Expert Advisors and Indicators for MetaTrader 4 - 118

This EA trades support/resistance levels which were placed by a trader (Trend Line from toolbar). The direction of a trade is set graphically by arrows: ↑ - buy; ↓ - sell; - buy or sell in case of crossing support/resistance level. The level is off if inconsistent directions were set, like: ↑↓, ↑, or ↓. If the price is lower than a level it is a resistance level. And opposite is true for support level. There are a few methods available for levels defining, for testing with visualization as

Olimpia Dragged Trends! This dashboard indicator is a visual tool which recognizes dragged trends of 28 pairs in a easy-to-read histogram. You will see a group of squares indicating the sum and average values of trends of the last "...." minutes for each square from L to A in a dragged way. "Dragged Way" means that regardless the hour of the day or opened or closed candle it always shows the present and the pastinformation. You can configure a sequence of numbers with values between 1 minute to

This indicator is a multipairs dashboard which recognizes the best pair setup to open orders with 8 families of currencies. Families of currencies include: AUD, USD, EUR, GBP, CAD, NZD, CHF, JPY; 28 pairs in total. The precise moment to open an order is shown at Column A on the dashboard, you can also setup alerts, e-mails and notification to mobile devices. You can filter alerts by spread value of pairs. What is the dashboard showing? RED values mean short trends, GREEN values mean long trend

This indicator shows an Up trend (Green square) if a fast MA is above a slow MA and Down trend (Red square) if a fast MA is below a slow MA from all Time Frames for each currency pair. Input parameters: From Symb1 to Symb9. - You may change any of this Symbol to any legal currency pair existed on your platform. Period_Fast = 5; Method_Fast = MODE_EMA; Price_Fast = PRICE_CLOSE; Period_Slow = 21; Method_Slow = MODE_SMA; Price_Slow = PRICE_TYPICAL; Attention: Before using this indicator you have t

Purpose The indicator is intended for manual multi-currency trading based on the Triple Screen Strategy. It works with any symbols located in the Market Watch window of the MT4: currencies, metals, indexes, etc. The number of instruments can be limited by capacity of the МТ4's parameters. But if desired, you can create several windows with various set of instruments and parameters. Operation Principle The indicator uses the modified Triple Screen Strategy for determining trend direction in the

This is an indicator for finding the strongest trend each day, suitable for intraday trading or a swing trading. See the live performance at : https://www.mql5.com/en/signals/93383 How to Use: RED BAR means Bearish Trend for the next candle GREEN BAR means Bullish Trend for the next candle ORANGE BAR means Sideways Trend for the next candle Example: If we are using D1 timeframe, see the last BAR, if the bar is RED BAR, open short/sell for today. If we are using H1 timeframe, see the last BA

Market Patroller is a tool designed as an indicator that allows you to review a list of as many instruments as you want and select those that could give you a trade opportunity. It combines the possibility to watch in detail each instrument with all the screen space that you need but with the comfort of be capable to monitor later, multiple instruments trough a "hot list" of opportunities at the same time. Easy to use: Install the MarketPatroller on one chart (this will be your detailed analy

The indicator is designed for visual determining market directions. It allows to determine the distance from a price and helps in drawing correct conclusions. Perfectly defines flat zones, horizontal intraday trends and trend movements, and an additional setting allows to use the indicator on any instrument. Does not redraw its readings. You get professional trading indicator for a reasonable price. Settings: Period_FF = 7 - indicator period Sensitivity_FF = 5 - sensitivity in % Wish you all s

Provides the simplicity of binary options but addresses the shortcomings of regular binary options, namely: Poor risk reward ratio, fixed duration trades, poor broker choice, poor indicators/alerts, no hidden (stealth) stop loss/take profit, etc. Features 1 to 1 risk reward ratio, calculated automatically (configurable) Manual (with alert) or automatic trade entry (on alert conditions) Lot size calculation (money management) - based on % of account to risk or fixed amount Compact interactive o

