Technical Indicators for MetaTrader 4 - 22

The " Multi Kernel Regression " is a versatile trading indicator that provides graphical interpretations of market trends by using different kernel regression methods. It's beneficial because it smoothes out price data, creating a clearer picture of price movements, and can be tailored according to the user's preference with various options. What makes this indicator uniquely versatile is the 'Kernel Select' feature, which allows you to choose from a variety of regression kernel types, such

Trends are like the "Saint Graal of traders": it can give you an higher win rate, a better risk to reward ration, an easier position management and so on... But it is really hard to determine the trend with accuracy, avoiding fase signals, and with the right timing, in order to take massive movements. That's why I created the Trend Validator: a new and EASY tool that will make identifying trend and build new strategy a really easier work. ANATOMY OF THE SOFTWARE The indicator is composed b

Market Cycles   is a unique proprietary indicator that uses a neural network to determine the current market phase. For training, the neural network uses cyclic (reversal) patterns. Currency markets tend to cycle from bearish to bullish periods and back again. In this product, we combined patterns from four timeframes (M5, M15, M30, H1), which allowed us to significantly increase the accuracy of the signals! Market Cycles should be used on the EURUSD currency pair,  M30  timeframe! Be

Up Down trend - determines the trend itself. Correct identification of the trend determines 95% of trading efficiency. And if a trader always accurately determines the direction of the trend, then he will only have to wait for corrections in the direction of the trend and open trades. In any trading strategy you need to correctly identify the trend. If the trend is not defined correctly, the trader will not be able to effectively enter the market and most likely the trading result will be negat

This indicator connects past price points drawing diagonals and trend lines, which converge in the future creating hidden reversal points.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find hidden reversal points Spot convergence zones easily Dense criss-cross zones are reversal points Configurable amount of lines and price points Configurable colors How to use the indicator The indicator draws several lines on the chart, and where many of these lines converge a

The Zig-Zag based levels indicator is a highly accurate tool for Forex trading that will help you improve your strategy and make more precise decisions. It uses the Zig-Zag algorithm to identify various support and resistance levels on the market, based on which you can determine when it is best to enter or exit a trade. This indicator has high performance and accuracy in calculating levels, which allows traders to gain maximum profits with minimal risks. Thanks to its intuitive interface, yo

Are you tired of wasting time trying to figure out the total value of your TP and SL lines on Metatrader charts? Look no further, because we have a solution for you. Introducing our free MT4 indicator that allows you to easily track the total SL and TP of your positions on any corner of your screen. With customizable X-Y parameters and color options, you can personalize your screen to fit your trading style. Say goodbye to the hassle and confusion of monitoring your positions, and make smarter

SEE THE TREND ON EVERY TIME FRAME. INTELLIGENT INDICATOR READS PRICE ACTION TO SPOT TRUE MARKET CYCLES AND TREND. This advanced multi-currency and multi-time frame indicator, reads trend in real-time so you always know the trends of the markets you want to trade.  ​Trend-Viewer Pro has been specifically designed to read the trend of every time frame and every market , simultaneously, making it much easier for you to find markets with time frame correlation , so you can focus on the best market

Highly configurable Awesome Oscillator (AO) indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: AO Timeframe:  You can set the current or a higher timeframes for AO. AO Bar Shift:

For all those traders interested or currently trading Ichimoku, you will not want to miss this article. Although I am heading out in a few hours with my girlfriend to Harbin Hot Springs, I wanted to write a brief introduction to   Ichimoku Number Theory   as there has been a lot of questions (and confusion) about Ichimoku settings, time frames, etc. The basis of Ichimoku as known to most is the 5 lines; Tenkan Line Kijun Line Senkou Span A (part of the Kumo) Senkou Span B (other part of the Kum

Indicators are for trend followers! A trading system constructed by three moving averages. Trade with the trend and let profits run. Strongly recommend trend indicators,   automatic calculation of wave standard   and   MT5 version of automatic calculation of wave standard Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channe

