Technical Indicators for MetaTrader 4 - 57

The indicator displays Renko bars on the chart, plots a channel based on that data and generates buy/sell signals. Renko is a non-trivial price display method, in which a bar within a time interval is shown on the chart only if the price has moved a certain number of points. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. The channel is defined as the upper and lower boundaries of the price movement over the specified per

This is a colored multi-timeframe liner regression indicator. It is used for the analysis of price movements and market mood. The market mood is judged by the slope of the linear regression and price being below or above this line. Purpose The indicator can be used for manual or automated trading within an Expert Advisor. Values of indicator buffer of the double type can be used for automated trading: Regression line of M1 period - buffer 0. Regression line of M5 period - buffer 1. Regression

Trend Compound is a trend indicator using a mix of 3 internal other indicators. Please have a look at "how to test in the tester" at the bottom of this page before to test. It's designed to be used by anyone, even the complete newbie in trading can use it. Trend Compound does not repaint . Indications are given from close to close. Trend Compound can be used alone , no other indicators are required. Trend Compound indicates Where to open your trades. When to close them. The potential quantity

Risk Reward indicator is a very useful tool that allows you to observe in real time the performance risk of a trade. Its use is very simple, just drag it into the chart and see the Risk Reward percentage (for ex: 1:2). We have also included the possibility of extending/reducing the lines in order to observe the important price levels. You can change your levels clicking directly on lines and dragging the level to a new position. The levels will be set very fast with only a click. The indicator k

The indicator calculates and displays Renko bars using Bollinger Bands and Parabolic SAR data as well as provides buy/sell signals. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. The buy signal is generated when the average line of Bands is directed

The indicator can help traders to assess in advance the number of Lots, Balance and Equity, if the price deviates from the current levels. The indicator will be useful for those who trade using grid strategies or Martingale. Features The indicator belongs to the category of risk management . It will be useful for the traders who usually have a lot of open orders on one instrument. The indicator helps to assess in advance the account change that would happen in case of possible price change fro

The Averaging indicator is designed for traders who trade using averaging techniques or from time to time need to exit a floating loss resulting from erroneous trades by averaging trade results. Averaging of results means closing trades by TakeProfit calculated by the indicator. The indicator takes into account the volume of opened positions! When the number or volume of trades is increased or reduced, the TakeProfit level is automatically recalculated! The recommended TakeProfit level is displa

The Open Line indicator is a simple indicator that tracks the opening levels of more time sessions. This version allows the user to check the opening levels using different time time frames. It is possible to add on the same chart different Open Lines to have more important horizontal levels. The colors and lines are fully customizable also for the label text. A simple indicator but very powerful to give you a proper orientation for your trading. Input Values TimeFrame (to show the open price

Market Hour Indicator is one the most useful indicators for the traders who trade in different markets. The indicator highlights the area in the chart during which a particular market is open. It operates on four different markets i.e. New York Stock Exchange, Australian Stock Exchange, Tokyo Stock Exchange and London Stock Exchange. The indicator is intended for use on M1, M5, M15, M30 and H1 time frames only. Input Parameters NYSEMarket: Enable/Disable for NYSE market NYSEMarketOpeningTime:

This is the linear regression indicator for basic indicators included in the standard package of the MetaTrader 4 terminal. It is used for the analysis of price movements and market mood. The market mood is judged by the slope of the linear regression and price being below or above this line. Regression line breakthrough by the indicator line may serve as a market entry signal. There is possibility of setting the color for bullish and bearish sentiments of the basic indicators as well as plottin

Multi-currency indicator, analyzes 56 currency pairs simultaneously. It is important that all currency pairs are selected in the market watch with their history data downloaded. The indicator shows a rise or fall of a certain currency against the other 7 currencies as a total in the form of a line. The indicator values are expressed as a percentage. Description of the indicator settings Type_Calculation - three options for calculating the percentage of the currency rise or fall Prefix - used w