This is a forward-looking indicator for trading on all instruments. An advanced version of Bollinger Bands indicator created by outstanding analyst John Bollinger. One of the main differences of Super Bollinger Bands indicator from its predecessor consists in displaying upper and lower bands behavior on the middle line with some specific colors. Thus, the indicator gives a trader some visual information about trend development at the moment, and not in the past, as majority of other indicators d

The Breakout Indicator That Has Been Proven & Tested! Breakout Analyzer uses an advanced algorithm based on high probability price patterns. Each trade is analyzed on the statistics panel to help you evaluate the best breakout setups. Bonus Strategy 1 Breakout Analyzer with Volume Critical Watch Video: (Click Here) Bonus Strategy 2 Breakout Analyzer with Strength Meter Watch Video: (Click Here) Features Universal compatibility to different trading systems Analyzes statistics of breako

Advanced ADX indicator that allows operating on many timeframes simultaneously! Unique indicator with the ability to display ADX charts not only on the current timeframe, but also on higher ones. The example attached shows how it is possible to see 3 ADX chart on M5, M15 and M30 timeframes respectively. This functionality allows to significantly improve the accuracy of determining the trend. The Timeframe Delta parameter specifies how much the indicator’s timeframe should be different from the t

Description Shows whether market is trending or not, to what extent, which direction, and if the trend is increasing. The indicator is very useful for trend following strategies. The indicator can also alert when the market transitions from being flat to trending, which can serve as a great entry point. The alert is controllable directly from the chart, with an on-chart tick box to enable the alert. Also includes bonus indicators of current spread and ask/bid prices in large text, color coded as

New indicator Impostol is based on the relative strength index (RSI) and trend indicator ADX. With it, you can identify a trend for your trade. Its signals are easy ti interpret, because it shows the recommended entries using up and down arrows. The indicator has a minimum of settings and is easy to use. Impostol Expert for MetaTrader 4 —   HERE Main features Uses arrows to show market entry points. The indicator is not redrawing. Recommended timeframe is H1 and higher (lower timeframes can

Simply drop the indicator to the graph and support and resistance levels will be shown automatically! The indicator for automatic drawing of support and resistance levels based on THREE points. Identified points are marked on the chart Indicator shows break through price for both bullish and bearish trends (if found) You can specify on how many bars the indicator shall look in order to identify supporting points. In addition, you can select on which time frame the indicator will work. That means

Dedicated to grid trading fans. For a long period I was trading using Manual Trader by Ramil Minniakmetov. I liked this program but soon I came up with an idea to improve the program by making the grid vivid and adding something mine. 1) I taught the program to take swaps and commission into account. 2) If the market allows, the program trails a gain by moving Profit. 3) The program spends a part of the gain partially killing the lower order and moving to a smaller lot, preventing it from going

Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Oversold describes a period of time where there has been a significant and consistent downward move in price over a period of time without much pullback. This indicator will show the Overbought conditions (Green Bars) and Oversold conditions (Red Bars). The value of Green/Red Bars represents a power of the price movement. Input parameters numBa

The   Currency Barometer indicator   is a unique tool that measures the strength of two currencies represented in the pair and compares the difference between them. The result is shown as a histogram where you can simply identify which currency is the strongest. This indicator is designed to measure the strengths and weaknesses of eight major currencies (USD, EUR, GBP, CHF, CAD, JPY, AUD, and NZD) and works on 28 currency pairs. The indicator uses the CI method (Commodity Channel Index) to calc

RFX EasyTrade  is a professional panel to make your trades as easy as possible. You can perform scalping by acting fast and efficient. You can draw a box or a trend line and let RFX EasyTrade to catch a breakout and manage the trade automatically. You can set pending orders and set Order-Cancels-Order easily. If you are a fan of Martingale strategy just set a few settings on the panel and let RFX EasyTrade to automatically manage the trades. You can trade based on time without waiting long time

