Master candle strategy
- This is an indicator that recognizes a special type of Inside Bar formation which is formed by a Master candle followed by 4 smaller candles (please see the strategy explanation below).
- Plots buy/sell stop lines on the chart as well as well as take profit and stop loss levels. The TP/SL levels are based on the Average True Range (ATR) indicator.
- Object colors are changeable.
- Sends you a real-time alert when a Master candle formation is identified - sound / popup / email / push notification.
Once a suggestion is given, you can confirm it with your own chart analysis. Generally the best setups to be traded are the ones occurring around important supports/resistances, round numbers, supply and demand zones, etc.
- Number of inside candles: For best signal quality it is recommended to set it to 4. Please see the strategy explanation below.
- Maximum candles signal is valid for: This setting controls how for how long the suggested entry level lines will expand.
- Distance in pips for buy/sell stop: The offset/buffer for the entry lines. Recommended at least 5 pips away for Master candle high/low.
- Minimum master candle size in pips: Please see the strategy explanation below.
- Maximum master candle size in pips: Please see the strategy explanation below.
- Wait for candle close: true/false. Default is True. If set to False then the alert will come already when the 4 thcandle opens.
- Ignore wicks on inside bars: true/false. Default is False. If set to True then wicks are allowed above/below the Master candle high/low.
- Ignore wicks on master bar: true/false.
- ATR Period: Period for the Average True Range indicator. Default is 14.
- TP 1 ATR multiplier: Used for the first take profit level.
- TP 2 ATR multiplier: Used for the second take profit level.
- SL ATR multiplier: Used for stop loss level.
- Objects: In this section you can change the colors of the Master formation rectangle and the buy/sell stop lines. You can also set the width of the buy/sell stop lines.
- Max history candles: For how many candles back in time the formation will be drawn on the chart.
- Alerts: Set to true for each alert type you would like to receive. All alert types are supported.
Master Candle (MC) is a trading strategy based on a candle formation where the first (master) candle is followed by 4 smaller candles which are inside the first candle. The whole formation is built of 5 candles, independent of if bearish or bullish.
Timeframes: H1 and H4 charts. Even if the MC strategy works best on H1 it can be traded on all timeframe and currency pairs. Mainly on H4, H1 and M30 charts.
Currency pairs: Trades best on volatile pairs such as GBPUSD and GBPJPY.
After breaking MC high/low a position will be taken in the direction of the break. It is recommended that the MC has a size of 40 to 100 pips (but it depends on the volatility of the currency pair in question). It is also recommended to put stop orders for instance 5 pips above and below the MC high/low.
Some traders also use the rule that a break in any direction should occur during the next 3 candles after the MC creation (5 thcandle). Anyway, it is highly recommended to cancel any stop order if there is no break after 24 hours.
Finally it is for better results recommended to trade in the direction of the trend as well as to avoid trading at strong and important price levels - resistances and supports. It is also advisable not to trade MC which appears inside another MC.
Trade with Gann on your side!! MASTER CIRCLE 360° CIRCLE CHART, originally created by Gann admitted that this is “The Mother of all charts”. It is one of the last studies that this great trader left for us. The numeric tab le is apparently quite simple like all the tables and is based on square numbers, the SQUARE OF 12 and is by evolution, one of the most important square numbers. Here we can find CYCLE, PRICE AND TIME thanks to angles and grades, to show past and future support and resistance.
"The trend is your friend" is one of the best known sayings in investing, because capturing large trendy price movements can be extremely profitable. However, trading with the trend is often easier said than done, because many indicators are based on price reversals not trends. These aren't very effective at identifying trendy periods, or predicting whether trends will continue. We developed the Trendiness Index to help address this problem by indicating the strength and direction of price trend
The Th3Eng PipFinite indicator is based on a very excellent analysis of the right trend direction with perfect custom algorithms. It show the true direction and the best point to start trading. With StopLoss point and Three Take Profit points. Also it show the right pivot of the price and small points to order to replace the dynamic support and resistance channel, Which surrounds the price. And Finally it draws a very helpful Box on the left side on the chart includes (take profits and Stop loss
This indi shows the following 1. Supertrend 2. Alligator (Not a regular alligator) 3. ZigZag 4. Moving Average 5. Trend Continuation/Mini correction Signal (plotted in X) (See screenshots in green background color 6. Early Signal Detection (See screenshots in green background color) You may treat Alligator as the lagging indicator The leading indicator is the supertrend. The zig zag is based on the leading indicator where it gets plotted when the leading indicator got broken to the opposite.