Multi-currency indicator, analyzes 56 currency pairs simultaneously: AUD EUR GBP NZD CAD CHF JPY USD AUD SUMM EURAUD GBPAUD AUDNZD AUDCAD AUDCHF AUDJPY AUDUSD EUR EURAUD SUMM EURGBP EURNZD EURCAD EURCHF EURJPY EURUSD GBP GBPAUD EURGBP SUMM GBPNZD GBPCAD GBPCHF GBPJPY GBPUSD NZD AUDNZD EURNZD GBPNZD SUMM NZDCAD NZDCHF NZDJPY NZDUSD CAD AUDCAD EURCAD GBPCAD NZDCAD SUMM CADCHF CADJPY USDCAD CHF AUDCHF EURCHF GBPCHF NZDCHF CADCHF SUMM CHFJPY USDCHF JPY AUDJPY EURJPY GBPJPY NZDJPY CADJPY CHFJPY SUM

The Hedging indicator is a trading tool, allowing to exit a floating loss that results from erroneous trades by using hedging of trade results. This tool also allows you to solve the problem of negative locking. Hedging of trade results means their simultaneous closing TakeProfit and Stop Loss calculated by the indicator. The indicator takes into account the volume of opened positions! When the number or volume of trades is increased or reduced, the TakeProfit and StopLoss levels are automatical

Eldorado MT4 is a new MetaTrader 4 indicator based on a digital filter, it has been developed by a professional trader. By purchasing this indicator, you will receive: Excellent indicator signals! Free product support. Regular updates. You can use it on any financial instrument (Forex, CFD, options) and timeframe. Simple indicator setup, minimum parameters. Signals for Position Opening: Open Buy when the channel goes up. Open Sell when the channel goes down. Recommended Usage It is recommended t

Colored indicator of the linear channel based on the Fibonacci sequence. It is used for making trading decisions and analyzing market sentiment. The channel boundaries represent strong support/resistance levels, as they are the Fibonacci proportion levels. Users can select the number of displayed lines of channel boundaries on the chart by means of the input parameters. Attaching multiple instances of the indicator to the chart with different calculation periods leads to displaying a system of c

AIS Correct Averages indicator allows you to determine the beginning of the trend movement in the market. Another important quality of the indicator is a clear signal of the end of the trend. The indicator is not redrawn or recalculated. Displayed values h_AE - the upper limit of the AE channel l_AE - the lower boundary of the AE channel h_EC - High value projected for the current bar l_EC - Low predicted value for the current bar Signals for the indicator The main channel signal is the in

Colored indicator of the linear channel. Plotting and calculation is based on the Keltner method. It is used for making trading decisions and analyzing market sentiment. The input parameters provide the ability to adjust the channel on the chart. Attaching multiple instances of the indicator to the chart with different calculation periods leads to displaying a system of channels on the chart. Various options for plotting the channel are shown in the screenshots. Purpose The indicator can be us

Price Pressure indicator is capable to determine the total result of buy/sell pressure. The result is given in Average True Range (ATR) percent. Price Pressure analyze price action determining how much pressure is present for each candle. Buying or Selling pressure is cumulative, and the more bear/bull bodies and the larger the bodies, the more likely it is that the pressure will reach a critical point and overwhelm the bulls/bears and drive the market down/up. Strong bulls create buying pressur

This is a color indicator of linear channel for RSI. The indicator and its calculations are based on Keltner's methodology. It is used for making trading decisions and analyzing market sentiment. Input parameters allow the user to customize the channel/channels. The indicator allows drawing two channels on a single chart of the RSI indicator. Possible options for channel drawing are shown in the screenshots. Purpose The indicator can be used for manual or automated trading within an Expert Adv

DSS is similar to Stochastic except for this Indicator we use what is called double exponentially smoothing. This will give the trader a more speedy response to price changes which tends to smooth out the erratic movements of a regular Stochastic. Because its always best to know what the larger timeframes are doing. I have adopted the tactic of overlaying the larger chart of DSS over the smaller chart to gauge whats going on overall and to pint point best entry or exit points. I have left it adj

