New Technical Indicators for MetaTrader 5 - 24

Price Stellar! is a bot that has the strategy of grabbing rebounds on the roofs or floors of the Yellow channel, accompanying an ema to hunt the bullish or bearish trend, It can be seen very clearly in the photo what the strategy is about works for all seasons to scalp and long works for all forex pairs and for the pairs of synthetic indices ! from now to enjoy good profit World Investor.

Trend Uranus! It is an indicator that works in line with support and resistance, giving entrances with the roofs and floors Red (Sale) Green (Buy) to catch a better trend ideal for scalping in the Volatility 75! works for all synthetic index pairs ! and for all forex pairs! ideal for the pair Eur/Usd, Usd/Jpy! from now to enjoy good profit!!!!! World Investor.

Trend charges! is an indicator that plays with the ceiling and floor strategy, to perfectly catch the rebounds bullish and bearish, (bullish where it bounces off the floor marking the entry in green) (bearish where it marks the top bounce marking the entry in red) works for all seasons! Special for scalping 1 and 5 minutes! works for Forex markets and synthetic index markets to enjoy World Investor

Macd Neptune! It is a modified macd oscillator where it better captures sales and purchases the indicator clearly marks the crossing of moving averages, In addition to that, it marks the purchase and sale with each color, for sale marks the salmon line in the purchase mark the blue line where it gives you the signal changing color is giving you the entrance! It is used in any temporality, used for forex markets and synthetic indices good profit World Investor

Arrow Venus! is an oscillator that uses the strategy of crosses capturing the entry whether for sale or purchase where it can be seen in the photo, when the line crosses the blue line with the red one, marking the red arrow it's sale, when the blue line crosses the red one upwards and marks the blue arrow, it is a buy signal very good for scalping and long! used at any time for forex markets and synthetic indices

Fibo expert! It is an automatic fibonacci indicator. adapting to any temporality, to catch those rebounds, or the path of that trend, special to make longs in H1 or H4 clear the trend, but it also works for scalp in m1 up to m15 works for all forex pairs and for all pairs of synthetic indices, ideal for volatility 75 in synthetics no more to enjoy good profit World Investor.

Stock Mantra It is an oscillator that is used to hunt long trends, as can be seen in the mantra, it gives input when the lines are crossed, the blue line above crossing the red line gives entry for sale, When it is the other way around, crossing the blue line, the red one up gives a buy entry signal. super simple and effective! works for all forex pairs and synthetic indices! used in all seasons good profit World Investor

"AV Grid MT5" is an indicator for MetaTrader 5, which automatically displays round numbers as horizontal lines and a sensible period separation . Round prices can be used as support and resistance in trading. It is an improvement on the "Grid" setting, which also draws a grid on the chart. Improvements : - Round levels instead of arbitrary positioning of the horizontals - Structure by highlighting all x lines (main lines, 2 or 5 makes sense) - Vertical lines are each in two p

This is an indicator that shows total pips ,order counts and the total profit accumulated for the open orders of the pair attached. The colors change depending on if the total profit is positive , negative or zero. Contact: If you have some questions or if you need help, kindly contact me via Private Message. Author: A.L.I, fintech software engineer and a passionate forex trader.

Detect divergence (classic, hidden) price and all oscillator indicator include: RSI, CCI, MACD, OSMA, Stochastic, Momentum, Awesome Oscillator (AO), Accelerator Oscillator (AC), Williams Percent Range (WPR), Relative Vigor Index (RVI), Rate of Change (ROC). Confirm reversal with dochian channel for to improve signal quality. Divergence is when the price of an asset is moving in the opposite direction of a technical   indicator , such as an oscillator, or is moving contrary to other data. Diverge

This creative simple indicator will provide a precise framework for market sentiment within technical analysis of different timeframes. For instance, for traders like me that uses   "Mark Fisher"   strategy regularly, this is a perfect indicator for having an insight to markets from short term to long term point of view, using Break points of candles' lows and highs and perfect to combine with   "Price Action" . For more options and modifications you can also edit the low timeframe candles withi

The indicator is getting the four most important trading sessions: New York London Sydney Tokyo The indicator auto calculate the GMT time. The indicator has buffers that can be used to get the current session and the GMT. You can use it as stand alone indicator and you can turn the draw off and call it from your EA. INPUTS Max Day: Max days back to get/draw. London Session On: Show/Hide London Session. New York Session On: Show/Hide New York Session.  Sydney Session On: Show/Hide  Sydney Sessi