A classical MACD indicator where both the MACD line and the Signal line are displayed as lines. The difference between MACD and Signal line is displayed as a histogram. A user can change the color and thickness of histogram lines. So, histogram lines can be grouped into four different groups: positive ascending, positive descending, negative descending and negative ascending. Multi-currency Dashboard for the indicator is available  https://www.mql5.com/en/market/product/72354

Investment Castle Support and Resistance Indicator has the following features: 1.  Dictates the direction of Buy or Sell trades based on Support and Resistance Levels automatically . 2.  Candles stick colors will change to Red for Sell and Blue for Buy (Default settings, user can change from the inputs). 3. This indicator is built-in the Support & Resistance based Investment Castle EA which works with Psychological Key Levels "Support & Resistance".

This indicator uses Bollinger Bands lines to detect markets trend. It's a very useful tool for manual trading. Furthermore it is possible to use the indicator with ATR as a filter , as well as the option to pop up an alert when a reverse trend occurs. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can to get source code from here . Parameters BarsCount - How many bars used to show the line. BBperiod - Period of Bollinger Bands. BBdeviations - De

Join  Koala Trading Solution Channel  in mql5 community to find out the latest signals, news about all koala products, join link is below : https://www.mql5.com/en/channels/koalatradingsolution Description :  we are happy to introduce our new free indicator based on one of professional and popular indicators in forex market (Parabolic SAR) this indicator is new modification on original Parabolic SAR indicator, in pro SAR indicator you can see cross over between dots and price chart, this c

FTU Idioteque The indicator is for MT4 platform, can be used alone but best combined with other indicators or strategies Combines various indicators such as macd, adx to draw an arrow for suggestion of entry or trend change Watch a short intro video on youtube:  https://youtu.be/lCRJ3mFNyOQ Indicator Features: Sell and Buy arrows Visual and sound alert Trend continuation / Early trend change signal New features: Limit to amount of bars in history Change distance of arrow from bar Usage :

Pattern Explorer is a reliable tool for applying all the power of the most popular Japanese Candlestick Patterns . It uses Machine Learning algorithms to confirm all the patterns. What is the most impressive thing about it? Select Take Profit and Stop Loss and click on “Backtest your strategy” button to backtest your strategy in real time and to see according to your selection: Total signals Testable signals (signals that are reliable to be tested) Profitable signals (%) Loss signals (%) Total p

The Buyside & Sellside Liquidity indicator aims to detect & highlight the first and arguably most important concept within the ICT trading methodology,   Liquidity   levels. SETTINGS Liquidity Levels Detection Length: Lookback period Margin: Sets margin/sensitivity for a liquidity level detection Liquidity Zones Buyside Liquidity Zones: Enables display of the buyside liquidity zones. Margin: Sets margin/sensitivity for the liquidity zone boundaries. Color: Color option

Concept Market arranges in Time upcoming Phases according to the present Results of its Interest. Directing Modulations are an Interaction of immanent Periods, which show in Reference to Time cyclic Activity and to Price leveling Activity. PointZero is a projecting Price Mask of this Concept of Time and Price and categorizing developed Price Movements related to their own Range: how far moved ? indicating their Status by marking special Events: when which Action ? setting the Situation in a fu

Have you ever wondered why so many Forex traders get trapped in weak positions on the wrong side of the market? One of the easiest ways the market makers do this, is by using volatility. A currency pair moves suddenly, often on a news release or economic data. Traders jump in, expecting some quick and easy profits, but the move suddenly moves in the opposite direction. This happens in all timeframes, and in all currency pairs. The candle or bar closes, with a wide spread, but then reverses sharp

The " Comfort Zone Signal " indicator identifies a daily zone that, when broken, has a high probability of the market continuing the established trend . Upon signal, the indicator calculates stop loss and take profit, which can be set by you. You can also set the trend. If the price is above the MA, it looks only for long positions, if below, it looks only for short positions. You can choose to ignore the moving average and display all signals. Additionally, you have the risk percentage d