A classic among classics: crossing of two moving averages with all kinds of alerts. Features Crossing of 2 Moving Averages (MAs) at closing of the last bar; Both MAs can be set for any of the following averaging methods: Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA), Linear-weighted Moving Average (LWMA); Both MAs can be also set for any averaging period and for any of the following prices: Close, Open, High, Low, Median, Typical or Weighted; Any
Chart Patterns Detect 15 patterns (Ascending Triangle, Descending Triangle, Rising Wedge, Falling Wedge, Bullish Flag, Bearish Flag, Bullish Rectangle, Bearish Rectangle Symmetrical triangle, Head and Shoulders, Inverted Head and Shoulders, Triple top, Triple Bottom, Double Top, Double Bottom) Use historical data to calculate the probability of each pattern to succeed (possibility to filter notification according to the chance of success) gives graphic indication about the invalidation level and
Insider Scalper Binary This tool is designed to trade binary options. for short temporary spends. to make a deal is worth the moment of receiving the signal and only 1 candle if it is m1 then only for a minute and so in accordance with the timeframe. the accuracy of this tool is about 80% .... recommended currency pairs eur | usd, usd | jpy .... the indicator is already configured, you just have to add it to the chart and trade ....
Trend indicator with calculation of dynamic levels and signaling their intersection. Description of input parameters: StepTF = true; - Calculation of the indicator by closing the bar (true) or by each tick (false) BarsCount = 300; - Number of settlement bars Price = PRICE_CLOSE; - Type of price used TimeFrame = PERIOD_CURRENT; - Estimated timeframe TrendPeriod = 9; - Trend calculation period TrendDeviations = 4.9; - coefficient of deviation PeriodTrendSmooth = 1; - Trend smoothi
Multicolor Trend is a trend Forex indicator painting bars in certain colors. The indicator settings have one non-customizable parameter - period. Six user-defined colors for better visualization show a trend, its weakening, points of consolidation and possible trend formation. The indicator works on all timeframes. The product is best suited for working with highly volatile pairs.
The Sextet Scalper Pro is an MT4 indicator that gives signals when new waves are starting in a trend. The trends are calculated using the original " The Sextet " indicator method. You get a free EA to trade with The Sextet Scalper Pro: Free EA . Default settings were optimized on GBPUSD H1 from 2017. EA could be tested on free demo version of The Sextet Scalper Pro, before purchase. Key Features: Uses The Sextet Trend Detection Method which is already a good strategy in itself for detecting l
The Point61 indicator is the result of many years of monitoring of price behavior of currency pairs and metals. It is not a secret, that in times of uncertainty, traders are looking for possible levels of support and resistance - the point, where price should stop its movement. There are 2 possible scenarios at these points: 1. Reverse (correction) to the opposite direction; 2. Breakthrough to continue movement. Very often these points are used to set stop orders - TakeProfit or
Power Tools provides multiple analytical tools in one indicator for fast analysis of multiple information. This includes multi time-frame, multi- currency , total base currency performance as well as alerts and notifications. The tools and functionalities will be expanding based on the developers discretion and suggestions of the users. Ensure the pairs analyzed are included in the market watch and have enough history over the timeframes being analyzed Current Strength Top Right Corner Shows
Forex Gump is a fully finished semi-automatic trading system. In the form of arrows, signals are displayed on the screen for opening and closing deals. All you need is to follow the instructions of the indicator. When the indicator shows a blue arrow, you need to open a buy order. When the indicator shows a red arrow, you need to open a sell order. Close orders when the indicator draws a yellow cross. In order to get the most effective result, we recommend using the timeframes H1, H4, D1. There
The trend is your friend! This is what this indicator is all about. Follow this famous saying and be safe. Characteristics: Buy/Sell signals fixed on the close of a bar. Works on all symbols and all timeframes. Clear visual market trend laser line, Buy/Sell signal arrows, market strength meter, TP1 & TP2 boxes. Visual signals when to enter, when to exit the market. No repainting. Compatible with Flexible EA for trading automation. (Ask for a free set file optimized to perform 2010-2018) Para
