Signal Bands is a sensitive and convenient indicator, which performs deep statistical processing of information. It allows to see on one chart (1) the price trend, (2) the clear price channel and (3) latent signs of trend change. The indicator can be used on charts of any periods, but it is especially useful for scalping due to its high sensitivity to the current market state.
The functions of the indicator:
- First, the Signal Bands indicator draws channels into which all price fluctuations exactly fit, so with default parameters, the price will never exceed the limits of this channel (except for the occurrence of very high peaks of signal information).
- Sharp movements on channel lines (sharp peaks) indicate a change in price direction. Signals provided by such sharp peaks are often leading, i.e. they occur about 1-2 bars before the beginning of price reversal. A sharp downward peak at the bottom line of the channel down is the criterion for the reversal of the price upwards. Conversely, the sharp upward peak of the upper channel line precedes the downward price reversal.
The signals of the Signal Bands indicator are algorithmically formed based on the analysis of the current density of the price probability, which is subject to a strong asymmetry before the very moment of price direction change due to short-term price surges (which might be aiming at hitting the StopLoss of most traders) in the direction opposite to its new movement.
The indicator readings are extremely simple and do not require special explanations. Blue arrows pointing up are a buy signal, red arrows pointing down are a sell signal.
The Signal Bandsindicator can be used both for trading according to scalper strategies, and when using long-term trading strategies. The indicator has all types of alerts. The indicator does not redraw.
- Price type. Values: Close price, Open price (default), High price, Low price, Median price ((high + low)/2), Typical price ((high + low + close)/3), Weighted price ((high + low + 2*close)/4).
- The averaging method. Values: Simple (default), Exponential, Smoothed, Linear weighted.
- The averaging period - averaging period. Integer. Default is 20.
- Channel width factor - channel width factor. The real number Default is 1.0.
- The factor of sensibility . - Coefficient of sensitivity to price surges. The real number. Values from 2.0 to 6.0. Default is 4.0.
- Show one branch? - Show one branch? Values: true - one branch, false - two branches.
- Show arrow ? (only in the mode of one branch) - Show signals with arrows. Values: true (default), false.
- Line & arrow thickness. Values: any positive integer (1 default).
- The Signal method - Type of trading alert. Values: No (default), Send alert, Print (in expert), Comment (in chart), Sound + Print, Sound + Comment, Sound, Push + Comment, Push, Mail + Comment, Mail.
Universal Heiken Ashi Pro calculates Heiken Ashi candles with different smoothing methods. The indicator displays two series of Heiken Ashi candles with different parameters. The indicator generates signals along the trend in the direction of slow Heiken Ashi after correction of the fast Heiken Ashi. Then indicator shows statistics and trades for a certain period. Information dashboard The dashboard displays the following fields: Trades - trades count for a certain period; Win(%) - percent of
is a pointer indicator that generates trading signals indicating the direction of price movements, it is great for binary options and the forex market. complete lack of redrawing This indicator showed good results when testing in real time. The percentage of correct predictions even during the news release was about 75-80%. It is recommended to open transactions from 1 to 2 candles the point indicates the direction of the next candle and the possible trend direction in the future.
Taurus All4 Taurus All4 is a high-performance indicator, it will tell you the strength of the trend, and you will be able to observe the strength of the candle. Our indicator has more than 4 trend confirmations. It is very simple and easy to use. Confirmation Modes Candle Trend Confirmations: When the candle switches to light green the trend is high. When the candle switches to light red the trend is reverting down. When the candle changes to dark red the trend is low. Trendline Trend Conf
Alpha Trend is a trend indicator for the MetaTrader 4 platform; it has been developed by a group of professional traders. The Alpha Trend indicator finds the most probable tendency reversal points, which allows making trades at the very beginning of a trend. This indicator features notifications, which are generated whenever a new signal appears (alert, email, push-notification). This allows you to open a position in a timely manner. Alpha Trend does not redraw, which makes it possible to evalua
PABT Pattern Indicator - it's classical system one of the signal patterns. Indicator logic - the Hi & Lo of the bar is fully within the range of the preceding bar, look to trade them as pullback in trend. In the way if indicator found PABT pattern it's drawing two lines and arrow what showing trend way. - First line - it's entry point and drawing at: 1. On the high of signal bar or on middle of the signal bar (depending from indicator mode) for buy; 2. On the low of signal bar or on middle of t
"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
MACD Display 是一个跨周期MACD背离，金死叉监控指标。 指标优势： 1、背离点位可以在主图和指标附图上画出来，观察方便，可通过参数设置隐藏或显示。 2、背离入场点在附图中通过箭头提示，清楚明确。 3、跨周期监控，可以同时监控该品种6个周期框架的MACD背离及金死叉情况。 4、顶背离、底背离、金叉、死叉信号出来后可通过窗口报警提示，有效减少盯盘时间。 5、可隐藏MACD柱体，方便信号观察。 更多来自作者的EA和指标 https://www.mql5.com/zh/users/chenshaofei/seller 参数说明： separator1 - 说明性参数，默认，不重要 FastMAPeriod - macd快线周期 SlowMAPeriod - macd慢线周期 SignalMAPeriod - macd信号周期 applied_price - macd应用价格 show_histogram - 是否显示macd柱体 separator2 - 说明性参数,默认,不重要 drawIndicatorTrendLines - 是否在指标附图上画背离线 drawPrice
Candle status indicator The indicator shows the direction of the last closed candle for all time frames. Helps to see the overall market trend; Useful when trading binary options; Interface minimization function; The closing price is lower than the opening price: the status red ; The closing price is higher than the opening price: the status green ; The closing price is equal to the opening price: status blue ;
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
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
【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
This is another implementation of Renko Chart as an indicator. It has very fast algorithm so do not wastes your CPU's resources yet it can be embedded on your trading chart with other indicators as well. You may know Renko chart is a traditional Japanese trading chart and it is very useful in eliminating noise from your chart. Parameters dp (double) This is the size of the Renko Chart' s building bricks. TIP if you set dp = 0.0 then this indicator uses ATR(14) as the building bricks size.