Fibonacci Pivots is a multi-timeframe indicator with custom alerts, designed to help traders easily identify key levels of support and resistance on any financial instrument. This advanced indicator uses the popular Fibonacci sequence to calculate pivot points based on the specified timeframe, depth, and backstep parameters. It also comes with customizable alerts. You can choose to be alerted when the price crosses any of the pivot points or when the price is within a specified frequency and pi

*Used by MeditionSeed EA.  Meditation is a practice in which an individual uses a technique – such as mindfulness, or focusing the mind on a particular object, thought, or activity – to train attention and awareness, and achieve a mentally clear and emotionally calm and stable state.[1][2][3][4][web 1][web 2] Plant a Meditation Seed to have wonderful future.

*Used by MeditionSeed EA.  Meditation is a practice in which an individual uses a technique – such as mindfulness, or focusing the mind on a particular object, thought, or activity – to train attention and awareness, and achieve a mentally clear and emotionally calm and stable state.[1][2][3][4][web 1][web 2] Plant a Meditation Seed to have wonderful future.

*Used by MeditionSeed EA.  Meditation is a practice in which an individual uses a technique – such as mindfulness, or focusing the mind on a particular object, thought, or activity – to train attention and awareness, and achieve a mentally clear and emotionally calm and stable state.[1][2][3][4][web 1][web 2] Plant a Meditation Seed to have wonderful future.

Correlation indicator is a trading indicator that compares price correlations on up to 8 different instruments simultaneously. This indicator is designed to be very versatile. It can be used to trade many different strategies from scalping to hedging to simple trend-following based on an average trend direction of multiple currency pairs or it can signal only when all the pairs correlate on the same side of a particular moving average. The indicator automatically applies the same moving average

HiLo Trend Matrix is an advanced multi-timeframe trend indicator that scans and analyzes multiple timeframes to determine the overall trend direction, allowing you to effortlessly ride the trend waves as they emerge. By scanning the four higher timeframes, starting from your current timeframe or a selected one from the input parameters, you'll always have a comprehensive view of the market's movements. And when the trend aligns, the HiLo Trend Matrix delivers an alert, so you can seize the oppo

This indicator closes the positions when Profit. This way you can achieve a goal without determine Take Profit.  Parameters: Profit: the amount of Dolllars you want to close when profit.  Just determine Profit section and open new positions. If Any of your positions reaches above Profit , Indicator will close automatically and you will recieve your Profit. 

The standard Heikin Ashi candle representation has an open value that is equivalent to an Exponential Moving Average (EMA) of the Total Price , of which the alpha value of the EMA is fixed at 0.5 (equivalent to an EMA period of 3.0). In this dynamic version, the period can be changed to whatever value one wishes to use, which also allows one to approximate multi-time-frame analysis, or use the low or high value as a sort of trailing stop-loss. The crossing of the real Close price over the Heikin

Define your own candlestick pattern and this indicator will show on the screen when this pattern appears You can test it for free in the Strategy Tester and see how many times your candlestick pattern appears on the asset of your choice You can also paint all candles of your pattern or just one This indicator is useful for candlestick analysis, for you to use in price action and with naked trade strategies. It is an indicator that shows the movement you choose How to Use the Indicators: AC AC[

MACD (short for Moving Average Convergence/Divergence) is one of the most famous and oldest indicators ever created and is widely used among   beginners . However, there is a newer version of the MACD that is named   Impulse MACD   which have less false signals than the standard MACD. Classic MACD helps us to identify potential   trends   by displaying   crossovers   between two lines. If MACD line crosses above the Signal line it shows us that the market is potentially   up   trending and that

FREE VERSION OF THE PRICE ACTION ADVANCED LEVELS  free on demo account. full product:  https://www.mql5.com/en/market/product/94338 Accurate horizontal support and resistance levels Accurate for price action analysis. All Markets: forex, stocks, indices, metals, commodities ,and crypto  Available for meta trader 5 Adjustable parameters inputs: For multiple timeframe analysis: adjust "analysis_timeframe"  accordingly "depth_of_retrenchments" represents how big the peaks or troughs are. "lookba

User Support Paid subscribers may request to join the WTGS Workshop @DB_WTI after emailing your Twitter handle and the proof of subscription to wtg.system.international@gmail.com . The System WTGS Navigator Saturn consists of six components: TrendFinder Saturn: Internal Trending   Confirmation   Titan: Internal Trending   Indicator Outer Ring: External Trending Indicator Inner Ring: External Trending Confirmation Data: The time-lapse of a trend on any given timeframe Disclaimers Although every

This Indicator is based on 4 Exponential Moving Averages ie. 3 EMA-32 (applied to prices close, high & low), and EMA-200 (indicating trend direction). The EMA32-200 produces quality buy and sell entries indicated by arrows and signal alert that appears whenever the price moves above the EMA-200 and returns below the EMA-32s and returns to break above the previous swing high triggering a high probability buy entry. The Sell conditions are the opposite of the buy conditions.

