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Technical Indicators for MetaTrader 5 - 48
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.
1. What is this Rising volatility and falling volatility are not the same, whether it is academic research or actual testing has shown this point. The original ATR indicator is calculated by putting up and down fluctuations together. This indicator is to calculate separately the upward volatility and the downward volatility, which can better help you study the market.
2. Indicator description There are two modes for the calculation of this indicator, as shown in the f
Индикатор с уникальным авторским алгоритмом определения направления тренда. Показывает лучшие результаты определения тренда на любых валютных парах, акциях, криптовалюте без перерисовки результата. Имеет встроенную статистику, что поможет сразу определить прибыльность текущей пары и таймфрейма. Использует паттерны Price action в связке с уникальным алгоритмом фильтрации. Подходит как новичкам так и профессионалам для всех видов торговли. Как выбрать прибыльный таймфрейм и оптимизировать индикато
Stochastic Cross Arrow is an indicator that automatically places arrow when stochastic K and D line crosses each other on a certain level.
Buffer Guide For Developers: Buffer 0 =Buy Arrow Buffer 1 =Sell Arrow Inputs: ---Stochastic Settings--- %K - %K value. %D - %D value. Slowing - Slowing value . Stochistic Method - Moving Average method. It can be any of enumeration values. Newbar - arrow only appear on new bar. Buy_Msgs - type info message when buy arrow appears. Sell Msgs - type inf
Price Action Indicator MT5 calculates the buying/selling force level balance of any symbol/instrument, based on pure price action data of the specified (8 by default) past candles. This will give you the closest market sentiment possible by monitoring the price action of 32 symbols/instruments that are available on the indicator's panel. A buying/selling force level over 60% gives a quite solid level for buy/sell the specific symbol (using the default settings). Price Action Indicator MT5 has
The Regression Channel consists of two lines equidistant above and below the regression trend line. The distance between the channel boundaries and the regression line is equal to the deviation of the maximum closing price from the regression line, only this definition corresponds to the most recent regression points.
The term regression refers to the field of statistics. The center line of the channel is the trend line. To calculate it, the method of least squares is used. The line above the
The utility helps to locate in the lower time frames the maximum and minimum of the upper time frame. The length of time frame level line represents the temporal length of the upper time frame. It's possible to OnOff the levels with a button or keys
The indicator draws lines that delimit the upper time frames candle and highlights his high-low price and the pips candle range. How it works:
Firstly . Choose which time frames levels to represent in the lower ones : monthly, weekly, da
The Traders Dynamic Index indicator is the only technical indicator you need to scalp the market successfully. The TDI is the only technical indicator that can read the market sentiment, market volatility, and momentum at the same time. The advantage of combining the qualities of several indicators into one indicator is that it can be the “holy grail” you are looking for. Let’s break down the Traders Dynamic Index indicator and go through it a little bit. As you can see, this scalping indicator
Unlike a standard moving average, trendy traders unique algorithm will show you a less choppy signal resulting in a smoother and easier trend to follow thereby making your trading decisions more confident. Put simply when price moves above the average it signals a bullish trend and when price moves below the average it signals a bearish trend. The trader is then given 2 levels of take profit and a stop loss on each new signal. It can also be added to other trend-following systems for better pe
Backtest And Optimize With Speed Impulse Pro indicator is a strong Fibonacci indicator designed to plot Multiple Timeframes Fibonacci Analysis on a single chart with alerts function Codes are Optimized for faster backtesting and optimization on both MT4 and MT5 Both directions can be traded or analized eg. A buy signal Impulse could be traded in oppoisite direction as well similar to sell. A sell Signal Impulse could be traded or analyzed in opposite direction. For MT4 Version :- C oming soon!!
