New Technical Indicators for MetaTrader 4 - 121

Buy Market Scanner is a ready-made trading system, which shows the moments when it is necessary to open or close deals. Buy arrows appear on the zero bar without delay and redrawing. The same applies to signals for closing orders. They appear on the zero bar and are not redrawn. The number of profit or loss in points for a certain time period is displayed in the top right corner of the indicator. The indicator works best on the EURUSD currency pair with the H1 timeframe. Operation Principles I

Trend Bars indicator is a trend indicator working with a set of algorithms and a set of indicators. Trend finds trends by using many factors while you are there. This indicator has 4 mode features. Mode 1 represents short-term trends. Mode 2 represents medium to short term trends. Mode 3 represents medium to long term trends. Mode 4 represents long term trends. Easy to use and simple indicator. The user can easily understand the trends. This indicator has 3 trend features. Up trend, down trend a

The DayWay indicator shows the current trend direction on the chart as a colored line. The best timeframes for operation are M5 and higher. Works on all currency pairs. Suitable for any scalping strategies. Quite easy to use. Recommendations on usage When a blue line appears, wait for a candle to close and open a buy order. When a red line appears, wait for the current candle to close and open a sell order. Parameters Periods - period of the indicator.

This indicator displays in a separate window the difference between the number of ticks which increased the price, and the number of ticks that decreased the price. This approach allows you to evaluate the movement direction (growth or fall) of the instrument's price and the strength of the movement. Set the time interval for calculation, expressed in the number of bars. The in real time uses only the ticks that arrive in real time, the history data are not analyzed.

The megaphone pattern is another chart pattern used for technical analysis. There is usually a lot of volatility happening when you spot it in the wild….and volatility equals opportunity in the world of trading. This pattern is famous for its “broadening formation” and the price action also warns of the increased risk ahead. The megaphone chart pattern provides unique entries and exits off different sides of its structure. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pro

The indicator displays the resistance/support levels based on the history data of price action. It requires a depth of history to calculate the levels. The tool has been developed using an original proprietary technique. The resistance and support levels indicate the accumulations of orders. Indicator Parameters Start Data/Time - initial date/time of the history data for calculation of levels Width of Lines Resistance/Support in Points - thickness (density) of lines in points, it is recommende

This StrongCurrency is a complete trading system based on a variety of technical indicators, moving averages and pivots. Each of those elements can be assessed in defined rules and coefficients (depending on the indicator) providing limitless optimization scenarios for the StrongCurrency. In order to work the StrongCurrency creates a trend strength and entry point signal list display by evaluating these data, that takes data from all symbols. It extrapolates all the information in order to get t

Ticks Line Chart is a professional indicator for the MetaTrader 4 platform. This indicator allows displaying a tick chart in a separate window, so that you can see price changes inside bars. Note that the Strategy Tester of the MetaTrader 4 trading platform only shows the static spread, that is why in in the tester the distance between the ASK and Bid prices will always be the same. Indicator Benefits Perfect for scalping. A unique indicator, there are no free analogues. Using the flexible ind

This indicator is constantly calculating the probability of a trend. The result of those calculations is shown in the upper left corner of the chart. It is shown in a green color text if the trend is expecting to go Up, in a red text if the trend is expending to go Down, and in a white text if "no trend" is calculated. It can show cross lines in color of your choice or you can delete those cross lines by setting Cross color to "None". This indicator can show a radar vector in color of your choic

The Strong Volume Signal indicator is an indicator designed to generate trading signals. Using a number of price movements and a set of indicator properties to generate these signals. The purpose of this indicator is to generate signals from the highest probability of trading. Easy to use, simple and understandable to the user. Visually the user can easily recognize the signals. With alert features, user signals can be reached quickly. This indicator will not be repainted. Features and Suggest

This indicator lets you easily mark the daily open levels on a chart with several possibilities of customization. For many trading strategies, the daily open level is an important level to base trading decisions on. That is why I chose to create this indicator that is designed to assist you with trading these strategies, as well as further optimizing them and getting a general understanding of the markets movements. With this tools help, you can easily take a look at the previous price action ar

The WWCS Trade Information Indicator is designed to assist you with money management and provide you with important information about a currency pair both before taking a trade and after your trade is in progress. The trade information (such as recommended lot size for a desired percentage of your account equity, the amount of money at risk, etc.) takes quite a bit of time and knowledge to calculate and, because of the speed at which prices change, is out of date as soon as you've calculated it.

