The Commodity Channel Index computes the deviation of the typical price of each bar from the average price over a particular time period. Multiplying the median deviation by 0.015 facilitates normalization, which makes all deviations below the first standard deviation less than -100, and all deviations above the first standard deviation more than 100.
This adaptive version is based on the indicator described by John Ehlers, in the book Rocket Science for traders. The indicator uses the homodyne descriminator to compute the dominant cycle.
To apply the homodyne descriminator, real and imaginary parts have to be calculated from the Inphase and Quadrature components.(Inphase and Quadrature components are deduced using the Hilbert transform. To learn more about this, read the article on Advanced adaptive Indicators theory and implementation. The sections on Complex numbers and phasors for measuring market cycles and also Measuring cycle period. ) To achieve this the product of the current Inphase component and its value a bar ago are added to the product of the current Quadrature component and its value one bar ago to produce the real part. For the imaginary part, the product of the current Quadrature component and the value of Inphase component a bar ago is taken away from the product of the current Inphase component and the value of the Quadrature component a bar ago. Both real and imaginary parts are then smoothed, before the cycle period can be deduced.The cycle is calculated by taking the arctangent of the imaginary part divided by the real part. Restrictions are placed so as to make sure that the rate of change of the cycle period is limited to +-50% of the previous cycle period and further more, the resulting cycle period is limited to being greater than 6 and less than 50. Smoothing is then applied for the last time on the cycle period.
This cycle period value is then used at each bar close as the value that represents the number of bars back to be analyzed for producing the Commodity Channel Index. This enables the adaptive nature of the indicator.
It can be used as an alternative to the conventional Commodity Channel Index.
- The limits value controls the number bars the indicator will be drawn for .
- The cyclepart is a modifier for the calculated cycle period, it helps to make sure that the indicator remains in phase with the price data. The figure can also be used to optimize the indicator for the measured cycle.
The CCI Crossing indicator displays the intersection of two CCI (Commodity Channel Index) indicators - fast and slow - in a separate window. The intersection area is filled in blue, when the fast CCI is above the slow CCI. The intersection area is filled in red, when the fast CCI is below the slow CCI. This indicator is a convenient tool for measuring the deviations of the current price from the statistically average price and identifying overbought and oversold levels. The indicator can work on
The double smoothed Stochastic indicator is similar to the standard Stochastic. The difference is the double smoothing. This feature of the oscillator does help to overcome some of the limitations of the standard Stochastic oscillator to a certain extent. This relates to the Stochastic Oscillator's tendency to fail when the market is trending strongly. The result is a smoother indicator that responds slower to price fluctuations, enabling its usefulness even when the market is trending. This ind
The Relative strength index is an oscillator that follows price, it was introduced by Welles Wilder, who went on to recommend the 14 period RSI. This adaptive version is based on the indicator described by John Ehlers, in the book 'Rocket Science for Traders'. The indicator uses the homodyne descriminator to compute the dominant cycle. To apply the homodyne descriminator, real and imaginary parts have to be calculated from the Inphase and Quadrature components. (Inphase and Quadrature components
MACD is familiar to all of us. It is based on two moving averages (slow and fast). MACD lrma MT5 is based on two moving averages either. But the cornerstone of these MAs is the linear regression algorithm. Settings: InpFastEMA- fast moving average period InpSlowEMA - slow moving average period InpSignalSMA - signal line period
The indicator plots two lines by High and Low prices. The lines comply with certain criteria. The blue line is for buy. The red one is for sell. The entry signal - the bar opens above\below the lines. The indicator works on all currency pairs and time frames It can be used either as a ready-made trading system or as an additional signal for a custom trading strategy. There are no input parameters. Like with any signal indicator, it is very difficult to use the product during flat movements. You
Modified and updated RSI indicator. Please use arrows on the chart to enter to deals and to exit from deals. The indicator is designed for all currency pairs and time-frames. Parameters: PeriodRSI - indicator period; OpenLevel - level for entering to deals (range diapason 0-100); CloseLevel - level for exiting from deals (range diapason 0-100); FlatMode - please enable this trigger in flat mode (i.e. if there are no determined trends).