Download the free version   here. A Full Concept of BUY/SELL   Scalping Strategy Trend detection is one of the basic challenges of every trader. Finding a way to tell when to enter a trade is very important, timing is a game changer, not too early and not too late. Sometimes, due to not knowing the market conditions, the trader closes his positions with a small profit or allows the losses to grow, these are the mistakes that novice traders make. Indicator Trend Whipper is a complete trading st

McS Super Trend -This is one of the most popular classic trend indicators. It has a simple setting, allows you to work not only with the trend, but also displays the stop loss level, which is calculated by this indicator. Benefits: Instruments:   Currency pairs , stocks, commodities, indices, cryptocurrencies. Timeframe: М15 and higher. Trading time: Around the clock. Shows the direction of the current trend. Calculates the stop loss. It can be used when working with trading. Three types of no

Every indicator has its advantages and disadvantages. Trending ones show good signals during a trend, but lag during a flat. Flat ones thrive in the flat, but die off as soon as a trend comes. All this would not be a problem, if it was easy to predict when a flat changes to a trend and when a trend changes to a flat, but in practice it is an extremely serious task. What if you develop such an algorithm, which could eliminate an indicator's flaws and enhance its strengths? What if such an algori

The product   Divergence Mom Stoch Adx Bears Bulls   is designed to find the differences between indicators and price. It allows you to open orders or set trends using these differences. The indicator has 4 different divergence features. Divergence types Class A Divergence Class B Divergence Class C Divergence Hidden Divergence Product Features and Rec ommendations There are 5 indicators on the indicator Indicators =   Momentum Stochastic Adx Bears Bulls 4 different divergence types are used

Indicador de Bandas de Fibonacci para Metatrader 4 . Este indicador funciona de forma similar a las conocidas Bandas de Bollinger clásicas, pero en lugar de usar la desviación estándar para trazar las bandas usa números de Fibonacci y el ATR (Average True Range). Puede usarse para trazar niveles de soporte y resistencia que pueden emplearse en sistemas de scalping de corto plazo y swing trading.  Las bandas del indicador son calculadas de la siguiente forma: Línea central : Media móvil de n peri

Currency RSI Scalper   - is a professional indicator based on the popular Relative Strength Index (RSI) indicator. Although the  RSI indicator works fine for an interval of the market, it fails to generate profitable signals when the market conditions change, and hence it produces wrong signals resulting in big losses. Have you ever thought about an adaptive  RSI indicator that adapts its based on the market conditions? The presented indicator implements an optimization algorithm that finds the

This dynamic indicator will identify when Fast Moving Averages (EMA, SMA, or LW) cross Slow Moving Average lines on any timeframe and with any symbol. When the moving averages cross and price close above or below the crossing, the User will receive an alert via pop-up, push, or email. Choose any two Moving Averages to cross to receive an alert and the Indicator will also paint the Moving Average Lines and Arrows. You can choose Exponential Moving Averages (EMA). Simple Moving Averages (SMA

MT5 Version Available Here:   https://www.mql5.com/en/market/product/50255   Telegram Channel & Group :  https://t.me/bluedigitsfx V.I.P Group Access:   Send Payment Proof to our Inbox Recommended Broker:   https://eb4.app/BDFXOsprey * Breakthrough Solution For  Reversal  Trading And Filtering With All Important Features Built Inside One Tool! BlueDigitsFx Spike And Strike Reversal is a mixed oscillator that mixes the readings of a number of indicators, which makes it potential to preci

The R Scalper Arrows indicator delivers easy to read buy and sell signal arrows for any forex pair. It works good for short-term trend predictions: Up arrows suggest the pair is short-term trending up. Down arrows suggest the pair is short-term trending down. For long trades, place your stop-loss below the dots. For short trades, place your stop-loss above the dots. Tip You can use this indicator together with a longer term period trend-following forex indicator such as a simple moving average