The Gann Box (or Gann Square) is a market analysis method based on the "Mathematical formula for market predictions" article by W.D. Gann. This indicator can plot three models of Squares: 90, 52(104), 144. There are six variants of grids and two variants of arcs. You can plot multiple squares on one chart simultaneously. Parameters Square — selection of a square model: 90 — square of 90 (or square of nine); 52 (104) — square of 52 (or 104); 144 — universal square of 144; 144 (full) — "full" ve
【ZhiBiCCI】指标适合所有的周期使用，也适合所有的市场品种。 【ZhiBiCCI】绿色实线是逆转看涨背离。绿色虚线是经典的看涨背离。 【ZhiBiCCI】向红色实线是反向看跌背离。红色虚线是古典看跌背离。 【ZhiBiCCI】可以在参数里面设置（Alert、Send mail、Send notification），设置为（true）就可以发送即时信号到警报窗口、电子邮件、即时消息。 参数设置说明： 【displayAlert】：这是警报开关，设置成true，如果出现箭头就会自动警报提示；设置成false，则不会警报提示。 【sendmail_NO_OFF】：这是发送邮件的开关，设置成true，如果出现箭头就会发送邮件到你在MT4设置好的邮箱里面；设置成false，则不会发邮件。 【sendnotification_NO_OFF】：这是发送即时消息的开关，设置成true，如果出现箭头就会发送消息到你的移动设备；设置成false，则不会发消息。 更多好用的指标网址： https://www.mql5.com/en/users/zhengqiuyang/seller
The Direction indicator shows the price movement direction. It vividly paints bars in specified colors. The last buffer of the indicator is a special one. It shows a trend and assumes values 1 or -1 depending on its direction. A unique algorithm helps to detect the trend. External parameters: DirPeriod - indicator period. DirMethod - smoothing method.
This is the FXTraderariel-TakeProfit - Stop Loss Indicator . It provides you 3 potential Take Profits and 1 Stop Loss. These potential targets are computed based on several methods . The indicator can be used on every time frame, but we advise to use it on H1, H4 and D1. Especially if you are a novice trader. Pro Traders can also you use it for scalping in smaller time frames (M1, M5 and M15). This indicator is not a complete trading system. It doesn't provide you a Signal nor can predict the m
The Stepping Trend Indicator The Steppi ng Trend indicator uses the average true range (ATR indicator) in its calculation. This gives you control to set your own average true range period, I set the Default as 10. Indicator Details. Green Arrow Up: This means you are at the starting point of a new bullish trend, it’s time to buy. Red Arrow Down : This means you are at the starting point of a new bearish trend, it’ s time to sell . What if you miss the Arrow Signal? No
The indicator displays the data of the Stochastic oscillator from a higher timeframe on the chart. The main and signal lines are displayed in a separate window. The stepped response is not smoothed. The indicator is useful for practicing "manual" forex trading strategies, which use the data from several screens with different timeframes of a single symbol. The indicator uses the settings that are identical to the standard ones, and a drop-down list for selecting the timeframe. Indicator Parame
Fourteen plus nine What is it for? Applying Tom DeMark’s TD Sequential serves the purpose of identifying a price point where an uptrend or a downtrend exhausts itself and reverses. . What are the main components of TD Sequential? TD Sequential has two parts – TD Setup and TD Countdown. The first phase of TD Sequential starts with a TD Setup and is completed with a 9 count. When the 9 count is completed, it is at that point, a price pause, price pullback, or reversal is likely. It is also at tha
Индикатор Arrows Low High определяет направление и развороты тренда и рисует на графике стрелки направления торговли и линии по уровням Low и High. Валютная пара любая, период торговли любой, но более точные входы будут на старших таймфреймах. Параметры входа на покупку (все значения даны для 4-х знака, для 5-ти знака умножить на 10): 1. На графике появилась синяя стрелка показывающая направление вверх. 2. Свеча на которой появилась стрелка закрылась выше нижней линии. 3. Открываем ордер на
许多盈利交易者不仅知道如何识别市场趋势，而且也能把握趋势建立后的交易机会。 Pz 趋势交易 指标设计用来在趋势行情中尽可能的赚取利润。 已建立的趋势提供了一揽子交易机会，但大多数趋势交易指标完全忽视了它们，让交易者在趋势行情时完全不知道该如何做！一般趋势指标只通知有关的趋势变化，但根本不足以得到卓越的回报. Pz 趋势交易 指标比一般趋势指标显示多达 20 倍的交易 , 因为它注重所谓的市场时机。它不仅显示当前的市场趋势，也有回调，内柱线的突破和调整。它令您在趋势回调之后介入，安全的柱线内突破金字塔加仓，以及发现潜在的反转，和已知的调整。 趋势改变 一个趋势改变在市场方向变化时发生。趋势变化在图表上用带数字的彩色圆圈显示。蓝色 (1) 信号为上涨开始, 而红色 (1) 信号为下跌开始。趋势变化并非评估当前价格动作的结果, 它意味着交易设置是不定时地。如果您正确使用本指标, 在趋势变化时, 您将将已经入场 (参看下面的调整)。 回调 但凡趋势在运动中，行情上下抖动，盈利者收割利润，且其它参与者入场。趋势回调代表好的买入机会，通常是由主力获利离场导致。如果行情在回调后回归上行, 指
An indicator of pattern #31 ("Long Island") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. The second gap is in the opposite direction. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points ShowLevels - show levels ColUp - color of an upward line ColDn - color of
