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Aroon Global

Description

A colored multicurrency/multisymbol indicator Aroon Global based on one of the twenty three standard indicators of MT4. The indicator consists of two lines: Aroon Up and Aroon Down.

The main function of the indicator is to predict the trend change. 

The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).

The indicator lines can be colored.


Purpose

The indicator can be used for manual or automated trading in an Expert Advisor. Values of indicator buffer of the double type can be used for automated trading:

  1. The bullish line of the indicator Aroon Up - buffer 0.
  2. The bearish line of the indicator Aroon Down - buffer 1.


Meaning of the Indicator Signals

The indicator may have multiple states depending on the mutual arrangement of its lines - Aroon Up and Aroon Down:

  1. When the lines reach extremes.
  2. When the lines stay in certain ranges.
  3. When there is a parallel movement of Aroon Up and Aroon Down.
  4. Crossing of Aroon Up and Aroon Down.

 So

  1. Extremes and lines in certain ranges:
    • When Aroon Up reaches 100, this may mean strengthening of the market.
    • If Aroon Up persistently stays between 70 and 100, a new uptrend is expected.
    • Similarly, if Aroon Up reaches zero, weakening of the market is expected.
    • If Aroon Up is between 0 and 30, a new downtrend is expected.
    • A strong downtrend is observed when Aroon Up persistently stays between 0 and 30, while Aroon Down persistently stays between 70 and 100.
  2. Parallel movement of Aroon Up and Aroon Down:
    • If the lines are parallel and close to each other, further strengthening of the trend can be expected.
  3. Intersection of the Lines:
    • When Aroon Down crosses Aroon Up from bottom upwards, market weakening is detected and price decrease should be expected.
    • When Aroon Up crosses Aroon Down from bottom upwards, potential market strengthening and price growth is expected.

The most reliable is the signal received on D1 interval compared to, for example, H1 interval.


Inputs

  1. Currency_Name - the name of the financial instrument.
  2. Calc_Method - the index of the indicator, based on which the Aroon indicator will be calculated:
    • 0 - AD (accumulation and distribution of volume) - (by default).
    • 1 - OBV (On Balance Volume).
    • 2 - Volume (tick volume).
    • 3 - AC (Accelerator/Decelerator).
    • 4 - AO (Awesome Oscillator).
    • 5 - BullsPower.
    • 6 - BearsPower.
    • 7 - BullsPower - BearsPower.
    • 8 - Force (Force Index).
    • 9 - MFI (Money Flow Index).
    • 10 - BW MFI (Market Facilitation Index).
    • 11 - ATR (Average True Range).
    • 12 - Momentum.
    • 13 - RSI (Relative Strength Index).
    • 14 - RVI (Relative Vigor Index).
    • 15 - MA (Moving Average)
    • 16 - CCI (Commodity Channel Index).
    • 17 - ADX (Average Directional Movement).
    • 18 - DeMarker.
    • 19 - Standard Deviation.
    • 20 - OsMA (Oscillator of Moving Averages).
    • 21 - MACD (Moving Average Convergence Divergence).
    • 22 - Stochastic.
    • 23 - %R (Williams % Oscillator).
  3. Ind_period - indicator calculation period.
  4. KPeriod - K period of Stochastic.
  5. DPeriod - D period of Stochastic.
  6. Slowing - Slowing period of Stochastic.
  7. Stoch_Price - type of price for Stochastic:
    • Low/High (by default).
    • Close/Close.
  8. Price_Field - averaging method for Stochastic:
    • Simple.
    • Exponential (by default).
    • Smoothed.
    • Linear weighted.
  9. FastPeriod - the fast MA period of the basic indicator MACD or OsMA.
  10. SlowPeriod - the slow MA period of the basic indicator MACD or OsMA.
  11. SignalPeriod - the signal line period of the basic indicator MACD or OsMA.
  12. MA_Method - averaging method for the MA of the basic indicator:
    • Simple.
    • Exponential (by default).
    • Smoothed.
    • Linear weighted.
  13. Applied_Price - the used price of the basic indicator:
    • Close price (by default).
    • Open price.
    • High price.
    • Low price.
    • Median price.
    • Typical price.
    • Weighted price.
  14. Mode - the index of the line (MAIN - 0 (by default) or SIGNAL - 1) of the basic indicator, based on which ADX, RVI, Stochastic or MACD will be calculated.
  15. Shift - the sift o the basic indicator relative to the price chart.