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
This indicator is another variant of the famous powerful indicator Fibonacci-SS https://www.mql5.com/en/market/product/10136 but has different behaviour in placing Pending Order and TP Line. Automatically places Fibonacci retracement lines from the last highest and lowest visible bars on the chart with: An auto Pending Order (Buy/Sell). Taking Profit 1, Taking Profit 2 is pivot point and Taking Profit 3 for extended reward opportunity. The best risk and reward ratio. Simple and powerful indica
SystemBinaryM1 - a professional indicator for trading short-term binary options, is a complete, self-contained author's strategy for working in the binary options market. The unique algorithm for analyzing the foreign exchange market is based on the calculation of reference points on three different time periods M15, M5. M1. Thus, the indicator simultaneously analyzes the long-term, medium-term and short-term price behavior before issuing a signal. The indicator is set in the usual way and work
The main idea of this indicator is rates analysis and prediction by Fourier transform. Indicator decomposes exchange rates into main harmonics and calculates their product in future. You may use the indicator as a standalone product, but for better prediction accuracy there is another related indicator - FreqoMaster - which uses FreqoMeterForecast as a backend engine and combines several instances of FreqoMeterForecast for different frequency bands. Parameters: iPeriod - number of bars in the ma
Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement. Also features a statistics panel reporting the success of the combined indicator by examining the current cha
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 Trend PA indicator uses Price Action and its own filtering algorithm to determine the trend. This approach helps to accurately determine entry points and the current trend on any timeframe. The indicator uses its own algorithm for analyzing price changes and Price Action. Which gives you the advantage of recognizing, without delay, a new nascent trend with fewer false positives. Trend filtering conditions can be selected in the settings individually for your trading style. The indicator
Power Renko is an indicator which plots Renko bricks underneath the chart using a histogram. You can select the brick size and the timeframe of the Renko bricks as well as whether or not to use the close price or the high/low price of the candles. Renko bricks are based on price alone, not time, therefor the Renko bricks will not be aligned with the chart's time. They are extremely useful for trend trading and many different strategies can be formed from them. Buffers are provided allowing you t
This indicator shows reversal bar patterns* including these patterns: Reversal Day Key Reversal Day Outside Reversal Day Outside Key Reversal Day Signal Day Gap Signal Day Snap-Back Reversal Day Indicator Settings Show Alert : Alerts if any reversal bar pattern happens. Show Reversal Day Pattern : Shows Reversal Day Pattern if enabled. Show Key Reversal Day Pattern : Shows Key Reversal Day Pattern if enabled. Show Outside Reversal Day Pattern: Shows Outside Reversal Day Pattern if enabled. Sho
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
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 ....
Dark Exclusive - A unique indicator based on the best experts in the field of trading. The indicator gives up to 86% of correct forecasts, it is just perfect to combine it with other indicators! Or trade purely for him. The indicator code is lightened, which allows it to work faster on candles The indicator itself is written on mathematical calculations. At the moment you have every chance to get good income today! The settings for the indicator can determine the simple color of the
This is a simple and robust indicator, which can be used with any trend indicator. When properly adjusted, the indicator shows the high-probability beginning of price reversal. Now you can spend less time searching for the right signal to open a position. Many traders have evaluated Acc Good Scapel . This is a useful tool for trading forex, stocks and options . Some Features of Acc Good Scapel Non-redrawing after candlestick closure. Displays clear signals as arrows on a chart. It is advisable
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 Renko_One_ReversBar indicator is an evolution of the indicators Renko_Bars_3in1 and RenkoRangeBars FlatBar . The main feature is that only one Reversal Bar is drawn. As in the indicator Renko_Bars_3in1 , you can independently adjust the size of the reversal bar. A chart created using Renko_One_ReversBar can be used for all types of trading. For testing, download the Demo version Renko_One_ReversBar_Demo . Important. To build an offline chart, you need a chart with a period of M1. When you la
Is an advanced trend detection MT4 indicator that has five(5) complex strategies used relationship between WPR & MovingAverages & CCI & Force in formula for catching the trend that can be used as the supporting tool or system. When the arrows will be appeared for buy and sell are good for start trading at them and exit with opposite signals from them. Unique trend detection that avoids whipsaws and uncertain market noise. Gives good signals with Buy and Sell arrows. Good for Scalper & LongTerm &
2. Added all types of alerts.
2. The mode of the two branches is entered.
3. The code is optimized.