The indicator plots 5 Fibonacci retracements according to recommendations about trend lifetime given by V.V. Pershikov. All lifetime parameters can be customized. Retracements are plotted at the moment of attaching the indicator to the chart and at the moment of scaling. It is made for increase in productivity. If the indicator re-plots on every tick, its operation will be slowed down due to abundance of calculations which come from check of 61.8 level breakthrough. Plotting can be changed manua
This unique multi-currency strategy simultaneously determines the strength of trends and market entry points, visualizing this using histograms on the chart. The indicator is optimally adapted for trading on the timeframes М5, М15, М30, Н1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (TP1, TP2 with text labels) and the recommended Stop Loss level. The take profit levels (TP1, TP2) are automatically calculated for
Индикатор рисует 2х барные свинги Уильяма Ганна без перерисовки, ромбами помечает бар который сформировал свинг пробитием максимума/минимума для удобной визуализации запаздывания, при появлении внутренних или внешних баров . Внутренний бар: текущий High ниже предыдущего High и текущий Low выше предыдущего Low, такие комбинации индикатор игнорирует. Внешний бар: текущий High выше предыдущего High и текущий Low ниже предыдущего Low, при такой комбинации засчитывается пробитие предыдуще
Support and Resistance is a very important reference for trading. This indicator provides customized support and resistance levels, automatic draw line and play music functions. In addition to the custom RS, the default RS includes Pivot Point, Fibonacci, integer Price, MA, Bollinger Bands. Pivot Point is a resistance and support system. It has been widely used at froex,stocks, futures, treasury bonds and indexes. It is an effective support resistance analysis system. Fibonacci also known as t
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). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator ge
Gold Stuff is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw and does not lag. Recommended time frame H1. At it indicator work full auto Expert Advisor EA Gold Stuff Telegram group here telegram channel here SETTINGS Draw Arrow - on off. drawing arrows on the chart. Alerts - on off audible alerts. E-mail notification - on off. email notifications. Puch-notification - on off. Push notifications. Next, adju
Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend Pro's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit ► www.mql5.com/en/blogs/post/713938 Test the demo version and explore its feature
B ULL B EAR I NNOVATION ⚜️ Technology To Success ⚜️ Correct identification of the trends in stock investments are pivotal and TrendFollowerSR ensures this perspective while displaying the correct trend on multiply timeframes to help you go long way as much as possible. The latest technology of the Indicator enables to track whether if a certain trend has just begun ,
Or (TDO) ⭐⭐⭐⭐⭐ which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" gives higher readings for ascending price movements than that given to descending ones. TDO fixes this problem to help traders at
The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Get it here ► www.mql5.com/en/blogs/post/723208 Have access to the game changing indicator that will take your trading to the next level! How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Enter a signal if Success Rate is
CURRENTLY 26% OFF !! 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 That's the first one, the original! Don't buy a wort
A. What is A2SR ? -- Full guidance : -- at https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- and https://www.mql5.com/en/users/yohana/blog A2SR has a special technique in determining the levels of Support ( demand ) and Resistance ( supply ) . Unlike the ordinary way that we seen on the net, A2SR has a original concept in determining actual SR levels. The original technique was not taken from the internet, and it has never been published on the internet either. A2SR will
The Signal Strength Meter is a Multi-Currency, Dual Timeframe Interactive Indicator, which calculates the strength of buy and sell signals, and displays a score for each symbol on a display board. ► Get a 7-Day Free Trial Version: Click Here (Full Access to The Indicator for 7 Days) Check Video Below For Complete Demonstration, and User Manual here . Key Features: Allows you to see multiple currency signals from one chart Analyses the signals from more than a dozen classic indicators Identi
