• 概述
  • 评论 (2)
  • 评论
  • 新特性

Standard Deviation Channel

- Alert, Notification and Email when price reaches a level.

- Second channel possible.

- The Channel updates with every new bar, so moves along with time.

- Does not repaint.

Generate a signal in your EA.

Description

Standard Deviation Channel is built on base of Linear Regression Trend representing a usual trendline built between two points on the price chart using the method of least squares.
As a result, this line proves to be the exact median line of the changing price.
It can be considered as an equilibrium price line, and any deflection up or down indicates the superactivity of buyers or sellers respectively.

Standard Deviation Channel consists of two parallel lines, equidistant up and down from the Linear Regression Trend.
The distance between frame of the channel and regression line equals to the value of the standard deviation of the close price from the regression line.
All price changes take place within Standard Deviation Channel, where the lower frame works as support line, and the upper one does as resistance line.
Prices usually exceed the channel frames for a short time.
If they keep outside of the channel frames for a longer time than usually, it forecasts the possibility of trend turn.
(reference www.metatrader5.com)

Settings
  • Bars - how many bars back from current (or previous, depending on next setting) bar to start channel
  • Include Current Bar - if false, it only redraws on a new bar
  • Channel 1 Deviations
  • Channel 1 Color
  • Channel 1 Line Style
  • Channel 1 Line Width
  • Draw Channel 2
  • Channel 2 Deviations
  • Channel 2 Color
  • Channel 2 Line Style
  • Channel 2 Line Width
  • Center Line Color
  • Center Line Style
  • Center Line Line Width
  • ------------ Alerts
  • Show Alert
  • Send Notification
  • Send Email
  • Also on Center Line
  • Disable on Start Up - to enable/disable this first alert if current bar covers a line (level) each time you deploy the indicator or change a setting

Remark

Sending Notifications and Emails has to be configured in the Trading Platform as well and Events has to be enabled for the Alert.
Go to Tools/Options/Notifications (or Email or Events) tab.
If you need help with that then click Help on those tabs or hit F1.



It is possible to generate a signal in your EA.

You can read the 5 indicator buffers (0 to 4):
  • center            = Line Index 0
  • top_channel_1     = Line Index 1
  • bottom_channel_1  = Line Index 2
  • top_channel_2     = Line Index 3
  • bottom_channel_2  = Line Index 4


Many green pips!

Walter






















评论 2
intan08
461
intan08 2020.10.02 12:07 
 

Worth every penny!

cvdestyfx
2241
cvdestyfx 2019.12.18 06:59 
 

Very useful indicator for observing direction of market, seeing levels of support and resistance, and identifying high probability reversal areas. Clean and accurate.

