Extended Bollinger Bands MT5
This is an extended version of Bollinger Bands. You can use 21 variations of the moving average and 11 price options for the calculation of the middle line of the indicator. In addition, the period for calculating the standard deviation is defined by a separate parameter.
Moving Average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average (or EPMA, Linear Regression Line), Smoothed Moving Average, Hull Moving Average by Alan Hull, Zero-Lag Exponential Moving Average, Double Exponential Moving Average by Patrick Mulloy, T3 by T.Tillson, Instantaneous Trendline by J.Ehlers, Moving Median, Geometric Mean, Regularized EMA by Chris Satchwell, Integral of Linear Regression Slope, Combination of LSMA and ILRS, Triangular Moving Average generalized by J.Ehlers, Volume Weighted Moving Average, Smoothing by Mark Jurik.
Price options: Close, Open, High, Low, Median Price = (High+Low)/2, Typical Price = (High+Low+Close)/3, Weighted Close = (High+Low+Close*2)/4, Heiken Ashi Close, Heiken Ashi Open, Heiken Ashi High, Heiken Ashi Low.
- PeriodMA - middle line calculation period,
- MethodMA - middle line smoothing method,
- PriceMA - price used for calculation,
- PeriodDev - period for calculation of the standard deviation,
- Deviations - the standard deviation multiplier,
- MethodDev - averaging method
- PriceDev - price for calculation of the standard deviation,
- ShiftMA - forward/backward shift of the indicator on the chart,
- AddDigits - increased accuracy of values by adding decimal places.
The standard Bollinger Bands indicator has been improved by integrating additional indications from the Standard Deviation indicator (StdDev), which gives an additional filter for confirming trading signals. In addition, the color of the indicator's lines shows the beginning of a trend, its development and exhaustion. This indicator has a signal block that notifies the trader of the beginning of the trend on any time frame to which it is attached. Settings Type of messages - select the type of
This indicator can send alerts when a Heiken Ashi Smoothed color change occurs. Features Can send all types of alerts. Option to delay the alert one or more bars in order to confirm the color (trend) change. Parameters Candle shift for alert: Default is 1. Setting it to 0 will alert you on color change on the current candle. This should be regarded as a pending (unconfirmed) signal. MA method: Default is Smoothed (SMMA). MA period: Default is 4. MA 2 method : Default is Linear Weighted (LWMA
Follow The Line This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more powerful and reliable signals. Get them
This indicator draws: 1 Kijun Sen + 3 Envelopes + 7 Price Labels The Kijun Sen, Envelope/s and Price Labels can be hidden as required. Envelopes can be used to identify: Price ranging; Overbought price levels; Oversold price levels; Take Profit levels; Stop Loss levels. All parameter changes can be permanently saved and loaded via the Save and Load buttons in the Inputs tab. The Color tab offers limited and temporary change that expires on chart close or timeframe change, unless permanently save
Free automatic fibonacci is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
Rainbow MT5 is a very simple indicator based on Moving Average with period 34 and can be very useful. When price crosses above MA and MA changes color to green, it’s a signal to buy. When price crosses below MA and MA changes color to red, it’s a signal to sell. An Expert advisor ( Rainbow EA MT5 ) based on Rainbow MT5 indicator is on the way and will be released very soon.