[ZhiBiZZD_MT4] The indicator is suitable for all cycles and is suitable for all market varieties. [ZhiBiZZD_MT4] The downward arrow is the signal of (Sell). [ZhiBiZZD_MT4] The upward arrow is the signal of (Buy). [ZhiBiZZD_MT4] can be set in the parameters (Alert, Send mail, Send notification), set to (true) to send instant signals to the alarm window, email, instant messaging. Parameter setting description: [alert_NO_OFF]: This is the alarm switch, set to true, if the arrow appears, i

A personal implementation of a famous trend principle known as higher high, higher close, lower low, lower close (HHHC - HHHL). It uses price action alone to determine trend direction, trend changes and pullback zones.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable breakout period Customizable colors and sizes It is non-repainting and non-backpainting It implements alerts of all kinds The indicator defines three price zones: Buy zones are blue Sell zon

RSI Bands is a powerful indicator which displays an upper and lower band corresponding to the RSI overbought and oversold levels. The band shows what price must be reached during that specific candle in order for the RSI overbought/oversold level to be reached. This is an extremely useful tool for spotting when a trend has begun and when a trend is about to end. The indicator provides buffers, allowing you to use it in your own Expert Advisor. Please message me if you have any questions. CURRE

The "Dagangduit Spread Indicator" is a versatile tool designed to provide traders with essential information about the current spread in the chart window. This indicator offers customizable features, including font parameters, display location on the chart, spread normalization, and alerts to enhance your trading experience. Key Features: Real-time Spread Display : The indicator displays the current spread in real-time on your trading chart, allowing you to stay informed about the cost of execut

Defines extremes. This indicator consists of two parts. The first draws lines on the chart indicating low volatility in relative daily market activity. The second is responsible for determining the extremum and gives signals to buy or sell. This system is suitable for all instruments. It is recommended to use a timeframe from m15 to h4. Before using, you need to choose the settings for yourself. Configure lines deviation. Specify volatility coefficient. Advantages The indicator does not repaint

The Key level flag pattern is one of it's kind when it comes to flag patterns on the Metatrader platform. It is perfect for entering pullbacks in a trend, retests on certain structure or price action, or when you are just looking for a confirmation entry on a zone or odrerblock. It's works on all markets, whether it's forex, crypto currency, stocks or futures. In it's algorithm it incorporates an: 1. Impulsive move (leg/pole) = this is the high momentum move which creates the leg/pole of the pat

*This is tradingview indicator converted to mql4* The CM Slingshot System Indicator is a trading tool that aims to identify potential trade setups based on market volatility and price action. It is designed to help traders spot entry and exit points in trending markets. The CM Slingshot System Indicator combines multiple indicators and techniques to generate trading signals. Here are the key features and components of the indicator: Bollinger Bands: The indicator incorporates Bollinger Bands,

Auto ZZ SR Indicator This indicator automatically draws trend lines using ZigZag top and bottom points. The more ZigZag tops/bottoms that are used, the greater the number of possible combinations. Therefore, the more possible trend lines can be drawn. And vice versa too. The fewer ZigZag tops/bottoms that are used, the lower the number of possible combinations. And therefore, the fewer the possible trend lines can be drawn. The indicator constantly updates the trend lines on the chart as the ma

Search for an entry with low risk for trading by Lisek Waves Indicator. Using Lisek Waves Indicator can improve your trading performance. In it’s simplest form, this trading tool make it easy to s earch for an entry with low risk   and to manage your trade and risk. Lisek Wave analysis is based on the notion that markets follow specific patterns called waves which are the result of a natural rhythm of crowd psychology that exists in all markets. You can avoid the loss from taking trades that are

An “inside bar” pattern is a two-bar price action trading strategy in which the inside bar is smaller and within the high to low range of the prior bar, i.e. the high is lower than the previous bar’s high, and the low is higher than the previous bar’s low. Its relative position can be at the top, the middle or the bottom of the prior bar. The prior bar, the bar before the inside bar, is often referred to as the “mother bar”. You will sometimes see an inside bar referred to as an “ib” and its

