Technical Indicators for MetaTrader 4 - 34

The panel shows 6 indicators and their signals for all timeframes. You can enable or disable various signals, entire timeframes, and individual indicators. if the alert button is pressed and all signals match, the indicator sends a message to the alert window. You can disable and enable both individual signals and the entire indicator for all timeframes, or disable individual timeframes for all indicators

The "Pyramids trend line" is a trading and a Filtering tool too, it is based on a combination of important indicators in one tool. We programmed a dashboard that helps you know the current direction for each time frame, to avoid wasting time searching for it. We also put a percentage of the trend to know its current strength (using all time frames). The advantages of this indicator: It is easy to know the trend in all time frame. It is easy to know the strength of the trend. It gives you th

RaysFX Market Trend Histogram Il RaysFX Market Trend Histogram è un indicatore personalizzato per la piattaforma di trading MetaTrader 4. Utilizza il Commodity Channel Index (CCI) per identificare le tendenze del mercato e visualizza queste informazioni in un istogramma intuitivo. Caratteristiche principali: Identificazione delle tendenze:   L’indicatore calcola il CCI per ogni periodo di tempo e lo utilizza per determinare se il mercato è in una tendenza al rialzo o al ribasso. Visualizzazione

Daily Average Retracement Dashboard is an indicator that allows you to monitor multiple currency pairs at one time. This indicator is mainly for strategies that trade price retracement based on Resistance 3/4 or Support 3/4. After applying this indicator to the chart window, it will hide the chart and display the currency pairs in a table form. There are several data shown on the table that will help trader know when to analyze the currency and do trade using retracement. The indicator will only

The C ycleTraderPro Close Strength Value Indicator measures the distance from the OPEN of a new bar to the CLOSE of that bar. Input - length = 10 default We add these values together going back the the length setting. If the 1st bar was plus 10 ticks and then the next bar was minus 7 ticks, then this would register +3 There are 2 ways to trade Close Strength Value: 1. Trading in the direction of lower highs and lower lows and vice versa for buys, higher highs, and higher lows.  2. Trade when th

The Indicator automatically draws trend lines ( Support & Resistance Lines) when attached to any opened chart with any time frame. Button controls with on(green)/off(red) are provided to display the Support & Resistance lines of short, medium, long, very long, v.v.long trends. For ex: to display only short, long term trend lines, make sure that the short and long buttons are in green color and the remaining 3 buttons in red color. This free version works only with EURJPY pair. Please buy paid ve

Highly configurable Volume 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) Parameters: Volume Timeframe: You can set the lower/higher timeframes for Volume. Volume Bar Shift: you can set the offset of th

Multi Timeframe Indicator includes a lot of functions and can be considered as a universal helper for a trader. It's main objective is to display up to 10 indicators at a time using just one small brick per each of them. These indicators involve Awesome Oscillator, CCI, DeMarker, MACD, RSI, RVI, Stochastic, Larry Williams' Percent Range, Bulls Power and Bears Power. An important function of the indicator is an ability to monitor signals from different timeframes. You can choose different combina

This scanner is monitoring the entire market for trade opportunities for all symbols and for all   time frames. You don't have to look to all the charts, for all symbols and for all time frames. This scanner will alert you on your computer, or on your mobile, when a trade opportunity has been found.  You never have to miss a trade opportunity!   This indicator is designed to scan all pairs and symbols, for all time frames, to find a cross of the MACD main and signal line.   MACD Definition The

This classic "old school" MAGIC MACD indicator gives you the cross of the parameters you set. Standart setting is (12,26,9) . The arrows give you a possible change of trend. Be careful and do not use this indicator as a single signal source. FREE version  Please feel free to check out our other REX indicator series. We do have other free indicators.     "OLD BUT GOLD"

The ICT Concepts indicator regroups core concepts highlighted by trader and educator "The Inner Circle Trader" (ICT) into an all-in-one toolkit. Features include Market Structure (MSS & BOS), Order Blocks, Imbalances, Buyside/Sellside Liquidity, Displacements, ICT Killzones, and New Week/Day Opening Gaps. It’s one kind of Smart money concepts.   USAGE:   Please read this   document  !      DETAILS Market Structure Market structure labels are constructed from price breaking a prior extreme