This indicator is based on the Stochastic on one or more timeframes and on any Currency Cross Pair. The indicator generates an alert message when it detects a buy or sell signal. It also draws a vertical bar on the price chart: green for buy or red for sell, yellow if flat. Alert messages and Vertical bars for BUY or SELL, are generated when the Stochastic is consistent for all chosen timeframes else a FLAT signal is generated. Features Easy flexible settings: Detection of the Stochastic signa
The Slope Scanner is a Multi-Currency, Multi-Timeframe scanner of The Slope indicator. It calculates the slope of the price, and displays its direction for each symbol and each timeframe on a display board. Check Video Below For Live Trading Demonstration. ► Get a 7-Day Free Trial Version: Click Here (Full Access to The Indicator for 7 Days) Key Features: Allows you to see Multiple Murrency signals from one chart Calculates the slope of the Pair on All Timeframes Get a Currency Slope Strength
Tweezer Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the best and most effective patterns and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The indicator does what he was designed for:
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs of the indicator are : Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol MaxBars: number of bars back used to calculate the indicator TradeDirection (Long/Short/LongAndShort): filter sign
Or ( BD% ) ⭐⭐⭐⭐⭐ which is a volatility index that measures volatility in percent rather than points. The idea of BD% is to make an index depending on the Classic Standard Deviation (CSD) that moves between 0 and 100 percent. You can use BD% to compare volatility for the same security in different time periods or different time-frames. In addition, you can use BD% to compare volatility between different securities in different markets in terms of percent rather than points. The idea behind th
This is the forex visual orders tool & forex position size (lot) calculator with intuitive panel. Risk Reward Ratio Indicator works on all kind of symbols: currency pairs, indices, metals, commodities, cryptocurrencies, etc. If you want to make sure that Risk Reward Ratio Indicator works on your favorite symbols contact us and ask for 7-day free trial to test this tool without limits. If you want to place orders easier, faster and more intuitive? If you like to mark trade entry and exit poi
Blahtech Daily Range indicator displays the average daily range alongside the individual session ranges. Using the daily open price as a reference the indicator shows fixed range and dynamic range targets as lines on the charts. These lines clearly show when the average range has been exhausted. Daily and session ranges can be useful for confirming entries or setting targets and is an excellent odds enhancer for many trading systems. Feature Highlights Daily Ranges Session Ranges Single or mul
PipTick Currency Index is a really helpful tool that enables traders to display any index of eight major currencies. The indicator uses the unique calculation formula that reflects actual volume of forex market. Basically, it is a weighted average of currency pairs values which form the crosses of index currency. The default weights are based on the results of the BIS Triennial Central Bank Survey. Because of this advantage, the trader can see the true strength and weakness of each currency. Not
(FOR MT4) Pivot Point Scanner Multi Pair : This indicator has been desinged to automatically identify when price reaches a specified pivot point level. And it can monitor the entire market in the background, all from one chart. Allowing you to save an enormous amount of time and effort. IMPORTANT FACTORS TO KEEP IN MIND: For many years, floor traders (and market makers) have used pivot points to determine critical levels of support and resistance. And these levels often act as price barr
Amac indicator will give you alerts when the ADX crosses and also when the two MACD indicators cross. Helps in determining the trend direction, good for scalping against the main trend as well. Get mobile alerts and email in addition to the platform alerts. Arrows indicate MACD direction and Check marks show ADX turns. Works on all time frames but you can get more pips by using the 30 min and above. Be sure to view the photos!
Professional version of the Momentum indicator. Works great on trending currency pairs, and also accurately shows where to top up positions by trend. It displays the direction of entry on the chart with arrows and alerts when an entry point appears. With a minimal interface has high functionality. Features It has no lag and gives a noticeable advantage over the standard Momentum indicator Simple and intuitive graphical interface, minimum settings. Settings of each moving for your trading style.