Cumulative delta indicator As most traders believe, the price moves under the pressure of market buying or selling. When someone redeems an offer standing in the cup, the deal is a "buy". If someone pours into the bid standing in the cup - the deal goes with the direction of "sale". The delta is the difference between purchases and sales. A cumulative delta - the difference between the cumulative sum of purchases and sales for a certain period of time. It allows you to see who is currently contr
the indicator will show signal arrows on the graph at the crossing of Awesome Oscillator base level it has push and audible alerts and Email alert. By crossing above base level , a blue arrow will come out for the BUY, at the same time an audible signal will sound. By crossing Below base level, a red arrow will come out for the SELL, at the same time an audible signal will sound. Possibility to deactivate push and audible alerts.
MT4 version : Buy the 'Awesome cross' Technical Indicator for
Индикатор "Tiger" показывает развороты рынка. Основан на индексе относительной бодрости (RVI).
Представлен в виде осциллятора, который показывает энергию текущего ценового движения и отражает уверенность ценового движения от цены открытия к цене закрытия в диапазоне максимальных и минимальных цен за данный период. Это, в свою очередь, даёт трейдеру возможность находить точки разворота с большой вероятностью.
Не перерисовывает!
Хорошо показывает себя на боковом движении рынка, которое п
Brief description The ContiStat indicator calculate statistic frequency of green (up) and red (down) movement in the chart and determine movement dynamics (silver curve). There are two key parameters to understand the ContiStat principle: Block height and Block count . The ContiStat engine convert instrument price chart move to Blocks of constant height (price) regardles of how much time it take. Example 1: Block height is set to 50. DE30 index price make move from 15230 to 15443 in an hour. 4 g
Created by trader and journalist Larry Williams, Setup 9.1 is a simple strategy that is easy to understand and execute, which is why it is so well known and popular in the world of traders and technical analysis. It is a REVERSION setup, where operations are sought when the moving average changes direction.
Setup Logic
With the open candlestick chart, at any time chart, it is only necessary to add the 9-period Exponential Moving Average (MME9). That done, we look for assets in which the MME
Trend indicator with a unique algorithm for detecting trend reversals. It uses Price Action and its own filtering algorithm to determine the trend. The algorithm is based on a price channel based on chart fractals. This approach helps to accurately determine the entry points and the current trend on any timeframe. Recognize a new emerging trend with fewer false positives without delay. Peculiarities
The advantage of the indicator is that its period is dynamic. Since it is tied not to the number
Info: marcobarbosabots
Pivot lines are an easy way to see market trend. The indicator provides the pivot line and three first support and Resistance lines.
Calculations used was:
Resistance 3 = High + 2*(Pivot - Low) Resistance 2 = Pivot + (R1 - S1) Resistance 1 = 2 * Pivot - Low Pivot point = ( High + Close + Low )/3 Suport 1 = 2 * Pivot - High Suport 2 = Pivot - (R1 - S1) Suport 3 = Low - 2*(High - Pivot)
You can use the calculated values on an EA too, just make sure the indicator
The Qv² Trend is an indicator that aims to identify trends.
Buying trend signals are indicated by arrows pointing up.
Selling trend signals are indicated by arrows pointing down.
It can be used in all deadlines.
It can be used in all pairs.
I use it on the H1 with a period of 24. Important Recommendation: Make sure you trade in trend market. Good Trades, in trend market
KF CROSS 3MA
This indicator show the collision points of moving averages in a separate window. so we will have a solitude chart. Features indicator: Show alert in Meta Trade Send notification to mobile Adjustable 3 MA (Fast-Middle-Slow) Can be used on all symbols Can be used in all time frames
Attention, the application does not work in the strategy tester
You can download the Demo version on the comments page : https://www.mql5.com/en/market/product/81152?source=Site
or cotact us : ht
Indicator basic idea is buy strong currency and sell weak currency. If A/B currency pair is in an uptrend, it shows if it is due to A strength or B weakness.On these signals one can choose the most optimal pair to trade. You can use Currency Power System for pattern trading as well, among basic patterns which can be used are: cross trend break divergencies So much for theory. I searched for a ready-made indicator (Currency Strength) to support my trade but did not find one. Well. I have to wr
Here comes to you the indicator that is going to revolutionize trading with BOOM synthetic indices on the Deriv mt5 trading platform.
