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TMA Centered Asymmetric Bands

The TMA Centered Bands indicator for MT4 draws bands on the chart and reports the overall price trend, as well as gives arrows signals to buy and sell when the bar closes outside the channel.

Unlike many TMAs, our version uses the calculation part of the algorithm without redrawing, and also adds the ability to select a symbol.

The bands are made up of moving averages, and each of them has an MA period. The name TMA comes from triangular moving averages, as the indicator draws triangular bands.

The price will fluctuate between these bands whenever the trend changes direction, thereby creating entry and exit points.

You can purchase a Universal Channel EA, that can work with different channel indicators. The original version uses the standard Bands Indicator, which you can very easily change yourself with one of our channel indicators or any other that meets the technical requirements for their use in this EA.

Positions are opened when the price crosses the channel border (lower in buy, upper in sell). Then, if the price continues to move against us, averaging positions are opened through a distance with a multiplier, set by the trader. independently in the EA settings. There are three options for closing positions: on the opposite channel border, on the channel median and at a fixed TP.

You can also use two drawdown control filters to manage risks. If the account drawdown reaches these percentages, the EA starts working under these new parameters.   

 Universal Channel Expert Advisor:

https://www.mql5.com/en/market/product/135441?source=Site+Market+MT4+New+Rating006



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Early reversals made easy A personal implementation of Order Blocks, a simple yet effective position trading strategy. The trader should enter the market or look for trades in the direction of the last order block, if the price range has not been breached in the opposite direction of the breakout. Open blocks are not drawn for clarity. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] A bullish open block is the first bullish bar after a fresh market low A bearish ope
Currency Strength Wizard
Oleg Rodin
4.86 (49)
Indicators
Currency Strength Wizard is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real str
Supply Demand Analyzer
Suvashish Halder
5 (6)
Indicators
Supply Demand Analyzer is an advanced trading indicator meticulously designed for the precise identification, analysis, and management of supply and demand zones. By integrating real-time data and advanced algorithms, this tool enables traders to recognize market phases, price movements, and structural patterns with unparalleled accuracy. It simplifies complex market dynamics into actionable insights, empowering traders to anticipate market behavior, identify trading opportunities, and make info
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TMA Centered Bands Indicator
Irina Cherkashina
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The TMA Centered Bands Indicator for MT5 draws bands on the chart and shows the overall price trend. It displays three bands - the lower and upper boundaries of the channel and the median.   The bands are made up of moving averages, and each of them has an MA period. The name TMA comes from triangular moving averages, as the indicator draws triangular bands.   The price will fluctuate between these ranges whenever the trend changes direction, thus creating entry and exit points.   How to trade
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TrendChannelTracker Indicator and EA
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The TrendChannelTracker Indicator is an innovative Forex trading tool. This indicator, which is based on the standard Stochastic Oscillator, provides traders with a unique and simplified method for observing market trends. In contrast to the traditional Stochastic Oscillator, which is shown at the bottom of the chart, the TrendChannelTracker Indicator is built into the price action itself. This removes the need for traders to continually switch their attention between the oscillator and the pri
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Bollinger Bands Stop Indicator
Irina Cherkashina
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Bollinger Bands Stop Indicator holds significant importance for traders navigating the complex world of financial markets. Its relevance lies in several key aspects. Firstly, it aids in trend identification. By analyzing price movements relative to the Bollinger Bands, traders can discern whether the market is in an uptrend, downtrend, or ranging phase. Secondly, the indicator provides valuable insights into market volatility. Wider bands indicate higher volatility, while narrower bands suggest
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Channel Signals ProfRoboTrading
Irina Cherkashina
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Indicators