The indicator displays trend reversal in the form of arrows. The indicator does not change its values (is not redrawn) after a signal. The program notifies about arrows by means of a pop-up window, or sending notification to e-mail. This is a multitimeframe instrument. Values of the indicator may be displayed from higher timeframes. Parameters Time-frame - select time session; zero is the current timeframe (Time-frame cannot be lower than the current time interval). Bars - number of bars on th

Any chart has patterns of consolidation which are also called accumulation patterns. These are sections where the market has been on the same price level during significant amount of time, and thus it was accumulating positions. After such accumulation, positions are distributing, and the market passes from flat into trend. The Consolidation Levels indicator is a professional tool which identifies these sections and builds levels according to the price of the market at the moment of consolidatio

Brilliant Price Action Brilliant Price Action Indicator is a leading Indicator that  does not repaint . It can be calculated on a time frame and represented on another time frame. It can be used in trend identification from higher time frames OR for Entry on lower time frames. Moving average modes are: 0 = Simple moving Average. 1 = Exponential moving Average. 2 = Smoothed moving Average. 3 = Linear Weighted moving Average.

Sometimes we want to draw a horizontal ray from any given price based on a candlestick, and this tool solves that with just 1 key! In order to draw an horizontal ray you just need to drag and drop the indicator over any chart you want and then: 1) Click over ANY candle and then 2) Hit any of the following keys: O - It will draw an horizontal ray right at the OPEN price of the clicked candle H - It will draw an horizontal ray right at the HIGH price of the clicked candle L - It will draw an horiz

The main rule of the profitable trading is opening trades in the direction of a trend. You can define the current trend using fractal analysis. Important Levels ResSup displays important price levels on the chart. The breakthrough of those levels shows the price direction. The data panel allows you to track the current trends on all timeframes. The current timeframe's important level values are shown in the comments. The indicator can be useful for traders working by levels. It can also be a par

This indicator shows the lateral movement of the price when the indicator line corresponds to zero and Up/Down trend when indicator line is higher / lower than and parallel to zero-line. Of course, the moment when the indicator line is crossing the zero-line is the best moment to enter the market. This indicator has no input parameters... So, the results will be always the same for every time frame and currency pairs.

"Make it Horizontal" will convert any trendline to horizontal by just selecting it and then pressing the H key. This tool must be included in your charts as an indicator. It has no inputs, just drag it to your charts and that's it! I created this tool because the MT4 doesn't have any built-in feature like this. How many times have you drawn a line and you need to double click it in order to configure the start and end price level so you can make it horizontal? Well, that's not an issue anymore!

Bulls CD LBT Global  (Bulls Convergence/Divergence Low Bottom  Top   Global) is an analytical bulls convergence/divergence indicator (C, D or CD) between a financial instrument and 22 MT4 indicators working on all periods simultaneously. The indicator measures the power of CD for indicators and periods and is the first one out of the two possible versions (LBT and LTB). Features The analyzer is not a lagging one. It works by ticks and is able to show CD in the main window even in case the MT4

Bears CD HTB Global  (Bears Convergence/Divergence High Top Bottom Global) is an analytical bears convergence/divergence indicator (C, D or CD) between a financial instrument and 22 MT4 indicators working on all periods simultaneously. The indicator measures the power of CD for indicators and periods and is the second one out of the two possible versions (HBT and HTB). Features The analyzer is not a lagging one. It works by ticks and is able to show CD in the main window even in case the MT4 i

Description Shows Heikin-Ashi candles (often misspelled Heiken-Ashi) on the chart and can alert when candles change color. The alert is useful for both entry and exit. The number of candles of the new color before an alert is raised can be set. The alert can be controlled interactively, directly from the chart. Also includes bonus indicators of current spread and ask/bid prices in large text, color coded as price changes. Usage Heikin-Ashi candles give a much better insight to the underlying tre

