Technical Indicators for MetaTrader 4 - 56

The indicator displays Renko bars on the chart and uses them to plot the ZigZag - trend lines connecting the local Lows and Highs of the price movement. Renko - specialized display of the price action, in which the graph is displayed not every bar of the time frame, but only under the condition that the price had passed more than the specified number of points. Renko bars are not bound to a time frame, so the indicator can work on any time frame with the same efficiency. This implementation of t

The indicator uses a mechanical approach to identify resistance/support zones and assess their levels of strength showing which price zones are more important than others. Resistance and Support are the main leading indicators used by most traders around the world. To be a successful trader, every trader needs to master the proper detection of price zones. This indicator was created to avoid subjectivity rules when drawing support/resistance zones. Most of the time, resistance and support are no

The indicator MultiTimeFrame Moving Average shows the value of a Moving Average from any higher timeframe on the current chart. Usually, at such points the price finds support or resistance, for example, on H1, H4, D1. Inputs TimeFrame - timeframe the Moving Average is based on. MA_method - Moving Average calculation method. MA_price - Moving Average calculation price.

The indicator displays Renko bars on the chart, uses them to plot the ZigZag - trend lines connecting the local Lows and Highs of the price movement, and highlights them based on the Gartley patterns, showing the potential price reversal points. Renko - specialized display of the price action, in which the graph is displayed not every bar of the time frame, but only under the condition that the price had passed more than the specified number of points. Renko bars are not bound to a time frame, s

The YFX Symbol Data indicator is used to display all the information about the current chart symbol. The indicator makes it easy to examine much more information than just the bid/ask price. Information is categorized as follows: Basic Information - The most generic information about a symbol. It includes the symbol name, bid/ask prices, and spread data. It also includes the low price and high price reached during the current period. Timeframe Information - More details about the current timefra

The Intraday Taker Main indicator displays specific points of potential market entries on the chart. It is based on the hypothesis of the non-linearity of price movements, according to which the price moves in waves. The indicator displays the specified points based on certain models of the price movement and technical data. It has three types of signals. Only arrows are considered trade signals, others are indicative signals. The indicator does not redraw. Indicator Parameters Taker – paramet

Intraday Taker Oscillator indicator is an integral part of the trading system Intraday Taker, which also includes indicators: Intraday Taker Main and MultiTimeFrame Moving Average . This indicator displays the data on the current integrated oscillator and four next timeframes. The indicator allows you to track the situation on higher timeframes and select suitable entry points when oscillator lines are in oversold/overbought zones. The indicator may notify of all three lines (the current and two

Exclusive Average is a custom trend indicator based on the standard Simple Moving Average with an improved operation logic. Signals for Position Opening: Open Buy when the price crosses the indicator line upwards. Open Sell when the price crosses the indicator line downwards. Advantages Good signals. The indicator does not repaint. Sending signals to email and mobile devices. Exclusive Average indicator parameters Indicator_Period - indicator calculation period. SendPush - sending push notif

GM Stochastic MIDL indicator is based on the averaging of the two Stochastics (7,3,4) and (20,3,7) with the level limitation. The only parameter Lim is used for that. The central operator: IIndBuffer[i]=(( iStochastic ( NULL , 0 , 7 , 3 , 4 , MODE_SMA , 0 , MODE_MAIN ,i)+ iStochastic ( NULL , 0 , 20 , 3 , 7 , MODE_SMA , 0 , MODE_MAIN ,i))/ 2 - 50 ) The indicator values are changed from -Y to +Y via 0 after its execution. The white line. The indicator is supplemented by the growth/decrease histog

Not all price changes can be used for trading, as small price fluctuations do not allow you to make a profit. The presented indicator with high efficiency gives signals about the moments of a significant change in the direction of price movement. The indicator is intuitive and easy to use. The indicator signal is generated after the completion of the bar, where the indicator changes its position relative to zero. Never repaints signal. The indicator signals must be confirmed by the price exceedi

BreakoutSR shows you possible breakouts for current/following day . With integrated Support and Resistance lines and a menu you have a better overview of the chart. If the candle closes above "LONG" go long , if the candle closes below "SHORT" go short . Same is for SHORT/LONG Breakouts. Quick and easy to understand - tool, perfect for all types of traders. BreakOutSR Inputs MT4 Alert - Alerts you on ur MT4 Terminal Broker GTM - your Broker GTM BreakOuts: Draw Breakouts - Draw the Breakout lin