Multi Trend Buy Sell Signal WITH TREND DASHBOARD The indicator Generates Entry Signals WITH ALERTS based on the combination of Multi Time Frame conditions of 1 set of moving average and 2 sets of MACD . The importance of the 2 sets of MACD is for using it as a confirmation filter so that the trades generated are those with stronger movement.  For example, if in a sideways market the MACD of M5 charts is showing a downtrend but the higher time frame of the M 15 charts is indicating an uptren

The indicator finds candlestick patterns based on Gregory L.' Morris "Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures". If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 5 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT5 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hammer / Shooting Star (with or without con

Check the Trend Power This indicator is designed to identify the POWER of trend. This is NOT define bullish or bearish trend. It is quite easy to look at the power when the indicator line turns Green the trend are strong when the indicator line turns Red the trend are Weak   strategy for trade is : Open possition only when the power go Green Exit possition when the power change to Red

O indicador é uma ferramenta desenvolvida para o MetaTrader, projetada para auxiliar na análise detalhada do comportamento do preço em relação a uma média móvel específica. Ao ser anexado ao timeframe diário, o ele realiza cálculos e monitora, em timeframes menores, quantas vezes o preço toca determinados níveis de afastamento durante o dias além de calcular a média dos toques. MT5:  https://www.mql5.com/pt/market/product/111710

Introduction and Description The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. Since its introduction, the indicator has grown in popularity and is now a very common tool for traders in identifying cyclical trends not only in commodities but also equities and currencies. The CCI can be adjusted to the timeframe of the market traded on by changing the averaging period.  CCI indicator with different colors at levels 0, 100 and -100. The cross is a

The indicator marks the points on the chart where the standard ZigZag indicator has drawn its top or bottom. With this indicator, you can easily understand where the top or bottom was formed, and where it was redrawn. The indicator gives an alert when a new point appears. Warning! Parameter  Applied Price   -   expands the possibilities of building the indicator.   It is possible to build at OPEN, CLOSE and standard HIGH/LOW prices. Input parameters ----------- Depth   - period of the ZigZag ind

This scanner is monitoring the entire market for Ichimoku trade opportunities for all symbols and for all time frames. You don't have to look to all the charts, for all symbols and for all time frames. This scanner will alert you on your computer, or on your mobile, when a trade opportunity has been found.  You never have to miss a trade opportunity!   This indicator is designed to scan all pairs and symbols, for all selected time frames, to find a Tenkan and Kijun Cross or a breakout of the Ich

Current Pips and Money Profit This indicator displays the results of the currently open position on the graph. Result in pips and in the invoice currency. Thanks to this, you can enlarge the chart to the entire screen and have control over the result of trading without opening a terminal window which takes a space of a screen. The display positions of this data can be adjusted at the user's discretion and colors also.

EZT Bollinger Trendline Indicator based on multiple settings of Bollinger Band. In the menu you can choose the similar settings than bollinger band indicator. Trend period and trend deviations. Also paint and arrow on chart when direction change. Three different kind of alert , such as pop up, e-mail and push notification. Try different settings on different timeframes. Please help my work and rate and comment my products!

The indicator detects the direction of the trend and colours the candles on the chart accordingly. Allows you to enter the trade at the beginning of the movement The easiest way to set up the indicator Can be used on any currency pairs, metals and cryptocurrencies, as well as when working with binary options Distinctive features Shows the trend direction Does not re-draw Easy and accurate adjustment; Works on all timeframes and all symbols; Suitable for trading currencies, metals, optio

Here is the most unpretentious indicator to use, but one of the most useful. It signals the near reversal of the growing volatility. It is volatility that gives income to the trader. The indicator is especially useful for those who do not want to wait for the right moment in front of the monitor. The indicator is installed on the charts M15 and M30. According to the observations on these timeframes, it best fixes the approach of wide price waves. Well-established on the USDZAR currency pair (Att

SYMBOL POWER based on inputted 5 time frames and Compared to 20 Other Symbols !! Great Indicator YOU DON'T HAVE TO SHIFT ON ALL TIME FRAMES FOR EACH CURRENCY PAIR TO CONCLUDE ITS TREND AND ITS POWER YOU HAVE IT ALL IN ONE TABLE , 20 CURRENCY PAIR WITH 5 TIME FRAMES ALSO , COMPARE BETWEEN CURRENCIES STRENGTH AND ALERTS THE STRONGER /WEAKER PAIR BASED ON 5 TIMEFRAMES CALCULATIONS ALEERTS enable /disable using 5 time frames M5 M30 H1 H4 and D1   ( latest version You SELECT you own 5 timeframes from

