Market / MetaTrader 5 / Indicators /

Morning Evening Star

40 USD

Demo downloaded: 167

Published: 12 October 2012

Current version: 1.3

Morning Evening Star

Indicators
Alexey Topounov
Version: 1.3
Updated: 4 September 2017
Activations: 7

The indicator displays the "Morning star" and "Evening star" patterns on a chart.

The Evening star is displayed in red or rose. The Morning star is displayed in blue or light blue.

Input Parameters:

Max Bars – number of bars calculated on the chart.
Make Signal Alert – use alerts.
Send Push Notification - send notification to a mobile terminal
Type of rules pattern – type of the model of pattern determination (Hard – with the control of length of shadows of the second bar). If Soft is selected then patterns that do not meet the maximum shadow length condition will be displayed in light colors (rose or light blue).
Smart Filter Enabled – filter that considers the probability of reverse.
Sensitivity Smart Filter – sensitivity of the "Smart Filter" (0 ÷ 1). 1 – maximum sensitivity. 0 – minimum sensitivity (there will be less signals).
Ratio of body length (first bar) – coefficient of the minimal length of body of the first bar.
Ratio of body length (second bar) – coefficient of the maximal length of body of the second bar.
Ratio of length of shadows (second bar) – coefficient of the maximal length of shadows of the second bar.
Ratio of body length (third bar) – coefficient of the minimal length of body of the third bar.
Short-Term Trend Filter – settings of the short-term trend filter.
MA Filter Enabled – use the short-term trend filter based on MA.
MA Method – method of averaging of MA.
MA Period – period of MA.
MA Price Type – type of price used.
Set Bollinger Bands Filter – setting of the filter based on the Bollinger Bands indicator.
Enabled Filter – use the filter based on the Bollinger Bands indicator.
Entry BBands period – period of Bollinger Bands.
Entry BBands deviation – deviation of Bollinger Bands.
Range Check – number of bars to be checked.

Recommendations on usage:

Enter the market by pending orders placed:

on the Low level of the third bar minus several points for the Evening star.
on the High level of the third bar plus several points for the Morning star.

SL is placed on the local extremum level plus several points.

A signal formed on Friday 3-4 hours before the end of a trade session should be better skipped.

If there is an open position when a signal appears, it is recommended not to reverse, but continue trailing the open position.

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45 USD

VWAP is Volume Weighted Average Price. It is calculated as addition of products of volume and price divided by the total volume. This version of the indicator is universal as it has three modes of operation: Moving - in this mode the indicator works as a moving average. But unlike ordinary SMA it has smaller lags during big movements! Bands of square deviation can be used in the same way as Bollinger Bands. Period - in this mode the calculations are performed from the start to the end of period

57 USD

Divergence MACD indicator shows price and MACD indicator divergence. The indicator is not redrawn! The algorithm for detection of price and MACD extremums has been balanced for the earliest entry allowing you to use the smallest SL order possible. The indicator displays all types of divergences including the hidden one, while having the minimum number of settings. Find out more about the divergence types in Comments tab. Launch settings: Max Bars - number of bars calculated on the chart. Indent

50 USD

Вертикальная гистограмма объема - отображает распределение объема по уровням. Гистограмма рассчитывается от объема ( реального или тикового), при этом объем соответствующий бару переносится на уровень H-L бара. Таким образом, при распределении объема за сутки по вертикали - формируются максимумы гистограммы показывающие области проторговки. Настройки индикатора: Timeframe Set - период в пределах которого производится расчет. (рекомендуется D1) Step's - количество отображаемых периодов. Amplit

50 USD

Hurst Fractal Index Фрактальный Индекс Херста - показатель персистентности временного ряда При значении индикатора >0.5 временной ряд считается персистентным (тенденция сохраняется) При значениях индикатора явно < 0.5 временной ряд считается антиперсистентным (возможна смена направления движения) Для наглядности значения индекса усредняются периодом 2-3. Настройки индикатора: Max Bars - глубина истории расчета (кол-во баров на графике для которых произведён расчет) Data from Timeframe - исполь

30 USD

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Version 1.3 2017.09.04

Added the function of sending notifications to a mobile terminal.
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