The ZigZag indicator provide a good perspective on how the prices are moving, especially when identifying the higher highs or the lower lows. Without using the mouse to measure the extremums, the ZigZag indication can sometimes give a false sense of how much the market have moved, especially when the scale is changed. Hence, the idea for this indicator is born. This indicator provides the typical zig-zag indication with the value added movement delta in pips at each extremums (extreme points). T

The indicator displays renko bars on a chart, uses them to plot the MACD oscillator and determines the divergence conditions (divergences of price movements and oscillator values). The buy/sell signal is formed if the next High/Low price is not confirmed by the oscillator values. The ZigZag indicator is used to evaluate the extremums. Only the last 3 peaks are taken into account (see the screenshot). If peak 1 is higher than peak 2 or peak 3, and at the same time the macd value is lower, then a

Market Pressure is a next-generation display. Its simple and intuitive graphics system allows you to receive directions very easy and fast. This indicator can give three different methods of signals: Scalping, Intraday and Multiday. The logic is based on the price action which combined on multiple time frame. It can give very high quality signals. An indispensable tool for those who want to understand the market pressure and the operating trend. The indicator is customizable for both colors for

Introduction To Turning Point Indicator The trajectories of Financial Market movement are very much like the polynomial curvatures with the presence of random fluctuations. It is quite common to read that scientist can decompose the financial data into many different cyclic components. If or any if the financial market possess at least one cycle, then the turning point must be present for that financial market data. With this assumption, most of financial market data should possesses the multipl

This indicator uses two moving averages, a slower and faster moving average. A crossover occurs when a faster moving average (i.e., a shorter period moving average) crosses a slower moving average (i.e. a longer period moving average). Signal show alert pop-up and push notification. Variable setup for each Moving Average, 3 types of signal arrow, pop-up alert and push notifications. Settings Fast_MA_Setup Period - period of Faster Moving Average (value 0 - xxx). Mode - type of Moving Average (

Trend Wave is an advanced trading tool; trend and counter trade indicator based on Supports and Resistances. Trend Wave is designed to have an active trading at any time Trend Wave is not lagging Indications are given at the beginning of a new candle Trend Wave indicates The Indicator's window shows you the actual count of S and R to get the overall trend The white line shows the instant trend. On the main chart window, colored arrows are displayed to show the last valid S and R. This a

Trend Hunter is the indicator for filtering sideway and confirm trend to help your system trading. Indicator can use every currency pairs, every timeframe, and every broker. You can see trend and side way when color to change in candlestick. Features Candlestick when the color changes to green: Uptrend. Candlestick when the color changes to red: Downtrend. Candlestick when the color changes to Yellow: Sideway.

The Rapid indicator is a ready binary options trading system . The system is designed for trading on a five-minute interval with the 15-minute expiration and with the payout at least 85%, it is designed for traders using web terminals and MetaTrader 4 platform. Available financial instruments: EURUSD, EURCHF, GBPUSD, GBPJPY, USDJPY and XAGUSD. This is a counter-trend system, i.e. it waits for the price reversal of a traded asset. The indicator signals are not redrawn, they appear after the close

Relative Strength Index with advanced functionality recalculates (converts) the averaging period in accordance with the value of parameter Time Frame for lower chart time intervals (Multi-TimeFrame (MTF)). Unlike the standard indicator, RSI converter includes an alert system that notifies about changes in market situation, it consists of the following signals: Main line crosses levels of extreme zones (30%, 70%) and the level of 50%; The main line crosses one or two trendlines in the indicator w

Commodity Channel Index Message is an indicator for the MetaTrader 4 trading platform. Unlike the original indicator, this three in one version has a system of alerts that inform on market situation changes. It consists of the following signals: when the Main line crosses the levels of extreme zones and 50% level; when the Main line crosses the Trend line in the indicator window; Divergence on the last bar. Values of the middle and extreme levels and divergence zones are customizable. Paramete

The indicator displays renko bars on a chart and uses them to create ZigZag indicator - trend lines connecting local price movement Highs and Lows. The indicator, in turn, is used to create AB=CD displaying potential price reversal points. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any time

SH Trend Flow indicator is calculated based on advanced algorithm of several indicators. The algorithm provides highly reliable entry points, and its simple settings allow using it for any symbol and trading style. Signals are generated at the closing of a bar and are not repaint. Parameters iPeriod - Period of the indicator xSmooth - Lower this value will smooth the indicator PopUpAlert - true/false to show pop up alert EmailAlert - true/false to send email notification How to use this indi