Сonsolidation box indicator with possibility of flexible settings according to the traiders requipments. Also, it is possible to embed indicatior in EA. Thank Alexey Mavrin for realization of technical task. According to the classic technical analysis the price is in motion without a clear direction for almost 70% of the market time and methods of getting profit from flat should be in the arsenal of any trader. Price consolidation- are periods of market equilibrium when supply and demand are app

Buy a Coffee for Yuniesky Carralero Cuellar This indicator draws: TX - The max price since the last cross down, between M20 and M200, and the previous up cross BX - The min price since the last up crossover, between M20 and M200, and the previous down crossover You will need to use the A4_D template that shows 1. Simple Moving Average 20 2. Simple Moving Average 200 3. Period Separators 4. ASK line Support I will be happy to hear your recommendations to improve this product.

Never aginst the trend   This is a really top indicator indicating the main trend in a clear and easy way. I reccomend you to use it on multiple timeframe in  order to create a powerful view and strategy. It works on every market in the same way.  If you trade against the trend you will work more for less, so stick with the trend.  I hope you will find it useful. All the best with your trading! Keep it simple stupid, is the way! Added: - Sound Notification - PopUp Notification - Mobile Push Noti

Set TP and SL like Financial Institutions Traders' TP expectations do not often occur and their SL often hits when they only rely on primitive indicators like pivot-points and Fibonacci or classic support or resistance areas. There are a variety of indicators for support/resistance levels, whereas they are seldom accurate enough. Classical support/resistance indicators, often present miss levels and are not noteworthy based on current market volatility dynamic. Fibonacci is good but not enou

The principle of the indicator.                             The Asummetry  indicator allows you to predict the beginning of a change in the direction of trends, long before their visual appearance on the price chart.               The author statistically revealed that before changing the direction of the trend, the probability distribution function of the price is made as asymmetric as possible. More precisely, the price movement in any direction always pulls sideways the function of its dis

REVERSAL FINZEN LEVELS More than a regular indicator is a complete system with Entry levels, Stoploss, AND TakeProfits Levels.  This System indicator is Based on Our Private Strategy that has been using During A while with our Private FUNDS, this indicator can be used in stocks, FOREX CFD but mainly use with amazing results in FOREX Markets. This indicator will detect in some specific levels when market reversal so you try to sell when market is OVERBOUGHT and Sell when market is OVERSOLD wit

This is an alert for when price is above the 200 ema, macd is below its zero line and the slow ma crosses above the fast ma and vice versa for sells. It has been tested 100 times as seen on youtube and has a 65% win rate on the 30 minute time frame. I've attached a video to explain how to use it. Under the vuideo is a link to Trading Rush video where he tests the strategy 100 times on 30 minute. (1) INDICATOR PARAMETERS MA Period .             Default is 200 MA Type .                Defaul

Shadow Height mt4   Shadow indicator. Displays the size of candlestick shadows, in points, as a histogram. Works in three modes, user-selectable. Description of indicator settings Mode - indicator operation modes, three modes: first height - display mode for upper and lower candlestick shadows; the second difference - the mode of displaying the difference in candlestick shadows, the difference between the upper and lower candlestick shadows; the third superiority is the accumulated difference i

The ZhiBiJuJi indicator analysis system uses a powerful internal loop to call its own external indicators, and then calls the analysis before and after the cycle. The data calculation of this indicator analysis system is very complicated (calling before and after the cycle), so the hysteresis of the signal is reduced, and the accuracy of the advance prediction is achieved. This indicator can be used in all cycles on MT4, and is most suitable for 15 minutes, 30 minutes, 1 hour, 4 hours. Buy:    

The Sentiment Ratio indicator gauges current Market Sentiment between -100% and 100%, where lower than -40% is considered Bearish and higher than 40% is Bullish. The channel between the two is considered Neutral. The indicator has been a very useful filter tool for signals within a trading system. Example call function:  int SentimentIndicator(double triggerLevel)//Return sentiment if trigger level is activated {   double sentimentRatio=iCustom(NULL,0,"Sentiment Ratio",0,0,0);   if(sentimentRa

CCI Trend Finder indicator with different colors at levels 0, 100 and -100. The cross is a signal for "123 Exit" as presented by MPlay and used in Woodies CCI system. This exit signal is effective especially in short-term breakout trades, because it prevents early exiting at small corrections.  This indicator is great for having it as an extra tool for your analysis.