Convergence is when the higher highs and higher lows of an uptrend are also confirmed by our indicator making lower lows which helps us confirm that momentum is increasing and so the trend is likely to continue. Vice versa for a downtrend. Divergence is when we get higher highs on an uptrend but which are not supported by our indicator which makes lower highs and therefore signals the underlying momentum is failing and so a reversal might occur. Vice versa for downtrend. I have combined these me

Hi Traders, This useful product will Helps you to get 28 currencies power meter as indicator buffers for use in Expert Advisors and other Indicators . You can get them as buffers 0-27 for current candle. Buffers Value - This values are between -100 to +100 ("-" for Bearish Trend, "+" for Bullish Tread), For Ex. if EURUSD's Buffer is +37 it means it is in a bullish trend and bigger values is better for us. Time Frames - In all time frames you will get same values for each buffer (thy are not depe

Colored indicator of the linear channels based on the Fibonacci sequence for the RSI. It is used for making trading decisions and analyzing market sentiment. The channel/channels boundaries represent strong support/resistance levels, as they are the Fibonacci proportion levels. Users can select the number of displayed lines of channel boundaries on the chart by means of the input parameters. Various options for using the indicator are shown in the screenshots. The middle of the channel is shown

Bollinger Bands (BB) + Relative Strength Index (RSI) + Alert Many traders are interested in the Reversal Strategy. The indicators Bollinger Bands (BB) and the Relative Strength Index (RSI) are suitable for this strategy. The indicator offered here combines Bollinger Bands (BB) and the Relative Strength Index (RSI) to get pop-up and sound alerts. This supports you especially when trading multiple currency pairs. For this strategy a periodicity of for example >30 minutes could be appropriate.

The indicator finds the Pin bars on the chart, perhaps, the most powerful Price Action pattern. The indicator has additional filters, and the user can: specify all parameters of the pin bar size as a percentage of the total candle size (minimum length of the large wick, maximum values of the short wick and body size). set the number of fractals for the last N bars, the Pin bar is based on, i.e. define the support/resistance levels. specify the required number of bearish/bullish bars before the P

Stochastic is the indicator used by traders the most. This version allows to extract the maximum amount of information without hassle of constantly switching between the timeframes and, thereby, greatly simplifies working with it. This is a standard Stochastic oscillator provided with an info panel displaying the current relative position of %K and %D lines on all timeframes. The info panel is intuitive and easy to use. The oscillator is especially useful in scalping techniques when you need to

The List swap is an indicator for the MetaTrader 4 platform, which allows to display swaps for all symbols (available in the Market Watch). When using the free demo version, you need to remember that the Strategy Tester of the MetaTrader 4 does not provide the ability to obtain data on other symbols. In the Strategy Tester, the swap information will be displayed only for the symbol the indicator is attached to. The indicator can be useful for traders utilizing the "Carry trade" strategy, as well

Price action is among the most popular trading concepts. Candlestick patterns are essential tools for every price action trader. A candlestick pattern is a one or sometimes multi-bar price action pattern shown graphically on a candlestick chart that price action traders use to predict. Input Parameters On Alert - true/false (displays a message in a separate window). Patterns Reverse - true/false (allow displaying the backward candle patterns). Max Bar - numbers of bars. Parameters in chart C

The Trend Line Index is a multi-currency indicator that shows the strength of a currency at the moment or for any period of history data. Description of strategy and operation principle The indicator constantly analyzes 8 currencies or the ones that make up the 28 currency pairs . In the settings you can choose the period to analyze the movement you are interested in. To do this, select the timeframe, the number of the analyzed bars in the settings, as well as the number of the bar to start th

The indicator calculates and displays Renko bars using PSAR and CCI data as well as provides buy/sell signals. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. The buy signal is generated when the CCI indicator crosses the 100 level upwards, and the PS