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80 USD
FX Trend
FX Trend
Daniel Stein
️️️️️ You want to become a constantly profitable 5-star forex trader? ️️️️️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long
75 USD
Lighthouse
Lighthouse
Daniel Stein
You want to become a constantly profitable 5-star forex trader? 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly broken, it changes its rol
75 USD
Bermaui Pin Bars
Bermaui Pin Bars
Muhammad Elbermawi
Bermaui Pin Bars   Or (BPB) is an indicator that find Pin Bars price action pattern on the chart. Pin Bars is a shortcut for "Pinocchio Bars" which is a classic bar pattern alternative to Japanese candlesticks with tall upper or lower shadows and very small bodies like Hammer, Inverted-Hammer, Hanging Man, Shooting Star, Dragon Fly Doji or Grave Stone Doji. Bermaui Pin Bars indicator find this pattern depending on a formula that can be explained in the next steps: At first BPB calculate the
50 USD
Bermaui Bands
Bermaui Bands
Muhammad Elbermawi
Bermaui Bands (BB) is a technical analysis tool that helps filter between ranging and trending price movements. The idea behind this indicator can be explained in the next steps: Calculate Standard Deviation as an oscillator that moves between 0 and 100. I will name it Bermaui Deviation percent (BD %). If "BD %" is near zero then volatility is at its extreme. In addition, if "BD %" is near 100 then volatility is very low. High volatility means a great probability for a trending market, whi
50 USD
Advanced Dashboard for Currency Strength and Speed
Advanced Dashboard for Currency Strength and Speed
Bernhard Schweigert
CURRENTLY 20% OFF !!   Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a sin
199 USD
Semafor 3LZZ Scanner Dashboard
Semafor 3LZZ Scanner Dashboard
Abir Pathak
3 Level ZZ Semafor Scanner: This is a Dashboard indicator which uses 3LZZ Indicator in the background to find semafors. It will give priority to the semafors3 because they specify a strong signal. You can go through this video tutorial to see how it works: https://youtu.be/Z4v4h8U6RiM Get all extra Indicators/Template from here: https://abiroid.com/extras/semafor-3lzz-scanner-dashboard To use this template just specify "3LZZ" in Dashboard Property: "Use Template For New Window" (without the
60 USD
KT Support and Resistance Levels
KT Support and Resistance Levels
KEENBASE SOFTWARE SOLUTIONS
Use of support and resistance in systematic trading is very subjective. Every trader has their own idea and way to plotting the support and resistance levels on the chart. KT Support and Resistance indicator take out this ambiguity out of the situation and automatically draws support and resistance levels following an algorithmic approach using a unique multi-timeframe analysis. When launched on the chart, It immediately scan the most significant extreme points across all the available timefr
120 USD
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WaltSoft Trade Manager
WaltSoft Trade Manager
WaltSoft
Manage Your Risk Automatically Calculate the Lot Size for a given Percent Risk  and place the order with Stop Loss and Take Profit with one single click of a button. Drag and position your Stop Loss and Take Profit before placing the actual order. Can close positions with one click of a button. Can lock in profit of your trades with a Set Break Even function and/or a Trailing Stop Loss. Can work with Market Orders, Instant Orders, Pending Stop Orders and Pending Limit Orders. Works on any instru
99 USD
Fibonacci Patterns Indicator MT5
Fibonacci Patterns Indicator MT5
WaltSoft
(Harmonic Patterns Indicator) Attention! Does not work on its own! It's a part of the WaltSoft Fibonacci Patterns SCOUT MT5 which you can  Get here . (also more info there) Settings Color Gartley = SteelBlue Color Papilionem = Gold Color Squalus = OrangeRed Color Carcinos = Khaki Color Deep Carcinos = Moccasin Color Vespertilio = DarkViolet Color Alternate Vespertilio = MediumVioletRed Color Five Legs = Aquamarine Color New Cypher = LightSeaGreen Color Quasimodo = Turquoise Color Navarro 200
FREE
Fibonacci Patterns Indicator
Fibonacci Patterns Indicator
WaltSoft
(Harmonic Patterns Indicator) Attention! Does not work on its own! It's a part of the WaltSoft Fibonacci Patterns SCOUT which you can  Get here . (also more info there) Settings Color Gartley = SteelBlue Color Papilionem = Gold Color Squalus = OrangeRed Color Carcinos = Khaki Color Deep Carcinos = Moccasin Color Vespertilio = DarkViolet Color Alternate Vespertilio = MediumVioletRed Color Five Legs = Aquamarine Color New Cypher = LightSeaGreen Color Quasimodo = Turquoise Color Navarro 200 = Me