The indicator displays the signals of the RSX oscillator in a separate window.  The indicator's signals are best used as signals for opening a deal when the price breaks the high or low of the bar on which the signal was given. The opposite signal cancels the previous signal. Settings: Data period for indicator calculation - data period for indicator calculation; Data period to display the indicator - data period to display the indicator; Price used to calculate the indicator - price used to cal

Description: This Free Indicator will allow you to monitor the Max/Min spread in a bar/candle. By running it 24h/24h will allow you to recognize which period of time having maximum spread, based on that you will understand the market more, and could develop/improve to have better trading strategy. Parameters: limit: <specify the limit of spread, above which the indicator will mark the price, at which high spread occurs> Note: Beside the price marked due to high spread above, the indicator

The most crucial price level in any "Volume Profile" is the "Point of Control" . Is the price level with the highest traded volume. And mainly, is the level where the big guys start there their positions, so it's an accumulation/distribution level for smart money. The idea of the indicator arose after the "MR Volume Profile Rectangles" indicator was made. When creating the "MR Volume Profile Rectangles" indicator, we spent a lot of time comparing the volumes with those from the volume profil

Multi-Asset Forex Scanner This indicator allows you to scan multiple assets at once, sending you configurable alerts when any asset touches daily pivot levels 1, 2 or 3. The original code was just modified to send alerts to MT4 Desktop, MT4 Mobile or Email. (Credits for the original code go to Carlos Oliveira) In order to receive mobile or Email alerts you must configure Notifications and Email sections in the MT4 platform. In addition to pivots, this indicator also shows ATR, Volume,

The indicator is based on the concept of price channels, which are formed by plotting the highest high and lowest low prices over a specified period of time. The Donchian Channel Indicator consists of three lines: an upper channel line, a lower channel line, and a middle channel line. The upper channel line represents the highest high over a specified period, while the lower channel line represents the lowest low. The middle channel line is the average of the two and can be used as a reference f

Ichimoku Signals Scanner This is the Demo version, please download Full version  here. Find Ichimoku signals as easy as you can. Ichimoku is one of the most powerful trends recognition indicators. And it has valid signals for the trades. This indicator scans several symbols and time-frames by the Ichimoku to find all the signals that you want and show in a dashboard. It's easy to use, just drag it onto the chart. It's better to add  Ichimoku indicator  to chart before adding this indicator. Ichi

Spread Monitoring is a unique product for analyzing a spread. Unlike most similar indicators, Spread Monitoring uses ticks rather than bars allowing you to detect abnormal spread expansions. Features Works on ticks rather than bars. Simple and easy indicator configuration. Works on all timeframes. Works on any financial instrument. No repainting. Parameters Total - number of displayed ticks. clrSpread - indicator line color.

What is a tool ? This indicator use for forecast direction of the 28 pairs, Calculates from multiple pairs and timeframes and present by percentage as 70-79% , 80-89% , 90-100% is a little, medium and strong trend. How to use Place the indicator on any pair and any timeframe. Pair   : Any Timeframe   : Any Input Parameter No Visit my products Target Profit Magic Target Profit All The Profit Tracker Currency Scoring Pair Direction

The indicator displays the size of the spread for the current instrument on the chart. Very flexible in settings. It is possible to set the maximum value of the spread, upon exceeding which, the color of the spread label will change, and a signal will sound (if enabled in the settings). The indicator will be very convenient for people who trade on the news. You will never enter a trade with a large spread, as the indicator will notify you of this both visually and soundly. Input parameters: Aler

This indicator is Demo version of FiboRec and works only on EURUSD This indicator depends on Fibonacci lines but there are secret lines I used. By using FiboRec indicator you will be able to know a lot of important information in the market such as: Features You can avoid entry during market turbulence. You can enter orders in general trend only. You will know if the trend is strong or weak. Signal Types and Frame used You can use this indicator just on H1 frame. Enter buy order in case Cand

Hello all. This indicator helps you  to open a trade, when break out occurred, also you can add to your position and ride it if trend continued. I use it on 1-5 min chart, as you can use short stop loss. Also profit target should be small as well. It is better to enter few small position, so you can book some profit early and ride the rest for bigger gains. Look at the past to have a plan. Enjoy. 