The Unda indicator determines the trend direction and strength, as well as signals about trend changes. The indicator uses price extremums for the previous periods and calculates the ratio between the current price and extremums. Therefore, the only parameter is Period (default = 13), which sets the number of bars to determine extremums. The higher the Period, the less the number of signals about trend changes, but the greater the indicator delay. Uptrends are shown by blue color of the indicato
This is a free version of the indicator, the period between the vertical lines is always 30 bars. In the paid version the period can be set by user, so a configuration with many ThreePointsChannel indicators with different periods is possible. The principle of construction - on top of any number of bars set by the user, a channel is constructed with maximum and minimum lines so that the bars touch the maximum and minimum of the channel at exactly three points. The name of the indicator follows
An analogue of the Stochastic oscillator based on algorithms of singular spectrum analysis (SSA) SSA is an effective method to handle non-stationary time series with unknown internal structure. It is used for determining the main components (trend, seasonal and wave fluctuations), smoothing and noise reduction. The method allows finding previously unknown series periods and make forecasts on the basis of the detected periodic patterns. Indicator signals are identical to signals of the original i
Universal Oscillator is a ready to use set of 15 standard, open source, and author's custom oscillators, including 4 period adaptive and 4 fractal adaptive ones. It is an indispensable tool for everyone who writes and optimizes automatic strategies, as well as for manual traders who want to get more from their indicators. Oscillator type and parameters are controlled through inputs. For the comfort of using, all the oscillators are normalized (if needed) and fit the relative scale from 0 to 100,
Advanced Trend Builder is a trend indicator using the original calculation algorithm with boundary lines. Input parameters: Bars will be used for calculation - number of bars used for a trend line calculation; Boundary lines distance (Points), 0 - auto - the distance between the boundary lines and the central one or automatic distance calculation; Boundary lines calculation method - method of distance calculation for the boundary lines from the central one; Indicator ID - unique ID of the indica
Tired of constant hanging in dull markets and/or missing big trends? Volatility Hunter can be a good solution for you. This new indicator uses second derivative to measure volatility (and thus probability of beginning/continuation of a trend). It monitors minor changes in character of price movements simultaneously with volumes (tick or real), therefore providing early entry points and conservative exits. Unlike analogs, Volatility Hunter is additionally filtered in order to avoid going off-scal
The indicator identifies when a divergence occurs between price and an oscillator. It identifies both regular and hidden divergences. This free version has some limitations compared with the paid version . For instance alerts are not supported. Please also check out my other divergence products : Divergence dashboard Double divergence scanner Features Can detect divergences for the following oscillators/indicators: MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX , ATR, OBV, Composite in
This is the same indicator created by Mustapha BELKHAYATE now available for free. This indicator is best used to time the market and enter trades during periods of least risk. Apply this indicator along with the Center of Gravity indicator in order to identify price extremes. Then use free timing to trade potential turning points. This indicator is an oscillator similar in ilk to the Relative Strength Index. Indicator values range from 0 to 100, with values below 30 or 20 signaling overselling a
F-Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator is based on FRAMA (Fractal Adaptive Moving Average). The FRAMA follows strong trend movements and slows down significantly during price consolidation. The indicator is able to work on any timeframes, but H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the middle line. The upper and lower lines can serve as
The standard Commodity Channel Index (CCI) indicator uses a Simple Moving Average, which somewhat limits capabilities of this indicator. The presented CCI Modified indicator features a selection of four moving averages - Simple, Exponential, Smoothed, Linear weighted, which allows to significantly extend the capabilities of this indicator. Parameter of the standard Commodity Channel Index (CCI) indicator period - the number of bars used for the indicator calculations; apply to - selection from
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
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
The Trend Detect indicator combines the features of both trend indicators and oscillators. This indicator is a convenient tool for detecting short-term market cycles and identifying overbought and oversold levels. A long position can be opened when the indicator starts leaving the oversold area and breaks the zero level from below. A short position can be opened when the indicator starts leaving the overbought area and breaks the zero level from above. An opposite signal of the indicator can
The Discrete Channel (kind of renko on time) is a very useful indicator to filter the market noise. It consists of two outer lines. Until the market price is between the boundaries of the channel nothing happens. If price move outside the channel, you can enter buy (if the up line is broken) or sell (if the bottom line is broken) How to use This is the lite version of the Discrete channel indicator . The only limitation is in the channel height parameter. Max value can be 20 pips. It accept
This indicator displays the currency indices. For calculation you can use Moving Average, RSI, MACD, Stochastic or Laguerre. Laguerre was created by John Ehlers - the expert who applied digital signals processing methods to futures trading. This is a free version of Multi Currency Indicator that works with USD, EUR and GBP, and it uses Laguerre indicator only. There is only one input parameter - 'gamma', which is used to specify Gamma factor for Laguerre indicator.