Combining the best of Price Action , Directional Movement , and Divergence/Convergence analysis, Candle Color Trend is a easy and reliable way to identify trend direction. The indicator automatically paints the candles according to the assumption that an uptrend is defined by prices that form a series of higher highs and higher lows. In contrast, a downtrend is defined by prices that form a series of lower highs and lower lows. Additionally, ADX Wilder indicator is used to measure trend weakness
The indicator determines trend/flat status of the market using Bollinger Bands. Bollinger Bands diverge when the market moves sharply and converge when there is flat. The indicator uses this peculiarity. When the market is calm and distance between Bollinger Bands is less than some value, the indicator shows flat (gray histogram by default). When the market starts moving and divergence of Bollinger Bands exceeds this value, the indicator determines direction of the movement and shows an up trend
The standard Bollinger Bands indicator is calculated only on the basis of 7 price constants and a simple Moving Average (SMA). This modification allows calculating the indicator on the basis of any combination of 4 basic prices: Close, Open, High and Low. An additional convenience of the indicator is the possibility to select one of the six methods of averaging: simple ( SMA ), exponential ( EMA ), smoothed ( SMMA ), linear weighed ( LWMA ), double exponential ( DEMA ), triple exponential ( TEMA
MetaTrader 4/5 中的 MACD 指标看上去与其它许多图表软件里的 MACD 不同。这是因为 MetaTrader 4/5 版本的 MACD 显示 MACD 曲线作为直方图，而传统上显示为曲线。此外，MetaTrader 4/5 版本使用 SMA 计算信号线，而根据 MACD 的定义，它应该使用 EMA。MetaTrader 4/5 版本也不计算实际的 MACD 直方图 (即 MACD 与信号线之间的差异)，这可能对那些 MetaTrader 4/5 的新手带来困扰。 这款指标按照其创造者 (Gerald Appel) 的定义显示 MACD，如同其它图表软件里显示的那样。而 MACD 线的计算采用 "快速" EMA 和 "慢速" EMA 之间的差异。信号线是 MACD 线的 EMA。MACD 直方图是MACD 和信号线之间的差异 (MACD 直方图可自行作为可靠的用作背离信号)。 T/F 开关启用，您可以显示/隐藏 MACD/信号线，以及 MACD 直方图。
Heikin-Ashi RSI is a technical indicator, combined Heikin-Ashi and RSI calculations, to show price moving trend and reversal. The Heikin-Ashi technique – meaning "average bar" – can be used to spot trends and to predict future prices. Heikin-Ashi Candlesticks are based on price data from the current open-high-low-close, the current Heikin-Ashi values, and the prior Heikin-Ashi values. The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is
Best Scalper Oscillator Free is an indicator for MetaTrader 5 based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points. Best Scalper Oscillator Free is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time. Best Scalper Oscillator Free - is a demo version, which works only on the USDCHF currency pair. Unlimited version can be purcha
Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (two methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and vis
ATR Envelopes use a multiple of the Average True Range and add an upper envelope line and lower envelope line around a moving average. ATR Envelopes are also known as ATR Channels. Typical use is to indicate when the price breaks out of the envelope as the ATR measures volatility. Way of the Turtle by Curtis Faith uses this type of indicator as it shows tests of an ATR Channel Breakout trend following system. You can change the moving average period, the Average True Range period, and the number
The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A
The indicator draws trendlines on chart. This indicator has six inputs. User can specify alternative labels for both lines. If multiple instances of the indicator are used, the labels must differ. User can set width and color of the lines and depth which specifies what significant peaks should be used. For example, Depth=10 sets trendlines using the current peaks and valleys that have at least 10 bars to the right and to the left and that have highs/lows less/greater than the peak's high/low. In
The Period separators indicator separates time periods, specified by user. It supports all timeframes, greater or aliquot to current timeframe. In case of the incorect timeframe, the indicator modifies it to closest correct value. Additional bonus - the separation of non-standard time periods - MOON, MOON/2, MOON/4 (moon phases). The separators are plotted using the indicator's buffers. The indicator uses one graphic object for information about the progress and current bar properties. The grap
Advanced Stochastic Scalper Free for MT5 is a professional indicator based on the popular Stochastic Oscillator. This product is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper Free to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely m
For those who like trend the Force will be a very useful indicator. This is because it is based on the famouse ADX, which measure the strenght of a trend, but without its 3 confusing lines. Force has its very simple interpretation: if the histogram is above zero level the trend is up, otherwise it is down. You can use it to find divergences too, which is very profitable. If you have any doubt or suggestion, please, contact us. Enjoy!