This simple indicator takes information from Ichimoku Kinko Hyo to establish strong and weak currencies to pair together for ideal trending situations. It also generates buy or sell signals based on the standard deviation of returns together with currency strength. A currency is said to be strong or weak depending on where the price is in relation to two factors: if the price is above the daily kumo and above the 26 day Kijun-sen, it is said to be strong. Likewise, when trading below the daily k

The   Retracement indicator   shows the current and historical high, low and mid values. Optionally, it can also display major retracement levels. All these levels together form the significant levels of support and resistance. Therefore, it is essential to know them for every kind of trader. Levels High Low Midpoint 76,4 % 61,8 % 38,2 % 23,6 % Main features The indicator shows the actual levels of High, Low, Mid and selected retracements. Four optional retracement levels. Alert notificatio

MASi Three Screens is based on the trading strategy by Dr. Alexander Elder. This indicator is a collection of algorithms. Algorithms are based on the analysis of charts of several timeframes. You can apply any of the provided algorithms. List of versions of algorithms:     ThreeScreens v1.0 - A simple implementation, with analysis of the MACD line;     ThreeScreens v1.1 - A simple implementation, with analysis of the MACD histogram;     ThreeScreens v1.2 - Combines the first two algorithms

Adaptive MA is a simple modification of the moving averages (MAs) that allows displaying an average value line based on multiple MAs on the chart. The parameters allow you to set any number of MA periods. The number of parameters is equal to the number of moving averages applied in calculation. At first, it may seem that nothing new has been invented and there is no sense in this approach. However, this impression is deceptive. As we know, the trends have different duration. Have you ever tried

This indicator studies the price action as a combination of micro-trends. All micro-trends are analyzed and averaged. Price movement is filtered based on this averaging. IP_High and IP_Low (blue and red dashed lines) show the instantaneous price movement. They display the forecast only for the current price values, taking into account only the number of bars defined by the 'Filter level' parameter. SP_High and SP_Low (blue and red solid lines) smooth the price movements with respect to history.

Strongest and Weakest Currency Analysis This product shows the strength of the main currencies in FOREX based on average pip gain/loss in different time-frames! Depending on the strength of the currency, the indicator colors changes from blue to red also the orders may also be changed, allowing you to find the strongest and weakest currency at a glance! Advantages Whatever your trading method and strategy are, it is always important to choose the correct pairs, so this indicator will help you

The Tick Vision indicator is a convenient tool for manual scalping. The indicator plots a tick chart in real time in a separate window. It is also possible to plot 2 additional ЕМА's of the price. Period for the ЕМА is the number of ticks. The indicator does not overload the system. You set the number of ticks to be displayed by the indicator. For even greater visual control, a grid with adjustable step is set, similar to the main chart. There are also period separators (1 minute) to control the

RSI Trend is a trend indicator that interprets the current market situation based on multiple RSI indicators with different periods. Indicator Benefits Displays zones of an evident trend movement, overbought/oversold zones, as well as transition zones; Can be used in scalping strategies, as well as medium-term and long-term strategies; Has a minimum of settings; The standard line colors and selected for a comfortable operation with the black and white styles of the chart; Can be used in Expert

The Big Trend MACD indicator is an advanced model of the standard MACD indicator. It is very easy and simple to use. The main purpose of the indicator is to find great trends. With this indicator you can easily detect in small trends. This indicator can be used as two different trend finding tools for big trends and small trends. Try to use the big trends suggested, or with other suitable chart-appropriate indications. Features and Trends This indicator has period, signal, period color, signal

The extreme volume indicator helps identify turning points in the market by pinpointing spots of higher than average volume. Such points usually indicate the start of a trend or a turning point in the market. The indicator averages out volume readings over an extended period of time and calculates a volume threshold level. When this level is breached, it identifies the most likely trend direction using the trend of the candle that breached the volume threshold. The direction indicator (red or gr

The indicator is designed for binary options. It produces a sound alert, after which you should instantly enter the market. The indicator operates based on signals form RSI and CCI, as well as support and resistance levels. When the chart is in overbought and oversold zones, the indicator finds a level in this zone and notifies you using a sound and a message. Indicator Parameters dist - the number of points to generate a signal. Suitable values ​​are from 21 to 50. Filtr_SMA - the filter, use