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。
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
This indicator shows the value of returns in the selected time frame They are calculated as logarithm of returns , rather than price or raw returns. For small returns, arithmetic and logarithmic returns will be similar. The benefit of using returns, versus prices, is normalization. It is possible measures all variables in a comparable metric despite originating from price series of unequal values Inputs You can display data both as a Histogram or a Line It's also possible to display the ab
The MWC COX indicator shows the extreme zones of net short/long positions of the Commitments of Traders Report released by the CFTC once a week for four periods of time. Default settings are periods of 12, 26, 52 and 156 weeks. Additional Features Displays the sum of all 4 periods in one line MA, MOM and RSI indicators are integrated ( not in the MQL5 Version 1.0 ) Please make sure that you download the MWC_Demo.zip file and unpack it into [...]/MQL5/Files folder. -> www.myweeklycot.com/
K_Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator works on any timeframe. H1 and higher timeframes are recommended though to minimize false signals. The indicator is displayed as lines above and below EMA. Average True Range (ATR) is used as bands' width. Therefore, the channel is based on volatility. This version allows you to change all the parameters of the main Moving Average. Unlike Bollinger Bands that applies the standard deviation
RSI magic kjuta trial is the demo version of RSI magic kjuta. Custom Indicator (RSI magic kjuta) based on the standard (Relative Strength Index, RSI) with additional settings and functions. The maximum and minimum RSI lines on the chart have been added to the standard RSI line. Now you can visually observe the past highs and lows of RSI, and not only the values of the closing bars, which avoids confusion in the analysis of trades. For example, the EA opened or closed an order, but the RSI l
狙擊手MACD指標已通過多種方法得到改進。 還有一個額外的過濾器 它被平滑幾次以獲得最大的效果 還添加了一個音量指示器，以便更準確地顯示有關市場和當前價格狀況的信息 我建議您在m1到m30的時間範圍內使用該指標，因為它是針對短期時間幀配置的 我建議你用高度易變的貨幣對進行交易，例如eur.usd - eur.jpy 感謝您的關注和成功競標。 ---------------------------------------------------- 狙擊手MACD指標已通過多種方法得到改進。 還有一個額外的過濾器 它被平滑幾次以獲得最大的效果 還添加了一個音量指示器，以便更準確地顯示有關市場和當前價格狀況的信息 我建議您在m1到m30的時間範圍內使用該指標，因為它是針對短期時間幀配置的 我建議你用高度易變的貨幣對進行交易，例如eur.usd - eur.jpy 感謝您的關注和成功競標。
RCCMA is a general moving average indicator that works with ReviewCandleChart. Original is "Custom Moving Average" provided by MetaQuotes Software Corp. Based on that source code, I corresponded to ReviewCandleChart . Advantages When ReviewCandleChart is ON, no line will be displayed on the right side from the vertical reference line. When ReviewCandleChart is ON and you press a key such as "Z" or "X" Following that, the MA is drawn. When ReviewCandleChart is OFF, the same drawing as the origi