God Spike Boom.
Main features:
It works only in BOOM indices. It has a trend filter. Send alerts only when the market is rising. Sound alerts. You can send alerts to mobile.
How to use:
Apply in temporalities of m1 and m5. Wait for the sound alert. Analyze that there is a strong trend or that it has already started. Do not take alert at the en
An customize Indicator by which you can have Triple moving averages at close prices and send push notification on each crossing. This indicator is especially useful when you are doing manual trading. Notes: Cation: forex trading is a very risky business,... don't invest the money you cannot bear to lose. the probability of losing is high ... more high aaaand exponentially high.... something like EMA enjoy losing with us...
This is a multi-symbol and multi-timeframe table-based indicator designed for a candlestick patterns detection with 46 patterns for META TRADER 5. Each formation has own image for easier recognition. Here you find most popular formations such as "Engulfing", "Hammer", "Three Line Strike", "Piercing" or Doji - like candles. Check my full list of patterns on my screenshots below. Also you can not only switch all bearish or bullish patterns from input, but also select formation for a specified symb
One of the best tools category for an Expert Advisor is the Filtering System . Using a filter on your entries will take your metrics to the good side. And even when you trade manually a filtering system is more than welcome. Let us present a commonly used filtering system based on Exponential Moving Averages - in fact, you can choose the type of the MAs as you wish and also mix them all up - we called this indicator Filter Trend MA . We present this indicator as a colored strip you can use at th
It will perfectly complement your working Expert Advisor or manual trading with up-to-date information.
There is a sound notification of exceeding the established profit and loss limits of open SELL and BUY orders.
Moreover, for each currency pair EURUSD, GBPUSD, XAUUSD, and others, various sound alerts are activated in English.
Indicators are displayed on a special panel on the chart from the moment the indicator is activated: Elapsed time
Fixed profit
Current profit Maximum drawdown Curr
The Bridge indicator displays potential entry points on the chart as signals (points of absolute trend reversal).
The Bridge forex indicator algorithm was created on the basis of the original indicators for searching for extremes, the indicator is well suited for determining a reversal or a large sharp jerk to one side, thanks to it you will know when this happens, it will notify you with the appearance of a blue dot to buy red to sell. The indicator, according to a certain algorithm, qualifi
MT4 Version MA Ribbon MT5 MA Ribbon is an enhanced indicator with 8 moving averages of increasing periods. MA Ribbon is useful to recognize trend direction, reversals and continuation points in the market as well as potential entry, partial take profit and exit points. Entry points for long and shorts position can be found when the price entries or leaves the Ribbon, at retest or a defined number of MA crossovers. It offers a good combination with mostly any volume or momentun indicators to
This indicator is based on the same famous fractal indicator with a slight difference:
MetaTrader version 4 click here
Advantages:
Works on all instruments and time series,
Does not redraw its results,
Comparison depth is adjustable,
Works well with any popular strategy,
Adjust the power of fractals
Input settings:
Number of comparisons - The number of candles that each side selects for comparison.
Marker distance from the candlestick
You
GAPS indicator Metatrader 5
For some of the strategies used in indices, stocks and other assets, the GAP of each candlestick is usually measured, but if we want to do this manually, this can lead us to make calculation errors.
For this reason, "GAP Indicator" was created, which automatically shows the PIPS value of each of the GAPS presented between each of the candles and generates an alarm when they appear, if the option is activated.
Most traders are aware of the famous Japanese Heikin-Ashi indicator, created in 1700s by Munehisa Homma . It is sometimes spelled Heiken-Ashi , but its meaning remains the same, namely “average bar” in Japanese. This is an implementation of that very well known Heikin Ashi indicator, but with a few added features. For one, it allows for its values to be weighted by the volume , be it the tick-count volume , real volume , or pseudo-volume based on the true range. The major benefit is to reduce th
Indicator that shows you at any time the current number of closed deals as well as profit and loss totals of the closed deals of the account that you're logged into for a configurable period.
