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New Technical Indicators for MetaTrader 5 - 59
Signals from technical indicators play a crucial role in opening and closing deals on stock and Forex markets. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting future price changes.
Test technical indicators to better predict market behavior and profit from it.
Two Period RSI + Alerts compares long-term and short-term RSI lines, and plots a fill between them for improved visualization. Fill is colored differently according to an uptrend (short period RSI above long period RSI) or a downtrend (short period RSI below long period RSI). Short-term RSI crossing long-term RSI adds a more robust trend confirmation signal than using single period RSI alone. This is a tool to help visualize and confirm RSI trends. We hope you enjoy!
Alerts Email, message, and
"Wouldn't we all love to reliably know when a stock is starting to trend, and when it is in flat territory? An indicator that would somehow tell you to ignore the head fakes and shakeouts, and focus only on the move that counts?" The Choppiness Index is a non-directional indicator designed to determine if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction). It is an oscillating indicator between -50 (very trendy) and +50 (very choppy). There are man
Dash is a histogram indicator, which measures the rate of price change and determines the overbought and oversold levels. The indicator uses price extremums for the previous periods and calculates the ratio between the current price and extremums. Therefore, the only parameter is Period , which sets the number of bars to determine extremums. A long position can be opened when the red lines of the indicator start leaving the oversold area and break the -1 level upwards. A short position can be op
如果产品有任何问题或者您需要在此产品上添加功能,请联系我 Contact/message me if you encounter any issue using the product or need extra feature to add on the base version.
This indicator helps to visualize the Stochastic status of 28 pairs. With the feature of color panel, alert, and notification features, user can catch the potential buy and sell opportunities when the 28 main pairs cross the oversold/overbought area on one Dashboard quickly. Dashboard Stochastic is an intuitive and handy graphic tool to help you to moni
The DEMA Crossing indicator displays the intersection of two DEMA (Double Exponential Moving Average) - fast and slow. The intersection area is filled in blue, when the fast DEMA is above the slow DEMA. The intersection area is filled in red, when the fast DEMA is below the slow DEMA. The advantage of the DEMA moving average is that it eliminates false signals at the saw-toothed price movement and allows saving a position at a strong trend. The indicator clearly defines the trend direction and p
The CCI Crossing indicator displays the intersection of two CCI (Commodity Channel Index) indicators - fast and slow - in a separate window. The intersection area is filled in blue, when the fast CCI is above the slow CCI. The intersection area is filled in red, when the fast CCI is below the slow CCI. This indicator is a convenient tool for measuring the deviations of the current price from the statistically average price and identifying overbought and oversold levels. The indicator can work on
Exclusive Oscillator is a new trend indicator for MetaTrader5, which is able to assess the real overbought/oversold state of the market. It does not use any other indicators, it works only with the market actions. This indicator is easy to use, even a novice trader can use it for trading. Exclusive Oscillator for the MetaTrader 4 terminal : https://www.mql5.com/en/market/product/22238 Advantages of the indicator Generates minimum false signals. Suitable for beginners and experienced traders. S
Exclusive Stairs is a trend indicator for the MetaTrader 5 platform. Its operation algorithm is based on moving averages, processed by special filters and price smoothing methods. This allows the Exclusive Stairs to generate signals much earlier than the conventional Moving Average. This indicator is suitable both for scalpers when used on the smaller timeframes and for traders willing to wait for a couple of days to get a good trade. Exclusive Stairs for the MetaTrader 4 terminal : https://ww
The FRAMA Crossing indicator displays on a chart two FRAMAs (Fractal Adaptive Moving Average) and paints their crossing areas in different colors – blue (buy) and red (sell). FRAMA follows strong trend movements and slows down significantly during price consolidation. The indicator clearly defines the trend direction and power and simplifies the perception of market signals. The indicator can work on any timeframes may be useful in the strategies involving two moving averages' crossing method. T
Multi timeframe ZigZag indicator. It displays the support/resistance horizontal lines and their breakouts, as well as draws the current targets of the market. It can also display lines of the Fractals indicator and candles from other periods (up to Quarterly). So, you can actually see the supply and demand levels. You can also use it as indicator for the Break of Structure(BOS) & Market Structure Shift(MSS). The indicator redraws the last (current) point, and in some cases can change the last 2
The indicator automatically draws the Fibonacci levels based on ZigZag indicator, Trading Sessions, Fractals or Candles (including non-standard timeframes: Year, 6 Months, 4 Months, 3 Months, 2 Months) ( Auto Fibo Retracement ). You can choose any higher time frame for Fibonachi calculation.