这个指标显示8个主要货币的相对强弱：USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. 强弱值规范到了 0-100之间 60以上是强。 40以下是弱. 注：这个版本不显示货币强度线，只是把数字结果显示在图表上。显示强度线版本 Currency Relative Strength 参数 BarsToCalculate - 要计算的K线根数 MaPeriodsToSmoothLines - 对强弱数据做平滑处理的移动平均周期. Suffix - 品种后缀 ChartWindowIndex - 显示在哪个窗口。0 代表主图窗口，1代表第一个幅图指标窗口，以此类推。 Corner - 结果显示在图表的哪个角。 FontSize - 字体大小。 X - 距离图表角的水平距离 Y - 距离图表角的垂直距离. Space - 行距 Email - 是否发送邮件，即是否按照每个K线或者指定分钟数发送货币强度数据。 IntervalMinutes - 如果是0则每个新的K线发送一次，否则按照本参数指定的分钟数间隔发送。
This indicator precisely calculates and plots swings that exceed a certain size. Unlike the Zigzag Indicator, it does not have to wait a number of bars to determine a swing and it does not lag. As soon as the minimum swing size is reached it is plotted on the chart. Optionally number of bars in the swing and the swing High/Low prices (extremes) can be viewed on the chart. Changing Minimum Swing Size The minimum swing size is changed easily from the panel on the bottom left of the chart. (You d
The " AFX Stochastic TrendLine " draws all trendlines automatically, on the Stochastic indicator with special features. Fully Customizable Features AFX Stochastic TrendLine Indicator draws the following on the Stochastic indicator: Moving Average Bollinger Bands Trendlines Channels Linear Regression Channels Input Parameters ====== Stochastic Settings ====== %K of Stochastic %D of Stochastic Slowing of Stochastic PriceField of Stochastic Method of Stochastic Mode - select MAIN line or SIGNAL l
The US dollar sits at the heart of all the financial markets. It is the currency of first reserve. It is the ultimate safe haven currency, and it is the currency in which all commodities are priced. It is the currency which every Forex trader should consider – first! Having a view of the US dollar is paramount in gauging market sentiment, attitude to risk, and money flows into related markets and instruments. If you know which way the USD is headed – the rest is easy. The Quantum DXY indicator g
High Low Open Close Levels The indicator HLOC is a good ally to correctly identify the appropriate trend of price. The indicator is designed to be minimally invasive and it shows a visual and sound aid in order to take decision on the market. The indicator is equipped with sound alert and window alert in order to have a reminder of the price movements. We suggest you watch the video below to evaluate its operational benefits. Input values: Show Level (true/false) TimeFramePeriod (refer to line
The indicator plots charts of profit taken at the Close of candles for closed (or partially closed) long and short orders individually. The indicator allows to filter orders by the current symbol and specified expert ID (magic number), to set the start time and the periodicity of profit reset (daily, weekly or monthly) to calculate the profit chart. The indicator also displays the floating (not fixed) profit of the orders opened after its was launched, according to the filter settings at the can
This indicator is designed for determining the trend direction and price reversal points. This indicator is a heavily modified version of Parabolic SAR. Does not repaint/redraw Calculation on an current candle If the price is above the indicator, trend is ascending. If the price is below the indicator, trend is descending. Trade: If the color and the trend direction changed, open a position and close it by take profit, or hold it until the next trend change. It is also possible to trade rebounds
The Z-Compass is part of a suite of four indicators called the Z-Tools Black you can buy separately in the MetaTrader Market. The Z-Compass is one of the most important indicators, because it serves as a compass in the market and is composed of the following elements A histogram and zero line. The histogram is plotted with each candle and changes depending on the selected time frame. When the histogram is above the zero line, we say the trend or momentum is bullish and when it is below the zero
Description: The indicator of tick volumes Better Volumes allows you to assess the general mood of the market and quite accurately catch the moments of the formation of large movements. The indicator is a color histogram in an additional window. In the calculation of Better Volumes the Price Action combinations are taken into account, the values of the volumes with the height of columns and color marking are displayed. Input parameters: Display_Bars - the number of displayed bars (at 0, all are
PipTick Currency Barometer is one of our most favorite indicators. It measures the strength of two currencies represented in the pair and compares the difference between them. The result is shown as a histogram where you can simply identify which currency is the strongest. This indicator is designed to measure the strengths and weaknesses of eight major currencies (USD, EUR, GBP, CHF, CAD, JPY, AUD and NZD) and works on 28 currency pairs. The PipTick Currency Barometer uses CCI method (Commodity