The TIL Timeframe Overlay indicator is the perfect tool for multiple timeframe analysis . It does the simple yet powerful task of overlaying a candlestick chart of a different timeframe over another allowing you to see the BIGGER picture and see the underlying TREND amid the noise and volatile price action. Please see the screenshots below for examples. Features: It works in ALL timeframe. It works in ANY instrument/symbol. Displays ENTIRE candlesticks (body and wick) of other timeframes includi

Introduction The "Two Moving Average Crossover" indicator for MetaTrader 4 (MT4) is a technical analysis tool that displays two moving averages and notifies when the moving averages cross each other. The indicator calculates and plots two moving averages, one of which is faster and the other is slower. When the faster moving average crosses above the slower moving average, it is considered a bullish signal, indicating a potential trend reversal or the start of a new uptrend. Conversely, when th

Description Stoploss Master Expert Advisor helps you to manage the virtual Stop Loss. It replaces the real Stop Loss levels by virtual ones with further trailing according to its own strategy of preserving a reached profit level. This EA is used when following the trend. In multicurrency/multisymbol mode, the EA is attached to the chart of each financial instrument separately and tracks positions only of a certain financial instrument. Management is performed only by market orders. The EA starts

The indicator of a Professional Trader is an arrow indicator for predicting the direction of price movement. I have been working on this indicator since 2014. You can use this indicator as your main indicator, use its entry signals, and use it as your only indicator to find entry points. About the product: Recommended TF [H4-D1-W1]   . The indicator predicts the direction of the next candle. Fits a variety of tools; Flexibility in settings for different instruments and intervals through the

Prototype 2 is a no-martingale automated system, well testable in a 15-year history period and showing good results in real trading. The default settings are suitable for EURUSD M15, however the EA is well adaptable for any currency pairs and timeframes through its input parameters. The Expert Advisor is suitable both for beginners, because you need only to attach it to a chart, and experienced traders, because in addition to the automatic mode, the EA has options for manual settings of the lot,

Description Trend Trading is an innovative analyzer designed for trend following trading. The analyzer consists of a trend line, colored bars, arrow pointers and reference information. After completion of the current bar, the trend line, the color of the bar and the arrow pointers are not redrawn. Change of market sentiment can be calculated based on one of the fourteen basic indicators included in the standard package of MT4, it affects the color of the trend line. Optionally colored bars, arro

ForexTrendMT4 Indicator: A Reliable Tool for Market Tracking The ForexTrendMT4 indicator offers reliable market trend tracking, filtering out sudden fluctuations and market noise. This tool helps identify trends and signals favorable entry points into the market using arrows. It is suitable for both scalping on shorter timeframes and long-term trading strategies. Based on the principles of technical analysis, ForexTrendMT4 takes into account the cyclical nature of the market. Key Features and A

This Expert Advisor uses 7 indicators and many different mechanisms that control the trading process. To receive a signal, the robot analyzes the indicators of Parabolic SAR, MACD, MA, Envelopes, CCI, RSI, Alligator. Each order is supported by a double grid (with and against a trend order). The recommended deposit is from $ 4000 - on a dollar account, or 4000 cents on a cent account. You need to trade on timeframes from H1, where the trend / flat and pullbacks are better traced. Write to me afte

Indicator that sends you an alert, email or push notification, when a trend line is crossed. You can set the name(s) of the trend lines to be watched. It works in 2 different modes: Closed candle only alert : This will send you the alert and notification if the price breaks above or below a trend line and keeps this way until a new candle is open. Any time the line get crossed : This will send you the alert when the price crosses above or below the trend line, at the moment this happens without

Overview This is a very simple indicator that displays the relative strength values of the currencies on te current chart and timeframe. The strength is only calculated for the currencies: AUD - Australian Dollar CAD - Canadian Dollar CHF - Swiss Franc EUR - European Union Euro GBP - Great Britain Pound JPY - Japanese Yen NZD - New Zealand Dollar USD - United States Dollar These are considered the major currencies in the world. There are 28  distinct combinations of major currency pairs. Other