The levels are redrawn every time the current bar closes. It is possible to enable alerts when crossing the specified levels. You can also analyze levels in history. To do this, it is necessary to specif
Identifying the trend of the market is an essential task of traders. Trendometer implements an advanced algorithm to visualize the trend of the market. The major focus of this indicator is to evaluate the market in the lower time frames (i.e., M1, M5 and M15) for the scalping purposes. If you are a scalper looking for a reliable indicator to improve your trade quality, Trendometer is for you. The indicator runs on a separate window showing a histogram of red and green bars. A two consecutive gre
P-Channel is a technical indicator determining the current Forex market status - trend or flat. The indicator is able to work on any timeframes, but H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the middle line. The upper and lower lines can serve as the resistance and support levels. Sell when the price reaches the upper line, and buy when the price reaches the lower line. It is recommended to use a small st
The indicator has been designed for use on FORTS, but it can also work on other markets, at brokers broadcasting the required data. A peculiarity of these data is that they cannot be requested from the broker's server as a section of history, but can only be obtained for the current moment. The indicator periodically requests the broker, collects to a file and displays the following history from the stored file: The weighted average price. The volume of buy pending orders. The volume of sell pen
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Labor is a technical analysis indicator defining trend direction and power, as well as signaling a trend change. The indicator is based on a modified EMA (Exponential Moving Average) with an additional smoothing filter. The indicator works on any timeframe. The uptrend is shown as a blue line, while a downtrend - as a red one. Close a short position and open a long one if the line color changes from red to blue. Close a long position and open a short one if the line color changes from blue to re
The AIS Weighted Moving Average indicator calculates weighted moving average, allowing to determine the beginning of market trend. Weights are calculated taking into account the specific characteristics of each bar. This allows filtering random market movements. The main signal, confirming the beginning of a trend, is change in the direction of indicator line movement and the intersection of the indicator lines with the indicator price. WH (blue line) - the weighted average High price. WL (red l
Nowadays a lot of traders need to open more positions for the same pair, because one position is not usually the best possible position. Thus a lot of trades are accumulated, sometimes with different lot sizes, and it is not easy to calculate the breakeven price of all opened positions. For solving this issue the Breakeven Price indicator was created. Breakeven Price is an MT5 indicator which calculates real time the breakeven price of all Buy & Sell positions opened by trader or EAs. It shows r
The standard Bollinger Bands indicator has been improved by integrating additional indications from the Standard Deviation indicator (StdDev), which gives an additional filter for confirming trading signals. In addition, the color of the indicator's lines shows the beginning of a trend, its development and exhaustion. This indicator has a signal block that notifies the trader of the beginning of the trend on any time frame to which it is attached.
Settings Type of messages - select the type of
D-Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator is based on DEMA (Double Exponential Moving Average). The advantage of DEMA is that it eliminates false signals at the saw-toothed price movement and allows saving a position at a strong trend. The indicator can work on any timeframe, though H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the average line.