The indicator draws supply and demand zones. The zone timeframe can be set independently of the chart timeframe. For instance, it is possible to set M5 zones on an H4 chart. The importance of zones can be adjusted using the zone strength parameter. Demand zones are displayed if at least one candle in the range of the zone is entirely above the zone. Similarly, supply zones are displayed if at least one candle within the zone is entirely below the zone.

The 3 Candlestick Engulf indicator is a candlestick pattern indicator that considers the last 3 bearish candles for a Bullish Engulf candlestick pattern signal and last 3 bullish candlesticks followed by a Bearish Engulf candlestick pattern for a bearish signal. Engulfs are also presented in both trending and non-trending situations of the market though recommended to move with signals that are in line with the trend basing on the moving average. The indicator has multiple input features that yo

The Price Movement Strength indicator displays the direction and strength of the price change in the form of a candle on each price bar. If the indicator shows the closing level of the candle equal to zero on the current bar, then the price has not changed during bar. If the indicator shows a green candle, then the price of the trading instrument is growing, and vice versa, a red candle signals a price fall. Input parameters: The indicator has two parameters for setting buy/sell levels: BuyLevel

Unlike many other indicators including the moving average indicator, Pivot Point can be a leading indicator. In these systems, the price levels of the previous period are used to determine the critical points instead of relying on the current price performance. Such an approach provides a clear framework for traders to plan their trades in the best possible way. You can use this method and its combination with the methods you want to build and use a powerful trading setup. MT4 version Let us k

El indicador "Mega Spike Boom and Crash" es una herramienta diseñada para su uso en los índices sintéticos, específicamente en los pares Boom y Crash. Su propósito principal es identificar y trazar zonas que funcionan como niveles de soporte y resistencia en distintas temporalidades. La temporalidad mas recomendada para usar este indicador es en el marco de tiempo de 5 minutos  El precio de apertura de ( 1 H , 15 M , 30M )   horas  son los niveles de precios más importante del día. Representa

Shows min and max of last M5 Candle. Can be used to trade breakouts of last M5 candle.  The M5 Candle Breakout Strategy avoids to stay too long in a sindways phase. See documentation on  @swisstrader3713, where you can follow my live trading. The only parameters are the color of the lines defining the M5 stretch. Best use the indicator in M1 timeframe. The M5 Breakout Strategy has helped me to reduce overtrading.

The CCI Trend Dashboard is an advanced technical analysis tool available that provides a dashboard interface for traders to analyze multiple symbols and timeframes at once. It uses the Commodity Channel Index (CCI) in combination with currency strength and volumes to analyze market trends. The tool is user-friendly and suitable for both beginner and advanced traders. Note:  The values are derived from the CCI values of the respective symbol and timeframe using the specified period from the sett

Jowzy Fx G1   is the indicator designed to detect swings in the direction of the trend and possible reversal swings. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. This indicator shows Swing that is a strong hint for an excellent entry point and finds immediately with alarm and notification and also has stop loss and entry point with candlestick checking for eas

Jowzy Fx G2  support or resistance levels are formed when a market’s price action reverses and changes direction, leaving behind a peak or trough (swing point) in the market. Support and resistance levels can carve out trading ranges. The indicator identifies the Swing High and Swing Low based on X amount of bars ( Period ) defined in the indicator set. Main Features: Detect the best and  most successful point of trend or reversal trend Easy-to-use and user-friendly indicator NO  repaint Scan

Jowzy Fx G4     indicator is a universal tool, suitable for scalping and medium-term trading. This indicator uses an innovative formula and allows you to determine the direction and strength of the trend.   is not redrawn, so you can evaluate its efficiency using history data.   suitable for M5, M15, M30, H1 and H4 is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices

Accurate horizontal support and resistance levels Accurate for price action analysis. All Markets: forex, stocks, indices, metals, commodities ,and crypto  Available for meta trader 5 Adjustable parameters I think that's it  inputs: For multiple timeframe analysis: adjust "analysis_timeframe"  accordingly "depth_of_retrenchments" represents how big the peaks or troughs are. "lookback " represents the most recent number of candlesticks to consider "linecolor " is the color of the lines "lineweig

This indicator will identify when Fast Moving Averages (EMA, SMA, or LW) cross Slow Moving Average lines on any timeframe and with any symbol. When the moving averages cross and price close above or below the crossing, the User will receive an alert via pop-up, push, or email. Choose any two Moving Averages to cross to receive an alert and the Indicator will also paint the Moving Average Lines and Arrows. You can choose Exponential Moving Averages (EMA). Simple Moving Averages (SMA) or Lin

Optimized Trend Tracker OTT is an indicator that provides traders to find an existing trend or in another words to ser which side of the current trend we are on. We are under the effect of the uptrend in cases where the prices are above OTT , under the influence of a downward trend, when prices are below OTT it is possible to say that we are. The first parameter in the OTT indicator set by the two parameters is the period/length. OTT will be much sensitive to trend movements if i

This dynamic indicator will draw the Key Swing High and Low Levels for any symbol on any timeframe! User may Hide or Show any Level or Label and also Receive Alerts when price returns to that key level via Pop-Up, Push, Email or Sound. Levels include Current Day High/Low, Previous Day High/Low, Current Week High/Low, Previous Week High/Low and Monthly High/Low. The Levels are labeled with the Price Point Data Listed next to it for quick easy reference.  You can change the Style, Size an

The Intra Daily Range Projection indicator forecasts the current day’s price range on the basis of the previous day data. All calculations are based on the book “New Science of Technical Analysis” by Thomas R. DeMark. When you're analyzing investments, the trading range is a valuable analytical tool. The average trading range is the average distance between the high and the low over a specified period of time. You can calculate the average high-low range on a piece of paper, a spreadsheet, o

Phase accumulation adaptive bandpass filter MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data. Phase accumulation adaptive bandpass filter MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Based on this information, traders can assume further price movement and adjust their strategy accordingly.

Introducing the Advanced VWAP tool - an essential technical analysis indicator that can help you identify trend directions and locate price extremas with multipliers. Designed to suit the needs of both traders and EA developers, this tool features customizable parameters that allow you to tailor it to your specific trading style. With Advanced VWAP, you have the ability to customize the colors and styles of all bands to your liking. If you don't require any bands, you can simply set their values

Welcome to the Advanced Gartley Pattern recognition indicator  This indicator detects gartley pattern based on HH and LL of the price structure and Fibonacci Levels , and when certain fib levels are met the indicator will show the pattern on the chart.  MT4 Version :  WH Advanced Gartley Pattern MT4 **This Indicator is a part of combo Ultimate Harmonic Patterns MT5 , which include all the pattern recognition.**  Features : Advanced Algorithm for detecting the Gartley pattern with high Accuracy

The TrendChangeZone indicator displays global and local price highs and lows on the chart.   The indicator also shows the global trend on the chart and corrective waves.   This indicator is designed to determine the direction and change the trend.   Most importantly, the indicator shows trend continuation or reversal zones.   An indispensable assistant in trading.   The indicator does not redraw.   The indicator can work on all trading instruments. Important !!! Top trend if 2 (two) or more b

The Color Candles Indicator uses custom colors to highlight candles that follow the main market trend, based on the Moving Average. This simplifies the analysis of price movements, making it clearer and more direct. When the price is above the rising Moving Average, candles are highlighted indicating a BUY opportunity. When the price is below the declining Moving Average, candles are highlighted indicating a SELL opportunity. Input Parameters : Period Method Applied Price The moving avera

This indicator is based on the original “ Time Segmented Volume (TSV) ” developed by Worden Brothers, Inc . However, I added an extra few features to this one. One can choose the price to be applied, instead of only having the default close price used by the original. One can also choose which volume weighting to use, including a pseudo-volume based on true range, or no volume weighting at all.

This indicator implements the original “ Average True Range (ATR) ” developed by John Welles Wilder Jr. , as described in his book— New Concepts in Technical Trading Systems [1978] . It uses Wilder’s moving average , also known as the smoothed moving average (SMMA) , instead of a simple moving average (SMA) as used on MetaTrader’s built-in ATR indicator. The default period applied is 7, instead of 14, as per the description in his book.

