader, regardless of his experience. What is VSA? VSA - Volume Spread An
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    Filtro:
    Zentrader2015
    1456
    Zentrader2015 2020.03.26 00:48 
     

    Really like it!

    Константин
    122
    Константин 2019.11.17 10:43 
     

    У меня так и не получилось включить оптимизацию.Настраивал под фортс Si.

    Wan Ping Fei
    1662
    Wan Ping Fei 2019.01.06 04:27 
     

    This is a good EA, but it is really cool. Full of curability

    The most powerful indicator I have used so far....:)

    Igor Dervuk
    1034
    Igor Dervuk 2016.12.13 12:27 
     

    Крутой индикатор на Рынке FORTS !!!

    Responder ao comentário
    Versão 1.8 2020.08.05
    Optimization for the new version of the terminal.