Stips is a histogram indicator that determines trend direction and strength, as well as trend changes. The indicator can be used as a normal oscillator, i.e. analyze its trend change signals (crossing the zero line), as well as divergence and exit from overbought and oversold zones. The indicator uses extreme prices of previous periods and calculates the ratio between the current price and extreme values. Therefore its only parameter is Period (default is 13), which sets the number of bars to de
F-Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator is based on FRAMA (Fractal Adaptive Moving Average). The FRAMA follows strong trend movements and slows down significantly during price consolidation. The indicator is able to work on any timeframes, but H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the middle line. The upper and lower lines can serve as
The Unda indicator determines the trend direction and strength, as well as signals about trend changes. The indicator uses price extremums for the previous periods and calculates the ratio between the current price and extremums. Therefore, the only parameter is Period (default = 13), which sets the number of bars to determine extremums. The higher the Period, the less the number of signals about trend changes, but the greater the indicator delay. Uptrends are shown by blue color of the indicato
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FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time.
You'll see at a glance at which dire
Full Market Dashboard (Multi Pair And Multi Time Frame) : ---LIMITED TIME OFFER: NEXT 25 CLIENTS ONLY ---46% OFF REGULAR PRICE AND 2 FREE BONUSES ---SEE BELOW FOR FULL DETAILS One of the biggest advantages the institutions have, is their access to enormous amounts of data.
And this access to so much data, is one of the reasons they find so many potential trades.
As a retail trader, you will never have access to the same type (or amount) of data as a large institution.
But we created this
Ultimate Double Top Scanner (Multi Pair And Multi Time Frame) : ---LIMITED TIME OFFER: NEXT 25 CLIENTS ONLY ---46% OFF REGULAR PRICE AND 2 FREE BONUSES ---SEE BELOW FOR FULL DETAILS Any major price level that holds multiple times, is obviously a level that is being defended by
the large institutions. And a strong double top pattern is a clear indication of institutional interest.
Double top patterns are widely used by institutional traders around the world. As they allow you to manage
Ultimate Trend Finder (Multi Pair And Multi Time Frame) : ---LIMITED TIME OFFER: NEXT 25 CLIENTS ONLY ---46% OFF REGULAR PRICE AND 2 FREE BONUSES ---SEE BELOW FOR FULL DETAILS Institutional traders use moving averages more than any other indicator. As moving averages offer a quick
and clear indication of the institutional order flow. And serve as a critical component in the decision making
within numerous institutional trading rooms.
Viewing the market through the same lens as the i
Ultimate Breakout Scanner (Multi Pair And Multi Time Frame) : ---LIMITED TIME OFFER: NEXT 25 CLIENTS ONLY ---46% OFF REGULAR PRICE AND 2 FREE BONUSES ---SEE BELOW FOR FULL DETAILS Breakout trading is one of the most popular trading approaches used in the institutional trading world.
As it takes advantage of the never ending phenomena of price expansion and contraction (through volatility) .
And this is how institutional traders are able to take advantage of explosive moves in the market .
Ultimate Divergence Scanner (Multi Pair And Multi Time Frame) : ---LIMITED TIME OFFER: NEXT 25 CLIENTS ONLY ---46% OFF REGULAR PRICE AND 2 FREE BONUSES ---SEE BELOW FOR FULL DETAILS It is a widely known market principle that momentum generally precedes price.
Making divergence patterns a clear indication that price and momentum are not in agreement.
Divergence patterns are widely used by institutional traders around the world. As they allow you to manage
your trades within strictly de
Ultimate Reversal Scanner (Multi Pair And Multi Time Frame) : ---LIMITED TIME OFFER: NEXT 25 CLIENTS ONLY ---46% OFF REGULAR PRICE AND 2 FREE BONUSES ---SEE BELOW FOR FULL DETAILS Reversal patterns are some of the most widely used setups in the institutional trading world.
And the most (statistically) accurate pattern of them all is called the ' Three Line Strike '. According to Thomas Bulkowski ( best selling author and a leading expert on candlestick patterns ),
the ' Three Line Strike '
Ultimate Pinbar Scanner (Multi Pair And Multi Time Frame) : ---LIMITED TIME OFFER: NEXT 25 CLIENTS ONLY ---46% OFF REGULAR PRICE AND 2 FREE BONUSES ---SEE BELOW FOR FULL DETAILS A strong pinbar is clear evidence that the institutions are rejecting a particular price level.