The Doji candlestick pattern is characterized by one that has its open and close prices nearly (if not exactly) equal and resembles the shape of a cross. It is often regarded as a sign of indecision and is especially significant if seen in a down trend or up trend, which potentially signals that sellers or buyers are losing conviction. The TIL Doji Price Action finds and marks all Doji candlestick patterns and intelligent approximations thereof. In addition, it predicts the direction of price wi

This multi-timeframe indicator is based on the idea of classical indicator CCI (Commodity Channel Index). As you know, CCI was developed to determine overbought and oversold levels. The CCI does this by measuring the relation between price and a moving average (MA), or, more specifically, normal deviations from that average. This particular indicator shows the modified CCI data from higher timeframe ordered by an input parameter "TF". Green rhombus on the chart represent an UP trend and Red rhom

The MACD offers the best of both worlds: trend following and momentum. Traders can look for signal line crossovers, center-line crossovers and divergences to generate signals. Because the MACD is unbounded, it is not particularly useful for identifying overbought and oversold levels. It is not easy to use any indicator on smaller timeframes because traders cannot not look away from the screen. This classical indicator includes "Alert" function (see screenshots). Keep in mind that this indicator

Simply drop the indicator to the chart and Fibonacci levels will be shown automatically! The indicator is developed for automatic drawing of Fibonacci levels on the chart. It provides the abilities to: Select the standard Fibo levels to be shown Add custom levels Draw the indicator on the timeframes other than the current one. For example, the indicator is calculated on the weekly period (W1) and is displayed on the monthly period (MN1) Select the timeframes the indicator will be available on Ca

NoFear indicator is based on Advanced Moving Average. It is used in technical chart analysis providing signals whenever a rate change appears that exceeds the upper or lower border. The indicator works very well on trend market. It is easy to find good entry points by blue/violet arrows. The upper and lower bands should be used like support/resistance levels and stop/exit points. All signals do not repaint, and can be used immediately when they are coming. This means we do not need to wait for a

Trailing Complex is a Stop Loss trailing system that includes 9 components: Setting SL on the level based on the specified loss percentage of the deposit. Moving SL to breakeven. Standard trailing. PriceChennel based trailing. Fractals based trailing. The ATR indicator based trailing. MA based trailing Parabolic SAR based trailing Trailing based on a user drawn trend line. Any of the components can work alone or in combination with others. System settings allow to work with one symbol and scan

This indicator has only one input parameter - Alerts. If Alerts is true , then Alert message will appear when Long or Short trend starts. Each message contains: time, name of the currency pair and the current timeframe. Green arrow indicates UP trend. Red arrow indicates DOWN trend. This indicator will be helpful when someone is deciding to make Buy or Sell position.

EwoMov indicator is useful for determining a trend with higher period of price Moving Averages (it should be higher than 200). I am using this indicator for swing trade on M5-M30 charts. This indicator uses several bars for calculation. They are all saved in external parameters. The proper values are 5 - 13 - 34, but you can change them. It is ready for all timeframes, but does its best for M5-H1. It is designed to be optimized for other timeframes. You can find some explanations on screenshots.

The Expert Advisor is based on the momentum of the price rate of change. When the speed of the price begins to increase sharply, the EA opens an order in the direction of its movement. Rate of Change is defined as the distance of StepPrice ticks that the price has moved for the period of TimePrice seconds. In contrast to the standard algorithm, virtual levels are modified not only after the TimePrice time, but also after the change of direction of the price movement—momentum. The built-in filter

This Indicator will simplify your trading life. The Indicator has no input parameters. Red arrows indicate the beginning of the Down trend and it will be a good time to open a Short position. Green arrows indicate the beginning of the Up trend and it will be a good time to open a Long position.