The indicator calculates and displays renko bars using MA and PSAR data as well as provides buy/sell signals. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. Buy signal forms when PSAR readings are moving down, MA is moving up, the price is closing ab

Automate your charting with the All-In-One SRES channel indicator. This is a complete package designed to address 3 questions: (1) when to enter a trade, (2) what is a good exit point, and (3) what is the probabilistic likelihood of success of the trade. Longevity and Flexibility : The All-In-One SRES calculates and charts S upport, R esistance, E xpected range, and a S queeze channel, and is enormously flexible for many trading strategies. Each option is customizable to fit your strategy, and c

"Battles between bulls and bears continue to influence price development long after the combat has ended, leaving behind a messy field that observant technicians can use to manage risk and find opportunities. Apply "trend mirror" analysis to examine these volatile areas, looking for past action to impact the current trend when price turns and crosses those boundaries." - Investopedia.com RSI Mirrors and Reflections is a robust technique using multiple RSI periods, mirrors and reflections based o

Fano Factor is a measure of the dispersion of the probability distribution of Fano noise, named after Ugo Fano, an Italian-American Physicist. Fans has applications in Particle Detection and Neuroscience for describing variability in complex multivariate data. In trading, we have discovered Fano can be used as a 'signal to noise' ratio, and can indicate the strength of price movements (i.e., price movement is greater than predicted by purely statistical measures). Like standard deviation, Fano F

"The Squeeze indicator attempts to identify periods of consolidation in a market. In general the market is either in a period of quiet consolidation or vertical price discovery. By identifying these calm periods, we have a better opportunity of getting into trades with the potential for larger moves. Once a market enters into a "squeeze," we watch the overall market momentum to help forecast the market direction and await a release of market energy." Modified TTM Squeeze Indicator is a modifica

The indicator draws lines based on the price Highs and Lows, as well as slant trend lines. Break through the trend line, High or Low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). This indicator is easy to use, but nevertheless, there are many trading strategies, which are based on a breakthrough of the trend lines. The number of candlesticks used to determi

This is a simple and efficient indicator based on market logic. The indicator creates a range chosen by a trader. Trader selects only two parameters. The first one is the number of candles that define the frame. The second one is the number of candles needed for confirmation frame. The indicator shows all situations in history and works with the actual movement of the market. The indicator works on all timeframes . You are not limited by use of different timeframes, the indicator is able to adap

The indicator displays trend in the form of histogram. It is a non-repainting indicator. The indicator notifies currency trend by means of a pop-up window, sound, email and push notifications. This is a multiple time frame indicator. Parameters Time Frame - Chart Time Frame - select time session; zero is the current timeframe (Chart Time Frame cannot be lower than the current time interval). Notification - select a notification, Alert On Crossing Zero Level, Message Alert, Sound Alert, Email A

Simple and powerful CSM (Currency Strength Meter) Currency strength meter is the indicator you need to identify the current actual trend based on a unique calculation, which is generally used as another fundamental analysis for those who are not capable of reading the fundamental clearly. Currency strength meter will read the current strength of related currency pair (Forex) where generally consist of AUD, NZD, CAD, CHF, JPY, EUR, GBP, and USD for the main major currency. Feature Easy reading

The Crossover Alert System is a highly configurable MT4 indicator which incorporates a fully automated alert system for potential trading signals generated by Stochastic Crossovers. The system has the following features: 'Touch' alert option - where the stochastics momentarily touch above or below the trader defined trigger thresholds 'Printed' alert option - where the stochastics have acually formed a crossover in the last chart period. Email alert option Configurable High and Low Trigger Zones

The Moving Average / Price Proximity Alert system is a highly configurable MT4 indicator which incorporates a fully automated alert system for monitoring a trader defined moving average in relation to price action. Automatically receive alerts when price action touches or crosses over a trader defined moving average Push alert capability Email alert options On screen pop up options Configurable alert module Precision Alert Controls Traders can control: The minimum time between alerts in second

"The Squeeze indicator attempts to identify periods of consolidation in a market. In general the market is either in a period of quiet consolidation or vertical price discovery. By identifying these calm periods, we have a better opportunity of getting into trades with the potential for larger moves. Once a market enters into a "squeeze," we watch the overall market momentum to help forecast the market direction and await a release of market energy." The StdATR Squeeze Channel combines standard