This indicator depends on some secrets equations to draw Signals with Stop loss and maximum 4 Take profits. There is a free EA depends on this indicator as a gift when you purchase/rent it. Features Simply it gives you entry point as Ready sign (Buy / Sell) and arrow (Buy / Sell) after candle closed, also SL line and 4 TP lines or less. Once SL-TP lines are shown with the arrow, they remains as they are until signal change. It is historical indicator. No Repaint. user manual for V5 please cli

Control over the indicator is performed by changing only one parameter directly on the chart. Innovative and precise algorithm for plotting the ZigZag peaks. The "ProZZcom" indicator plots a graphical layout, which allows to quickly find the points for accurate entries and for placing short stop orders. It also predicts a possible flat in the early stages, shows the trend direction and correction in the wave, draws the round levels, draws the Fibonacci level lines. The indicator works on any ins

The indicator works when there are open orders present in the market. It calculates the price, upon reaching which the total profit of all open orders will be equal to zero, the breakeven level. The calculation takes into account the orders of the currency pair the indicator is running on. Orders can be filtered by the magic number. Description of the indicator settings: Line_Create - display the breakeven line color_Line - line color style_Line - line style width_Line - line width Text_Create -

This indicator calculates and draws bank levels from a minimum of three days to a maximum of ten days. It is very useful to trade the breakout or the pullback and when the price levels break the highest or lowest level, indicating an imminent explosion of volatility. Best use with Pips Average Range indicator. Parameters settings numbers_of_day - from 3 to 10 (better use on 10 days). levels_High_color - set color for High levels. levels_Low_color - set color for Low levels.

The main function helps you trade in the direction of the trend D1. All this make it Become One trend trading system easy to use for beginners, advanced and professional traders. This indicator will give you a new perspective and it suggests you a decision on the market. The indicator is equipped with a pop-up and audio alert. This indicator creates a very important that optimizes the entry points. We are very happy to have created this indicator and we hope it will be useful to all. Features

The indicator plots dynamic support and resistance levels. Description of the indicator settings: Channel_expansion_coefficient - channel expansion ratio Main_Level - boundary size to recalculate the indicator levels ArrowRightPrice - enable/disable the display of the right price labels color_UP_line - color of the upper resistance line color_DN_line - color of the lower support line color_CE_line - color of the central lines style_ - style of the central lines width_ - width of the central li

AMD Exclusive characterized by high efficiency and can constitute a complete system. Indicator based on Price Action, Statistics and Overbalance. We encourage you to study indicator on its own until you know the tendencies of how it behaves relative to price movement. Indicator automatically optimizes time frame M15, M30, H1, H4, D1 and W1 (press the button [O] on the chart). Filter OVB (overbalance) has three modes: Manual [button F on chart]. Semi-automatic [button F on chart]. Automatic [butt

Features All in One indicator is a simple indicator. It makes you know about eight indicators in all timeframes at just one view in the same time. Stochastic RSI Moving Average (MA) Parabolic SAR ADX MACD CCI Last Candle (Candle) in all timeframes (M1, M5, M15, M30, H1, H4, D1, MN) in the same time. Parameters Stochastic PercentK : period of the %K line. PercentD : period of the %D line. Slowing : slowing value. RSI RSIP1 : period 1 RSIP2 : period 2 Fast Moving Average MA averaging period: ave

The indicator shows the market reversals as arrows. The reversal signals are based on observation of the market behavior. It is based on the principles of searching for extremums, volumes and Price Action. The indicator provides signals on the following principles: Search for the end of the ascending/descending trend Search for the reversal pattern based on Price Action Confirmation of the reversal by the contract volume. The indicator also features an alert triggered when the arrow appears. The

Critical Regions Explorer displays two fixed regions daily. These regions are powerful regions where price are likely change direction. It can be best used with all timeframes less than or equal to Daily timeframes and can be used to trade any instruments. Graphical Features Critical regions display. No repainting. General Features Automated terminal configuration. Accessible buffers for EA requests. How to Trade At the start of the day, do these four things: Identify upper critical region