The Channel Sgnals ProfRoboTrading Indicator for MT5 is an effective Forex trading tool designed to track market movements.   The MT5 signal point indicator effectively detects trend reversals after they have already occurred. This Indicator   is a fully automated technical tool that includes a number of parameters to track market trends.   It automatically examines the ever-changing price dynamics of the market, compares the information with earlier data and generates a trading signal. Because
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Kalires Channel Indicator
Irina Cherkashina
Indicators
The Kalires Channel Indicator is a technical indicator used to evaluate trend direction and potential trading opportunities. This is a hybrid indicator that combines Kauffman Adaptive Moving Average (KAMA), linear regression and smoothing. The Kalires Channel Indicator consists of two lines: one central and two outer bands. The central line is a smoothed KAMA modified according to the direction of the trend. The outer bars represent two linear regression lines drawn above and below the center l
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Channel Trigger ProfRoboTrading EA
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Experts
This universal advisor is based on its own Algorithm, which is an incredibly effective tool due to the simultaneous operation of a trading strategy based on our  Indicator " Channel Sgnals ProfRoboTrading" and our proprietary signal filter system together with the Martingale method, which together work out a very interesting hedging system. Traders are also given the opportunity to set up their own risk management system with two filters to control deposit drawdowns . The advisor's algorithm is
Forex Gangster Indicator
Irina Cherkashina
Indicators
The Forex Gangster Indicator allows you to determine the current trend. If the Forex Gangster Indicator line has moved below the price and turned blue, then you should open deals for an increase. If the Forex Gangster Indicator line has appeared above the price and turned red, then you should open deals for a decrease: The indicator is suitable for any time frames, but it needs to be supplemented with filtering indicators, since by itself it is late and does not have time to give an accurate si
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TrendOscilator Indicator and EA
Irina Cherkashina
Indicators
The TrendOscillator Indicator is an upgraded version of the traditional Stochastic Oscillator.   It comprises two lines: %K and %D.   The %K line represents the current market position.   In contrast, the %D line is a moving average of the %K line used to generate signals and identify potential entry or exit points. The good thing is the indicator works on all timeframes like the traditional Stochastic.   However, to avoid any false signals, applying the indicator on longer timeframes is better
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Gold Tiger PRT
Irina Cherkashina
Experts
Gold Tiger is the result of the work of a team of experienced traders, mathematicians and programmers. It is based on a unique formula that will allow you to receive constant profit from binary options trading and scalping, as well as from conservative trading of several instruments simultaneously. ATTENTION! CAREFULLY STUDY THE OPERATING PRINCIPLE AND AVAILABLE SETTINGS OF THE EXPERT ADVISOR BEFORE YOU START USING IT! This EA uses the Martingale method, so it is important to follow Money Manage
Extreme Spike Indicator PRT
Irina Cherkashina
Indicators
This is the automatic price spike signal indicator for MT4. Plots advance alerts on potential breakouts/pullbacks. Suits forex, stocks & crypto trading strategies. This is a perfect indicator for reversal traders. A spike often indicates a turn-around moment. The best way to use that gauge is to apply it to your favourite trading system as a filter. 這是 MT4 的自動價格飆升訊號指示器。繪製有關潛在突破/回調的預先警報。適合外匯、股票和加密貨幣交易策略。 對於反轉交易者來說，這是一個完美的指標。尖峰通常表示轉變時刻。使用該指標的最佳方法是將其作為過濾器應用到您最喜歡的交易系統中
ChannelSignals Indicator and EA
Irina Cherkashina
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Indicators
The ChannelSgnals Indicator for MT4 is an effective Forex trading tool designed to track market movements.   The MT4 signal point indicator effectively detects trend reversals after they have already occurred. The ChannelSgnals Indicator   is a fully automated technical tool that includes a number of parameters to track market trends.   It automatically examines the ever-changing price dynamics of the market, compares the information with earlier data and generates a trading signal. Because the
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Royal Fractals Indicator
Irina Cherkashina
Indicators
This indicator works by plotting fractals on the chart as arrows that can be used as buy or sell signals. It is a great tool for both new and experienced traders as it provides a clear visual representation of the market and helps traders identify fractals. Although it repaints, it can be used quite effectively in conjunction with other tools to filter trading strategies. We use this indicator in this way in our Royal Fractals EA, which you can purchase on the MQL5 Market: https://www.mql5.com