To do this, it is best to load Deals and "Complete history" in the account history in the terminal and then enter the desired period in the indicator (e.g. 2022.01.01-2023.01.01 would be for calendar year 2022).
Input options:
- Period (Attention: corresponding data must be loaded into the account h
This indicator is based on ParabolicSAR. This indicator does not change the trend easily and does not change the trend until it receives a clause and approval. This indicator can be used for trail stop or trend detection.
MT4 Version
benefits:
Works on all instruments and time series,
Does not redraw its results,
Comparison depth is adjustable,
Works well with any popular strategy,
The power of the areas is adjustable,
We assure you that we we
Hello Traders
I have created this indicator to Catch SPIKES on Crash1000, Crash500 and Crash300. Follow the below mention instruction for better Result
1. When Red arrow pop up on the Chart, Take a Sell entry
2. Stay in trade until price break below from entry
3. Do not hold trades after all trades went in Blue
4. Keep adding position until spike cross below from intial entry
See Example for more assistance
The indicator helps to enter a trade following the trend, at the same time, after some correction. It finds strong trending movements of a currency pair on a given number of bars, and also finds correction levels to this trend. If the trend is strong enough, and the correction becomes equal to the one specified in the parameters, then the indicator signals this. You can set different correction values, 38, 50 and 62 (Fibonacci levels) are better. In addition, you can set the minimum trend lengt
A visualization system for favorite candlesticks price action patterns. Once attached, indicator will automatically mark next patterns on the chart: Pinocchio bar - a small-body bar with a long 'nose', very well-known reverse pattern; Inside bar - a bar whose range lies inside the range of the previous bar. It represents market incertitude; Outside bar - a bar whose range exceeds the range of the previous bar. It represents market incertitude; Rails pattern - two consequent opposite bars wit
This simple, yet powerful indicator is very good way to determine actual S/R levels. It's main purpose is making your overview on markets much better.It has built-in arrow signal system, which should be used along with MT indicators for best results.Just try it.
Recommended MT indicators to use along:
Bollinger Bands (default) RSI (period 3, levels 10/90)
PAX BDB Trade Chaos system of Bill Williams (Bearish/Bullish divergent bar). One of the signals of the "Trade Chaos" system of Bill Williams. (First wiseman)
When bar moving away from the "Alligator" indicator and there is divergence on the Awesome Oscillator indicator, it shows a potential point of movement change.
It is based on the opening/closing of the bar, the position relative to the previous ones, the Alligator and AO.
When trading, the entrance is at the breakthrough of the bar(sh
This indicator is mainly used for my SuperDonchain EA but can also be used as a simple indicator. It draws a donchain channel in the chart window. It has various setting options which affect the graph. Furthermore, the colors of the graph can be adjusted. Simply copy it into the indicators folder and drag it from there into the chart window https://www.mql5.com/de/market/product/78025?source=Unknown%3Ahttps%3A%2F%2Fwww.mql5.com%2Fde%2Fmarket%2Fmy
This indicator is mainly used for my SuperDonchain EA but can also be used as a simple indicator. It draws a simple supertrend on the chart window. It has various setting options which affect the graph. Furthermore, the colors of the graph can be adjusted. Simply copy it into the indicators folder and drag it from there into the chart window. https://www.mql5.com/de/market/product/78025?source=Unknown%3Ahttps%3A%2F%2Fwww.mql5.com%2Fde%2Fmarket%2Fmy
The indicator draws lines (with line objects) to the close prices of the last closed bars, on selected timeframes. Parameters
Close line 1 close price timeframe - timeframe of the 1st close price Close line 1 color - color of the 1st close price Close line 1 width - width of the 1st close price Close line 1 style - style of the 1st close price Close line 1 max count - the maximum number of lines plotted for the 1st close price, considering the selected timeframe in Close line 1 timeframe parame
Индикатор отображает размер бара и его направление. ---------------------------------------- Цвета гистограммы: * Красный - Медвежий бар.