Recommendations

The indicator can be used together with the price indicator Aroon.

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note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
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Indikatoren
Zunächst einmal ist es erwähnenswert, dass dieser Handelsindikator nicht neu malt, nicht neu zeichnet und keine Verzögerung aufweist, was ihn sowohl für manuellen als auch für Roboterhandel ideal macht. Benutzerhandbuch: Einstellungen, Eingaben und Strategie. Der Atom-Analyst ist ein PA-Preisaktionsindikator, der die Stärke und das Momentum des Preises nutzt, um einen besseren Vorteil auf dem Markt zu finden. Ausgestattet mit fortschrittlichen Filtern, die helfen, Rauschen und falsche Signale z
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Indikatoren
DERZEIT 26% RABATT Die beste Lösung für jeden Newbie oder Expert Trader! Dieser Indikator ist ein einzigartiges, qualitativ hochwertiges und erschwingliches Trading-Tool, da wir eine Reihe von proprietären Funktionen und eine neue Formel integriert haben. Mit nur EINEM Chart können Sie die Währungsstärke für 28 Forex-Paare ablesen! Stellen Sie sich vor, wie sich Ihr Handel verbessern wird, weil Sie in der Lage sind, den genauen Auslösungspunkt eines neuen Trends oder einer Scalping-Gelegenh
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Indikatoren
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Indikatoren
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Indikatoren
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ENIGMERA: Der Kern des Marktes https://www.enigmera.com Einführung Dieser Indikator und dieses Handelssystem sind ein bemerkenswerter Ansatz für die Finanzmärkte. ENIGMERA nutzt die fraktalen Zyklen zur genauen Berechnung von Unterstützungs- und Widerstandsniveaus. Er zeigt die echte Akkumulationsphase an und gibt Richtung und Ziele vor.  Ein System, das funktioniert, egal ob wir uns in einem Trend oder in einer Korrektur befinden.  Wie funktioniert es? ENIGMERA besteht aus drei Linien: der
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Identifizieren Sie Bereiche und die nächsten wahrscheinlichen Bewegungen   |  Erhalten Sie früheste Signale und die Stärke von Trends   |  Klare Ausstiegssignale vor Umkehrung   |  Erkennen Sie die Fibo-Levels, die der Kurs testen wird Indikator, der nicht zurückverfolgt, nicht verzögert - ideal für den manuellen und automatisierten Trading - geeignet für alle Vermögenswerte und Zeiteinheiten Zeitlich begrenztes Angebot   >> 50% OFF Nach dem Kauf,   bitte kontaktieren Sie mich auf diesem Kanal  
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Indikatoren
TakePropips Donchian Trend Pro   (MT4) ist ein leistungsstarkes und effektives Tool, das mithilfe des Donchian-Kanals automatisch die Richtung des Trends erkennt und Ihnen Handelssignale für den Ein- und Ausstieg liefert! Dieser Multifunktionsindikator umfasst einen Trendscanner, Handelssignale, ein statistisches Panel, einen Screener, Handelssitzungen und ein Dashboard für den Verlauf von Warnungen. Es wurde entwickelt, um Ihnen Handelssignale zu liefern und Ihnen Stunden beim Analysieren der C
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Description A universal colored indicator Stochastic. The rising and falling lines and the levels of the indicator can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following nineteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. AC - indicator of acceleration. AO
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Indikatoren
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Indikatoren
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Indikatoren
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Indikatoren
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Indikatoren
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Indikatoren
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Indikatoren
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Indikatoren
Description Pivot Pro  is a universal color indicator of the  Pivot Points  levels systems. You can select one of its three versions:  Standard   Old , Standard New  and  Fibo . The system will automatically calculate the  Pivot Point  on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. It can also display price tags for each level. You can color the indicator lines. Only a method of calculation of the third level of supp
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Indikatoren
Description The indicator is intended for labeling the chart using horizontal levels and/or half-round prices. The indicator works on any financial instrument regardless of the name and the number of digits. A user can choose colors for the indicator lines. Input Parameters Calc_Method - method of calculation of the lines: levels of round prices. levels of half-round prices. Digits_Accepted - flag for calculating the levels according to number of decimal places in the quotes of a financial ins
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Indikatoren
Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average .  Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a
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Version 1.22 2020.03.31
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Version 1.21 2014.10.23
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