You can avoid constant monitoring of computer screen waiting for the DeMarker signal while receiving push notifications to a mobile terminal or a sound alert on the screen about all required events, by using this indicator - DeMarker Alerts. In fact, it is the replacement of the standard indicator with which you will never miss the oscillator signals. If you don't know the benefits of DeMarker or how to use it, please read here . If you need signals of a more popular RSI indicator, use RSI Alert

If you use the MFI (Money Flow Index) indicator, the waiting time till the next signal can be long enough. Now you can avoid sitting in front of the monitor by using MFI Alerts. This is an addition or a replacement to the standard MFI oscillator . Once there appears an MFI signal on the required level, the indicator will notify you with a sound or push, so you will never miss a signal. This is especially significant if you follow the indicator in different timeframes and currency pairs, which ca

Ersi   The indicator shows overbought and oversold zones. Zones can be adjusted by levels, set in the settings. Settings: Period_I   - averaging period for calculating the indicator; Applied_Price   - used price; Percent_Coefficient   - percentage coefficient; Count_Bars   - the number of bars to display the indicator; Overbought_level   - overbought zone level; Oversold_level   - oversold zone level; Overbought_color   - color of the overbought zone; Oversold_color   - color of the oversold zon

The Intraday Momentum Index ( IMI ) is a technical indicator that combines aspects of Candlestick Analysis with the Relative Strength Index ( RSI ). The Intraday Momentum Index indicator concept remains similar to RSI and includes the consideration for intraday open and close prices. The IMI indicator establishes a relationship between a security open and close price over the duration of a trading day, instead of how the open and close prices vary between different days. As it takes into conside

Pivot Points is used by traders to objectively determine potential support and resistance levels. Pivots can be extremely useful in Forex since many currency pairs usually fluctuate between these levels. Most of the time, price ranges between R1 and S1. Pivot points can be used by range, breakout, and trend traders. Range-bound Forex traders will enter a buy order near identified levels of support and a sell order when the pair nears resistance. But there are more one method to determine Pivot p

The indicator's main objective is to define a trend direction, power and potential reversals calculating the ratio of each candle's squared average price gradient (High-Low). Based on the calculations, the indicator shows: Trend reversal; Trend direction; Trend power. The recommended timeframes are M1 and M5. In this case, the indicator is based on the M15 timeframe trend direction. When working on timeframes higher than M5, the indicator does not use a higher timeframe in its analysis. When sig

The Fx-PIOT indicator determines the movement direction of a financial instrument using a combined signal: the main signal + 2 filters. The screenshots were taken in real-time mode (/ Date=2017.01.24 / Symbol=NZDJPY / TF=H1 /). The main signal is displayed as arrows (Up / Down) + possible reversal zones. Calculation is made using the Open, Close, High and Low prices. Filter #1 is a trend filter determining trend on the D1 time-frame; it outputs a message: "Buy Signal" / "Wait for Signal" / "Sell

This indicator finds double top and double bottom reversal patterns, and raises trading signals using breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Customizable colors and sizes Implements performance statistics Customizable fibonacci retracement levels It displays suitable stop-loss and take-profit levels It implements email/sound/visual alerts These patterns can expand, and the indicator follows the pattern by repainting. Howe

Swing High Low Pattern Recognition is a great indicator able to fix price levels and analyze the market swings. Swing High Low uses a dynamic approach of analysis that allows you to identify easily the best entry levels. The indicator using the minimum and maximum periods of the previous candles to analyze the impulsive movement and finally it sets the entry levels. The entry levels are: fast, good and best . The best is the last confirm of the swing. For a correct use we advise to wait the comp

When using CCI (Commodity Channel Index) oscillator, the waiting time till the next signal can be long enough depending on a timeframe. CCI Alerts indicator prevents you from missing the indicator signals. It is a good alternative for the standard CCI indicator. Once there appears a CCI signal on the required level, the indicator will notify you with a sound or push, so you will never miss an entry. This is especially significant if you follow the indicator in different timeframes and currency p