This simple information indicator shows the name of the current day and past working days, months and years. On the concept of time and timeframe It is common knowledge that a timeframe is a time interval considered in technical analysis of free financial markets, during which the price and other market data changes occur when the price charts are plotted. In the MetaTrader 4 trading terminal, these periods are separated by vertical dashed line, which can be enabled or disabled by simply press

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

I create this this Free Indicator to help you to plot your BUY / SELL Average and BEP level in your chart. Just drag to your chart, and you can see the level and plan better to your trade. It's usefull if you have averaging position or even hedging position, so you can plan your trade better and no need to calculate manually again. Use it for free, and please leave comment if you feel this usefull.

This indicator displays the historical spread values on the chart. This is an extremely useful tool for watching the spread rise and fall, allowing you to enter the market at just the right time. This indicator will help you stay out of the market when the spread begins to rise and help you get into the market as the spread begins to fall again. ON SALE FOR FREE, GET IT FREE FOR A LIMITED TIME ONLY

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

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

Relative Strength Index Cross [RSI Cross] A combination of 2 RSI to create a crossover trading setup 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 price line filter fast RSI period slow RSI   period RSI price method price upper level price lower level You can find the best setting for 4 hour EURUSD on  this video

Индикатор пригодится тем, кто использует кластеры Фибоначчи в торговле и применяет построения с разными наборами уровней. Каждый набор уровней применителен как к уровням Retracement , так и к Expansion (выбирается в настройках). Уровни задаются перечислением в формате "0;50;61.8;100". Настройки индикатора: Fibonacci #1 – Набор уровней #1 Fibonacci – Тип уровней : Retracement или Expansion Levels – Набор уровней в формате "0;23.6;38.2;50;61.8;100" Color line – Цвет линии Style line – Стиль линии

TIRED OF HAVING TO CALCULATE THE LOTSIZE EVERY TIME? This indicator will do it for you, WHATEVER ASSET YOU CHOOSE in  10 seconds !!! INSTRUCTIONS The things to do in order to activate this indicator will take around 10 seconds once you understand how to use this indicator properly. Here are the steps to follow: Place the indicator on the chart of the asset you want to trade on. Go to " Inputs ". Enter where you want to set the stop loss .  Choose risk in $ . You can also

This indicator is designed to detect the best divergences between price/MACD and price/RSI. MACD and RSI produce by far the best divergence signals therefore this indicator focus on those two divergences. This is the FREE version of the indicator: https://www.mql5.com/en/market/product/28375 Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 The free version works only on EURUSD and GBPUSD! This indicator scans for you

Highly configurable MFI 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: MFI Timeframe:  You can set the current or a higher timeframes for MFI. MFI Bar Shift:   you can set th

It's a simple but useful tool for creating a grid based on Envelopes. Only 2 parameters can be set: 1) "Period" - the period of all visible Envelopes (i.e. 4) and 1 Moving Average (Envelopes axis), 2) "Deviations Distance" - the distance between Envelopes. Naturally, the colors of all 9 lines can be changed as desired. It works with everything that is available in your Market Watch. Good luck!

Tool for candle information. It allows to show the user information related to the candle when hovering the mouse over it. It has a simple interface. The user can modify its style by changing the colors in the input parameters. Show data like: Candle date and time Open price  of candle  Close price of candle Highest candle price Lowest candle price Candle volume

The indicator measures volumes on different charts and instruments. Its main advantage is the ability to compare separate brokers. The less Middle Volume and Tick / Second , the more reliable is the broker. There is a comment in the upper left corner Comment data: Tick/Second — number of ticks per second for a selected instrument Middle Volume — average volumes in the penultimate bar This indicator allows tracking a relative market activity for different timeframes. If the volumes are lower than

Just INDY is a simple, and easy to use trend and reversal indicator. It will continuously monitor the movement of the price actions searching for new trends establishing or strong reversals at extreme overbought, and oversold levels. Parameters Signal Perios Sent Notification Please Test it with Strategy Tester and see how it work. Happy Trading...