The RSI.MACD Warden is a powerful indicator for MetaTrader 4 that uses a versatile algorithm to identify RSI, MACD, and Stochastic divergences. This indicator is designed to look back at a set number of bars and draw lines when a normal or hidden divergence is identified. The smaller the lookback period, the faster the indicator will be. The indicator can identify both normal and hidden divergences and is more accurate in identifying normal divergences. We've conducted a great number of tests t

I  recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi symbol and multi time frame indicator scans for the following candlestick patterns (please see screenshot for explanation of the patterns): Three white soldiers (reversal>continuation pattern) Three black crows (reversal>continuation pattern) Bullish and bearish Three line strike (reversal pattern) The patterns do not appear very often on higher

Introduction to Double Harmonic Volatility Indicator Use of the Fibonacci analysis for financial trading can nearly go back to 85 years from today since the birth of Elliott Wave Theory by R. N. Elliott. Until now, traders use the Fibonacci analysis to identify the patterns in the price series. Yet, we could not find any one attempted to use Fibonacci analysis for the Volatility. Harmonic Volatility Indicator was the first technical analysis applying the Fibonacci analysis to the financial Volat

Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough

Samurai Scalping Indy is indicator signal strategy trading with Heiken Ashi, Smoothed Moving Average, and Ichimoku. It'll alert signal with an audio or pop up on the chart for Entry BUY/SELL and Exit BUY/SELL alert signal. Helpful for your system trading. Its easy use to filter major trend and help for scalping strategy to follow the trend. You can ON/OFF audio alert signal on the chart, Notifications alert on mobile, Email message alert. (Setting the alert on Mobile/Email in MT4. Go to Tools >>

The Magic Histogram indicator is a universal tool, suitable for scalping and medium-term trading. This indicator uses an innovative formula and allows you to determine the direction and strength of the trend. Magic Histogram is not redrawn, so you can evaluate its efficiency using history data. It is most suitable for M5, M15, M30, H1 and H4. Version for the MetaTrader 5 terminal :  https://www.mql5.com/en/market/product/58448 Indicator Benefits Excellent indicator signals! Suitable for beginn

The ZigZag works as follows: On the left part of the chart, it finds a pivot point with the NumderOfBars parameter, which is a bottom. If the price action draws a top with the NumderOfBars parameter after this bottom, then the ZigZag draws a line from the bottom to the top. If the price action makes a new deeper Low, without forming a top, then the ZigZag extends the descending line to the new bottom. If the pivot point with the NumderOfBars parameter on the left side of the chart is a top, the

The indicator shows the High and Low levels of candles for timeframes selected in the settings. It is recommended to use it on smaller timeframes to determine the levels of higher timeframes. Parameters TYPE_LINE - type of the line (short based on the bar time, or long for the entire chart) ============= TF 1 ============= block of lines for the first timeframe TF_1 - timeframe of the first block of lines Bars_1_from=1   - Bar of the beginning of the line of the corresponding Timeframe. Bars_1

The implementation of the impulse system described by Dr. Alexander Elder. The indicator generates signals according to the following pattern: Moving average and MACD histogram increase - green bar, it is forbidden to sell; Moving average and MACD histogram have different directions - gray (or empty) bar, the ban is removed; Moving average and MACD histogram decrease - red bar, it is forbidden to buy. Indicator Parameters EMA - period of the indicator's moving average MACD Fast - period of the

Multiple RSI indicator works based on the standard RSI indicator. This indicator will display the RSI indicator from different timeframes on one screen. You will see the RSI indicator for all timeframes on one screen. This indicator saves you from constantly changing charts. At the same time you can analyze the operations of other graphs relative to each other. Features This indicator shows the RSI graph of the timeframe you are working on and the upper timeframe graphs. For example, if you ru

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

It is a simple indicator showing the moments of intersection of two Moving Averages, and it can be an indefensible tool for use in some trading systems. When the MAs intersect, the indicator draws arrows in accordance with the crossover direction and generates and alert. Indicator parameters Period Fast MA - fast Moving Average period; Period Slow MA - slow Moving Average period; Method MA - Moving Average method; Apply to - price used for MA calculation; Alert - alert; Number of history bars

