Technical Indicators for MetaTrader 5 - 81

Bayesian methods can be effectively applied to predict price trends in financial markets, including Forex, stocks, and commodities. Here’s how Bayesian techniques can be used for trend prediction: 1. Bayesian Linear Regression Bayesian linear regression can be used to model the relationship between time and price. This method allows for the incorporation of prior beliefs about the trend and updates the trend as new data comes in. Example: Suppose you want to predict the price trend of a currency

Dominant Candle Finder is a significant candlestick on a price chart that stands out due to its size, volume, or price movement compared to surrounding candles. It often indicates strong buying or selling pressure and can be used to identify potential reversal points, breakouts, or continuations in the market. Dominant candles can serve as key indicators for traders to make informed decisions, providing insights into market sentiment and potential future price movements. MT4 Version -  https://w

This indicator will draw lines for previous day Highs and Lows, current day open price and current day price plus and minus ATR. This will provide an overview of the support and resistance for the price movement of the current trading day. The ATR is fixed to the 1 day period, so this indicator is suitable for the time frames lower than 1 day, i.e. 4HRTF, 1HRTF or 15MTF. 

If you like this project, leave a 5 star review. Follow on TikTok: @quantum.trader       [ Any Symbol Can Be ADDED ] Works on [ EURUSD-GBPUSD-GBPJPY-USDJPY-XAUUSD ] This indicator calculate and draw the Prediction or Forecast the peaks of the next day based on REGRESSION ( forecast high - forecast low - forecast middle - forecast upper q - forecast lower q ) These are important levels looked by many institutional and professional traders and can be useful for you to know the places whe

Contact me for instruction, any questions! Introduction A flag can be used as an entry pattern for the continuation of an established trend. The formation usually occurs after a strong trending move. The pattern usually forms at the midpoint of a full swing and shows the start of moving. Bullish flags can form after an uptrend, bearish flags can form after a downtrend. Flag Pattern Scanner Indicator It is usually difficult for a trader to recognize classic patterns on a chart, as well as sear

The Accumulation/Distribution (AD) Technical Indicator is a tool used in technical analysis to determine whether an asset is being accumulated (bought) or distributed (sold) in the market. Key Characteristics of the AD Indicator: Purpose: The AD indicator is used to assess the balance between buying (accumulation) and selling (distribution) of an asset. This helps traders and investors evaluate the strength of the current trend and potential reversals. Interpretation: Rising Indicator: When the

Orde Block Detector： The order block detector can automatically identify the breakthrough of the market structure. After the trend framework breaks through, the order block area can be drawn automatically. In order to draw the OB area more accurately, we also automatically find the candle on the left and right sides of the original candle according to its trading principle, and draw a more accurate ob area through more subtle quantitative rule judgment. Futures   : 1. Customize the BMS color, a