技术指标相对强度指标 (RSI) 是价格跟随振荡器，它的数值在 0 和 100 之间变化，数值低于 30 表示超卖状态，数值高于 70 表示超买状态。它的经典诠释如下：如果振荡器的曲线走出超卖区域，则是一个开多头的信号。如果它走出超买区域，则是一个开空头的信号。 指标在图表上的入场点显示箭头。 输入参数: Period RSI - RSI 周期; Signal level in percents - 生成开仓信号的曲线交叉级别的百分比。 开多头条件 (绿色上箭头): 曲线穿过级别 '信号级别百分比' 向上。 开空头条件 (红色下箭头): 曲线从上向下穿过级别 '100-信号级别百分比'。例如, 如果 '信号级别百分比' 的数值为省缺, 则该数值等于 70。
It is the MQL5 version of zero lag MACD that was available for MT4 here: https://www.mql5.com/en/code/9993 Also there was a colored version of it here but it had some problems: https://www.mql5.com/en/code/8703 I fixed the MT4 version which has 95 lines of code. It took me 5 days to write the MT5 version.(reading the logs and testing multiple times and finding out the difference of MT5 and MT4!) My first MQL5 version of this indicator had 400 lines of code but I optimized my own code again and n
***Please Give Some Feedback and Reviews*** This is an indicator which shows the direction and the strength of the selected Symbol based on the two outputs, Signal and Value. The Signal indicates the directions as Buy equals 2(Blue) and Sell equals 1(Red). The Value output indicates the strength of the signal between -100 to 100. This indicator is both trend and fast preliminary indicator by choosing appropriate parameters. Indicator uses the Normalized ADX value as the hitting catalyst, which
***Please Give Some Feedback and Reviews*** This is an indicator which shows the direction and the strength of the selected Symbol based on the two outputs, Signal and Value. The Signal indicates the directions as Buy equals 2(Blue) and Sell equals 1(Red). The Value output indicates the strength of the signal between -100 to 100. This indicator is both trend and fast preliminary indicator by choosing appropriate parameters. Indicator uses the Tick Volume as the hitting catalyst, which by choosi
This is a simple indicator informing of the arrival of n candles. A signal is triggered when n candles are formed on the market ( n value is customizable) indicating a strong trend and possible reversal. For example, 5 bullish candles have formed on the market. 3 of them are big (relative to the context) - the signal is triggered. Inputs Number of Candles - number of necessary candles Filter ON/OFF - enable/disable the filter SMA Period - period of SMA used in the filter Number of big candles
This indicator draws: 1 Kijun Sen + 1 Envelope + 3 Price Labels The Kijun Sen, Envelope and Labels can be hidden as required. Envelopes can be used to identify: Price ranging; Overbought price levels; Oversold price levels; Take Profit levels; Stop Loss Levels. All parameter changes can be permanently saved and loaded via the Save and Load buttons in the Inputs tab. The Color tab offers limited and temporary change that expires on chart close or timeframe change, unless permanently saved in a
Bollinger Bands Technical Indicator (BB) is similar to envelopes. The only difference is that the bands of Envelopes are plotted a fixed distance (%) away from the moving average, while the Bollinger Bands are plotted a certain number of standard deviations away from it. Standard deviation is a measure of volatility, therefore Bollinger Bands adjust themselves to the market conditions. When the markets become more volatile, the bands widen and they contract during less volatile periods. This ada
Tenkan and Kijun Color Fill Color Fill enhances visual perception of price action and assists with decisions of trade entry, continuation, exit and trade re-entry on trend continuation. This indicator draws: The Tenkan Sen and Kijun Sen components of the Ichimuko Kinko Hyo Indicator. Two associated Price Labels. The below Color Fill options. Note: The Color Fill is not a part of the Ichimoku Kinko Hyo indicator and should not be confused with the Ichimoku Cloud. Color Fill options Color Fill be
The Bollinger BandWidth is the numerical difference between the value of the upper Bollinger Band and the lower Bollinger Band. As volatility increases and the Bollinger Bands get wider, the BandWidth indicator value will increase. As volatility decreases and the Bollinger Bands get closer, the BandWidth indicator value will decrease. The BandWidth indicator helps show volatility as it increases and decreases. Typical use is to find times of low volatility that start to breakout as the price mov
Added 5 new types of smoothing.