ReLSOved indicator is primarily directed at traders using trading strategies based on the price action patterns. The indicator knows exactly where the rails go! The "rails" are the five patterns of the famous Price Action strategy - Rails, Outside bar (OVB), Reversal pivot points (PPR), Wide range bar (WRB) and Inside Bar False BreakOut - IB-FB, which is known as Fakey among the fans of Price Action trading. They can be used together or in various combinations (the display of each pattern is cus

The "Volumes Alert Push Mail" is an indicator for the MetaTrader 4, which is based on the standard Volumes indicator with functions for generating alerts, sending messages to email and mobile terminals. Advantages of the "Volumes Alert Push Mail" indicator Highly customizable visualization. Receiving signals in any way possible: emails, push-notifications and alerts. Free technical support from the developer. Parameters Volume - indicator value for sending the messages. Bar - the setting

The Greed Master Stochastic 2 Lines indicator uses the Stochastic indicator. And based on the data on intersections with the levels , it plots two High and Low lines according to the rates for the change period of the Stochastic indicator. All parameters are set to default, but they can be adjusted if necessary. Also, the arrows show the High and Low price values for the specified period. If you correctly fill parameters of the account and exchange rate of the currency in the country the indicat

SuperTrend Alerts adds alerts to the widely popular SuperTrend indicator. As the name suggests, SuperTrend is a trending indicator which works best in trendy (not choppy) markets. SuperTrend is extremely popular for intraday and daily trading, and can be used on any timeframe. Place a call when the price closes above the SuperTrend line, and place a put when the price closes below the SuperTrend line. These crossovers are highlighted by non-repainting up/down arrows. Alerts Email, message and

Professional 0 Lag Moving Averages Indicator MAi Indicator is a complete of moving averages with no lag . With MAi you can finally trade in real time with no lag, so your trading becomes more precise, realistic and more effectively. Please see included averages and the combinations with “Hull” equation below in code section. MAi indicator can run many instances , for all time frames at once, so you can test and compare results with different settings . It is very fast and has like all our in

The function of this indicator is to confirm or cancel a possible rupture of a roof or floor. Parameters: The periods serve to make the indicator functions faster or slower. You can modify the periods but the recommended ones are the ones that come by default or is 14-12. PeriodSentry : Number of Bars used for calculations (Recommended value 14). PeriodMedium : Number of average Bars used for calculations (Recommended value 12). BandSup : Superior Band (Recommended value 50). BandInf : Inferior

Professional 0 Lag MAs Trend Sensor Indicator MAtsi is a trend sensor indicator , where 2 MA-s operates simultaneously . It is designed to cover a wider range of dynamic trends, where MAi is not so effective. Included averages are described in MAi indicator code section. MAtsi indicator can run many instances, for all time frames at once, so you can test and compare results with different settings. It is very fast and has, like all our indicators, a built-in " slider history testing " techn

Bid Ask Level is a very simple indicator but, at the same time, very powerful . Using the logic of the minimum and maximum of the previous periods is able to intercept the important levels of demand and supply. The indicator permits setting the numbers of history candles to read very important levels in the past and show them in the current chart. You can see these power levels with horizontal lines designed on the chart. The indicator also permits uploading many different levels (of different t

Professional Trend Convergence/Divergence Indicator TCD indicator is based on the Convergence/Divergence of Trend and shows you " up trend " (when trend grows) and " down trend " (when trend is falling). In the middle is an adjustable "stop area" on which you cannot trade. Briefly, the TCD shows you when to start or stop buy/sell . TCD indicator can run many instances, for all time frames and includes all 0 lag MAs . (Please see  MAi indicator code section) With TCD your trading becomes more

Indicator for collecting and storing ticks from the real market. Ticks are available in offline mode. The tick chart works like the standard time charts in MetaTrader 4. All indicators work on the tick chart. It is good for finding "pins" and spikes before the news releases. The indicator is good for scalpers and scalper systems. Templates also work. Settings: Period. - number of the period for collecting ticks. Default value is 2. You cannot use the standard minutes 1, 5, 15, 30, 60(hour), 240(

AMD Trend Risk Reward is an indicator which belongs to the group of trend indicators. It provides the possibility to take the correct decisions about timely market entrances or exits. Trend horizontal can cause a lot of headaches to the traders and can be the reason of money loss. By automatic optimizing the settings of our AMD Trend Risk Reward indicator you can avoid most of them and save your money. How to choose the best chart? Press the button [O] on the chart. Indicator automatically optim