And the more well defined the pinbar, the higher the probability that the institutions will
soon be taking prices in the opposite direction.
Pinbar patterns are widely used by institutional traders around the world.
Ultimate Range Trade Scanner (Multi Pair And Multi Time Frame) : ---LIMITED TIME OFFER: NEXT 25 CLIENTS ONLY ---46% OFF REGULAR PRICE AND 2 FREE BONUSES ---SEE BELOW FOR FULL DETAILS The FX market is range bound at least 70% of the time. And many of the largest institutions
in the world focus on range trading. Such as BlackRock and Vanguard , who have a combined
$15 TRILLION under management.
Range trading has several distinct advantages that make it safer and more predictable
than mos
Ultimate Pivot Point Scanner (Multi Pair And Multi Time Frame) : ---LIMITED TIME OFFER: NEXT 25 CLIENTS ONLY ---46% OFF REGULAR PRICE AND 2 FREE BONUSES ---SEE BELOW FOR FULL DETAILS For over 100 years (since the late 19th century), floor traders and market makers have used pivot points
to determine critical levels of support and resistance. Making this one of the oldest and most widely used
trading approaches used by traders around the world.
Due to their widespread adoption, pivot point
Ultimate Consecutive Bar Scanner (Multi Pair And Multi Time Frame) : ---LIMITED TIME OFFER: NEXT 25 CLIENTS ONLY ---46% OFF REGULAR PRICE AND 2 FREE BONUSES ---SEE BELOW FOR FULL DETAILS Unlike the equity markets which tend to trend for years at a time, the forex market is a stationary time series.
Therefore, when prices become severely over extended, it is only a matter of time before they make a retracement.
And eventually a reversal. This is a critical market dynamic that the institution
Round Numbers And Psychological Levels (Multi Pair And Multi Time Frame) : ---LIMITED TIME OFFER: NEXT 25 CLIENTS ONLY ---46% OFF REGULAR PRICE AND 2 FREE BONUSES ---SEE BELOW FOR FULL DETAILS Studies show that more orders end in '0' than any other number. Also know as 'round numbers', or 'psychological levels',
these levels act as price barriers where large amounts of orders will generally accumulate. And the larger the number,
the larger the psychological significance. Meaning that even
The indicator automatically identifies the 1-2-3 pattern on the chart. The indicator is able to monitor the formation of pattern in real time. It informs the trader when the pattern is completely formed (when the price breaks the line in point 2) and displays the completed patterns in history. The patterns are never redrawn. The indicator can identify patterns on any instruments (currency pairs, stock market, gold, etc.) without the need to adjust to each instrument. Simple and clear visualizati
The indicator analyzes the volume scale and splits it into two components - seller volumes and buyer volumes, and also calculates the delta and cumulative delta. The indicator does not flicker or redraw, its calculation and plotting are performed fairly quickly, while using the data from the smaller (relative to the current) periods. The indicator operation modes can be switched using the Mode input variable: Buy - display only the buyer volumes. Sell - display only the seller volumes. BuySell -
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The new version of MirrorSoftware 2021 has been completely rewriten and optimized.
This version requires to be loaded only on a single chart because it can detect all actions on every symbol and not only the actions of symbol where it is loaded.