FREE
WaltSoft RNB
WaltSoft RNB
WaltSoft
R ound   N umbers   B ackground The WaltSoft RNB Indicator adds scale and perspective to your charts. This indicator is free. If you want Alerts and Notifications when price reaches a Big Round Number then you need the Plus version of this indicator. Description On a naked chart you have no clue of how much price has moved. But put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can choose. Not only that, but it also draws horizontal line
FREE
WaltSoft RNB MT5
WaltSoft RNB MT5
WaltSoft
R ound   N umbers   B ackground The WaltSoft RNB Indicator adds scale and perspective to your charts. This indicator is free. If you want Alerts and Notifications when price reaches a Big Round Number then you need the  Plus version  of this indicator. Description On a naked chart you have no clue of how much price has moved. But put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can choose. Not only that, but it also draws horizontal li
FREE
WaltSoft Trade Manager MT5 DEMO
WaltSoft Trade Manager MT5 DEMO
WaltSoft
Manage Your Risk Automatically Calculate the Lot Size for a given Percent Risk  and place the order with Stop Loss and Take Profit with one single click of a button. Drag and position your Stop Loss and Take Profit before placing the actual order. Can close positions with one click of a button. Can lock in profit of your trades with a Set Break Even function and/or a Trailing Stop Loss. Can work with Market Orders, Instant Orders, Pending Stop Orders and Pending Limit Orders. Works on any instru
FREE
WaltSoft Trade Manager DEMO
WaltSoft Trade Manager DEMO
WaltSoft
Manage Your Risk Automatically Calculate the Lot Size for a given Percent Risk  and place the order with Stop Loss and Take Profit with one single click of a button. Drag and position your Stop Loss and Take Profit before placing the actual order. Can close positions with one click of a button. Can lock in profit of your trades with a Set Break Even function and/or a Trailing Stop Loss. Can work with Market Orders, Instant Orders, Pending Stop Orders and Pending Limit Orders. Works on any instru
FREE
WaltSoft Log Spread Indi
WaltSoft Log Spread Indi
WaltSoft
The WaltSoft Log Spread Indicator will log the Average Spread on the chosen Interval and create a .csv file in the MQL4/Files folder or when testing in the tester/files folder. Meant to be used on a life chart, but can be used in the Strategy Tester. However, an Indicator in the strategy Tester will always run in visible mode, so the test could take a longer time. If you want quicker results in the Strategy Tester then you can download the free EA version here: https://www.mql5.com/en/market/
FREE
WaltSoft Log Spread EA
WaltSoft Log Spread EA
WaltSoft
The WaltSoft Log Spread EA will log the Average Spread on the chosen Interval and create a .csv file in the MQL4/Files folder or when testing in the tester/files folder. Typical use Meant to be used in the Strategy Tester to check the spread on the history data. If you are testing an EA with the Tick Data Suite on downloaded history data with variable spread, then you have no clue if the spread from 10 years ago is the same spread you have today on the same pair, and so you may want to adjust
FREE
WS Currency Strength
WS Currency Strength
WaltSoft
Have you ever wondered which currency is moving a pair? For instance, if you see EURUSD go up, then is it because the EUR is getting stronger or because the USD is getting weaker? Well, this nifty little indicator will tell you in a blink of an eye! The indicator shows the relative strength of eight major currencies by comparing each currency with all the other ones, and presents the result in an easy to interpret graphical way.  Alerts, Notifications and Emails  can be set on a range of scen
48 USD
WaltSoft Tick Indicator
WaltSoft Tick Indicator
WaltSoft
Looking for more detailed price action? Is trading M1 charts just not enough? The WaltSoft Tick indicator draws every incoming tick! In addition to that: It draws your open positions, complete with Order Number and Lot Size. It draws your TP and SL. It calculates and displays your current profit or loss in points, money and percent. It displays the current spread. It displays the average spread. This handy indicator will enhance your scalping strategies! Settings (most settings need no explana
30 USD
WaltSoft RNB Plus
WaltSoft RNB Plus
WaltSoft