The indicator operates based on a unique candlestick pattern. When the indicator generates a signal, there is a high probability of price reversal, and we can use it in trading. Indicator use strategy Market entry should be performed at the closure of the signal candlestick. Stop Loss should be set behind the signal cloud. We will have two take profits, the first one is equal to the stop loss value, 50% of lot amount should be closed at this level, and stop loss should be moved to breakeven. T

The Signal MACD product is an indicator that works with the standard MACD indicator. This indicator is designed to do signal trading using the objective MACD indicator and a set of algorithms. This indicator can be used both as an oscillator and as a signal producing product. So you can use this indicator in two goal. When the indicator finds a signal, it shows arrow marks on the oscillator. These arrows allow investors to trade. Trade Rules "Buy" action when you see a green arrow and receive

This is a Multi Time frame Pin bar alert indicator. You can use on the current time frame only or all of the time frames from the 1 minute to the monthly. When you choose all the time frames, you get alert on the current time frame your chart is open and the time frames above. There is a Pop up, email, and push notification alerts for each chosen time frame separately. The indicator place an arrow on the price chart. For bullish/Long Pin bar it is below the price line, for bearish/Short Pin bar

The indicator displays Gann lines for one day. It works only on the timeframes smaller than daily. Description of the indicator settings: Count_Bars - the number of daily bars to display the Gann lines. If set to 0, they are displayed for all the available history bars. scaleGann1 - scale for line #1 (number of points per bar) clrGann1 - color of line #1 styleGann1 - style of line #1 widthGann1 - width of line #1 scaleGann2 - scale for line #2 clrGann1 - color of line #2 styleGann2 - style of li

I recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator can identify the following 5 crosses: when a fast moving average crosses a slow moving average line. when price has reached a single moving average (closed above/below or just bounced). when a triple moving average formation has appeared (all 3 MA:s in consecutive alignment). when the MACD main line crosses t

Price Action Breakout is one of the most popular trading strategy. This Price Action Breakout indicator is designed using several indicators combined to be one strategy. It is very useful for traders that trade based on the breakout strategy. It will make it easier to identify the support and resistance levels. This Price action indicator will draw the support and resistance levels on the chart, so it will make it easier to identify the support and resistance levels. It will inform about the sup

The   Effort and Result indicator   is based on the work of Karthik Marar; a volume spread analysis trader. It compares a price change (Result) to the volume size (Effort) for a certain period.  By comparing the effort and result, we can get more information about the future price movement. Both values are normalized and converted to a scale of 0 - 100 % based on a selectable look-back period. This indicator is also known as the Effort Index. The law of effort and result The law of effort v

Future Candle One Candle is an arrow indicator of candlestick patterns, based on the calculation of historical statistics. It identifies and calculates patterns consisting of one candle. Advantages of the indicator Gives information about the next candle right now; The indicator values are based on statistical data on the history of the current instrument; Forecasts and displays the result of trading based on its signals; The colors of the indicator have been selected for a comfortable operati

Future Candle Two Candle is an arrow indicator of candlestick patterns, based on the calculation of historical statistics. It identifies and calculates patterns consisting of two candles. Advantages of the indicator Gives information about the next candle right now; The indicator values are based on statistical data on the history of the current instrument; Forecasts and displays the result of trading based on its signals; The colors of the indicator have been selected for a comfortable operat

Future Candle Three Candle is an arrow indicator of candlestick patterns, based on the calculation of historical statistics. It identifies and calculates patterns consisting of three candles. Advantages of the indicator Gives information about the next candle right now; The indicator values are based on statistical data on the history of the current instrument; Forecasts and displays the result of trading based on its signals; The colors of the indicator have been selected for a comfortable op

SRP (Strong Retracement/Reversal Points) is a powerful and unique support and resistance indicator. It displays the closest important levels which we expect the price retracement/reversal! If all level are broken from one side, it recalculates and draws new support and resistance levels, so the levels might be valid for several days depending on the market! Key Features You can use it in all time-frames smaller than daily! Displays closest significant support and resistance levels Update the l

This is the oscillator with dynamic levels based on CCI indicator. Settings: CciPeriod - averaging period for the indicator calculation. Price - applied price. AvgPeriod - averaging period for calculating the indicator smoothing. AvgMethod - averaging method for calculating the indicator smoothing. MinMaxPeriod - dynamic levels calculation period. _levelUp - upper level. _levelDown - lower level.