Even the graphics and the configuration mode have been completely redesigned. The MirrorSoftware is composed of two components (all components are required to work): MirrorController (free indicator): This component must be loaded into the MAST
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RFX Forex Strength Meter is a powerful tool to trade 8 major currencies in the Forex market, U.S. Dollar ( USD ) European Euro ( EUR ) British Pound ( GBP ) Swiss Franc ( CHF ) Japanese Yen ( JPY ) Australian Dollar ( AUD ) Canadian Dollar ( CAD ) New Zealand Dollar ( NZD )
The indicator calculates the strength of each major currency using a unique and accurate formula starting at the beginning of each trading day of your broker. Any trading strategy in the Forex market can be greatly improved
The Grab indicator combines the features of both trend indicators and oscillators. This indicator is a convenient tool for detecting short-term market cycles and identifying overbought and oversold levels. A long position can be opened when the indicator starts leaving the oversold area and breaks the zero level from below. A short position can be opened when the indicator starts leaving the overbought area and breaks the zero level from above. An opposite signal of the indicator can be used for
Linear Regressions Convergence Divergence is an oscillator indicator of a directional movement plotted as a difference of two linear regressions with lesser and greater periods. This is a further development of the ideas implemented in the standard MACD oscillator. It has a number of advantages due to the use of linear regressions instead of moving averages. The indicator is displayed in a separate window as a histogram. The signal line is a simple average of the histogram. The histogram value a
The indicator plots charts of profit taken at the Close of candles for closed (or partially closed) long and short positions individually. The indicator allows to filter deals by the current symbol, specified expert ID (magic number) and the presence (absence) of a substring in a deal 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 positions at th
The Regression Momentum is an indicator of directional movement, built as the relative difference between the linear regression at the current moment and n bars ago. The indicator displays the calculated Momentum in a separate window as a histogram. The signal line is a simple average of the histogram. The histogram value above 0 indicates an uptrend. The higher the value, the stronger the trend. A value below 0 indicates a downtrend. The lower the value, the stronger the downtrend. Intersection
The indicator displays in a separate window a price chart as Heiken Ashi candlesticks with a periodicity below a minute. Available periods (seconds): 30, 20, 15, 12, 10, 6, 5, 4, 3, 2, 1. It is possible to select the base price for calculations.
Parameters Time frames - the period of candlesticks in seconds. Price levels count - the number of price levels on a chart. Applied price - the price used in calculations. Buffer number: 0 - Heiken Ashi Open, 1 - Heiken Ashi High, 2 - Heiken Ashi Low,
An analogue of the Stochastic oscillator based on algorithms of singular spectrum analysis (SSA) SSA is an effective method to handle non-stationary time series with unknown internal structure. It is used for determining the main components (trend, seasonal and wave fluctuations), smoothing and noise reduction. The method allows finding previously unknown series periods and make forecasts on the basis of the detected periodic patterns. Indicator signals are identical to signals of the original i
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The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Indicator Parameters Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Type of i
The indicator shows harmonic patterns on the chart without repainting with the minimum possible lag. The search for indicator tops is based on the wave principle of price analysis. Advanced settings allow you to choose parameters for your trading style. At the opening of a candle (bar), when a new pattern is formed, an arrow of the probable direction of the price movement is fixed, which remains unchanged. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butter
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. This indicator is not repainted and not 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 predicted for the current bar l_EC - Low value predicted for the current bar
Signals for the indicator The main channel signal is
Was: $99 Now: $34 Blahtech Daily Range indicator displays the average daily range alongside the individual session ranges. Using the daily open price as a reference the indicator shows fixed range and dynamic range targets as lines on the charts. These lines clearly show when the average range has been exhausted. Daily and session ranges can be useful for confirming entries or setting targets and is an excellent odds enhancer for many trading systems. Links [ Documentation | Install |
It is the MQL5 version of zero lag MACD that was available for MT4 here: https://www.mql5.com/en/code/9993 Also there was a colored version of it here but it had some problems: https://www.mql5.com/en/code/8703 I fixed the MT4 version which has 95 lines of code. It took me 5 days to write the MT5 version.(reading the logs and testing multiple times and finding out the difference of MT5 and MT4!) My first MQL5 version of this indicator had 400 lines of code but I optimized my own code again and n
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The indicator displays a matrix of indicators across multiple timeframes with a sum total and optional alert. Custom indicators can also be added to the matrix, in a highly configurable way. The alert threshold can be set to say what percentage of indicators need to be in agreement for an alert to happen. The alerts can turned on/off via on chart tick boxes and can be set to notify to mobile or sent to email, in addition to pop-up. The product offers a great way to create an alert when multiple
如果产品有任何问题或者您需要在此产品上添加功能,请联系我 Contact/message me if you encounter any issue using the product or need extra feature to add on the base version.
