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Rsi Channel

5

This indicator displays the channel of Relative Strength Index.

When you see that the price touches the red line and retreats from it many times, then you will know that the general trend is down.

When it retreats from the blue line many times, that means that the general trend is up.

This lines express the RSI values attributed to the price values on the main chart.

You can add this indicator to your strategy, it will help you.

This indicator will work best on 5 minutes and higher time frames.


Indicator properties:

  • Use_System_Theme - You can choose from here the color setting to be add automatically .


Reviews 7
Wei2012
127
Wei2012 2018.06.13 12:29 
 

very useful indicator . I use it everyday ! and the Author replied quickly

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Abdullah Alrai
Indicators
Download user manual from : https://ontrd.com/our-books/ MT5 Version : https://www.mql5.com/en/market/product/30284 Gann Squares Indicator: Analyzing Markets with Geometric Patterns The Gann Squares indicator is a powerful tool for market analysis that draws upon the mathematical concepts introduced by W.D. Gann in his article on "Mathematical Formula for Market Predictions." This indicator incorporates Gann's techniques involving square numbers such as 144, 90, and 52, as well as the Square o
ON Trade Waves Patterns Harmonic Elliot Wolfe
Abdullah Alrai
5 (1)
Indicators
Introducing ON Trade Waves Patterns Harmonic Elliot Wolfe, an advanced indicator designed to detect various market patterns using both manual and automated methods. Here's how it works: Harmonic Patterns: This indicator can identify harmonic patterns that appear on your chart. These patterns are essential for traders practicing harmonic trading theory, as popularized by Scott Carney's book "Harmonic Trading vol 1&2." Whether you draw them manually or rely on automated detection, ON Trade Waves
Shepherd Harmonic Pattern
Abdullah Alrai
4.68 (59)
Indicators
This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: Notes Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button to hide all indicator data on chart if you prefer to work with other analysis tools  When you use this indicator and change the settings, add indicators like Moving Average or Bollinger
ON Trade Elliot Wave Manual
Abdullah Alrai
5 (1)
Indicators
This indicator has been designed to integrate with the Elliott Wave theory, providing two distinct methods of operation: Automatic Work: In this mode, the indicator operates autonomously by detecting all five motive waves on the chart according to Elliott Wave theory. It offers predictions and identifies potential reversal zones. Additionally, it has the capability to generate alerts and push messages to notify traders of significant developments. This automated functionality streamlines the pro
ON Trade Pivoteer
Abdullah Alrai
4 (1)
Indicators
Introducing the Pivot Point Selector Indicator: Your Ultimate Tool for Custom Pivot Levels Are you ready to take your trading to the next level? Say hello to the Pivot Point Selector Indicator, a game-changing tool that puts you in control of your pivot levels. This innovative indicator empowers you to choose three specific points that will determine the pivot level calculations, giving you unparalleled customization and precision in your trading strategy. Key Features and Benefits: Custom Pivo
FREE
Shepherd Harmonic Patterns Free
Abdullah Alrai
4.73 (26)
Indicators
This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: https://www.mql5.com/en/blogs/post/719257 There is a free version (it detect only Gartley and Nenstar Patterns) to try this product. You can buy the full MT4 version from: https://www.mql5.com/en/market/product/104689 Notes When you use this indicator and change the settings, add indicators like Moving Average or Bollinger Bands, this indicator will
FREE
Shepherd Gann Squares Free
Abdullah Alrai
4.86 (37)
Indicators
Download user manual from: https://ontrd.com/our-books/ Have full version from: https://www.mql5.com/en/market/product/104073 MT5 Version: https://www.mql5.com/en/market/product/30284 This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by WD Gann depending on square of 144 90 and 52 . And square of 9 With method by Dr.hamada salam about square of 9 and its relations with channel and star of that square User Manual: Add Your r
FREE
ON Trade Hikkake Pattern
Abdullah Alrai
Indicators
The Hikkake Japanese candle pattern is a specialized indicator designed to identify and detect Hikkake Price Action Patterns that are being formed on a chart. These patterns are based on the concept of a false inside bar break out, which often leads to potential trading opportunities. The indicator's main function is to analyze the last five candles on the chart and determine whether they exhibit the characteristics of the Hikkake pattern. When this pattern is confirmed, the indicator will draw
ON Trade Movings STC Arrows
Abdullah Alrai
Indicators
This indicator offers a comprehensive and efficient solution for traders seeking optimal entries in scalping strategies. Leveraging moving averages and stochastic indicators, it employs a systematic approach to identify favorable trade opportunities. The indicator goes beyond mere analysis, actively drawing clear and actionable entry points on your chart, denoted by arrows. Moreover, it provides the convenience of alerts to ensure you never miss these potential setups. Key Features and Benefits:
FREE
ON Trade Marubozu Pattern
Abdullah Alrai
Indicators