The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar. Indicator Parameters Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Type of i

The Extremum catcher indicator analyzes the price action after breaking the local Highs and Lows, generates price reversal signals with the ability to plot the Price Channel. If you need the version for MetaTrader 5, see Extremum catcher MT5 . The indicator takes the High and Low of the price over the specified period - 24 bars by default (can be changed). Then, if on the previous candle the price broke the High or Low level and the new candle opened higher than the extremums, then a signal will

Professional Trend Indicator Ti indicator is based on its own oscillator and shows you trend changes . Indicator includes adjustable Polynomial and MAs channels , Trend lines and Oscillator filter with whom you can adjust the spread of indicator. You can run many instances, for all time frames at once, is very fast and has a built-in " slider history testing " technology and “ Error control ”. Program operates in 2 automatic modes: 1. Slider mode Turns on when attaching the indicator to th

True Choppiness Direction determines if the market is choppy (trading sideways) or if it is trending, as well as the trend direction and strength (green=up, red=down, grey=no trend) . The underlying algorithm is designed to detect trend movements even in the presence of noisy market data, please see screenshots. Trend strength is indicated by taller or shorter red/green fill. Choppiness index is range-bound between -50 (very trendy) and +50 (very choppy). This is a custom algorithm designed by u

The indicator determines and plots price channels or lines, reading information from multiple timeframes (from current, second and third) simultaneously. Color and width of lines for each timeframe can be customized. It is also possible to set different distance between the Highs and Lows for plotting channels or lines. Parameters History - maximum number of bars to plot channels or lines; Distance - minimum distance from one High (or Low) to another when plotting lines; Shift - shift for seve

The indicator determines flat areas of the price movement according to the specified parameters. Settings: FletPips - limit in points for determining the flat FletBars - limit in number of bars for determining the flat CountBars - number of bars in history for the analysis of price movement. 0 - all bars in history are analyzed colir - color of the price section determined as flat Dop - additional drawing of price labels Alerts - display a dialog box with custom data Text - custom text for notif

This is a linear indicator of a currency power (correlation) having the ability to filter by smoothing values. It shows the current power of 8 major currencies, as well as historical values without redrawing. It is based on a custom algorithm. A basic currency pair is used for the calculation basis; the currency pair can differ from the current chart symbol. The result depends on the selected chart timeframe the indicator is launched at and on the basic currency pair. The indicator works with an

RFX Market Speed is an indicator designed to measure a new dimension of the market which has been hidden from the most traders. The indicator measures the speed of the market in terms of points per second and shows the measurements graphically on the chart, and saves the maximum bullish and bearish speeds per each bar. This indicator is specially designed to help the scalpers of any market with their decisions about the short bias of the market. Note: The indicator uses real-ticks and CANNOT be

Super sniper is the indicator that you're looking for This indicator has an active signal that also able to send push notification to your mobile MetaTrader 4 (see the screenshot for tutorial), so you won't miss any signal during active market. The signal is very simple, " down arrow " for sell and " up arrow " for buy. There are several options as below _SEND_NOTIF_TO_MOBILE: to enable push notification to your mobile MetaTrader for signal _ALERT_SIGNAL: to enable alert signal _SHOW_EMA_TREND:

Like Support and Resistance levels, Round Numbers refer to price levels ending in one or more zeros, such as 125.00, 1.0350, 0.8750, 74.50, etc. These are psychological levels where financial institutions and traders expect price to either stall, retrace or breakthrough. On a price chart these figures are generally considered to rule off levels at the 50 and 100 mark. 5TT Round Numbers Indicator makes it absolutely easy for the trader to identify these levels on the chart without the laborious a

Price level alert is a software that gives you an overview of your all drawn levels (supports and resistances) for more than 10 markets in only one elegant table which you can see right in your chart. Price alert is not only this, it also sends you notification (alert) when a market has reached one of your predefined levels. Therefore, this is a must-have tool for all traders who want to cut the time sitting in front of a computer significantly and not to miss any trade. Settings (inputs) Symb

The main objective of the indicator is an accurate forecast of short-term trends. A rising channel is usually broken downwards and replaced with a falling one when confirmed by tick volumes, while a falling one is usually broken upwards and replaced with a rising one again when confirmed by tick volumes. Sometimes, upward and downward channels are replaced with flats. A channel width and duration are defined by the market situation and market phase (bullish or bearish). In our case, tick volumes