* Зелёный - Бычий бар.
* Серый - Цена открытия и цена закрытия равны. * Синяя линия - скользящая средняя.
---------------------------------------- Параметры: - Type of Calculation - Тип расчёта ( High - Low, Open - Close ) - Moving Avarage - Период скользящей средней - Method for MA - Метод усреднения скользящей средней
TrendHunt is an indicator focus on higher timeframe (H1 and Above) It using breakout strategy, plus MA for filter. Check for Support, Resistance and News before every entry to increase the success rate.
Parameters Moving Average Period - 200 Moving Average Price - Closed Price Entry Period - 20 (Breakthrough 20 High for Long, 20 Low for short) Stop Period - 10 (cross over 10 low for exit long)
Indicator Constant TF Moving Average basically is the same Moving Average indicator, but differently it always shows the price values of chosen time frame. Also, number of periods to show can be selected. Indicators purpose is to use it as support and resistance level in smaller time frames than selected in Input menu. How it looks like you can see in screenshots and video. ---------Main settings-------- Timeframe - choose time frame from dropdown menu Number of periods to show - enter the integ
The indicator, Big Candle Detect , is based on ATR and Volume to detect candlesticks of buying and selling strength, which is represented through an oscillator indicator. With this indicator you will be able to identify the lateral market, providing better entries according to your strategy.
Big Candle Detect highlights candles with brighter colors when the condition is found, making it easier to identify, in addition to being fully compatible for automation in your EA.
SETTINGS
ATR P
The Market Reversal Catcher indicator looks for market reversal points or major pullback. To do this, it analyzes previous price movements and using a flexible algorithm for estimating the probability of a reversal, also gives recommendations on entry points and sets recommended profit targets for positions opened on a signal. Market Reversal Cather User Guide - Read Version for MetaTrader 4 - here The indicator is very easy to use and does not require a lot of information to understand how it
A breakout refers to when the price of an asset moves above a resistance area, or moves below a support area . Breakouts indicate the potential for the price to start trending in the breakout direction. For example, a breakout to the upside from a chart pattern could indicate the price will start trending higher. The indicator works with arrows in case of breakthrough, you also have a level of 1 tp, a level of 2 tp, a level of 3 tp. For more information, welcome to our Telegram Group. https:
The Hull Moving Average (HMA) attempts to minimize the lag of a traditional moving average while retaining the smoothness of the moving average line. Developed by Alan Hull in 2005, this indicator makes use of weighted moving averages to prioritize more recent values and greatly reduce lag. The resulting average is more responsive and well-suited for identifying entry points. For more information, welcome to our Telegram Group. https://t.me/InfinXx
The Slope indicator measures the slope of a linear regression , which is the line of best fit for a data series. A 20-period Slope, therefore, measures the slope of a 20-day linear regression. ... In general, a positive slope indicates an uptrend, while a negative slope indicates a downtrend. How do you use slope Indicator?
By applying the slope indicator to both the price chart and the price relative , chartists can quantify the price trend and relative performance with one indicator. A po
Patterns Explorer for Triangle pattern such as symmetrical triangle, asymmetrical triangle or right angle triangle , Wedge pattern such as Rising wedge or Falling wedge, Expansion pattern and Trend Channel This indicator explores historical pattern as well as current patterns, It is the best indicator for those who are trying to save time from manually drawing trendline or triangle and want to use this for automated analysis of plotting best patterns on chart Features : - Panel for changing ZigZ
An imbalance indicator that marks imbalance on the chart with zones and gives the amount of imbalance as an oscillator value. There's one line for the amount of short imbalance, one line for the long imbalance and the combined imbalance as a thicker line. The combined imbalance goes above 0 if there's more imbalance above than below the current price and vice versa. The blue thicker line, shows (imblance above - imbalance below). The greeen dotted line shows imbalance above The red dotted line s
DELTA VOLUME Volscalping This indicator, for each price candle, draws a Delta candle, which is the difference between the contracts bought and sold. The candle will be red and negative if the contracts traded in the bid (sold) exceed those in the ask, on the contrary, the candle will be green and positive if the contracts traded in ASK (bought) exceed those in the bid.