Fractals Notifier MT4 is a modification of Bill Williams' Fractals indicator. The fractal consists of two sets of arrows - up (upper fractals) and down (lower fractals). Each fractal satisfies the following conditions: Upper fractal - maximum (high) of a signal bar exceeds or is equal to maximums of all bars from the range to the left and to the right; Lower fractal - minimum (low) of a signal bar is less or equal to minimums of all bars from the range to the left and to the right. Unlike a stan

The Volatility Pro is a professional indicator for the MetaTrader 4 platform This indicator can be used to calculate the volatility using two methods. It is also possible to apply a moving average to the volatility histogram. This indicator allows to easily identify the bars with high volatility, and it will also be useful for traders who trade the volatility breakouts. By purchasing this indicator, you will receive: Excellent indicator signals. Free product support. Regular updates. Unique in

This indicator draws the Fibonacci -38.2, -17, 38.2, 61.8, 117, 138 levels for the last closed H1, H4, Daily, Weekly and Monthly candle. Features Automatic display of the most important Fibonacci levels. Parameters TimeFrame: Choose which timeframe you want Fibonacci levels to be based on. SetLabels: Visible/invisible Fibonacci level labels. Labels Position : Position of Fibonacci level labels (Right - Left - Middle). FontSize: Font size of Fibonacci level labels. c38: Color of level 3

Multi-timeframe Parabolic SAR dashboard allows you to add and monitor PSAR trends. The multi-timeframe Parabolic SAR dashboard will save you a lot of time and gives you a single view of the markets using PSAR. In short, you can just view one window and get a snapshot of up to 21 instruments on your MT4 platform. The indicator opens in a sub-window. Below are the features of the PSAR Dashboard Indicator Modify PSAR Settings: The PSAR Dashboard comes with default PSAR settings of 0.02 (Step) and 0

The indicator calculates and displays renko bars using Moving Average, Parabolic SAR and OsMA data as well as provides buy/sell signals. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. The buy signal is generated when the OsMA indicator crosses the ze

The indicator plots charts of profit taken at the Close of candles for closed (or partially closed) long and short orders individually. The indicator allows to filter orders by the current symbol, specified expert ID (magic number) a nd the presence (absence) of a substring in a order comment , to set the start time and the periodicity of profit reset (daily, weekly or monthly) to calculate the profit chart. The indicator also displays the floating (not fixed) profit of the opened orders at the

Professional OB/OS Oscillator Is the digital momentum indicator , based on our ob/os formula and algorithm of digital output signal . It shows you when price goes on OverBought/OverSold position and also OverBought/OverSold of Trend . In the middle is an adjustable " Stop_level ". Above and below this area you should not trade . Precise; above Stop_level - stop going long , below Stop_level - stop going short . Min/Max indicator values are +-100%, but the scale is +-110% just for “easy look”

It is the same of Advanced Arrow indicator but shows the signal of 8 currencies pairs at the same time on 5 Timeframes without any TPs line or SL. Features You will know when exactly you should enter the market. This indicator does not repaint it's signals. Signal Types and Timeframes Used You can use this indicator on any timeframes but i recommend you to use it on H1, H4 frames. The indicator gives you four signals (Ready to Buy "RBuy", Ready to Sell "RSell", Buy, Sell). When RBuy appear y

The High and Low Points indicator is designed to calculate potential order points. The main feature of this indicator is to specify the points that the price can not exceed for a long time. The market always wants to pass points that can not pass. It is necessary to place an order waiting for this point indicated by this indicator. Is an indicator that constitutes many EA strategies. Designed for manual trading. Transaction Strategies High point buy stop order Low point sell stop order For exa

The indicator provides volume delta analysis and visualization. It calculates tick volumes for buys and sells separately, and their delta on every bar, and displays volumes by price clusters (cells) for a specified number of recent bars. This is a special, more descriptive version of the indicator VolumeDelta . This is a limited substitution of market delta (market depth) analysis, which is normally based on real volumes, but they are not available on Forex. The indicator displays the following