This is the RSI-based oscillator. Settings: Price - applied price. Possible values: PRICE_CLOSE - Close price; PRICE_OPEN - Open price; PRICE_HIGH - High price; PRICE_LOW - Low price; PRICE_MEDIAN - Median price, (high+low)/2; PRICE_TYPICAL - typical price, (high+low+close)/3; PRICE_WEIGHTED - weighted Close price, (high+low+close+close)/4. RSI_PERIOD - averaging period for calculating the index. K - dynamics ratio. Mode - averaging method. Possible values: SMA - simple; SMMA - smoothed.

A combination of trend, pullback, range breakouts and statistics in one indicator Mainly functions as an Entry indicator. Works in any pair and timeframe. Suggested Combination Cluster Helix with Strength Meter Strategy: Confirm signals with ideal strength levels Watch Video: (Click Here) Features Detects range breakouts on pullback zones in the direction of the trend Analyzes statistics of maximum profits and calculates possible targets for the next signal Flexible tool, can be used in many

MA on Fractals is a professional trend-following indicator for MetaTrader 4 . It builds a moving average using Bill Williams' fractals. We believe that MA on Fractals is much more efficient than a standard moving average. Its combination with other indicators allows receiving more accurate trading signals. It is most suitable for M15, M30, H1 and H4. Advantages Unique indicator. Generates minimum false signals. Suitable for beginners and experienced traders. Simple and easy indicator configur

This is an unconventional version of the Heiken Ashi Smoothed indicator implemented as lines rather than a histogram. Unlike a usual histogram, the indicator draws the readings of the two moving averages in the form of colored lines. Example If the candle crosses two indicator lines upwards, a trend is assumed to be changing from bearish to bullish. If the candle crosses two indicator lines downwards, a trend is assumed to be changing from bullish to bearish. The indicator is good at displayin

The Keltner Channel indicator represents a channel along the moving average , with the width defined by calculating the average true range on the period of the moving average. This indicator can be applied for receiving signals, as well as a substitute for the Moving Average Envelopes indicator. Its advantage is the increased quality of channel width auto selection, which can be adjusted using the Size of channel in percent parameter. Indicator Parameters Period of indicator - calculation peri

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

This oscillator has become one of the main tools of most professional traders. The indicator includes a classical MACD ( Moving Average Convergence/Divergence ) line, a signal line, as well as a MACD histogram. Exponential moving averages are used in the calculation. The indicator also provides the ability to enable signals on identification of divergences between the price graph and the indicator. Divergences are identified using three patterns: classic, hidden and extended divergences. Indic

Pivot trend indicator is a trend indicator that uses standard pivot calculation and some indicators. The purpose of the indicator is to calculate the possible trends using the pivot point. And to give the user an idea about trend direction. You can use this display as a trend indicator. Or with other indicators suitable for your strategy. Features The green bar represents the upward trend. The red bar represents the downward trend. The blue pivot point represents the upward trend. The yellow p

The implementation of the impulse system described by Dr. Alexander Elder. The indicator colors the bars according to the following pattern: Moving average and MACD histogram increase - green bar, it is forbidden to sell; Moving average and MACD histogram have different directions - blue bar, the ban is removed; Moving average and MACD histogram decrease - red bar, it is forbidden to buy. Indicator Parameters EMA - period of the indicator's moving average MACD Fast - period of the fast moving

Geo_Info is one of the most informative indicators displaying net levels as well as basic data on a symbol and trading positions in a space-saving manner. displays brief data on the basic symbol parameters in the upper left corner of the chart: Swap for Buy order, swap for Sell order, current spread, margin, tick size, stop level, order freeze level . The data is shown for one lot in points. The data is displayed as follows: SWAP B:4.200 /S:-8.470 /SPR:342 /MRG:256.0/TCV:0.10/STL:0/FRL The data

MACD ColorBars paints bar frames according to a trend, as well as changes the histogram color when MACD bars are rising or falling (if Color Bars is enabled in the inputs window). The growth of bars indicates a divergence between the fast and slow moving averages, while the decrease indicates their convergence. Parameters Fast Moving Average - period of the fast moving average; Slow Moving Average - period of the slow moving average; MA method - moving average smoothing method (simple, expone

Eureka OpgtsFx is a Custom Indicator created to alert the trader when there is a cut-across trend correlations from Daily (D1) to Monthly (MN) Time frames with the belief that the major trend dominates the market and also save the traders from being eaten for breakfast by the big dogs in the financial industry. This indicator is suitable for both the Swing and the Long term Traders due to their peculiar styles of trading and waiting for days, weeks or probably months before taking their profits