ON Trade Marubozu Candle Pattern Indicator The Marubozu candle pattern is a powerful and straightforward candlestick pattern that can provide valuable insights into market sentiment and potential trend reversals. It is characterized by a candle with a very small or non-existent shadow (wick) at one end and a long body extending in the direction of the prevailing trend. This pattern represents a strong imbalance between buyers and sellers, suggesting that the momentum in the market is heavily one
FREE
ON Trade Pivots
Abdullah Alrai
Indicators
ON Trade Pivots is A technical indicator that Draws all Pivot levels depending on time frame that defined in settings. Notes It will be good tool for all traders who use pivot levels in their trades. Let me inform you that this indicator draw this level as buffers not as objects then you can connect it easily to EA. This indicator allow you to find pivots levels for any time frame not only daily you are free to choose time frame from settings. Parameters Use_System_Visuals - Enable /Disable
FREE
ON Trade Metals Gram Price
Abdullah Alrai
5 (1)
Indicators
Introducing the Gold Gram Price Calculator Indicator Are you interested in keeping a close eye on the price of gold in your local currency? Look no further than the Gold Gram Price Calculator Indicator, an innovative tool that empowers you with the ability to calculate the real-time price of gold per gram in your preferred local currency. With this indicator, you can harness the power of financial insights to make informed decisions. Key Features: Localized Gold Price: The Gold Gram Price Calcul
FREE
ON Trade Donchian Channel
Abdullah Alrai
Indicators
This indicator serves the purpose of visually representing the Donchian channel on your trading chart. The Donchian channel is a straightforward technical tool used to depict the range between the highest high and the lowest low over a specified period. This indicator enhances the visual analysis of price movements, offering insights into potential breakout and trend continuation points. The Donchian channel can be applied to both the current time frame and a higher time frame, should you choose
FREE
ON Trade Angler
Abdullah Alrai
Indicators
"This indicator is a simple trend detection tool. You can use it with your strategy to achieve good entries, such as in scalping mode. It will draw a channel around the price, which will expand as time increases. In custom periods, it will revert to the starting point of the expansion based on an algorithm that considers time and price together. You can buy at the lower boundary of the channel after signs of reversal become apparent. And you can sell from the upper boundary of the channel after
ON Trade Channels
Abdullah Alrai
Indicators
This indicator offers a robust market analysis method centered around the concept of the 'Regression Channel Tool'. By harnessing this tool, traders can gain exceptional control over their chart's regression channel, enabling them to make more informed trading decisions. The Regression Channel Tool is a powerful instrument in a trader's toolkit. It's designed to provide valuable insights into price trends and potential support and resistance levels. The tool is especially effective for visualizi
ON Trade Candle Arrow
Abdullah Alrai
Indicators
Introducing our powerful Forex indicator designed to enhance your trading strategy and provide you with precise insights into the market trends. This cutting-edge tool employs a sophisticated custom algorithm that meticulously analyzes candle measurements, making adjustments for optimal accuracy. The result? A set of arrows expertly plotted on your chart, indicating strategic entry points. The genius behind this indicator lies in its ability to harness the power of candlestick patterns and comb
ON Trade Bystra Pattern
Abdullah Alrai
Indicators
Indicator Description: The Bystra pattern indicator is designed to help traders identify trading opportunities using the Bystra pattern theory. The indicator provides entry values for placing limit orders, along with target and stop levels. This helps traders calculate their risk percentage, which is an essential aspect of proper money management in trading. Indicator Features: Use System Visuals: This option enables or disables the visual theme of the indicator, allowing users to customize its
ON Trade Fibo Star
Abdullah Alrai
Indicators
The "Fibo Star" indicator is designed to visualize Fibonacci Fans in a star-like pattern on your trading chart. These Fibonacci fans are a powerful tool for analyzing price movements and can offer insights into potential support and resistance levels. This indicator comes equipped with a user-friendly control panel, aiming to simplify the process of drawing and configuring the fans, thus saving you time and effort. Usage Instructions: This indicator is meant for manual usage. To effectively util
ON Trade Forex Strength Meter
Abdullah Alrai
Indicators
The "Currency Strength Indicator" is a powerful tool designed to provide traders with insights into the relative strength of various currencies in the forex market. By calculating and plotting the strength of each currency based on its corresponding time frame, this indicator offers traders the opportunity to identify potential trading opportunities, especially when there are significant divergences or crossovers observed. Key Features of the Indicator: 1. Currency Strength Calculation: The ind
ON Trade Japanese Candles
Abdullah Alrai
Indicators