Smoothed oscillator based on basic DeMarker indicators. Shows the volatility of the price direction. Can be used to determine intraday entry and exit points from the market. Suitable for use on all time frames and trading instruments. It is recommended to use on M5, M15 and M30. The green line shows the price direction up, the blue line shows the price direction down. The red line is a smoothed representation of the price. Input parameters      Period - Period of the main indicator DeMarker

This indicator is designed to find the difference in RSI price and indicator.  This indicator shows the price and indicator difference on the screen. The user is alerted with the alert sending feature. Our Popular Products Super Oscillator HC Cross Signal Super Cross Trend Strong Trend Super Signal Parameters divergenceDepth -   Depth of 2nd ref. point search RSI_Period -   Second calculation period indAppliedPrice -   Applied price of indicator indMAMethod -   MA calculation method findExtInt

The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema

AH Candles MT4 AH Candles MT4 is a new product that allows identifying the current market phase (uptrend and downtrend ). This indicator paints bars in different colors depending on the current state of the market trend ( Green and Red ) AH Candles MT4 is use for trading currencies Advantages Suitable for intraday and swing trading. The indicator base on EMA method to calculate Period Parameters  It can be used as a standalone tool or together with other indicators.  How to use

Function Indicate Buy Sell Signals Indicate Strength of Buy Sell Signals This system is for both type of traders (Short & Long Term) Instead of Other Calculations, Parabolic Sar & Awesome are also used In Any time frame this can be use. What is in for Trader? Trading Switch:  Short Term & Long Term Finally, we all knows that Forex Trading needs completely concentrate & proper cash management, So I never promising that my program will never give you loss but I tried well to provide good and respo

Strategic Zone touched x3, x4, x5 times  >> TP1/TP2/TP3 in  points  or  value  >> Check visually the safety of your Risk/Reward ratio Non-Repainting/Non-Redrawing and Non-Lagging Indicator - Ideal from both manual and robot trading - Fits all assets and all time frames Limited time offer then back to >>   $99 After purchase,   please contact me on this channel   for recommended and personalised settings Key Features 1. Dynamic PowerZONES:   Instantly visualize really strong support and resis

"Adjustable Fractals" - is an advanced version of fractal indicator, very useful trading tool! As we know   Standard fractals mt4 indicator does not have settings at all   - this is very inconvenient for traders Adjustable Fractals has resolved that issue - it has all necessary settings: Adjustable period   of indicator (recommended values - above 7) Adjustable distance   from Highs/Lows of price Adjustable design   af fractal arrows // More great Expert Advisors and Indicators are available he

Forex Indicator PINBAR Pattern for MT4 Indicator  " PINBAR Pattern "  is very powerful indicator for   Price Action   trading:    No repaint, No delays; Indicator   detects PinBars   on chart: Bullish   PinBar - Blue arrow signal on chart (see pictures) Bearish   PinBar - Red arrow signal on chart (see pictures) P C, Mobile & Email alerts   are included Indicator "PINBAR Pattern" is excellent to combine with   Support/Resistance  Levels:  https://www.mql5.com/en/market/product/100903 // More gre

"Follow Trend Oscillator" - is advanced custom indicator, efficient trading tool! User friendly indicator provides opportunities for scalping into the direction of major trend Smooth and adjustable oscillator with signal histo part Green color of oscillator for upward trends,   Brown color - for downward trends Oversold values: below -30 ; O verbought  values: over 30 There are plenty of opportunities to upgrade even standard strategies with this indicator   // More great Expert Advisors and In

The indicator has combined 5 popular strategies. Draws an arrow after confirming a signal for the selected strategy. There are signal alerts. Doesn't redraw its values. I recommend watching my advisor -   Night Zen EA 5 strategies. The main line crosses the signal line. The main line crosses the signal line in the oversold (for buy) / overbought (for sell) zones. The main line enters the oversold (for sell) / overbought (for buy) zones . The main line comes out of the oversold (for buy ) / ove