Trend Scraper features: The Stop Loss is invisible to the broker; Hidden algorithm for entering the market; Easy setup; Small drawdown; Any symbols at one time; Ultra-fast optimization; Entry at trend reversals; Breakeven function; A trend filter has been added to version 1.10; Version 1.11 "Pro" has improved ADX trend / flat filter. Easy setup and use are the keys to the success of a trading system. Only two parameters for setup and optimization! The task of the robot is to "hack" the trend

The main purpose of this indicator is to show 2 lines of possible Trailing Stop Loss values: Yellow/Aqua line for Trailing Stop Loss  closer to the current price  Orange/Blue line for more risky (but more profitable) Trailing Stop Loss. If the line (looks like a staircase) changed the colors from Yellow to Aqua (line #1) and/or from Orange to Blue (line #2) accordingly this mean that we have a situation when a trend changed its course to the opposite. So, this Indicator can be useful to open pos

Description One of the Dow theory tenets states: "Trends are confirmed by volume". This product is a multicurrency/multisymbol indicator that has been designed to define large and/or small tick volumes according to the mentioned tenet. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an err

Prototype 4 is an automated trading system, which opens positions in trend direction from correction based on data of built-in indicators. Test results show a stable profits for almost 15 years since 2000 (see. the screenshots), as well as in real trading. Monitoring: https://www.mql5.com/en/users/r0s/seller This Expert Advisor can be used in combination with Prototype 1 . Part of the orders of two Expert Advisors is hedged (opened in different directions).  The Expert Advisor works on any accou

Do you use dynamic ranges (like Bollinger Bands or Envelopes) in your trading? Usually such calculations use a fixed period, but does it reflect the nature of the market? In fact, the price chart consists of a series of successive processes - trends and flats. In this case, we can talk about the internal development logic inside a single process only. Accordingly, the dynamic ranges built for the process occurring "here and now" suit the nature of the market better. The Growing Bands indicator u

MACD Converter is an analogue of the MACD Message with more advanced functionality: It has two signal lines: Signal Line 1 and Line 2, bar outlines are colored according to Line 1, it also triggers the trend notifications. MACD Converter converts the parameters of Fast MA, Slow MA and Signal Line 1 and Line 2 lines from the interval specified in the settings (Convert Time Frame) to smaller timeframes. This allows receiving a signal for making a decision within the specified (Convert Time Frame)

TIL Currency Performance Meter is an intuitive technical indicator for quantifying and visualizing the current momentum and relative strength of the eight major currencies, namely: USD, EUR, GBP, CHF, JPY, CAD, AUD, and NZD, on all timeframes. This is achieved by calculating and consolidating the price percent changes of 28 currency pairs from a certain point in time. The indicator generates a chart wherein each currency is represented by a color-coordinated bar that either shoots up or drops do

Pivot Point is a technical indicator widely used by traders to predict major price movements by calculating various levels of support and resistance. Investopedia defines the pivot point as follows: A technical analysis indicator used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is thought to indicate ongo

Power Trend Paid - the indicator shows the trend strength in the selected period. Input Parameters The indicator has the following input parameters: Main Line - an optional function for drawing a line on the values used for indicator calculation (not available in the free version ). Period - a positive number greater than one, it shows the number of candlesticks used for calculations. If you enter one or zero, there will be no error, but the indicator will not be drawn. Applied Price - an exte

An indicator for entering with trend and timely exiting. It has sensitivity setting, by adjusting which it can be applied to both long-term and short-term speculation.  The highest sensitivity = 1, with this setup, you can even scalp on M1. No lag, does not withdraw after candlestick closure.  One of the use options: enter after a candlestick closes, if the vertical line consists of squares of the same color; exit if the color of two or more squares changes. Before using it, be sure to analyze t

The Polarized Fractal Efficiency (PFE) was introduced by Hans Hannula in 1994. The indicator was intended to quantify the efficiency of price movement and  how trendy or choppy  the recent past price action has been. This is calculated by contrasting the price traveled in the window of study  against the total accumulation of movements during the same period of time. For example: If in 10 days, an active raised from 50 to 100, by increasing it's value 5 points or dollars each session, the effici