3xEMA Golden Cross Alert is indicator signal strategy trading by 3 Exponential Moving Average (EMA). It'll alert signal on next bar open with an audio or pop up on the chart when EMA signal cross above/below 3 periods EMA for Buy/Sell and Exit alert signal. BUY/SELL: When Short term's EMA > Medium term's EMA > Long term's EMA = Buy Signal When Short term's EMA < Medium term's EMA < Long term's EMA = Buy Signal Exit: When Short term's EMA < Medium term's EMA > Long term's EMA = Exit Signal for Bu

I present you with a product, in which I combined all my previous experience. This indicator is called Shark Binary Indicator . Shark Binary Indicator combines five different algorithms for issuing signals, between which you can switch if, for example, one produces bad results on your favorite currency pair on a particular day. The indicator is designed to work on timeframes from M5 to H1 with transaction expiration in one candle. I want to note right away that this indicator does not work based

The indicator displays Renko bars, uses their data to calculate and display the Ichimoku Kinko Hyo indicator and provides buy/sell signals. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. Indicator generates two signals: When the Tenkan-Sen line is ab

Price Action Strength indicator uses the purest form of data available in the market (price action) to indicate the strength of the market move. Reading price action and measuring its strength is a subjective matter and it is a technique that takes years to master. The purpose of the indicator is to make the reading of the price action strength as objective as possible. The indicator is far more advanced then default oscillators, because in addition to the price movement and its direction, the P

The indicator measures the speed of ticks. The number of ticks per second. It is calculated as the number of ticks specified in an input, divided by the time of their appearance. It is possible to disable the audio signals about arrival of ticks using the button with the speaker icon: green - enabled, red - disabled. Description of the indicator settings number_ticks - the number of ticks to start calculation. The calculation will start only after all the specified number of ticks fully arrive

The indicator works only on the chart periods smaller than the daily period. It shows the boundaries of the daily candle and trading sessions. Description of the indicator settings: Count_Bars - limit on the number of bars for indicator calculation lineColor - line color lineStyle - line style lineWidth - line width candle_up - color of bullish candle mark candle_dn - color of bearish candle mark candleWidth - candle width AsiaBegin - opening time of the Asian session AsiaEnd - closing time of t

The indicator points at the areas of the potential price reversals using alerts. It is based on the moving average and RSI indicators, and shows their difference. Description of the indicator settings: EMA_Period — The averaging period for the calculation of the Moving Average indicator. EMA_Method — Averaging method. Can be any of the enumeration values, SMA — simple averaging, EMA — exponential averaging, SMMA — smoothed averaging, LWMA — linearly weighted averaging. EMA_Price — applied price

The indicator displays the moment the price reaches an extreme level, including an invisible one (due to screen size limitations). Even small peaks and bottoms are considered extreme points. The level is shown as a trend line extending for a distance from the current candle (bar) to the left. The level has two values: distance (in bars) for the extreme point in a straight line to the left and distance (in bars) from the current candle (bar) to the extreme point (see the screenshots). The indicat

The Gann Box (or Gann Square) is a market analysis method based on the "Mathematical formula for market predictions" article by W.D. Gann. This indicator can plot three models of Squares: 90, 52(104), 144. There are six variants of grids and two variants of arcs. You can plot multiple squares on one chart simultaneously. Parameters Square — selection of a square model: 90 — square of 90 (or square of nine); 52 (104) — square of 52 (or 104); 144 — universal square of 144; 144 (full) — "full"

The easy-to-use trading system SmartScalper generates the following signals: BUY SELL close BUY close SEEL SmartScalper works on the М15 timeframe and is optimized to work on GBPUSD, XAUUSD, GBPJPY, EURJPY, EURUSD. 12 different sets of trading algorithms are designed for trading (6 buy and 6 sell trades), which can be quickly selected by the trader using buttons in the indicator window, or are set in the input dialog. The efficiency of the trading algorithms chosen by the trader is measured in r