R ound   N umbers   B ackground The WaltSoft RNB Plus Indicator adds scale and perspective to your charts. In addition, this plus+ version can   Alert   you with a pop-up Alert, a   Notification   on your mobile or an   email   when price reaches a Big Round Number. Description On a naked chart you have no clue of how much price has moved. But put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can choose. Not only that, but it also draws
30 USD
Fibonacci Patterns SCOUT
Fibonacci Patterns SCOUT
WaltSoft
The WaltSoft Fibonacci Patterns SCOUT searches for   Fibonacci Patterns , also called   Harmonic Patterns , and displays the results in a clear table. The WSFP SCOUT can search for  16 different Patterns  plus  1 Custom Pattern  and can process up to  28 Instruments  and up to  9 Time Frames  at once! It refreshes every second! Clicking on a Pair-Time Frame combination will open the relevant chart and displays the pattern(s) which you then can trade manually. Unlike similar software, the WSF
299 USD
WaltSoft Scalper Pro
WaltSoft Scalper Pro
WaltSoft
Scalps the EURUSD pair when there is a Brake/Fake-out at Support and Resistance from Start of Tokyo session to about End of NY session. For maximum safety, a Stop Loss is always used and all open positions are closed before the market closes in the weekend. Also, the EA doesn't trade during the holiday season, from dec 24 to jan 4. The WaltSoft Scalper Pro can already be used on small accounts from as low as $50. You can easily tune the advanced money management system to your risk appet
149 USD
WaltSoft Trade Manager MT5
WaltSoft Trade Manager MT5
WaltSoft
Manage Your Risk Automatically Calculate the Lot Size for a given Percent Risk  and place the order with Stop Loss and Take Profit with one single click of a button. Drag and position your Stop Loss and Take Profit before placing the actual order. Can close positions with one click of a button. Can lock in profit of your trades with a Set Break Even function and/or a Trailing Stop Loss. Can work with Market Orders, Instant Orders, Pending Stop Orders and Pending Limit Orders. Works on any instru
99 USD
WaltSoft RNB Plus MT5
WaltSoft RNB Plus MT5
WaltSoft
R ound N umbers B ackground The WaltSoft RNB Plus Indicator adds scale and perspective to your charts. In addition, this plus+ version can Alert you with a pop-up Alert, a Notification on your mobile or an email when price reaches a Big Round Number. Description On a naked chart you have no clue of how much price has moved. But put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can choose. Not only that, but it also draws horizontal lines
30 USD
WS Currency Strength MT5
WS Currency Strength MT5
WaltSoft
Have you ever wondered which currency is moving a pair? For instance, if you see EURUSD go up, then is it because the EUR is getting stronger or because the USD is getting weaker? Well, this nifty little indicator will tell you in a blink of an eye! The indicator shows the relative strength of eight major currencies by comparing each currency with all the other ones, and presents the result in an easy to interpret graphical way. Alerts, Notifications and Emails can be set on a range of scena
48 USD
Standard Deviation Channel MT5
Standard Deviation Channel MT5
WaltSoft
- Alert, Notification and Email when price reaches a level. - Second channel possible. - The Channel updates with every new bar, so moves along with time. - Does not repaint. - Generate a signal in your EA. Description Standard Deviation Channel is built on base of Linear Regression Trend representing a usual trendline built between two points on the price chart using the method of least squares. As a result, this line proves to be the exact median line of the changing price. It can be consider
30 USD
Fibonacci Patterns Scout MT5
Fibonacci Patterns Scout MT5
WaltSoft
The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns , also called Harmonic Patterns , and displays the results in a clear table. The WSFP SCOUT can search for  16 different Patterns  plus  1 Custom Pattern  and can process up to  28 Instruments  and up to  9 Time Frames  at once! It refreshes every second! Clicking on a Pair-Time Frame combination will open the relevant chart and displays the pattern(s) which you then can trade manually. Unlike similar software, the WSFP SC
299 USD
筛选:
intan08
461
intan08 2020.10.02 12:07 
 

Worth every penny!

cvdestyfx
2241
cvdestyfx 2019.12.18 06:59 
 

Very useful indicator for observing direction of market, seeing levels of support and resistance, and identifying high probability reversal areas. Clean and accurate.

回复评论
版本 1.3 2020.12.18
Added settings to set color, style and line width of channels
版本 1.2 2020.03.11
Bug fix: it drew 1 bar too little