To access the free demo version, please re-direct to this LINK . To access the single pair version, please re-direct to this LINK . Price is likely to pullback or breakout at important support and/or resistance. This dashboard is designed to help you monitor these critical support and resistance area. Once price moves close to these important support an
Linear Regression Angle is a directional movement indicator which defines a trend at the moment of its birth, and additionally defines trend weakening. The indicator calculates the angle of the linear regression channel and displays it in a separate window in the form of histogram. The signal line is a simple average of the angle. The angle is the difference between the right and left edges of regression (in points), divided by its period. The angle value above 0 indicates an uptrend. The higher
Addition to the standard Relative Strength Index (RSI) indicator, which allows to configure various notifications about the events related with the indicator. For those who don't know what this indicator is useful for, read here . This version is for MetaTrader 5, MetaTrader 4 version - here . Currently implemented events: Crossing from top to bottom - of the upper signal level (default - 70) - sell signal. Crossing from bottom to top - of the upper signal level (default - 70) - sell signal. Cro
The Moving Averages Convergence/Divergence indicator displays information simultaneously from different periods in one subwindow of the chart.
Parameters Fast EMA — period for Fast average calculation. Slow EMA — period for Slow average calculation. MACD SMA — period for their difference averaging. Type of price — price used. Timeframes for MACD — list of periods, separated by a space or comma or semicolon. Number of bars for each period — the number of bars displayed for each period. Sort per
如果产品有任何问题或者您需要在此产品上添加功能,请联系我 Contact/message me if you encounter any issue using the product or need extra feature to add on the base version.
To access the free demo version, please re-direct to this LINK . To access the dashboard version, please re-direct to this LINK . Critical Support and Resistance is an intuitive, and handy graphic tool to help you to monitor and manage critical support and resistance price point easily with one glance to know status of all important S&R. Price is likely
如果产品有任何问题或者您需要在此产品上添加功能,请联系我 Contact/message me if you encounter any issue using the product or need extra feature to add on the base version.
PA Touching Alert is a tool to free you from watching price to touch certain critical price levels all day alone. With this tool, you can set two price levels: upper price and lower price, which should be greater than/less than the current price respectively. Then once price touches the upper price or lower price, alert and/or notification would be sent
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如果产品有任何问题或者您需要在此产品上添加功能,请联系我 Contact/message me if you encounter any issue using the product or need extra feature to add on the base version.
Floating Highest Lowest MT5 provides you an intuitive and user-friendly method to monitor the floating highest (profit) and lowest (loss) that all your trades together ever arrive. For example, I opened 3 orders, which arrived at $4.71 floating profit when trade following trend. Later when the trend is against me, these 3 orders arrive $30 in loss, and
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Multi-timeframe indicator Relative Strength Index displays information simultaneously from different periods in one subwindow of the chart.
Parameters Period of averaging — averaging period for the RSI calculation. Type of price — price used. Timeframes for RSI — list of periods, separated by a space or comma or semicolon. Number of bars for each period — the number of bars displayed for each period. Sort periods — sort periods if they are listed in no particular order. Current period first —
Stochastic Oscillator displays information simultaneously from different periods in one subwindow of the chart.
Parameters %K Period — K-period (number of bars for calculations). %D Period — D-period (period of first smoothing). Slowing — final smoothing. Method — type of smoothing. Price field — stochastic calculation method . Timeframes for Stochastic — list of periods, separated by a space or comma or semicolon. Number of bars for each period — the number of bars displayed for each period.
Multi-timeframe indicator Commodity Channel Index displays information simultaneously from different periods in one subwindow of the chart.