The EMA Trend indicator is a trend indicator using two moving averages. These two moving average is the main trend indicator with 89 EMA. 89 EMA is generally regarded as a trend in the Forex market. The second moving average is 49 EMA. A trend was created using two moving averages. You can use this display alone as a trend indicator. Or with other indicators suitable for your strategy. This indicator sends a warning every new trend starts. Features You can select and edit the periods. Time fra

Range bands works the same way as Bollinger bands except that they are self adapting, with range trading in mind. Unless you are familiar with Bollinger bands, it is a standard deviation indicator that is based around the concept that when price deviates to quickly from the average, it's going to encounter resistance. This is true for all period settings, since standard deviation 2 or 3 is an extreme on any data. This indicator automatically chooses the period that is currently most suitable for

Super Trend Bars is a trend finding indicator. It tries to find the trends that are most likely to trend. A set of indicators and a set of algorithms. Trend probability changes color when it finds a high trend. The red color represents the declining trend. The lime color represents the upward trend. Super Trend Bar changes color when it finds a trend. Features This indicator is a trend indicator by itself. It can operate without the need for additional indicators. When you see the first lime c

The super oscillator trading system is a trend finding tool. This system consists of a few indicators and a few algorithms. The aim of this indicator is to direct the investor to find healthy trends. Trade Rules This indicator has two channel lines. These channels are red lines below zero and above zero. There is a line in two places to process. These are blue lines. There is one trend line, the yellow line. Up trend rules Rule 1 - the yellow trend line should close below the red line below th

Features This indicator determines consecutive bullish and bearish bars; Determines the High and Low for the last N bars (N can be changed in the settings); It shows the Buy and Sell signals based on the values of other indicators, such as Bollinger Bands, Stochastic and MACD; It graphically displays from 4 to 12 consecutive bullish and bearish bars with an alert; It is possible to disable the alert and unnecessary graphical elements; It is also possible to adjust the number of bars in history,

The trend beads indicator is software that does not include trend indicators such as moving average, Bollinger bands. This indicator works entirely with price and bar movements. The purpose of the indicator is to calculate the most likely trends. To assist the user in determining trend trends. The user determines the trend direction with the colors on the screen. You can use this indicator alone as a trend indicator. Or with other indicators suitable for your strategy. Trade Rules Rising trend

The YFX Symbol Watermark indicator is used to display a watermark on your chart, which makes it easy to see at a glance the symbol information for any chart. The displayed information includes: Symbol Name and Timeframe on the chart Description of the currencies Tag line, which can contain any user-defined information All the information can be displayed on the chart so that it can be easily read. The indicator also has parameters that can be set to customize which information is displayed. Para

Golden Monowave is monowave indicator, the monowave theory is one of Elliott wave approach and one of most complicate and accurate method. Golden Monowave can shortcut many major steps to identify and describe the monowave. It works on any timeframe and with any trading instrument, including currencies, indices, futures, etc. Input Parameters initial_Bars - set the initial number of bars to calculate. wave_color - select the color of the wave. label_color - select the color of labels. temp_lab

The PriceAction_Helper indicator automatically recognizes Japanese candlestick patterns on charts. The indicator marks the location of a candle pattern and indicates the most likely price direction based on that pattern. Who can use the indicator If you are a novice in trading Japanese candlesticks, PriceAction_Helper will help you detect patterns, demonstrate how they work and enable you to memorize candle pattern types and names. If you are an experienced trader familiar with Price Action, t

You can read about the MACD indicator at this link Software description This indicator can display 1 or 2 MACD indicator on different time frames and settings. There is a FREE version that uses EMA for calculation. This Pro version use all 4 Moving average type for calculation: Simple, exponential, smoothed and linear weighted. The active indicators can give pop up, sound, push or e-mail alert. The free version alert on zero-level-cross only, this Pro version alert can be set to zero level cro

This simple indicator helps defining the most probable trend direction, its duration and intensity, as well as estimate the possible range of price fluctuations. You can see at a glance, at which direction the price is moving, how long the trend lasts and how powerful it is. All this makes the indicator an easy-to-use trend trading system both for novice and experienced traders. Parameters Period - averaging period for the indicator calculation. Deviation - indicator deviation. Lag - calculat