ATTENTION: The indicator only works with brokers that provide real market data flow, and that divide the contracts struck
The indicator, Support and Resistance Detect Signal automatically detects support and resistance levels and trend lines, emitting a signal whenever the condition is met, as configured.
It reads support and resistance drawn manually or automatically built into the chart by other external indicators.
Note: Support and Resistance Detect Signal is compatible with almost all external indicators that draw on the chart, support and resistance levels, in addition to trend lines.
Discover our Elit
The indicator "JAC Trend Color Candle" for Meta Trader 5, was created to visually facilitate the trend for the trader. It is based on three parameters, which identifies the uptrend, downtrend and non-trending market. The colors are trader-configurable, and the average trader-configurable as well. trend parameters cannot be configured as they are the indicator's differential.
Element is a Forex arrow indicator that implements a kind of technical analysis based on the idea that the market is cyclical in nature. Follows the market trend with good reliability, ignoring sharp market fluctuations and noise around the average price. Thus, all intersection points will be optimal points at which the movement changes taking into account the indicator period. It catches the trend and shows favorable moments of entering the market with arrows. Displays signals simply and clear
This system is good at identifying short term reversals in the market. It is based on a machine learning study on market structure, and can be a great tool to scan the market or direct trades. With everything, there isn't a 100% win-rate, but this indicator is sometimes always accurate. When it thinks a reversal will happen, it will color the candle a specific color, draw an arrow and then alert you on whether to buy or sell the upcoming candle. Simple Setup Drag and drop onto any chart, at
This indicator shows your daily profit for each chart. Please let me know in the comment section or via the MQL5 chat if you want find any problem, or if you want any specific features for this indicator. How to use:
Attach the indicator to the chart you want to see your profit. You can change the color of the indicators. (Currently positive figures are green, and negative are red) You can display the profit for pair it is attached, or for the whole account (all the pairs)
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Automatic trend lines. Type 1. With two extremums. 1) From the current bar "go" to the left and look for the first (right) extremum point with the InpRightExmSide bars on both sides. 2) From the first point again "go" to the left and look for the second (left) extremum point with the InpLeftExmSide bars on both sides.
VOLUME DELTA Volscalping This indicator, for each price candle, draws a Delta candle, which is the difference between the contracts bought and sold. The candle will be red and negative if the contracts traded in the bid (sold) exceed those in the ask, on the contrary, the candle will be green and positive if the contracts traded in ASK (bought) exceed those in the bid.
ATTENTION: The indicator only works with brokers that provide real market data flow, and that divide the contracts struck in
this indicator detects the difference between the contracts struck in bid and in ask (aggression) for each single candle.
the indicator shows in the dedicated window below the price chart, candles given precisely by the difference between the contracts sold and purchased, which generate the volumetric strength of the market.
it is possible (see from the screenshots) how to select only the cumulative candlestick delta chart, or even with a trendline of the candles themselves: by selecting th
this indicator shows the strength of the real volume against the price. if the price chart and the volume trend have the same trend, it means that everything is regular. if the indicator diverges from the price chart, it means that reversal is close. when the price goes up and the "volume convergence" chart goes down, it means that money is exiting the market, sellers are selling on the rise and the price should soon start to plummet. conversely, if the "volume convergence" graph goes up while
this indicator shows the strength of the real volume against the price. if the price chart and the volume trend have the same trend, it means that everything is regular. if the indicator diverges from the price chart, it means that reversal is close. when the price goes up and the "volume convergence" chart goes down, it means that money is exiting the market, sellers are selling on the rise and the price should soon start to plummet. conversely, if the "volume convergence" graph goes up while
The Super Cloud indicator helps to determine the direction of the trend when trading. Shows on the chart signals about a possible upcoming trend change. The indicator provides an opportunity to detect various features and patterns in price dynamics that are invisible to the naked eye. Based on this information, traders can anticipate further price movement and adjust their strategy accordingly. Works on all timeframes except MN.