The indicator displays the probable ( Support and resistance ) levels. The indicator draws horizontal and trend levels of support and resistance. The indicator settings: Trends - the mode for displaying trend lines or horizontal lines of support and resistance Yes - display trend lines only No - display horizontal lines only UseResource - use the resources built into the indicator. Yes - use the ZigZag indicator from the resources of the product. No - use a custom ZigZag indicator. HistoryBar -

Trade Controller provides multiple methods to protect and maximize your profits. This powerful weapon helps you to set the protect and trailing-stop rules on your trade automatically in many effective methods. Once it is set and turned on, you don't need to monitor your orders anymore, the software will keep watching and control your orders with your predefined rules. It's designed to support multi-protection and trailing strategy: Protect by break-even, protect by percentage, protect by pip, pr

Three Moving Averages Message is a notification system for the MetaTrader 4 platform. It consists of three moving averages which have their own adjustable parameters. Slow and Long lines determine long-term trend, while Fast and Slow lines - short-term. If the lines Fast and Slow are crossed during a trend, the indicator displays a recommendation for buying (selling). If the lines Slow and Long are crossed, the indicator notifies of the start of a up/down trend. Concerning other types of crossin

Overview A One-Cancels-the-Other Order (OCO) is a pair of orders stipulating that if one order is executed, then the other order is automatically cancelled. Verdure OCO EA brings this functionality to MT4. This EA is a robust implementation of the popular One-Cancels-the-Other Order (OCO) but with added benefits, features and options. It is an EA that helps with trade management and especially useful for traders who use stop and reverse trading systems, traders who look for opportunities around

Introduction to Sideways Market Analyzer Notable period of Low volatility and non-trending movements in the financial market is considered as Sideways Market. Sooner or later, the low volatility will increase and the price will pick up a trend after Sideways Market. In terms of trading point of view, Sideways Market can serve as the very good entry timing for traders. Sideways Market is also quite often the representation of accumulation of large orders from big investors. Therefore, knowing the

When drawing a trend line or other objects, there is a natural deviation when you place the object from a higher time frame, and then go to watch it in a lower time frame. PerfectLine is a technical indicator that solves this problem. Once you touch a line after drawing it, Perfect Line will find the exact spot in the lower time frame available for it's position and then rectifies where it should be. Perfect Line uses a five pixels pre-established tolerance, if a difference between the line's no

A. What is A2SR ?   * It's a leading technical indicator (no repaint, no lagging). -- Guidance : -- at   https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- and  https://www.mql5.com/en/users/yohana/blog A2SR has a special technique in determining the levels of Support ( demand ) and Resistance ( supply ) . Unlike the ordinary way that we seen on the net, A2SR has a original concept in determining actual SR levels. The original technique was not taken from the internet,

Description A colored multicurrency/multisymbol indicator  Aroon   Global   based on one of the twenty three standard indicators of MT4. The indicator consists of two lines:  Aroon Up  and  Aroon Down . The main function of the indicator is to predict the trend change.  The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial

If the direction of the market is upward, the market is said to be in an  uptrend ; if it is downward, it is in a  downtrend  and if you can classify it neither upward nor downward or rather fluctuating between two levels, then the market is said to be in a sideways trend. This indicator shows Up Trend (Green Histogram), Down Trend (Red Histogram) and Sideways Trend (Yellow Histogram). Only one input parameter: ActionLevel. This parameter depends of the length of the shown sideways trend.

Discrete Trend determines the dominant trend. The innovative algorithm allows the indicator to automatically adapt to any timeframe and currency pair completely eliminating the need for manual adjustments. The indicator works on bar closings. Thus, it is advisable to consider signals on the already formed candles. The product can be used both as a filter and as a main indicator.