This indicator was inspired by John Welles Wilder's average true range (ATR) , but with some extra information. Similarly, it calculates the exponential moving average of the true range, but using the standard alpha weight instead of Wilder's . It also calculates the average deviation of the range average, and displays it as an offset. This helps not only identify a change more quickly, but also its impact.

SUPERTREND; It is a trend following indicator based on the SuperTrend ATR created by Olivier Seban. It can be used to detect changes in trend direction and locate stops. When the price falls below the indicator curve, it turns red and indicates a downtrend. Conversely, when the price moves above the curve, the indicator turns green, indicating an uptrend. Like other indicators, it works well on SuperTrend when used in conjunction with other indicators such as MACD, parabolik SAR, Bollinger Band

Price DNA is a trend indicator that makes use of Compound Ratio Weighted Moving Averages to reduce lags and enable early detection of trends. The indicator does not repaint and can be applied to any financial instrument in any timeframe. How does Price DNA Work? The indicator will display multiple waves on the chart, which indicate the direction of the current trade. Five green or five red waves indicate a strong bullish or bearish trend respectively. Based on your individual trading style, yo

This indicator is based on the original ZigZag provided as a source code example with MetaTrader installations. I rewrote it with some extra features for displaying the “depth” channel and the respective break-outs. It also allows one to observe prior zig-zag points. Optionally, it can alert the user when break-outs occur. The alerts can be simply on the terminal or also via push notifications on a mobile device, with your own custom text.

Signaling is a very interesting trend indicator. The Destroyer of Chaos indicator helps to identify either a new or an existing trend. One of the main definitions for monitoring the currency market is a trend, which is why this indicator was created. Its signals are based on a reliable algorithm. When used simultaneously on multiple timeframes, this indicator truly "makes the trend your friend". With it, you can follow trends on multiple timeframes in real time. One of the advantages of the indi

Provided Trend is a complex signal formation indicator. As a result of the work of internal algorithms, you can see only three types of signals on your chart. The first is a buy signal, the second is a sell signal, and the third is a market exit signal. Options: CalcFlatSlow - The first parameter that controls the main function of splitting the price chart into waves. CalcFlatFast - The second parameter that controls the main function of splitting the price chart into waves. CalcFlatAvg - Par

We publish the indicator as a useful tool in trading and call this indicator the "Swiss Army Knife" because it provides many possibilities and combinations to help understand the material on the "Masters of Risk" trading system. The indicator itself is not part of the tools used in the "Masters of Risk" trading system. The indicator consists of 3 separate multi-timeframe indicators, which in combination with each other help to reduce the "noise" of false signals. The first of the indicators ar

This indicator allows you to measure retracements of price between any two points in either direction. It displays the price points, percentages and also displays the extension levels. User may Modify and Add addition levels and extensions." User may also Add multiple Fibonacci indicators on the chart and change their colors, style and sizes. Can be used on any timeframe. This is the only Fibonacci Tool you'll need to measure and trade on Structure. MT4 Version Available as well. ADDI

The Trend A indicator is a forward-looking arrow indicator that reliably tracks the market trend, ignoring sharp market fluctuations and noise around the average price. It catches the trend and shows favorable moments of entering the market with arrows. The indicator can be used both for pipsing on short periods and for long-term trading. The indicator implements a kind of technical analysis based on the idea that the market is cyclical in nature.

Impulse Fibo indicator is used to determine price levels after some price impulse occurs. How to use it you can see in screenshots and video. In the indicator setup you can fix two different setups for two different patterns. For drawing convenience also two different rectangles can be easy put on the screen to draw support/resistance levels. . Inputs Draw pattern 1 Line color - choose color from dropdown menu Line style - choose style from dropdown menu Line width - enter integer number 1,2

Perfect Sniper! is a triple indicator with support resistance detection, downtrend channel, uptrend channel Bands included! where he hunts the rebounds in the red lines for sale, in the green lines mark purchase, in the lower bands that are the breaks gives another second entry either buy or sell, perfect to take advantage of the double entrance, It is used in any temporality, It is used to scalp and long on h1 or h4 to D1. It works for Forex markets, All pairs. It is used for the synthetic inde

BandSniper! band indicator , programmed %100 to hunt rebounds on the bands both bounce for the downside and bounce for the upside,, It serves to hunt trends too! where you can see in the photo marked with arrows the buy and sell signals. can be used at any time, Ideal for scalping and long h1 or h4! works for all Forex pairs! and for all pairs of synthetic indices ! World Investor. Good profit