KT Risk Reward shows the risk-reward ratio by comparing the distance between the stop-loss/take-profit level to the entry-level. The risk-reward ratio, also known as the R/R ratio, is a measure that compares the potential trade profit with loss and depicts as a ratio. It assesses the reward (take-profit) of a trade by comparing the risk (stop loss) involved in it. The relationship between the risk-reward values yields another value that determines if it is worth taking a trade or not.
Featur
KT Forex Session shows the different Forex market sessions using meaningful illustration and real-time alerts. Forex is one of the world's largest financial market, which is open 24 hours a day, 5 days a week. However, that doesn't mean it operates uniformly throughout the day.
Features
Lightly coded indicator to show the forex market sessions without using massive resources. It provides all kinds of Metatrader alerts when a new session starts. Fully customizable.
Forex Session Timings I
It's a well-known fact that most of the financial markets trend only 30% of the time while moving in a closed range rest 70% of the time. However, most beginner traders find it difficult to see whether the markets are trending or stuck in a range. KT Chop Zone solves this problem by explicitly highlighting the market phase into three zones as Bearish Zone, Bullish Zone, and Chop Zone.
Features
Instantly improve your trading by avoiding trade during the sideways market (Chop Zone). You can al
KT Absolute Strength measures and plots the absolute strength of the instrument's price action in a histogram form. It combines the moving average and histogram for a meaningful illustration. It supports two modes for the histogram calculation, i.e., it can be calculated using RSI and Stochastic both. However, for more dynamic analysis, RSI mode is always preferred.
Buy Entry
When the Absolute Strength histogram turns green and also it's higher than the previous red column.
Sell Entry
W
KT Coppock Curve is a modified version of the original Coppock curve published in Barron's Magazine by Edwin Coppock in 1962. The Coppock curve is a price momentum indicator used to identify the market's more prominent up and down movements.
Features
It comes with up & down arrows signifying the zero line crossovers in both directions. It uses a simplified color scheme to represent the Coppock curve in a better way. It comes with all kinds of Metatrader alerts.
Applications It can provide
KT Donchian Channel is an advanced version of the famous Donchian channel first developed by Richard Donchian. It consists of three bands based on the moving average of last high and low prices. Upper Band: Highest price over last n period. Lower Band: Lowest price over last n period. Middle Band: The average of upper and lower band (Upper Band + Lower Band) / 2. Where n is 20 or a custom period value is chosen by the trader.
Features
A straightforward implementation of the Donchian channel
KT Auto Trendline draws the upper and lower trendlines automatically using the last two significant swing highs/lows. Trendline anchor points are found by plotting the ZigZag over X number of bars.
Features
No guesswork requires. It instantly draws the notable trendlines without any uncertainty. Each trendline is extended with its corresponding rays, which helps determine the area of breakout/reversal. It can draw two separate upper and lower trendlines simultaneously. It works on all timefr
KT Inside Bar plots the famous inside bar pattern in which the bar carries a lower high and higher low compared to the previous bar. The last bar is also known as the mother bar. On smaller time-frames, the inside bar sometimes appears similar to a triangle pattern.
Features
Also plots entry, stop-loss, and take-profit levels with the inside bar pattern. No complex inputs and settings. Erase unwanted levels when the price reaches the entry line in either direction. All Metatrader alerts incl
The MetaTrader Market is a simple and convenient site where developers can sell their trading applications.
We will help you post your product and explain you how to prepare your product description for the Market. All applications on the Market are encryption-protected and can only be run on a buyer's computer. Illegal copying is impossible.
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