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Golden Lions EA
Irina Cherkashina
Experts
This universal expert advisor is based on its own Algorithm, which is an incredibly effective tool due to the simultaneous work in two directions of the trading strategy, which is based on our own trend indicator and our proprietary signal filter system together with the Martingale method, which together work out a very interesting hedging system. Traders are also given the opportunity to set up their own risk management system with two filters to control deposit drawdowns. ATTENTION! CAREFULLY
BandsFill Indicator and EA
Irina Cherkashina
Indicators
The BandsFill Indicator is a modified Bollinger Bands with a colored cloud.   It has two adjustable parameters: Period Deviation The cloud is colored as follows: If the price crosses the upper band, the cloud is blue. If the price crosses the lower band, the cloud is pink.   Thanks to this, the BandsFill Indicator provides traders with an easy opportunity to detect various features and patterns in price dynamics that are invisible to the naked eye. Based on this information, traders can predict
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Red Dragons Support and Resistance Levels
Irina Cherkashina
Indicators
The Red Dragons Support and Resistance Levels indicator automatically determines support and resistance levels using the proprietary algorithm based on historical and current data, so the levels are dynamic, which allows you to adjust trading targets based on the current price movement. For this reason, we use this indicator in our advisors, for example, Red Dragons, which you can purchase here: https://www.mql5.com/en/market/product/128713?source=Site +Market+MT4+New+Rating006 The panel also
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Teamtrader Channel Stop
Irina Cherkashina
Indicators
The Teamtrader Channel Stop indicator allows you to determine the current trend. If the Teamtrader Channel Stop indicator line has moved below the price and turned blue, then you should open deals for an increase. If the Teamtrader Channel Stop indicator line has appeared above the price and turned red, then you should open deals for a decrease: The indicator is suitable for any time frames, but it needs to be supplemented with filtering indicators, since by itself it is late and does not have
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RoyalFractals Indicator
Irina Cherkashina
Indicators
This indicator works by plotting fractals on the chart as arrows that can be used as buy or sell signals. It is a great tool for both new and experienced traders as it provides a clear visual representation of the market and helps traders identify fractals. Although it repaints, it can be used quite effectively in conjunction with other tools to filter trading strategies. We use this indicator in this way in our RoyalFractals II Expert Advisor, which you can purchase on the MQL5 Market: https:
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Moving Averages Divergence 3x3
Irina Cherkashina
Indicators
Moving Averages Divergence 3x3    Indicator     uses the crossover technique for signaling the market trend and the trade opportunities as well.     It applies 3 formats of the same indicator and allows them to plot the crossover signals which are interpreted as the trade signals along with the direction of the market trend. Moving Averages Divergence 3x3    Indicator   can be applied to trade all kinds of forex currency pairs within the financial markets.  Although, this indicator works well o
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Forex Gangster PRT
Irina Cherkashina
Experts
FOREX GANGSTER is a unique Expert Advisor created by a professional prop trader and financial asset manager with many years of experience. This is a solution for those who strive for stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks. The Expert Advisor algorithm is based on a deep understanding of market pat
Wolfe wave finder PRT
Irina Cherkashina
Indicators
The Wolf Wave Finder Indicator is a popular indicator, that is useful in identifying potential trading opportunities.   The indicator works by recognizing the Wolf Wave pattern, which is a well-known pattern used by professional traders to identify potential areas of support and resistance.   The indicator is easy to use and provides traders with an easy way to identify potential trades.   The Wolf Wave Finder Indicator is a great tool for traders who are looking for a reliable and accurate way
Fibo Parabolic PRT
Irina Cherkashina
Indicators
This indicator is a fusion of the Parabolic SAR and Fibonacci indicators. Fibo is drawn on the last wave, at the peaks the indicator displays prices for convenience. Parabolic SAR helps to define the market trend and generates trends following trade signals.   On the other hand, Fibonacci plots the price retracement levels so that traders can determine a better and safer place to enter the market. Scalping with Parabolic SAR and Fibonacci Overview. For this strategy, in addition to our indicator