One of the basic needs of every trader is to have a checklist to enter every position. Of course, using pen and paper may not be convenient forever. With this indicator, you can have a small checklist next to the screen for each of your charts and use it for better use in your trades. By pressing the r button, you can return everything to the original state. MT4 Version This indicator will have many updates and special settings will be added to it. You can contact us via Instagram, Telegram

Máquina Trader Tendência Count on our trend tracker to carry out your operations on the Mini Index and the Mini Dollar!!! Operational Green is BUY and Pink is SELL!!! Enter the operation after closing the first color block!!! Developed and Tested on the 5 or 15 minute Chart for Mini Index and Mini Dollar!!! Can be used on any chart!!! Editable colors and period!!!

Trend Fibonacci is a unique indicator that combines a power of Fibonacci sequences and ranges. Channel Group:   Click Here How to read: - There are three zones --> red, gold and green - Red candlestick = downtrend - Green candlestick = uptrend   - Gold candlestick = no established trend Inputs: Per = number of bars used for calculations FirstRatio = first Fibonacci ratio (Or use any ratio you want) SecondRatio = second Fibonacci ratio (Or use any ratio you want) !! IF YOU PURCHASE TH

This is a rate of change chart from the baseline. features. comparison of max 5 symbols. free baseline with drag. free timeframes of the sub window. reverse chart selectable if you need. i.e. set symbols "-US100"   notes In the sub window, you can't believe datetime on the chart, because the numbers of bars are different. You can check the baseline if you click symbol name.  The dragged baseline is temporary. You must set it to indicator's parameter if you need.

Magnetic levels for MT5 is a great addition to your trading strategy if you use support and resistance levels, supply and demand zones. The price very often gives good entry points to the position exactly at the round levels and near them. The indicator is fully customizable and easy to use: -Choose the number of levels to be displayed -Choose the distance Between The levels -Choose the color of the levels. Can be added to your trading system for more confluence. Works very well when combin

The Daily Range ATR ADR Reversal Indicator shows you where price is currently trading in relation to its normal average daily range. You will received alerts via pop-ups when price exceeds its average daily range. This will enable you to identify and trade pullbacks and reversals quickly. The Indicator also shows you the Daily Range of Price for the current market session as well as previous market sessions. It shows you the ATR which is the average range of pips that a candle may move in that

This indicator calculate trendline base on high, low of two period: fast and slow. From that, we have two line for fast signal and low signal. We tested many time on many assets, in most case, when fast signal crossup slow signal, price going up and vice verser.  We also add alert function when two signal line crossed.  For most effecient, user can change fast and slow period in setting. This indicator is good advice for price move. It better when combine with other trend indicator. For me, i us

An oscillator that shows price changes and identifies areas of overbought and oversold. It can also show trend reversal points. WaveTrend Oscillator is a port of a famous TS /MT indicator. When the oscillator is above the overbought band (red lines) and crosses down the signal (solid line), it is usually a good SELL signal. Similarly, when the oscillator crosses above the signal when below the Oversold band (green lines), it is a good BUY signal. Good luck.

Flags and pennants can be categorized as continuation patterns.  They usually represent only brief pauses in a dynamic market.  They are typically seen right after a big, quick move.  The market then usually takes off again in the same direction.  Research has shown that these patterns are some of the most reliable continuation patterns. Bullish flags are characterized by lower tops and lower bottoms, with the pattern slanting against the trend. But unlike wedges, their trendlines run parallel.

This is a very simple indicator and easy to use for everyone. However, it's very visual, useful and effective. It is suitable for every Forex symbol and any timeframe. But from my testing and investigation, I do not recommend to use it with timeframes M1, M5, M15.  Setting. - Choose alert On/Off ( default ON). - Select time ( seconds) between 2 alerts . Default is 30 seconds  How it works? Uptrend—When color of the bar is Green. Downtrend—When color of the bar is Orange. A reversal happens if co

To get access to MT4 version please click here . This is the exact conversion from TradingView: "Supertrend" by " KivancOzbilgic ". This is a light-load processing and non-repaint indicator. You can message in private chat for further changes you need. Here is the source code of a simple Expert Advisor operating based on signals from  Supertrend . #include <Trade\Trade.mqh> CTrade trade; int handle_supertrend= 0 ; input group "EA Setting" input int magic_number= 123456 ; //magic number input dou