Parameters Period of averaging — averaging period for the CCI calculation. Type of price — price used. Timeframes for CCI — list of periods, separated by a space or comma or semicolon. Number of bars for each period — the number of bars displayed for each period. Sort periods — sort periods if they are listed in no particular order. Current period first —
The new product Time IV (2013) is an updated version of Time III introduced earlier in the Market. The indicator displays the work time of world marketplaces in a separate window in a convenient way. The indicator is based on the TIME II (VBO) indicator rewritten in MQL5 from a scratch. The new version Time IV is a higher quality level product. Comparing to Time III it consumes less resources and has optimized code. The indicator works on Н1 and lower timeframes.
Adjustable parameters of the i
This indicator shows the value of returns in the selected time frame
They are calculated as logarithm of returns , rather than price or raw returns. For small returns, arithmetic and logarithmic returns will be similar. The benefit of using returns, versus prices, is normalization. It is possible measures all variables in a comparable metric despite originating from price series of unequal values
Inputs You can display data both as a Histogram or a Line It's also possible to display the
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The indicator displays in a separate window a price chart as bars or Japanese candlesticks with a periodicity below a minute. Available periods (seconds): 30, 20, 15, 12, 10, 6, 5, 4, 3, 2, 1. The display mode (bars or candlesticks) is switched by clicking on the chart.
Parameters Period in seconds - the period of bars in seconds Price levels count - the number of price levels on a chart Buffer number: 0 - Open, 1 - High, 2 - Low, 3 - Close, 4 - Color.
The indicator calculates the inclination angle between the Highs, Lows and Closes of adjacent bars. The angle can be measured in degrees or radians. A linear graph or a histogram is drawn in a subwindow. You can set the scale for the calculation — floating or fixed. For use in Expert Advisors or indicators, you need to specify a fixed scale.
Parameters Angular measure — degrees or radians. Scale mode for calculation — scaling mode. Free scale — free transformation, the indicator will calculate
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The indicator displays profit (loss) on the current symbol. You can freely drag and drop the line to display the current profit or loss.
Parameters Calculation in money or in points — calculate the profit/loss in points or money. Add pending orders to calculate — take pending orders into account in calculations. Magic Number (0 - all orders on symbol) — magic number, if it is necessary to evaluate specific orders. Offset for first drawing (points from the average price) — offset of the line f
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The indicator builds a moving line based on interpolation by a polynomial of 1-4 powers and/or a function consisting of a sum of 1-5 sine curves. Various combinations are possible, for example, a sum of three sine curves about a second order parabola. The resulting line can be extrapolated by any of the specified functions and for various distances both as a single point at each indicator step (unchangeable line), and as a specified (re-painted) function segment for visualization. More details:
RFX Market Speed is an indicator designed to measure a new dimension of the market which has been hidden from the most traders. The indicator measures the speed of the market in terms of points per seconds and shows the measurement graphically on the chart, and saves the maximum bullish and bearish speeds per each bar. This indicator is specially designed to help the scalpers of any market with their decisions about the short bias of the market. The indicator uses real-ticks and cannot be fully
This indicator provides a true volume surrogate based on tick volumes. It uses a specific formula for calculation of a near to real estimation of trade volumes distribution , which may be very handy for instruments where only tick volumes are available. Please note that absolute values of the indicator do not correspond to any real volumes data, but the distribution itself, including overall shape and behavior, is similar to real volumes' shape and behavior of related instruments (for example, c
This indicator provides the analysis of tick volume deltas. It monitors up and down ticks and sums them up as separate volumes for buys and sells, as well as their delta volumes. In addition, it displays volumes by price clusters (cells) within a specified period of bars. This indicator is similar to VolumeDeltaMT5 , which uses almost the same algorithms but does not process ticks and therefore cannot work on M1. This is the reason for VolumeDeltaM1 to exist. On the other hand, VolumeDeltaMT5 ca
This is a special edition of the On-Balance Volume indicator based on pseudo-real volumes emulated from tick volumes. It calculates a near to real estimation of trade volumes distribution for Forex instruments (where only tick volumes are available) and then applies conventional OBV formula to them. Volumes are calculated by the same algorithm used in the indicator TrueVolumeSurrogate . The indicator itself is not required but can be used for reference. OnBalanceVolumeSurrogate is also available
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