The recommended timeframe is H1! The indicator has two kinds of signal. This is a signal to open a position from the appearance of an arrow. The price leaves the channel In the first case, the indicator builds arrows based on the constructed channel and Bollinger Bands years. In another case, the trader can trade if the price just went beyond the channel. If the price is higher than the channel - we sell. If the price is lower than the channel, then you can look for a place to buy. It ca

This indicator will show yesterday and today high low, very useful to understand the market sentiment. To trade within the range/ break out. Previous day low- can act as support- can used for pull back or break out Previous day high- can act as resistance- can used for pull back or break out The previous day high low breakout strategy  refers to the day trading technique that provides traders with multiple opportunities to go either long or short . The main idea is to identify the trend in its m

Introducing the Pivot Point Selector Indicator: Your Ultimate Tool for Custom Pivot Levels Are you ready to take your trading to the next level? Say hello to the Pivot Point Selector Indicator, a game-changing tool that puts you in control of your pivot levels. This innovative indicator empowers you to choose three specific points that will determine the pivot level calculations, giving you unparalleled customization and precision in your trading strategy. Key Features and Benefits: Custom Pivo

The FCPI indicator or Forex Currency Power Index indicator for MT4 is a multi currency pairs indicator that displays 28 pairs on 1 chart, which consists of 8 Major Pairs and 20 Cross pairs. 8 Major Pairs and 20 Cross pairs: EURUSD,GBPUSD,AUDUSD,NZDUSD,USDCAD,USDCHF,USDJPY,EURGBP,EURAUD,EURNZD,EURCAD,EURCHF,EURJPY,GBPAUD, GBPNZD,GBPCAD,GBPCHF,GBPJPY,AUDNZD,AUDCAD,AUDCHF,AUDJPY,NZDCAD,NZDCHF,NZDJPY,CADCHF,CADJPY,CHFJPY. Automatically detects symbols that have a symbol prefix and/or a symbol suffi

Elliott Wave Indicator Perfect for trading Stocks, Futures, Forex & Crypto The Elliott Wave Indicator Suite is designed around a simple but effective Swing Trading strategy. The Indicator Suite is great for Stocks, Futures and Forex trading on multiple time-frames. By subscribing to this indicator, you will get: Automatic Elliott Wave Count Elliott Wave Isolation High Probability Pull Back Zones Special 5-35 Oscillator 6/4 Moving Average High and Low's for trade entry and management Autom

The SD Indicator is a powerful tool in the world of Forex trading, that combines two classical strategies: Support/Resistance levels and Supply/Demand zones. The indicator helps traders to identify potential trading opportunities in the market with high accuracy. Support and resistance levels are key price levels where buying and selling pressure converge, leading to potential price reversals. The SD Indicator identifies these levels in real-time and provides traders with a clear picture of wh

The indicator draws price channels. It can be customized so that only buy or sell channels are displayed. Also, trend lines can be displayed instead of channels. This indicator is easy to use, but nevertheless, there are many trading strategies based on channel trading. Advisor based on this indicator:  https://www.mql5.com/en/market/product/37952 Parameters History - maximum number of bars to build channels; Distance - minimum distance from one High (or Low) to another when constructing a chann

This version of the indicator works only in the tick data stream. In this way, we only see the current situation from the moment of launch. I recommend using the classic version Real-Time Currency Valuation . The indicator calculates currency strength of eight major and also can calculate strength of any other currency, metal or CFD. Main Features It is able to display only the currencies that are currently necessary, thus not overloading you with unnecessary information and notifications. It

This indicator applies the  biquad high pass filter to the price-chart data, and displays the filter output for the OHLC as candlesticks. The candlesticks corresponds to the actual calculations of the filter value  during the formation of each price bar (not from all historical highs lows or closes). The shape of the bars therefore corresponds directly to the shape of each price bar. High pass filters are an underappreciated type of oscillator that are seldom used in technical analysis in the st