Every experienced trader knows that the trend lines should be paid attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the chart as well... Yikes!!! Do you want to know how to easily and simply automate this process? Then read on. There is a solution - a smart and reliable indicator of trend lines - the Exclusive Trendline . All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to ad

Professional Prediction Indicator Based on matching the history with selected pattern model and shows the most likely outcome. Pi indicator includes Pattern line, Scanned_Past line, Matching_Pattern line, Future_Predicted line, adjustable Model Band , and some other controls. This indicator is designed primarily for professional use and is very useful in the search for the probability of the results relating to the future. Note : The results depend on model_band and past_bars . They are appro

A ready-made trading system based on automatic construction and maintenance of Fibonacci levels for buying and selling on any instrument (symbol) and on any period of the chart. Determination of trend direction (14 indicators). The display of the trend strength and the values of the indicators that make up the direction of the trend. Construction of horizontal levels, support and resistance lines, channels. Choosing a variant for calculating Fibonacci levels (six different methods). Alert system

This indicator marks the long or short force of each candle. Green = long. Red = Short Parameters: The periods serve to make the indicator functions faster or slower. We recommend to run faster periods 4-10 or slower periods 12-26. PeriodFast : Numbers of Bars used for the calculations of fast period (Recommended value 4) PeriodSlow : Numbers of Bars used for the calculations of slow period (Recommended value 10)

The function of this indicator is to indicate to us the degree of volatility that is having a specific section. As long as the volatility line does not cross with its mean it is indicative that the volatility continues, and as long as the price does not reverse the continuation should be guaranteed. The crossing below its average would indicate exhaustion or end of said section. Parameters: The periods serve to make the indicator functions faster or slower. You can modify the periods but the r

The EW oscillator is an indicator for the MetaTrader 4 based on mathematical calculations on the price chart. Distinctive features Generates minimum false signals. Excellent for identifying trend reversals. Perfect for scalping. Simple and easy indicator configuration. Suitable for working on the smaller timeframes (up to H4). Works on any financial instrument. Recommended symbols EURUSD, EURGBP, USDCHF, AUDNZD, AUDCAD, GOLD. Recommendations on usage The buy signal is formed when the level

This is the famous FX Sniper's T3 CCI indicator. It is a fixed version additionally containing search for classical and reverse (hidden) divergence. The classical divergence is displayed as a solid line, the reverse divergence is shown as a dotted line. Divergences are drawn in the indicator and on the chart (if you select the appropriate options). Parameters CCI Period — Commodity Channel Index indicator period CCI Type of price — price used for indicator calculation T3 Period — Sniper peri

The Baseline Balance tool shows multiple pivot lines for short, mid and long time market cycles. Thus trader can easy identify local or global S/R (support/resistance) levels for better timing of investments and entries to the market. Due to the multifunctional menu directly on chart the settings is fast and accurate. Pivot lines are generated for H1, H4, Daily, Weekly, Monthly, Yearly timeshares. Menu on chart shows following settings: Line Display Settings Middle_Lines – shows middle calculati

Femade Indie Vs 1.0 is a simple but multi-currency monitoring Indicator created to instantly notify the trader when an attached currency pair is ready to buy, sell or give signal when such currency pair is getting ready for a big move either up or down. It does this by visual aids on the screen charts, sound and pop-up alerts. If it shows " Medium ", this means that the so called currency signal is almost gone but can still be traded provided the trader will not need a lot of pips which can be b

The EasyTrend is a seemingly simple but quite powerful trend indicator. Everyone has probably come across indicators or Expert Advisors that contain numerous input parameters that are difficult to understand. Here you will not see dozens of input parameters, the purpose of which is only clear to the developer. Instead, an artificial neural network handles the configuration of the parameters. Input Parameters The indicator is as simple as possible, so there are only 2 input parameters: Alert -

The indicator displays Renko bars on the chart, uses their data to calculate and display the Bollinger Bands, MACD oscillator and generates buy/sell signals. Renko is a non-trivial price display method, in which a bar within a time interval is shown on the chart only if the price has moved a certain number of points. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. When attached to a chart, the indicator checks for presenc

The BarKhan indicator is calculated as sum of differences of three digital moving averages. The calculation formula is as follows: the difference of digital moving averages 1 and 2 is added to the difference of digital moving averages 2 and 3 Description of the indicator settings: MA_Period1 - the period of the first digital moving average MA_Period2 - the period of the second digital moving average MA_Period3 - the period of the third digital moving average