Technical Indicator for Detecting Strong Price Action Patterns: Pin Bar, Inside Bar, and Outside Bar Introduction: In the realm of technical analysis, price action patterns serve as vital indicators of potential market movements. We've developed a sophisticated technical indicator that streamlines the identification of robust price action patterns on charts. Our indicator specializes in detecting three essential patterns: Pin Bar, Inside Bar, and Outside Bar. Key Patterns Detected: Pin Bar: The
ON Trade Numerokh Levels
Abdullah Alrai
Indicators
Unlock Hidden Insights with the Numerokh Indicator: Your Numerology-Based Support and Resistance Tool Introducing the Numerokh indicator, a revolutionary tool that brings the mystical world of numerology into the realm of trading. Imagine having the power to identify key support and resistance levels on your charts using the age-old wisdom of numerology. This indicator takes trading to a new dimension, offering you a unique way to analyze price movements and make informed trading decisions. Key
ON Trade Shepherd Numerology Levels
Abdullah Alrai
Indicators
Introducing Shepherd Numerology Levels Indicator: Unlock the Hidden Patterns of Price Movement Discover a revolutionary approach to trading with the Shepherd Numerology Levels Indicator. This innovative tool combines the ancient wisdom of numerology with cutting-edge trading techniques to help you identify key support and resistance levels on your charts. By harnessing the power of the Square of Nine method, this indicator offers a unique perspective on market dynamics, allowing you to make mor
ON Trade Numerology Mirror
Abdullah Alrai
Indicators
Introducing the ON Trade Numerology Mirror Indicator: Unveiling Reversal Patterns through Numerology Unlock a new dimension in technical analysis with the ON Trade Numerology Mirror Indicator. This innovative tool leverages the ancient wisdom of numerology to identify key price reversal levels on your charts. By rearranging numbers in reversed positions, this indicator reveals hidden patterns that have the potential to signal significant price reversals, giving you a unique edge in your trading
ON Trade Maravilla Squares
Abdullah Alrai
Indicators
Introducing the Maravilla Square Indicator: Your Predictive Trading Assistant Discover the Maravilla Square Indicator, your key to predictive trading. This unique tool offers insights into price reversals, featuring a trend line that can be adjusted between high and low points. Trend Line Dynamics: The Maravilla Square Indicator introduces the trend line, which you can adapt to high and low points on the chart. This dynamic feature creates a direct link between the indicator and price movements,
ON Trade Melad Pattern
Abdullah Alrai
Indicators
Introducing the ON Trade Melad Pattern Indicator: Enhance Your Trading Strategy with Breakout Patterns Discover the power of the ON Trade Melad Pattern Indicator—an intuitive tool designed to elevate your trading decisions by detecting and highlighting breakout patterns on your charts. This indicator is your key to identifying crucial breakout points and potential trend shifts with simplicity and precision. Key Features: Breakout Pattern Detection: The ON Trade Melad Pattern Indicator foc
ON Trade Pulse Cycle
Abdullah Alrai
Indicators
This indicator will give you entries as result of scalping strategy that will be applied on 14 symbols in same time and you are able to be notified with this entries  Note :   This indicator for scalping on 5 minutes timeframe only . How to use it : 1-Open chart and adjust settings (edit symbols names as your platform names , activate the alert system if you need it . 2-Wait for any signal you have it from this scanner you will have it as alert and as notification and you will see it on bo
ON Trade Stochastic Alert
Abdullah Alrai
Indicators
This indicator gives you the signal of real cross on stochastic indicator. This indicator is easy to attach to an ea. This indicator will work best on All time frames. Arrow appears depending on many algorithms that study the cross parameters. Indicator properties Use_System_Visuals: enable/disable visual styles. Stochastic_K_Period. Stochastic_D_Period. Stochastic_Slowing. Use_Notifications: enable/disable Push Notifications. Use_Alert: enable/disable Alerts. Use_E_Mail: enable/disable Email
ON Trade Volaty
Abdullah Alrai
Indicators
Introducing ON Trade Volaty: Your Profitable Volatility Breakout Solution Unlock trading opportunities with the ON Trade Volaty Indicator. Using advanced volatility analysis, it identifies breakout zones, guiding your trades with precision. Capture price movements with strategic entry and target points, all tailored to your trading style. Key Features: Advanced Volatility Analysis Strategic Entry Points Dynamic Targeting Customizable Parameters Expert Advisor (EA) Compatible How to Use: Install
ON Trade VSA
Abdullah Alrai
Indicators
Introducing "ON Trade VSA" - Your Ultimate VSA Analysis Tool! Unlock the power of Volume Spread Analysis (VSA) with our cutting-edge indicator - "ON Trade VSA." VSA is a powerful methodology used by traders to gauge market strength, identify trends, and make informed decisions. Let's dive into the key features that make "ON Trade VSA" a must-have tool for your trading arsenal: Multicolored Volume Candles : Gain insight into market dynamics with our unique feature that assigns different colors to
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dr-m7md
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dr-m7md 2020.12.30 21:38 
 

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Wei2012
127
Wei2012 2018.06.13 12:29 
 

very useful indicator . I use it everyday ! and the Author replied quickly

Thomas Kjelvik
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Marzipano
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Version 1.4 2021.11.17
- Code And Strategy Improvement .