This indicator offers a comprehensive and efficient solution for traders seeking optimal entries in scalping strategies. Leveraging moving averages and stochastic indicators, it employs a systematic approach to identify favorable trade opportunities. The indicator goes beyond mere analysis, actively drawing clear and actionable entry points on your chart, denoted by arrows. Moreover, it provides the convenience of alerts to ensure you never miss these potential setups. Key Features and Benefits:

Supply Demand Zone Pro Indicator works with all products and timeframes. It is using a new calculation method, and now you can select the desired zone on any timeframe! Strongest Zones are already enabled by default This is a great advantage in trading.This indicator has a built in backtester enabled by default, just move the chart. Supply and Demand ? Supply is a price zone where sellers outnumbered buyers and drove the price lower. Demand is a price zone where buyers outnumbers sellers and

ChannelRSI4   The Relative Strength Index (RSI) indicator with dynamic levels of overbought and oversold zones. Dynamic levels change and adjust to the current changes in the indicator and prices, and represent a kind of channel. Indicator settings period_RSI - Averaging period for calculating the RSI index. applied_RSI - The applied price. It can be any of the price constants: PRICE_CLOSE - Closing price, PRICE_OPEN - Opening price, PRICE_HIGH - Maximum price for the period, PRICE_LOW - Minim

This is an implementation of the market cycle indicator described by Raghee Horner in the book "Forex Trading for Maximum Profit" . The current state of the market can be determined by analyzing the inclination angle of the exponential moving average (EMA) running on a period of 34 bars. If the EMA inclination is defined as the direction of the hour hand on the dial from 12 to 2 hours, then an uptrend is considered to be present; from 2 to 4 hours, the market consolidates; from 4 to 6 hours, a d

Defining Range ( DR ) and Implied Defining Range ( IDR  ) indicator Pro with added features from free version Show DR and IDR ranges Sessions on the chart for   RDR     Regular defining range (New York Session) ADR    After defining range (Asian session) ODR     Outside defining range (London Session) Buttons on chart to enable / disable : Show  Imbalance ( IMB ) Show Volume Imbalance ( VIB ) Show  Gap's between open and close Show  Standard Deviation ( SD ) Show last 3 Sessions

MQLTA Candle Timer is an indicator that can show you the details about a symbol/pair and alert you before the close of a candle. Used in swing trading and not only, it can help your strategies knowing and be ready before the close of a candle. How does it work Simply add the indicator to the chart and set the notifications options. You can load a minimalistic interface or a full interface. The alert will be sent once per candle. Parameters All the parameters, that you can see in the picture,

Keltner MTF     (Not repaint!!!) is a channel indicator that can display price channels from different timeframes on a single chart of quotes. For example, on the H1 chart, you can see at the same time the Keltner price channel from the M15 and H4 timeframe. This tactic makes it possible to more clearly understand the tendency of price movements, to determine trading goals and points for making deals. How the Keltner MTF Indicator Works The Keltner MTF indicator can be used both - for trading in

" A trading range occurs when a financial instrument trades between constant high and low prices over a period of time. The upper part of the trading range of a financial instrument often provides price resistance, while the lower part of the trading range usually offers price support.  Traders can enter in the direction of a breakout or breakdown from a trading range... " This is the "Classical Theory" understanding of ranges. We have a different understanding of the nature of ranges and th

This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " Professional Trading With Double Tops/Bottoms And Divergences! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach. This FREE Version of the Scanner scans only EURUSD and GBPUSD. The full version of the sca

This indicator helps you to scan symbols which are in the Market Watch window and filter out a trend according to RSI. The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength. The RSI is classified as a momentum oscillator, measuring the veloc

Traders Dynamic Index (TDI) Signal  Input parameters: signal mode: set it to true if you want to plug it into   STAT (Signal Tester and Trader) arrow shift: distance between fast EMA line to arrow on chart middle band filter price line filter RSI period RSI price method Volatility period MA period 1 MA period 2 Averaging method You can find the best setting for 4 hour EURUSD on  this video