We offer indicators that will meet your needs more.     >>   MT Sideway Filter   << MT Focus Session : It is an indicator used to look at the session time of interest by focusing only on the market opening to closing time only.  It is recommended to set Open session LONDON and End session USA, because it was a time graphs tend to have very high volume. TRADE: Forex TIME FRAME:  M5 M15 M30 H1 SYMBOL PAIR: All Symbol SETTINGS: FOCUS SESSION Open Session Time: Start time of t

This indicator scans the Moving Average values for 2 Moving Averages on multiple pairs and multiple timeframes in realtime and displays a Buy signal when the fast MA is above the slow MA and a Sell signal when the fast MA is below the slow MA.  -All the MA parameters(Period, Method and Applied price) can be changed from the inputs window. -You can either add your own list of pairs to scan or set the scanner to automatically use the pairs in the market watch using the Symbols Source input.

Идея индикатора очень проста и скорее всего пригодится тем, кто используют линейный график для технического анализа. Что-бы устранить "неровности" (-: линейного графика и был написан этот индикатор. Линия графика соединяет цены закрытия свечей, как и в классическом линейном графике, но игнорирует цены, которые шли в направлении линии и новый экстремум возникает только тогда, когда цена закрытия последней свечи явно ниже или выше предыдущего значения. Это облегчает визуальное восприятие при поиск

The indicator is a complex of MACD and OsMA, built according to the complex of several popular oscillators. This combination allows you to get the best out of both types of indicators. On the one hand, a quick response to changes in the market environment, on the other hand, effective market following and noise filtering. The indicator values ​​on a fully formed candle are not redrawn.

Volume Cross Over is an indicator that measure positive and negative volume flow in a financial instrument, such as a stock, commodity, or index. It is base on the idea of On-Balance Volume developed by  Joseph Granville. However instead of trending lines, this indicator shows volume cross over.  When  the closing price of an asset is higher than the previous  closing price, then the Bull volume is greater  than zero and Bear volume is negative. It suggests that buying volume is dominating, a

This indicator was modified according to the 'Way Of The Turtle'. It generates a channel based on the opening price and ATR values of the current bar. Turtle ATR Channel can be used to help identify overbought and oversold conditions in a market. Calculation upper channel = Open + r1*ATR lower channel = Open - r2*ATR Among them: Open is the opening price of the current bar. ATR is the ATR value of the current bar. r1, r2 are the ATR ratios. Input Parameters ATR Period - set the period of the

I created this simple indicator while I was learning about Rob Smith's TheStrat and find it so helpful, I thought I would share it with you. If you find it useful, please look at the other indicators I have published on MQL5. The indicator simply draws a single line on the chart showing the price level you select from a higher timeframe. Using the settings you have full control over the timeframe it displays but b y default, it calculates the higher timeframe itself, just moving up the scale by

The indicator marks the volatile areas of price movement on the chart according to the specified settings. Settings TrendPips - filter value in points TrendBars - filter value in the amount of bars signal_shift - shift relative to the current bar by the specified number of periods back, for signals CountBars - the number of bars to display the indicator Color_1 - one of the rectangle alternation colors Color_2 - the second color of the rectangles Alerts - show a dialog box containing custom da

Double Price Channel   Price channel indicator for a certain number of bars specified in the settings. Indicator lines represent dynamic support or resistance levels. The upper limit is the price maximum for a certain number of periods, the lower one is the minimum. Unlike moving averages, which are based on close prices, the indicator is not “distracted” by small fluctuations. It will be recalculated only if the boundaries change. If the latter happens, then it is worth seriously thinking abou

This indicator is designed to detect the best of all candlestick reversal patterns: Three Line Strike . According to the bestselling author and candlestick guru Thomas Bullkowski, this pattern has a winning percentage between 65% and 84% . This FREE Version of the Scanner scans only EURUSD and GBPUSD. The full version of the scanner can be found here: Three Line Strike Scanner 30 Instruments This indicator scans for you up to 30 instruments (forex, indices or commodities) on up to 8 timeframes.