Statistic MT4 to Telegram PRT
Irina Cherkashina
Experts
This is an easy-to-set-up and easy-to-use Expert Advisor that will help you always have the necessary information about your trading account at hand, sending from MetaTrader 4 to you in Telegram: • Account drawdown • Number of open positions • Volume of open positions • Profit per day, week, month How to get an chat ID: - Chat with BotFather to create Bot and get API Token of Bot. If you had Bot, skip the step. - Chat with bot @userinfobot , then the bot will reply your ID. How to set
Symbol Manager PRT
Irina Cherkashina
Indicators
The SYMBOL MANAGER symbol change indicator is an effective tool designed to enhance trading convenience and significantly simplify the trader's experience. This indicator allows users to switch seamlessly between currency pairs and timeframes within a single open window of the trading terminal. Importantly, when switching, the associated template, including indicators and current chart settings, is automatically duplicated, ensuring a consistent trading environment.
Morning Star flat indicator PRT
Irina Cherkashina
Indicators
The Morning Star PRT indicator uses the morning flat breakout principle. The indicator displays morning flat levels and shows possible targets. An additional Fibonacci level has been added to the indicator, as well as sound alerts about the intersection of both target levels specified in the settings and the night flat level. The Morning Star PRT indicator builds a night flat channel at the end of the night, as well as two Fibonacci price levels up and down. These levels can be considered both
Supply and Demand zones PRT
Irina Cherkashina
Indicators
Indicator Supply & Demand zones PRT– is a custom tool that is used to perform supply and demand zones marking of the chart. The indicator draws lines and rectangles on the chart that highlight resistance/support levels and supply/demand zones. For convenience, both lines and figures are painted in different colors so that the signals are easily distinguished from each other.The indicator draws only fresh levels, that is, those that have not yet been used and the price has not yet broken through
Pattern Master PRT
Irina Cherkashina
Indicators
This indicator is a powerful tool for traders looking to identify chart patterns, and the benefits of incorporating it into their trading strategy are numerous. This tool effectively identifies and signals potential trends and reversals in the financial markets, thereby increasing trading profitability. Thanks to its advanced algorithm, the indicator can accurately analyze market data, providing traders with valuable information that can help them make informed decisions. Using this indicator al
Elliot Waves Tracker
Irina Cherkashina
Experts
This universal expert advisor is based on our own Algorithm, which is based on effective and time-tested Elliot Wave Theory.  This expert advisor is ideal for working both on a flat and during sharp or protracted trend movements (thanks to the Martingale method, according to which averaging positions are opened in accordance with the multiplier and distance set in the settings for accepting a new signal). ATTENTION! CAREFULLY STUDY THE OPERATING PRINCIPLE AND AVAILABLE SETTINGS OF THE EXPERT AD
Parabolic SAR and Support and Resistance Levels
Irina Cherkashina
Indicators
The Parabolic SAR & Support/Resistance Levels is not only a technical analysis indicator, used in forex trading to identify potential trend reversals and entry and exit points, but also a ready-made autonomous trading strategy.   The Indicator builds upon the PSAR indicator by adding dynamic support and resistance levels to the chart, which can help traders identify key price levels where the market may potentially reverse. Using this indicator, traders can gain insight into the strength and di
All Market Channels
Irina Cherkashina
Indicators
The All Market Channels indicator from ProfRobotrading automatically builds and displays all formed trading channels on the screen. This indicator is very convenient for trading on all existing channel strategies and is applicable to all instruments and timeframes.  Look at the screenshot - it will tell you more :) More information is available on our website ProfRoboTrading.
Bollinger Bands Compression Indicator
Irina Cherkashina
Indicators
This is a Bollinger Bands Compression indicator. It detects volatility compression and the release of “suppressed momentum.” It can be used when it coincides with any specific trading entries — released volatility means a higher probability of making a decent profit. There is also a histogram with colored bands symbolizing weakness or strength, and a zero line crossover. Therefore, this indicator can be used both in conjunction with other indicators within trading strategies, and on its own meri
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